Nj cmfo - Study guides, Class notes & Summaries

QUESTIONS AND ANSWERS

True or False: Due from State of NJ for Sr. Citizen deduction can be anticipated as a revenue in the current fund budget as non-cash surplus. - ANSWER True--Need approval from DLGS for non-cash surplus. Trust Assessment fund cash is first pledged to: - ANSWER 1. Retirement of serial bonds 2. general capital 3. general taxpayers Municipal Library is paid on a __________________ Basis - ANSWER Quarterly Basis True or False: Budget transfer from the Capital Improvement Fund are not permitt...

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; when converting to a state fiscal year calendar from a calendar year a municipality...

21 - Answer-Number of counties in NJ (1) 565 - Answer-Number of municipalities in NJ (1) 1. City 2. Town 3. Township 4. Borough 5. Village - 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 both. 1. County Executive Plan...

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; when converting to a state fiscal year calendar from a calendar year a municipality may ...

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

NJ CMFO Statutes Exam Review |Questions with 100% Correct Answers | Verified 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: - answerRegistered 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 - answerLocal Finance Board Local Budget Law 40A:4-3.2 Adoption of State fiscal...

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