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CGFM Exam 1 2025 Questions and Answers

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CGFM Exam 1 2025 Questions and Answers

Institution
CGFM
Course
CGFM











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Institution
CGFM
Course
CGFM

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Uploaded on
August 15, 2025
Number of pages
40
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

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CGFM Exam 1 2025 Questions and
Answers


Federalism - ANSWER-Power is distributed among different levels of

government, no one level has complete authority

Sovereignty - ANSWER-National government cant be sued by states or citizens

without its permission

Popular Sovereignty - ANSWER-Citizens hold ultimate authority through the

ballot; even a sovereign government is accountable to citizens

Primary Purpose of Government - ANSWER-Provide services to its citizens

10th Amendment - ANSWER-Aka - reserved Clause




National government cant dictate the manner in which state and local programs

should operate

Why are state and local governments called labratories of democracy? - ANSWER-

They experiment with policies and procedures that are later adopted at the national

level (upward influence)



COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1

,At the state level, the legislative branch is sometimes referred to as? - ANSWER-

General Assembly

Cities, towns & villages are ________________ governments - ANSWER-

Municipal

What is the type of municipal government with two branches: executive (mayor),

and legislative (council) - ANSWER-Mayor-Council form

The form of municipal government where the executive and legislative branches

are combined into the authority of commissioners - ANSWER-Commission form

Type of municipal government where council members embody the legislative

branch & a manager serves at discretion of the council- not the voters -

ANSWER-Council Manager Form

The first 10 amendments are known as ______________ - ANSWER-The Bill of

RIghts

How many articles are in the Constitution? - ANSWER-Seven

No one branch of government can exercise complete control over another -

ANSWER-Separation of Powers

Under _________________, courts can overturn laws if deemed unconstitional -

ANSWER-Judicial Review




COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2

,Since each house may pass a different version of a bill, differences are reconciled in

___________________ - ANSWER-Conference Committees

Congress may override the presidents veto with a _______________ vote in

BOTH houses - ANSWER-Two-Thirds

The 3 branches of government can further be divided into

____________________ - ANSWER-Components

Which branch has the most components - ANSWER-Executive

Many government components take the form of ________________, either

permanent of temporary - ANSWER-Commissions

The local government equivalent of a constitution - ANSWER-Charter

Put the following in order per hierarchy of government authorities: Laws,

Executive Orders, Constitution, Rules & Regulations - ANSWER-Constitution,

Laws, Executive Orders, Rules & Regulations

Which decision is most likely to be made during the "programming phase"




a- broad goals of government

b- whether to lease space of construct a new building

c- how to respond to an audit report




COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3

, d- appropriate accounting methods - ANSWER-B - Make or buy done decisions

done during programming phase

Which is not a typical output of programming phase?




a- most cost effective means to acheive objectives

b- specific, measurable objectives

c- level of resources requested

d- reprogramming requests - ANSWER-D - reprogramming requests

Typically, which type of budget will be in effect the longest?




a-operations

b- cash flow

c- capital - ANSWER-C- Capital

What is the purpose of forecasting in regards to the budget? - ANSWER-To

determine the likely level of economic activity & economic trends and how they

will impact revenue & expenses




COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 4

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