Cgfm exam 1 - Study guides, Class notes & Summaries
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CGFM Exam 1 - Exam 1 Government Environment I-VII
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CGFM Exam 1 - Exam 1 Government 
Environment I-VII 
I1. A significant difference between special-purpose and general-purpose 
governments is that general-purpose governments - ANSWER-Correct Answer: 
perform multiple functions, while special-purpose governments are typically 
formed to perform one or two specific functions. 
I2. A commission that manages water and sewer services for several counties is 
an example of a - ANSWER-Correct Answer: jointly-governed organization. 
I3. A county commiss...
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CGFM - Exam 1: Government Environment
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CGFM - Exam 1: Government Environment 
Government Sovereignty - ANSWER-Nat'l government can't be sued by states or by 
citizens w/out its permission. 
Government Authority - ANSWER-Derived from constitutions or charters (local versions 
of a constitution), statutes, executive orders & regulations. 
3 Levels - ANSWER-1) National 
2) State 
3) Local 
The primary purpose of each is to provide services to citizens. Separate and distinct, yet 
they may coordinate their efforts. 
3 Branches - ANSWER...
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CGFM Exam 1- Study Guide – 833 Questions and Answers/A+ Graded
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CGFM Exam 1- Study Guide – 833 Questions and Answers/A+ Graded
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CGFM Exam 1- Study Guide (2023/2024) Already Graded A
- Exam (elaborations) • 172 pages • 2023
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CGFM Exam 1- Study Guide (2023/2024) Already Graded A AGA Association of Government Accountants 
CEAR Certificate of Excellence in Accountability Reporting 
CFO Chief Financial Officer 
CGFM Certified Government Financial Manager 
ERP Enterprise Resource Planning 
FASAB Federal Accounting Standards Advisory Board 
FASB Financial Accounting Standards Board 
FSIO Financial Systems Integration Office (within GSA) 
GAAP Generally Accepted Accounting Principles 
GAO Government Accountibility Office 
...
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CGFM - Exam 1: Government Environment (Definitions and theories relating to the organization and structure of government) Already Graded A+
- Exam (elaborations) • 19 pages • 2023
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CGFM - Exam 1: Government Environment (Definitions and theories relating to the organization and structure of government) Already Graded A+
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CGFM EXAM 1- STUDY GUIDE | 833 QUESTIONS AND COMPLETE WELL EXPLAINED ANSWERS WITH RATIONALE 100% CORRECT AND VERIFIED BY EXPERTS GRADED A+ LATEST UPDATE 2024 (SUCCESS GUARANTEED]ALL YOU NEED TO PASS YOUR EXAMS
- Exam (elaborations) • 68 pages • 2024
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CGFM EXAM 1- STUDY GUIDE | 833 QUESTIONS AND COMPLETE WELL EXPLAINED ANSWERS WITH RATIONALE 100% CORRECT AND VERIFIED BY EXPERTS GRADED A+ LATEST UPDATE 2024 (SUCCESS GUARANTEED]ALL YOU NEED TO PASS YOUR EXAMS 
AGA	Association of Government Accountants 
CEAR	Certificate of Excellence in Accountability Reporting 
CFO	Chief Financial Officer 
CGFM	Certified Government Financial Manager 
ERP	Enterprise Resource Planning 
FASAB	Federal Accounting Standards Advisory Board 
FASB	Financial Accountin...
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CGFM Exam 1 Federalism
- Exam (elaborations) • 24 pages • 2024
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CGFM Exam 1 
Federalism - ANSWER-Power is distributed among different levels of government, no 
one level has complete authority 
Sovereignty - ANSWER-National government cant be sued by states or citizens without 
its permission 
Popular Sovereignty - ANSWER-Citizens hold ultimate authority through the ballot; even 
a sovereign government is accountable to citizens 
Primary Purpose of Government - ANSWER-Provide services to its citizens 
10th Amendment - ANSWER-Aka - reserved Clause 
National g...
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CGFM Exam: Section 1, Chapter 1 Exam/39 Questions and Answers
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CGFM Exam: Section 1, Chapter 1 Exam/39 Questions and Answers
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CGFM Exam 1- Study Guide with complete solution
- Exam (elaborations) • 98 pages • 2024
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CGFM Exam 1- Study Guide with complete solution
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CGFM Exam 1 questions and answers
- Exam (elaborations) • 24 pages • 2024
-
Available in package deal
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- $7.99
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CGFM Exam 1 
Federalism - ANSWER-Power is distributed among different levels of government, no 
one level has complete authority 
Sovereignty - ANSWER-National government cant be sued by states or citizens without 
its permission 
Popular Sovereignty - ANSWER-Citizens hold ultimate authority through the ballot; even 
a sovereign government is accountable to citizens 
Primary Purpose of Government - ANSWER-Provide services to its citizens 
10th Amendment - ANSWER-Aka - reserved Clause 
National g...
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