Cgfm exam 1 Study guides, Class notes & Summaries
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CGFM Exam 1 questions with correct answers
- Exam (elaborations) • 25 pages • 2023
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I1. A significant difference between special-purpose and general-purpose governments is that general-purpose governments CORRECT ANSWER Correct Answer: perform multiple functions, while special-purpose governments are typically formed to perform one or two specific functions. 
 
I2. A commission that manages water and sewer services for several counties is an example of a CORRECT ANSWER Correct Answer: jointly-governed organization. 
 
I3. A county commission meets to address the budget. In atte...
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CGFM Exam 1- Study Guide AGA
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CGFM Exam 1- Study Guide 
AGA - ANSWER-Association of Government Accountants 
CEAR - ANSWER-Certificate of Excellence in Accountability Reporting 
CFO - ANSWER-Chief Financial Officer 
CGFM - ANSWER-Certified Government Financial Manager 
ERP - ANSWER-Enterprise Resource Planning 
FASAB - ANSWER-Federal Accounting Standards Advisory Board 
FASB - ANSWER-Financial Accounting Standards Board 
FSIO - ANSW
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CGFM Exam 1- Study Guide latest updated
- Exam (elaborations) • 76 pages • 2023
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CGFM Exam 1- Study Guide latest updated
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CGFM Exam 1 Federalism
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CGFM Exam 1 
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 g...
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CGFM Exam 1- Study Guide – 833 Questions and Answers/A+ Graded
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CGFM Exam 1- Study Guide – 833 Questions and Answers/A+ Graded
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CGFM Exam 1 All Questions and Answers 100% Pass
- Exam (elaborations) • 160 pages • 2023
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CGFM Exam 1 All Questions and Answers 100% Pass doctrine of separation of powers provides a foundation for government financial management 
govt entity can be classed as general or special purpose 
US constitution written 1787 
Most school district in US Independent District 
Role of federal CFO codified in the Chief Financial Officer act of 1990 
telework working from home or other remote location 
Anti-fraud policies a formal code of conduct frames the behavioral expectations for individuals 
...
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CGFM Exam 1- Study Guide with complete solution
- Exam (elaborations) • 98 pages • 2024
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CGFM Exam 1- Study Guide with complete solution
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CGFM Exam 1/244 Questions with Answers
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CGFM Exam 1/244 Questions with Answers
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CGFM Exam 1 2023 with 100% correct answers
- Exam (elaborations) • 101 pages • 2023
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AGA - correct answerAssociation of Government Accountants 
 
CEAR - correct answerCertificate of Excellence in Accountability Reporting 
 
CFO - correct answerChief Financial Officer 
 
CGFM - correct answerCertified Government Financial Manager 
 
ERP - correct answerEnterprise Resource Planning 
 
FASAB - correct answerFederal Accounting Standards Advisory Board 
 
FASB - correct answerFinancial Accounting Standards Board 
 
FSIO - correct answerFinancial Systems Integration Office (within GSA...
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CGFM Exam 1 2023 with 100% correct answers
- Exam (elaborations) • 95 pages • 2023
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doctrine of separation of powers provides a foundation for - correct answergovernment financial management 
 
govt entity can be classed as - correct answergeneral or special purpose 
 
US constitution written - correct answer1787 
 
Most school district in US - correct answerIndependent District 
 
Role of federal CFO - correct answercodified in the Chief Financial Officer act of 1990 
 
telework - correct answerworking from home or other remote location 
 
Anti-fraud policies - correct answera...
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