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The reserve for uncollec - Study guides, Class notes & Summaries

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NJ CMFO Exam with Complete Solutions

  • NJ CMFO Exam with Complete Solutions

  • Exam (elaborations) • 4 pages • 2023
  • A governing body may increase its appropriations cap to? - ANSWER-3.5% by passing a cost of living adjustment ordinance The Flexible Chart of Accounts is a coding system which cartegorizes - ANSWER-Budgets appropriations and revenue The Reserve for Uncollected Taxes is? - ANSWER-An appropriation required by statue to cover the cash flow requirements of the school, county, and municipal appropriations The minimum useful life of a capital item under the Local Bond Law is? - ANSWER-Five ye...
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