Cash outlays - Study guides, Class notes & Summaries

What is the basic axiom of Fiscal Law? - correct answer The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use of appropriated funds be found? Who is it published by?" - correct answer ...

MIE 201 Final ExamFinancial Management - correct answer Planning for a firm's money needs and managing the allocation and spending of funds Risk/Return Trade Off - correct answer The balance of potential risks against potential rewards Financial Plan - correct answer A document that outlines the funds needed for a certain period of time, along with the sources and intended uses of those funds Accounts Receivable - correct answer Amounts that are currently owed to a firm Accounts Pay...

CDFM MODULE 3.1 What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use of appropriated funds be found? Who is it published by?" - ANSWER- Principles of Federal Appropriations better known as the Red Book-- published by the GA...

Entrepreneurial Finance - correct answer Resource acquisition, allocation of management. Financial planning and management. Asset and business valuation. Cash harvest strategy and contingency planning in the context of a new business. They have a financial investment in the business. They have personally guaranteed business loans. Most small businesses are taxed at a personal level. - correct answer ...

Which has a greater impact on financial management: the structure of a league or the structure of a team? - Answer-The structure of a league and of team ownership impact financial management decisions. What are the three major sections of the balance sheet? Provide at least one example of an item that would be found under each of those sections. - Answer-assets; cash. liabilities; accounts payable owners equity; accrued expenses What is the primary difference between an income statement a...

NAB Study Guide Questions and Answers Graded A+ Education and training programs. To obtain more accurate cost estimates and more control over costs (participatory budget making process - others are more likely to consider the budget legitimate). A change in which one of the following is not likely to be the cause of a budget variance? The personal needs allowance. "Assets are always equal to the sum of liabilities plus owners' equity" is the basic concept in the organization of the: ...

CDFM WITH COMPLETE VERIFIED ANSWERS 1.1.5: What was precursor to Constitution - when ratified? Art. Of Confederation (1781)) 1.1.5: What was required to amend the Art. Of Confed? unanimous approval of all states) 1.1.5: When was Constitution Ratified? Take effect? June 1788)(March 4, 1789) 1.1.6: Why Sep of Power among 3 branches so important? avoid strong central gov > tyranny) 1.1.6: What is Essential principle of Constitution? Gov must be confined to the rule of l...

CDFM MODULE 1 EXAM REAL EXAM 250 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS) What prevents Congress and the President from unilaterally making laws and treaties? Separation of Power What give Congress the authority to make laws? Article 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? Supreme Court Who has the power to raise taxes given in Article 1 of the Constitution? Congress (Legislative Branch) What does the Congress of th...

FIN3702 - MCQ Test Bank (2021) Principles of Managerial Finance, 12e (Gitman) Chapter 14 Working Capital and Current Assets Management Learning Goal 1: Understand short-term financial management, net working capital, and the related tradeoff between profitability and risk. 1) A firm that is unable to pay its bills as they come due is technically insolvent. Answer: TRUE Topic: Basics of Short-Term Financial Management Question Status: Previous Edition 2) Short-term financial managemen...

Three Broad Government Spending Purposes - Answer 1) Current Operations 2) Capital Outlays 3) Debt Service Present Value Analysis - Three Components - Answer Determines what $$ Rec'd in Future is Worth Today 1) inflation component - year over year loss in value 2) enterprise component - inherent risk 3) unique component - Budget Accounting and Procedures Act of 1950 - Answer Requires the head of each federal agency to establish and maintain I/C's. Federal Managers Financial Int...