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Governmental Financial Management CGFM Study Guide 3 Questions And Correct Answers
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---34November 20252025/2026A+
- Internal controls should help prevent goods from being stolen. True or false? Answer: - CORRECT - ANSWERS True. One of the primary functions of internal control systems is to prevent loss, misuse or misappropriation of assets 
 
Which of the following is inappropriate? 
a. The person receiving a deposit makes out the deposit slip. 
b. The person making out the deposit slip makes the deposit. 
c. The person sending out the bill records the transaction in the system. 
d. The person reco...
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