Cgfm exam 3 Study guides, Class notes & Summaries
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![CGFM exam 3 Section 3, Chapter 1 - Internal Controls Questions and Answers 100% correct](/docpics/3776425/6548a320f16d3_3776425_121_171.jpeg)
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CGFM exam 3 Section 3, Chapter 1 - Internal Controls Questions and Answers 100% correct
- Exam (elaborations) • 2 pages • 2023
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CGFM exam 3 Section 3, Chapter 1 - Internal Controls
![CGFM Exam 3: Section 1, Chapter 7 - financial Management Systems Solved 100%](/docpics/4334769/65b3592ca9789_4334769_121_171.jpeg)
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CGFM Exam 3: Section 1, Chapter 7 - financial Management Systems Solved 100%
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Financial management systems - Answer information systems that support financial managers in accomplishing their tasks and achieving their objectives 
 
data visualization - Answer the creation and study of the visual representation of data, meaning information that has been abstracted in some schematic form, including attributes or variables for the units of information. 
 
data visualization can serve what purposes - Answer •Strategic - They focus on high-level measures of performance and fo...
![CGFM exam 3 Section 3, Chapter 1 - Internal Controls Questions and Answers 2023](/docpics/3872679/655bdc4b987aa_3872679_121_171.jpeg)
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CGFM exam 3 Section 3, Chapter 1 - Internal Controls Questions and Answers 2023
- Exam (elaborations) • 2 pages • 2023
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CGFM exam 3 Section 3, Chapter 1 - Internal Controls
![CGFM exam 3: Section 3, Chapter 1 - Internal Controls questions & answers 2023/2024](/docpics/3328537/64ed1bba95658_3328537_121_171.jpeg)
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CGFM exam 3: Section 3, Chapter 1 - Internal Controls questions & answers 2023/2024
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CGFM exam 3: Section 3, Chapter 1 - Internal Controls questions & answers 2023/2024
![CGFM Exam 3 Section 1, Chapter 4 - Acquisiton management Questions & Answers](/docpics/4335014/65b35fc480d20_4335014_121_171.jpeg)
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CGFM Exam 3 Section 1, Chapter 4 - Acquisiton management Questions & Answers
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The four basic phases in acquiring goods and services are? - Answer 1) establishing specifications 
2) soliciting supply sources 
3) awarding contracts 
4) monitoring contractor performance 
 
2 basic methods for soliciting potential contractors - Answer (1) formal advertising through invitations for bid (IFB) and (2) a less formal solicitation through requests for proposal (RFP). The method that is used largely depends on whether there are firm specifications for the goods or services to be ...
![CGFM Exam 3 2023 with 100% correct answers](/docpics/3100269/64b97aa0928f4_3100269_121_171.jpeg)
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CGFM Exam 3 2023 with 100% correct answers
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Financial management systems 
information systems that support financial managers in accomplishing their tasks and achieving their objectives 
 
 
 
data visualization 
the creation and study of the visual representation of data, meaning information that has been abstracted in some schematic form, including attributes or variables for the units of information. 
 
 
 
data visualization can serve what purposes 
•Strategic - They focus on high-level measures of performance and forecasts, thereby...
![CGFM - Exam 1 100% CORRECT](/docpics/4996991/661af29748b1b_4996991_121_171.jpeg)
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CGFM - Exam 1 100% CORRECT
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CGFM - Exam 1 
Government Sovereignty correct answerNat'l government can't be sued by states or by citizens w/out its 
permission. 
Government Authority correct answerDerived from constitutions or charters (local versions of a 
constitution), statutes, executive orders & regulations. 
3 Levels correct answer1) National 
2) State 
3) Local 
The primary purpose of each is to provide services to citizens. Separate and distinct, yet they may 
coordinate their efforts. 
3 Branches correct answer1) ...
![CGFM Exam 3 Questions and Answers - Financial Management Functions](/docpics/4819599/65fedad1c128b_4819599_121_171.jpeg)
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CGFM Exam 3 Questions and Answers - Financial Management Functions
- Exam (elaborations) • 5 pages • 2024
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CGFM Exam 3 Questions and Answers - Financial Management Functions
![CGFM Exam 3 - Financial Management Functions exam 2022/2023](/docpics/6392d7cfb3c2b_2167079.jpg)
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CGFM Exam 3 - Financial Management Functions exam 2022/2023
- Exam (elaborations) • 7 pages • 2022
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Prompt Payment Act 
A federal law that requires federal agencies to pay interest to companies on bills not paid within 30 days of invoice or completion of work. 
 
 
 
Cash Management Improvement Act 
passed to improve the transfer of federal funds between the federal government and the states, territories, and the District of Columbia 
 
 
 
31 CFR Part 2018 Management of Federal Agency Disbursements 
requires federal agencies to disburse payments via electronic funds transfer, with few excepti...
![CGFM TEST 3 EXAM/230 QUESTIONS AND ANSWERS/100% CORRECT](/docpics/4378269/65b9bbf15aa52_4378269_121_171.jpeg)
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CGFM TEST 3 EXAM/230 QUESTIONS AND ANSWERS/100% CORRECT
- Exam (elaborations) • 32 pages • 2024
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CGFM TEST 3 EXAM/230 QUESTIONS AND ANSWERS/100% CORRECT
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