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CMCP EXAM REVIEW QUESTIONS & ANSWERS. VERIFIED/ RATED A+ Quiz 1 Question 1: The three summary accounts represented in the fundamental accounting equations are: - -Assets = liability + owner's equity Quiz 1 Question 2: Jim tells a friend that some of the job functions he performs include acquiring property, paying for it, and reporting on what is acquired. These functions are a part of the _____ cycle - -Expenditure Quiz 1 Question 3: A company's abilities can be demonstrated by which ...

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CMCP EXAM REVIEW QUESTIONS AND ANSWERS. GRADED A+/ VERIFIED/ Acquisition of goods and services at the best cost based on quality quanity time and location - - Procurement RFI - -a request for information Purchasing mechanism - -p.o claims credit card RFQ - -Request for Qualifications Ics span of control - -3-7 people Spending plan you decide on - -Budget operating budget - -Services and supplies Management system process - -Policy and procedures/documentation/evaluate and risk/plann...

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CMCP Exam Questions And Answers (Updated And Verified) Quiz 1 Question 1: The three summary accounts represented in the fundamental accounting equations are: - answerAssets = liability + owner's equity Quiz 1 Question 2: Jim tells a friend that some of the job functions he performs include acquiring property, paying for it, and reporting on what is acquired. These functions are a part of the _____ cycle - answerExpenditure Quiz 1 Question 3: A company's abilities can be demonstrated by ...

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