1 Exam (elaborations) CGFM #2: Chapter 5 (Sec 2 Ch 1)Correctly answered to pass 2023 2 Exam (elaborations) CGFM #2: Chapter 1 Questions with complete solution (graded A+) 3 Exam (elaborations) CGFM Exam 2, Section 3 - Chapter 2: Federal Budgetary Accounting(rated A)PASSED 4 Exam (elaborations) C...
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CGFM - Exam 1: Government Environment question with complete solution 2023 Government Sovereignty - correct answer Nat'l government can't be sued by states or by citizens w/out its permission. Government Authority - correct answer Derived from constitutions or charters (local versions of a con...
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Add to cartCGFM - Exam 1: Government Environment question with complete solution 2023 Government Sovereignty - correct answer Nat'l government can't be sued by states or by citizens w/out its permission. Government Authority - correct answer Derived from constitutions or charters (local versions of a con...
CGFM Exam 1 ALL(rated A+)question with correct answers 2023doctrine of separation of powers provides a foundation for - correct answer government financial management govt entity can be classed as - correct answer general or special purpose US constitution written - correct answer 1787 Most...
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Add to cartCGFM Exam 1 ALL(rated A+)question with correct answers 2023doctrine of separation of powers provides a foundation for - correct answer government financial management govt entity can be classed as - correct answer general or special purpose US constitution written - correct answer 1787 Most...
CGFM Exam 1- Study Guide(rated A+)questions with correct answers 2023AGA - correct answer Association of Government Accountants CEAR - correct answer Certificate of Excellence in Accountability Reporting CFO - correct answer Chief Financial Officer CGFM - correct answer Certified Government...
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Add to cartCGFM Exam 1- Study Guide(rated A+)questions with correct answers 2023AGA - correct answer Association of Government Accountants CEAR - correct answer Certificate of Excellence in Accountability Reporting CFO - correct answer Chief Financial Officer CGFM - correct answer Certified Government...
CGFM TEST 2(graded A+)question & answers 2023 Governments exist to provide services - correct answer no profit motive, no single measure of success Primary funding source = - correct answer taxes (involuntary payments, because there is no ability to match services to those who provide the resour...
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Add to cartCGFM TEST 2(graded A+)question & answers 2023 Governments exist to provide services - correct answer no profit motive, no single measure of success Primary funding source = - correct answer taxes (involuntary payments, because there is no ability to match services to those who provide the resour...
CGFM III question with correct answers (rated A+)2023Cash Management Improvement Act 1990 - correct answer Improve the transfer of federal funds 31 CFR Part 208 Management of Federal Agency Disbursements - correct answer Requires EFT payments Cash Management - correct answer 1) mutually benefi...
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Add to cartCGFM III question with correct answers (rated A+)2023Cash Management Improvement Act 1990 - correct answer Improve the transfer of federal funds 31 CFR Part 208 Management of Federal Agency Disbursements - correct answer Requires EFT payments Cash Management - correct answer 1) mutually benefi...
CGFM TEST 3(graded A+) correctly answered 2023 updated to passThree Broad Government Spending Purposes - correct answer 1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - correct answer Determines what $$ Rec'd in Future is Worth Today 1) in...
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Add to cartCGFM TEST 3(graded A+) correctly answered 2023 updated to passThree Broad Government Spending Purposes - correct answer 1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - correct answer Determines what $$ Rec'd in Future is Worth Today 1) in...
CGFM Exam #2 - Governmental Accounting fully solved graded A+ 2023Reasons Governments are not Run Like Businesses - correct answer 1) Goals and objectives differ considerably from those in the private sector. 2) Exists to provide services, not gain profits. 3) Goals and objectives are sometimes es...
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Add to cartCGFM Exam #2 - Governmental Accounting fully solved graded A+ 2023Reasons Governments are not Run Like Businesses - correct answer 1) Goals and objectives differ considerably from those in the private sector. 2) Exists to provide services, not gain profits. 3) Goals and objectives are sometimes es...
CGFM Test 3 questions with correct answers(rated A+)fully solvedA-76 - correct answer Directive issued by OMB that establishes federal policy for the competition of commercial activities Abuse - correct answer behavior that is deficient or improper when compared with behavior that a prudent perso...
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Add to cartCGFM Test 3 questions with correct answers(rated A+)fully solvedA-76 - correct answer Directive issued by OMB that establishes federal policy for the competition of commercial activities Abuse - correct answer behavior that is deficient or improper when compared with behavior that a prudent perso...
CGFM Exam: Section 1, Chapter 1 correctly answered to pass 2023Difference between a budget in public vs. private sector? - correct answer public sector = Law/Private sector = benchmark for performance and goals for growth Primary control device in Govt? - correct answer budget Financial Report...
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Add to cartCGFM Exam: Section 1, Chapter 1 correctly answered to pass 2023Difference between a budget in public vs. private sector? - correct answer public sector = Law/Private sector = benchmark for performance and goals for growth Primary control device in Govt? - correct answer budget Financial Report...
CGFM EXAM 2 Study question with 100% correct answers(graded A+)Non-Spendable Fund Balance - correct answer Assets not in spendable form-Inventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, invento...
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Add to cartCGFM EXAM 2 Study question with 100% correct answers(graded A+)Non-Spendable Fund Balance - correct answer Assets not in spendable form-Inventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, invento...
CGFM Exam 3: Section 1, Chapter 4 - Acquisition management correctly answered 2023The four basic phases in acquiring goods and services are? - correct answer 1) establishing specifications 2) soliciting supply sources 3) awarding contracts 4) monitoring contractor performance 2 basic method...
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Add to cartCGFM Exam 3: Section 1, Chapter 4 - Acquisition management correctly answered 2023The four basic phases in acquiring goods and services are? - correct answer 1) establishing specifications 2) soliciting supply sources 3) awarding contracts 4) monitoring contractor performance 2 basic method...
CGFM Exam 3: Section 5, Chapter 1 - What is an Audit?2023 verified to passAudit definition - correct answer an independent, systematic, objective and unbiased assessment that provides answers to a set of questions. "Material" meaning - correct answer use "material" in the context of whether r...
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Add to cartCGFM Exam 3: Section 5, Chapter 1 - What is an Audit?2023 verified to passAudit definition - correct answer an independent, systematic, objective and unbiased assessment that provides answers to a set of questions. "Material" meaning - correct answer use "material" in the context of whether r...
CGFM Test 1 question with verified solution(rated A+)2023Federal - correct answer refers to national government Federalism - correct answer means that power is distributed among different levels of government Sovereignty - correct answer government cannot be sued by states or by citizens witho...
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Add to cartCGFM Test 1 question with verified solution(rated A+)2023Federal - correct answer refers to national government Federalism - correct answer means that power is distributed among different levels of government Sovereignty - correct answer government cannot be sued by states or by citizens witho...
CGFM Exam 1 question with correct answers latest 2023 rated A+Federalism - correct answer Power is distributed among different levels of government, no one level has complete authority Sovereignty - correct answer National government cant be sued by states or citizens without its permission Po...
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Add to cartCGFM Exam 1 question with correct answers latest 2023 rated A+Federalism - correct answer Power is distributed among different levels of government, no one level has complete authority Sovereignty - correct answer National government cant be sued by states or citizens without its permission Po...
CGFM Test 1 Terms(rated A+)fully solved to pass 2023 AFR - correct answer Agency Financial Report AGA - correct answer Association of Government Accountants BFELoB - correct answer Budget Formulation and Execution Line of Business CAFR - correct answer Comprehensive Annual Financial Report ...
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Add to cartCGFM Test 1 Terms(rated A+)fully solved to pass 2023 AFR - correct answer Agency Financial Report AGA - correct answer Association of Government Accountants BFELoB - correct answer Budget Formulation and Execution Line of Business CAFR - correct answer Comprehensive Annual Financial Report ...
CGFM Exam 1 questions with correct answers(graded A+)2023 updatedReserved Clause - correct answer Governmental powers reserved for the states and the people by the Tenth Amendment of the U.S. Constitution. Commissions - correct answer special-government components (created through law or statue) ...
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Add to cartCGFM Exam 1 questions with correct answers(graded A+)2023 updatedReserved Clause - correct answer Governmental powers reserved for the states and the people by the Tenth Amendment of the U.S. Constitution. Commissions - correct answer special-government components (created through law or statue) ...
CGFM Study Exam 1 (rated A+) correctly answered 2023 Federalism - correct answer 1. Power is distributed among different lvls of Gov't 2. A legal relationship with power distributed among different levels of gov't 3. No lvl of gov't has complete authority over all areas of public policy 4. R...
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Add to cartCGFM Study Exam 1 (rated A+) correctly answered 2023 Federalism - correct answer 1. Power is distributed among different lvls of Gov't 2. A legal relationship with power distributed among different levels of gov't 3. No lvl of gov't has complete authority over all areas of public policy 4. R...
CGFM Exam 3 - Financial Management Functions fully solved 2023 verifiedPrompt Payment Act - correct answer A federal law that requires federal agencies to pay interest to companies on bills not paid within 30 days of invoice or completion of work. Cash Management Improvement Act - correct answer ...
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Add to cartCGFM Exam 3 - Financial Management Functions fully solved 2023 verifiedPrompt Payment Act - correct answer A federal law that requires federal agencies to pay interest to companies on bills not paid within 30 days of invoice or completion of work. Cash Management Improvement Act - correct answer ...
CGFM Part 2 - Comprehensive Review(rated A+)fully solved 2023GASB | Financial Statement Components - correct answer 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. ...
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Add to cartCGFM Part 2 - Comprehensive Review(rated A+)fully solved 2023GASB | Financial Statement Components - correct answer 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. ...
CGFM Section III: Government Management Cycle fully solved 2023 updated to pass Government Management Model Phases - correct answer 1. Planning 2. Programming 3. Budgeting 4. Operations 5. Accounting 6. Reporting 7. Auditing Planning in a traditional model - correct answer Identifying an...
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Add to cartCGFM Section III: Government Management Cycle fully solved 2023 updated to pass Government Management Model Phases - correct answer 1. Planning 2. Programming 3. Budgeting 4. Operations 5. Accounting 6. Reporting 7. Auditing Planning in a traditional model - correct answer Identifying an...
CGFM Exam 1 question with complete solution (graded A+)fully solved I1. A significant difference between special-purpose and general-purpose governments is that general-purpose governments - correct answer Correct Answer: perform multiple functions, while special-purpose governments are typically f...
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Add to cartCGFM Exam 1 question with complete solution (graded A+)fully solved I1. A significant difference between special-purpose and general-purpose governments is that general-purpose governments - correct answer Correct Answer: perform multiple functions, while special-purpose governments are typically f...
CGFM 1.5 - Public Accountability questions & answers 2023 verified passedService efforts and Accomplishments (SEA) - correct answer a report or several linked reports that communicate the efficiency and effectiveness in which a government operates in trying to achieve desired results Service effo...
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Add to cartCGFM 1.5 - Public Accountability questions & answers 2023 verified passedService efforts and Accomplishments (SEA) - correct answer a report or several linked reports that communicate the efficiency and effectiveness in which a government operates in trying to achieve desired results Service effo...
CGFM exam 3: Section 3, Chapter 1 - Internal Controls fully solved 2023Federal laws on internal controls began with? - correct answer Budget and Accounting Procedures Act of 1950, which requires each federal agency head to establish and maintain internal controls. Federal Financial Managers' Fin...
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Add to cartCGFM exam 3: Section 3, Chapter 1 - Internal Controls fully solved 2023Federal laws on internal controls began with? - correct answer Budget and Accounting Procedures Act of 1950, which requires each federal agency head to establish and maintain internal controls. Federal Financial Managers' Fin...
CGFM EXAM 2(graded A+)CORRECTLY ANSWERED fully solvedSpecial assessments are used to ensure that - correct answer individuals benefiting from the project are the ones who will pay for it imputed costs - correct answer costs incurred by a federal entity for goods and services provided and paid for...
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Add to cartCGFM EXAM 2(graded A+)CORRECTLY ANSWERED fully solvedSpecial assessments are used to ensure that - correct answer individuals benefiting from the project are the ones who will pay for it imputed costs - correct answer costs incurred by a federal entity for goods and services provided and paid for...
CGFM Exam 2, Section 3 - Chapter 2: Federal Budgetary Accounting(rated A)PASSED Exec Branch central financial management agencies - correct answer (1) OMB and (2) the Dept of Treasury OMB - correct answer OMB's predominant mission is to assist the president in overseeing the preparation of the ...
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Add to cartCGFM Exam 2, Section 3 - Chapter 2: Federal Budgetary Accounting(rated A)PASSED Exec Branch central financial management agencies - correct answer (1) OMB and (2) the Dept of Treasury OMB - correct answer OMB's predominant mission is to assist the president in overseeing the preparation of the ...
CGFM #2: Chapter 1 Questions with complete solution (graded A+)resources for government entities are derived primarily from.... - correct answer taxes involuntary resource providers...... - correct answer pay the taxes which provide services for others paying little or no taxes because those w...
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Add to cartCGFM #2: Chapter 1 Questions with complete solution (graded A+)resources for government entities are derived primarily from.... - correct answer taxes involuntary resource providers...... - correct answer pay the taxes which provide services for others paying little or no taxes because those w...
CGFM #2: Chapter 5 (Sec 2 Ch 1)Correctly answered to pass 2023Financial Accounting Foundation - correct answer full time chairman + 6 part time members professional staff from various accounting sectors appoints members to Governmental Accounting Standards Advisory Council (GASAC), an advisor to G...
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Add to cartCGFM #2: Chapter 5 (Sec 2 Ch 1)Correctly answered to pass 2023Financial Accounting Foundation - correct answer full time chairman + 6 part time members professional staff from various accounting sectors appoints members to Governmental Accounting Standards Advisory Council (GASAC), an advisor to G...
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