Cgfm exam 4 - Study guides, Class notes & Summaries

CGFM Exam 3 Section 1, Chapter 4 - Acquisition management

CGFM Exam 3 Section 1, Chapter 4 - Acquisition management

CGFM Practice Exam Test 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 resource) Budget process = - CORRECT ANSWER-primary control device in government US Constitution provides two levels of government - CORRECT ANSWER-Federal and State State consitituions similar in that each defines t...

CGFM - Exam Review With Questions and Answers 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 constitution), statutes, executive orders & regulations. 3 Levels - CORRECT ANSWER-1) National 2) State 3) Local The primary purpose of each is to provide services to citizens. Separate and distinct, yet they may coor...

CGFM Final Exam 2023 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 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 - CORRECT ANSWER-Correct Answer: jointly-governed organization. I3. A county commission meets ...