Nj cmfo - Study guides, Class notes & Summaries

21 - correct answer Number of counties in NJ (1) 565 - correct answer Number of municipalities in NJ (1) 1. City 2. Town 3. Township 4. Borough 5. Village - correct answer 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 from districts or at large or b...

NJ CMFO Statutes Exam Review Questions And Answers 2023 Solutions Every audit required by the Local Fiscal Affairs 40A:5-9 is required be completed by an accountant or auditor who holds an unconcealed 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 ...

NJ CMFO Statutes Exam Review Final Exam Statutes Portion Questions And Answers 2023 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; w...

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: - correct answer 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 - correct answer Local Finance Board Local Budget Law 40A:4-3.2 Adoption of State fiscal year; when converting to a state fiscal year calendar fro...

NJ CMFO - Municipal Finance Administration questions with correct answers

NJ CMFO Statutes Exam Review questions with correct answers

CMFO EXAM QUESTIONS CMFO EXAM QUESTIONS WITH GUARANTEED ACCURATE ANSWERS| VERIFIED Every Audit Required by the Local Fiscal Affairs Law is required to be completed by: - Accurate AnswerAn RMA (Registered Municipal Accountant). The statutory responsibility for filing the AFS is assigned to: - Accurate AnswerCFO. A local government officer that serves on the agency that approves development applications refers to a member of which board? - Accurate AnswerPlanning Board Cash manage...

A governing body may increase its appropriations cap to? - ANSWER-3.5% by passing a cost of living adjustment ordinance The Flexible Chart of Accounts is a coding system which cartegorizes - ANSWER-Budgets appropriations and revenue The Reserve for Uncollected Taxes is? - ANSWER-An appropriation required by statue to cover the cash flow requirements of the school, county, and municipal appropriations The minimum useful life of a capital item under the Local Bond Law is? - ANSWER-Five ye...

NJ CMFO Statutes Exam Review questions with correct answers

NJ CMFO Statutes Exam Review(Final Exam Review Statutes Portion) Rated 100% Correct!!