Cgfm exam Study guides, Class notes & Summaries

CGFM Exam 1- Study Guide | 833 Questions and Answers 100% Correct | Updated 2024

Non-Spendable Fund Balance CORRECT ANSWER Assets not in spendable form-Inventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, inventory, membership fees Restricted Fund Balance CORRECT ANSWER Subject to constraints imposed by external parties or law. Debt covenants (such as a requirement for a sinking fund) or constraints imposed by legislation or federal and state agencies, creditors, contri...

Non-Spendable Fund Balance Assets not in spendable form-Inventories and prepaid items, principal of a permanent fund which may not be spent, and assets held for sale and long-term receivables. Examples: Supplies, inventory, membership fees Restricted Fund Balance Subject to constraints imposed by external parties or law. Debt covenants (such as a requirement for a sinking fund) or constraints imposed by legislation or federal and state agencies, creditors, contributors or granting agenc...

CGFM Exam 2 | CGFM Exam 2 (2024) Questions With 100% Solved Answers!

CGFM EXAM 1 2024 WITH 100% CORRECT ANSWERS 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 i...

CGFM EXAM 2 (CERTIFIED GOVERNMENT FINANCIAL MANAGER – CGFM EXAM 2) WITH 300 QUESTIONS AND CORRECT ANSWERS (BRAND NEW!)

CGFM Exam 1 Complete Questions And Answers | 2024 Latest Quiz CGFM Exam 1 Complete Questions And Answers | 2024 Latest Quiz

CGFM EXAM 1 2024 WITH 100% CORRECT ANSWERS 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 c...

CGFM EXAM 1 GOVERNMENT ENVIRONMENT LATEST EXAM 2024 WITH 200 PREP QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS) CGFM EXAM 1 2024/2025 (NEW!)

CGFM EXAM 2 AGA'S CGFM - GOVERNMENTAL ACCOUNTING, FINANCIAL REPORTING, AND BUDGETING | 156 Questions and Answers 100% Correct | Updated 2024