Nj municipal government - Study guides, Class notes & Summaries
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CMFO Exam - Current Fund Complete Questions And Answers With Verified Solutions
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CMFO Exam - Current Fund Complete Questions And Answers With Verified Solutions 
Name the two types of local units of government in NJ 1. Municipalities 
2. Counties 
 
A municipality & county are essentially: - corporations created by the State's Constitution and statutes 
 
A municipal corporation is designed to: - aid the municipality in carrying out specific activities 
 
A municipal corporation has the following powers: (5) 1. to sue & be sued, to defend & be defended in all courts of law ...
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NJ RMC EXAM (GRADED A+ ALREADY)
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How many counties are there in NJ? correct answers 21 
 
How many municipalities are in the state of New Jersey? correct answers 565 
 
Forms of municipal government ... correct answers 1) Special Charter 
2) Commission 
3) Municipal Manager 
4) Optional Municipal Charter "Faulkner Act" 
 
Name types of Optional Municipal Charters "Faulkner Act" correct answers 
 
Powers of a Municipality correct answers 
 
Differences between type I and type II school districts... correct answers 1) Type...
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NJ QPA QUESTIONS CORRECTLY SOLVED & SCORED A+
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Under the Uniform Commercial Code (UCC) Article 2 (Sales) - When the seller is aware 
of the purpose for which the buyer needs the goods in questions and is aware that they 
buyer is relying upon the seller to select proper goods, thus the courts have held that 
the seller is obligated to supply goods reasonably fit for the purpose intended is known 
as: A) Express Warranty B) Warranty of Title C) Implied Warranty D) Partial Warrant - 
️️C) Implied Warranty 
Under the New Jersey Open Public ...
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NJ CMFO Statutes Exam Review
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NJ CMFO Statutes Exam Review 
 
Every audit required by the Local Fiscal Affairs 40A:5-9 is required be completed by an 
accountant or auditor who holds an uncanceled license as: - Registered Municipal 
Accountant 
 
Local Budget Law, N.J.S.A. 40A: 4-3.1 (b) requires any municipality deciding to convert to a 
State Fiscal Year from Calendar Fiscal Year must apply to - Local Finance Board 
 
Local Budget Law 40A:4-3.2 Adoption of State fiscal year; when converting to a state fiscal year 
calendar...
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NJ QPA Exam -with 100% verified solutions 2024-2025
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NJ QPA Exam -with 100% verified solutions 
Dillion's Rule (1868) - states that local governments do not have any inherent sovereignty and instead must be authorized by state governments that can create or abolish them 
 
Cooley Doctrine - Local government is a matter of absolute right and the state may not take it away. 
 
Forms of NJ Municipal Government - Boroughs, Commissions, Municipal Mgr, Town, Township, Village, and Cities. Optional Faulkner Act.
And that's how you make extra money
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NJ CMFO - Municipal Finance Administration Questions And Answers With Verified Quiz
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NJ CMFO - Municipal Finance Administration Questions And Answers With Verified Quiz 
 21 Number of counties in NJ (1) 
 
565 Number of municipalities in NJ (1) 
 
1. City 
2. Town 
3. Township 
4. Borough 
5. Village 5 types of local government (1) 
 
TRADITIONAL COUNTY PLANS 
Elected freeholders as general govt body, 3 yr overlapping terms. Policy making at administrative level (FH are all admins) 
 
OPTION COUNTY CHARTER PLANS 
3, 5, 7 or 9 members, concurrent or overlapping terms, FHs elected...
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CMFO Exam - Current Fund Study guide with questions and answers
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Name the two types of local units of government in NJ - 1. Municipalities 
2. Counties 
A municipality & county are essentially: - - corporations created by the State's 
Constitution and statutes 
A municipal corporation is designed to: - - aid the municipality in carrying out specific 
activities 
A municipal corporation has the following powers: (5) - 1. to sue & be sued, to defend & 
be defended in all courts of law 
2. to adopt a common seal 
3. to acquire property 
4. to acquire, lease, an...
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Municipal Finance Administration NJCMFO Exam Questions And Answer 2023
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Municipal Finance Administration NJCMFO Exam Questions And Answer 2023 
The Fundamental Purpose of Local Government To provide essential public services such as refuse collection, police protection, education, fire suppression and prevention, library, recreation, and other important services which impact the everyday lives of virtually every citizen. 
 
Five types of Municipalities in NJ Town, Township, Borough, Village, and City 
 
4-forms of Government that can be adopted by the voters 1. The ...
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CMFO EXAM - PRACTICE QUESTIONS|UPDATED&VERIFIED|100%SOLVED|GUARANTEED SUCCESS
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Every Audit Required by the Local Fiscal Affairs Law is required to be completed by: 
An RMA (Registered Municipal Accountant) 
 
 
 
The statutory responsibility for filing the AFS is assigned to: 
CFO 
 
 
 
A local government officer that serves on the agency that approves development applications refers to a member of which board? 
Planning Board 
 
 
 
Cash management plan must be approved annual by the: 
Governing Body 
 
 
 
The local bond law stipulates that the maturities of all bonds s...
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BEST VERIFIED AND UPDATED VERSION NJ QPA Exam 2021 QUESTIONS WITH COMPLETE VERIFIED SOLUTIONS
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