Private sector budget - Study guides, Class notes & Summaries

CGFM Exam: Section 1, Chapter 1 Questions and Answers Already Passed Difference between a budget in public vs. private sector? Public sector = Law/Private sector = benchmark for performance and goals for growth Primary control device in Govt? budget Financial Reports primary mechanism by which public officials are able to demonstrate accountability. They show how much was raised, how it was spent, and whether spending was in compliance with the budget. State Authority All the powers not set f...

Advanced Accounting test bank with complete solutions graded A+ Define fund as the term is used in governmental accounting. - answerA fund is a fiscal and accounting entity with a self-balancing set of accounts recording cash and other financial resources, together with all related liabilities and residual equities or balances, and changes therein, which are segregated for the purpose of carrying on specific activities or attaining certain objectives in accordance with special regulations...

FITSP-M Exam Questions and Answers (Graded A) The Privacy Act of 1974 established policy objectives to protect... - Answer ️️ -Personally Identifiable Information (PII) Four Objectives: -Restrict Disclosure -Increased rights of access to agency records -Grant individuals the right to seek amendment -Establish a code of fair information practices The Paperwork Reduction Act of 1980 granted... - Answer ️️ -OMB responsibility for creating Policies, helping other agencies comply wit...

How can arts advocates prove the arts to be beneficial, using empirical or quantifiable evidence and is this a convincing argument? Why or why not? correct answers Yes this is a convincing argument because empirical evidence shows how people benefit mentally through arts therapy, and can bring communities together with local art events. Quantifiable evidence makes this a convincing argument because the more people to help prove that the arts can be beneficial, the more people will believe it to ...

Special assessments are used to ensure that - Answer individuals benefiting from the project are the ones who will pay for it imputed costs - Answer costs incurred by a federal entity for goods and services provided and paid for in total, or in part, by other federal entities Accumulated Depreciation is which type of account - Answer contra asset Preferred Costing Methodology - Answer Directly tracing costs wherever feasible and economically practical due process document describing ...

FLORIDA STATE FIRE INSTRUCTOR 1 ACTUAL EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATED 2024/2025 (100% VERIFIED) Americans with Disabilities Act - ANSWER-Prohibits employment practices that discriminate against the disabled in employment and mandated easy access to all public and commercial building Title VII of the Civil rights Act - ANSWER-Prohibits discrimination in employment decisions on the basis of race, religion, sex, color, or national origin; covers a wide range of employment d...

CGFM Exam 2 - Governmental Accounting (2023/2024) Already Graded A Reasons Governments are not Run Like Businesses 1) Goals and objectives differ considerably from those in the private sector. 2) Exists to provide services, not gain profits. 3) Goals and objectives are sometimes established with input from the public. 4) Resources are derived primarily from taxes; there are no shareholders. 5) No single measure of success; can't use increasing market share, earnings per share, or the fact that ...

CPPA Module 3 Exam Questions and Correct Answers Prior to nineties, what two regulations dictated property management industry? - Answer-1. Federal Acquisition Regulation (FAR) part 45 "Government Property" 2. Federal Property Management Regulations (FPMR), for non-federal employees In NPMA, what is meant by "property"? - Answer-Government property What is the goal of the American National Standards Institute (ANSI)? - Answer-To enhance both the global competitiveness of the U.S....

CPPA Module 3 Questions with Correct Answers Prior to nineties, what two regulations dictated property management industry? - Answer-1. Federal Acquisition Regulation (FAR) part 45 "Government Property" 2. Federal Property Management Regulations (FPMR), for non-federal employees In NPMA, what is meant by "property"? - Answer-Government property What is the goal of the American National Standards Institute (ANSI)? - Answer-To enhance both the global competitiveness of the U.S. Bus...

Chapter 3: Additional Budgeting Concepts 3-2 Chapter 1 INTRODUCTION TO FINANCIAL MANAGEMENT Questions for Discussion 1-1. Financial management is the subset of management that focuses on generating financial information that can improve decisions. The decisions are oriented toward achieving the various goals of the organization while maintaining a satisfactory financial situation. Financial management encompasses the broad areas of accounting and finance. 1-2. In proprietary, or for-p...