Fasab mission - Study guides, Class notes & Summaries

CGFM Part 2 - Comprehensive Review with complete solutions 2023GASB | Financial Statement Components 1. Auditor's Report 2. MD&A 3. Basic Financial Statements - Government-Wide Financials (Icing) - Fund Financials (Layers) - Notes (Filling that holds the layers together) 4. RSI 5. Combining Statements & Individual Fund Statements GASB | Statistical Section Components 1. Financial Trends 2. Revenue Capacity 3. Debt Capacity 4. Demographics and Economics 5. Operations E...

CDFM - Module 3 Questions And Answers 2023 Latest Rated 100%. CDFM - Certified Defense Financial Manager. What three primary types of officials are accountable Individuals in the DoD? - Answer Certifying Officers (*CO*), Disbursing Officers (*DO*), Departmental Accountable Officials (*DAO*) (p. 2.2.21, 2.2.64) What is the normal collection method for debts owed by active military members and civilian employees who are still in service? - Answer Salary Offset garnishing (p. 3.2.38) When c...

What are the three tests that must be met for use of the Necessary Expense doctrine? - ANSWER Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? - ANSWER The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) What type of budgetary resources remains available for new obligations for more than one fiscal year? - ANSWER Multi-...