CGFM EXAM 3 COMPLETE QUESTIONS
AND ANSWERS GRADED A+
◉ Current Ratio
Answer: current assets divided by current liabilities
◉ foundation of government soclication
Answer:
◉ Payback Analysis
Answer: A financial analysis model that involves comparing
annual cash flow savings of alternatives to determine whether the
payback period is equal to or less than that allowed for project
approval
◉ data mining
Answer:
◉ non financial service efforts
Answer:
◉ Financial and non-financial performance measures are defined
as quantitative or qualitative indicators performance measures
are defined as quantitative or qualitative indicators of
, Answer: inputs, outputs, outcomes, progress, results,
achievement, effectiveness or efficiency
◉ Reporting of performance measures in financial reports under
GASB
Answer: optional for all activities.
◉ Depository Trust Company (DTC)
Answer: the DTC is a central repository through which members
electronically settle trades in corporate, mortgage backed and
municipal securities and electronically transfer the security
certificates
◉ Money Managers
Answer: selected in the same way as other contractual services.
Managers are monitored through written reports and face to face
meetings and evaluated based on performance, i,e whether they
are achieving the expected rate of return
◉ Brokers
Answer: arrange for the purchase or sale of investments
May specialize in certain types of transactions
◉ market exchange
AND ANSWERS GRADED A+
◉ Current Ratio
Answer: current assets divided by current liabilities
◉ foundation of government soclication
Answer:
◉ Payback Analysis
Answer: A financial analysis model that involves comparing
annual cash flow savings of alternatives to determine whether the
payback period is equal to or less than that allowed for project
approval
◉ data mining
Answer:
◉ non financial service efforts
Answer:
◉ Financial and non-financial performance measures are defined
as quantitative or qualitative indicators performance measures
are defined as quantitative or qualitative indicators of
, Answer: inputs, outputs, outcomes, progress, results,
achievement, effectiveness or efficiency
◉ Reporting of performance measures in financial reports under
GASB
Answer: optional for all activities.
◉ Depository Trust Company (DTC)
Answer: the DTC is a central repository through which members
electronically settle trades in corporate, mortgage backed and
municipal securities and electronically transfer the security
certificates
◉ Money Managers
Answer: selected in the same way as other contractual services.
Managers are monitored through written reports and face to face
meetings and evaluated based on performance, i,e whether they
are achieving the expected rate of return
◉ Brokers
Answer: arrange for the purchase or sale of investments
May specialize in certain types of transactions
◉ market exchange
