Cgfm exam 1 Study guides, Class notes & Summaries

CGFM EXAM 1 ALL

CGFM - Exam 1: Government Environment questions with correct answers

Doctrine of separation of powers provides a foundation for - Answer- government financial management Govt entity can be classed as - Answer- general or special purpose US constitution written - Answer- 1787 Most school district in US – Ans Wer- Independent District Role of federal CFO - Answer- codified in the Chief Financial Officer act of 1990 Telework - Answer- working from home or other remote location Anti-fraud policies - Answer- a formal code of conduct Frames the...

CGFM Exam 1- Study Guide AGA - ANSWER-Association of Government Accountants CEAR - ANSWER-Certificate of Excellence in Accountability Reporting CFO - ANSWER-Chief Financial Officer CGFM - ANSWER-Certified Government Financial Manager ERP - ANSWER-Enterprise Resource Planning FASAB - ANSWER-Federal Accounting Standards Advisory Board FASB - ANSWE

CGFM Exam 1 All Questions and Answers 100% Pass doctrine of separation of powers provides a foundation for government financial management govt entity can be classed as general or special purpose US constitution written 1787 Most school district in US Independent District Role of federal CFO codified in the Chief Financial Officer act of 1990 telework working from home or other remote location Anti-fraud policies a formal code of conduct frames the behavioral expectations for individuals ...

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 government can...

AGA - ANSWER-Association of Government Accountants CEAR - ANSWER-Certificate of Excellence in Accountability Reporting CFO - ANSWER-Chief Financial Officer CGFM - ANSWER-Certified Government Financial Manager ERP - ANSWER-Enterprise Resource Planning FASAB - ANSWER-Federal Accounting Standards Advisory Board FASB - ANSWER-Financial Accounting Standards Board FSIO - ANSWER-Financial Systems Integration Office (within GSA) GAAP - ANSWER-Generally Accepted Accounting Principles GAO - ANSWE...

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 Popular Sovereignty CORRECT ANSWER Citizens hold ultimate authority through the ballot; even a sovereign government is accountable to citizens Primary Purpose of Government CORRECT ANSWER Provide services to its citizens 10th Amendment CORRECT ANSWER Aka - reser...

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 to address the budget. In atte...

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...