CGFM EXAM 2 Question and answers correctly solved 2023

CGFM EXAM 2 Question and answers correctly solved 2023 Special assessments are used to ensure that - correct answer individuals benefiting from the project are the ones who will pay for it imputed costs - correct 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 - correct answer contra asset Preferred Costing Methodology - correct answer Directly tracing costs wherever feasible and economically practical due process document describing various methods of accounting for a transaction and asks respondents to provide their views on the preferred method - correct answer discussion memorandum