Cgfm test 3 questions Study guides, Class notes & Summaries
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CGFM Test 3 questions and answers
- Exam (elaborations) • 14 pages • 2024
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CGFM Test 3 questions and answers
![CGFM TEST 3 Questions with 100% Correct Answers | Updated & Verified|50 Pages](/docpics/4686472/65e97da435719_4686472_121_171.jpeg)
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CGFM TEST 3 Questions with 100% Correct Answers | Updated & Verified|50 Pages
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Three Broad Government Spending Purposes - ️️1) Current Operations 
2) Capital Outlays 
3) Debt Service 
 
Present Value Analysis - Three Components - ️️Determines what $$ Rec'd in Future is Worth Today 
 
1) inflation component - year over year loss in value 
2) enterprise component - inherent risk 
3) unique component - 
 
Budget Accounting and Procedures Act of 1950 - ️️Requires the head of each federal agency to establish and maintain I/C's. 
 
Federal Managers Financial Integr...
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CGFM TEST 3 Questions With Correct Answers
- Exam (elaborations) • 47 pages • 2024
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Three Broad Government Spending Purposes - Answer 1) Current Operations 
2) Capital Outlays 
3) Debt Service 
 
Present Value Analysis - Three Components - Answer Determines what $$ Rec'd in Future is Worth Today 
 
1) inflation component - year over year loss in value 
2) enterprise component - inherent risk 
3) unique component - 
 
Budget Accounting and Procedures Act of 1950 - Answer Requires the head of each federal agency to establish and maintain I/C's. 
 
Federal Managers Financial Int...
CGFM Test 3 Questions and Answers
![CGFM TEST 3 questions with correct answers](/docpics/3201600/64d01dc72ca12_3201600_121_171.jpeg)
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CGFM TEST 3 questions with correct answers
- Exam (elaborations) • 47 pages • 2023
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CGFM TEST 3 questions with correct answers
![CGFM TEST 3 QUESTIONS AND ANSWERS](/docpics/4693707/65ea5cc4ad9f3_4693707_121_171.jpeg)
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CGFM TEST 3 QUESTIONS AND ANSWERS
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CGFM TEST 3 QUESTIONS AND 
ANSWERS
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CGFM Test 3 Questions & Answers Correct 100%
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A-76 - Answer Directive issued by OMB that establishes federal policy for the competition of commercial activities 
 
Abuse - Answer behavior that is deficient or improper when compared with behavior that a prudent person would consider reasonable and necessary business practice given the facts and circumstances 
 
Account cleanup - Answer process of researching, analyzing and evaluating old accounts in an accounting system to determine if they should be terminated or continued, and terminating ...
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CGFM TEST 3 Questions And Answers 2023
- Exam (elaborations) • 31 pages • 2023
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Three Broad Government Spending Purposes - Correct answer-1) Current Operations 
2) Capital Outlays 
3) Debt Service 
Present Value Analysis - Three Components - Correct answer-Determines what $$ 
Rec'd in Future is Worth Today 
1) inflation component - year over year loss in value 
2) enterprise component - inherent risk 
3) unique component - 
Budget Accounting and Procedures Act of 1950 - Correct answer-Requires the head of 
each federal agency to establish and maintain I/C's. 
Federal Mana...
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CGFM TEST 3 QUESTIONSD AND ANSWERS 2023
- Exam (elaborations) • 31 pages • 2023
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CGFM TEST 3
![CGFM TEST 3 Questions with Complete Verified Solutions 2024/2025](/docpics/4677703/65e8309d8c11c_4677703_121_171.jpeg)
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CGFM TEST 3 Questions with Complete Verified Solutions 2024/2025
- Exam (elaborations) • 35 pages • 2024
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QUESTIONS AND ANSWERS
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