NJ QPA EXAM 2025/2026 QUESTIONS
AND ANSWERS 100% PASS
State of NJ has 5 types or levels of local government
considered "creatures of the state" created, altered,
and abolished by only state law. - ANS 1. counties
2. municipalities
3. school districts
4. local authorities
5. special districts
Sources of Basic Law - ANS 1. Session Laws (Pamphlet Laws)
2. Revised Statues of NJ
3. NJ Statutes Annotated
4. NJ Administrative Code
What are Pamphlet Laws? - ANS Bills passed during each legislative session and signed into
law by the governor are assigned a chapter number in numerical order. At end of each year
these chapters are bound together and issued as a separate volume. Generally called "session
laws" and are officially in known in NJ as "Pamphlet Laws" EVERY 2 YEARS CHAPTERS END OF 2
YR PERIOD ARE BOUND
1 @COPYRIGHT 2025/2026.
,What are Revised Statutes of NJ? - ANS Period revisions which bring together all of the
general legislation currently in effect. Numbered so that all effective statutes concerning the
same subject are brought together in the same place Numbering system is based upon a series
of Titles, Chapters, and Sections Grouped into 58 Titles,
Titles are divided into Chapters and Chapters are Divided
into Sections.
What are NJ Statutes Annotated? - ANS Series of commercially available, unofficial volumes
of compiled and annotated laws published by West Publishing among others. Includes all of the
effective general laws of the state, usually using the same basic numbering system as the
Revised Statutes. Also has court cases.
What is NJ Administrative Code? - ANS An official publication of the State of NJ which
contains all of the official rules, regulations and other documents issued by State agencies and
filed in accordance with the Administrative Procedure Act of 1968. It is kept up to date by
periodic supplements, which provide replacement pages
and obsolete pages to be discarded. NJ Register published twice monthly indexes proposed and
adopted rules and regulations.
What is the Division of Local Government Services? - ANS DLGS is the most important state
agency for local government financial and management functions.
State supervision of local government finance under the Division. Regularly issues Local Finance
Notices concerning the work of the agency and the problems of local government, and
requirements of law and regulations.
What is the Local Finance Board? - ANS A component of the DLGS empowered to study the
entire field of local government. Supervises the financial affairs of municipalities which fall
under the Fiscal Supervision Act.
What are the functions of the Local Finance Board? - ANS -Approve the creation of local
authorities
-Review the financing of proposed projects of such authorities
2 @COPYRIGHT 2025/2026.
,-Makes Recommendations in respect to such project financing following a public hearing
-May also issue orders to authorities to correct deficits or to alleviate any financial difficulties,
including increasing rates or charges, or to dissolve an authority
Selected Functions of the DLGS - ANS 1. Technical assistance to local units regarding the LPCL
2. Approval of applications for establishment of petty cash funds and promulgation of rules and
regulations therto
3. Technical advice and assistance to registered municipal accountants and local officials
regarding, auditing, budgeting, accounting, purchasing, and numerous other areas of financial
management
4. Technical assistance to municipalities in planning & implementing consolidation of services
under shared
services laws.
5. Publication of LFNs containing useful information about statutory requirements, Division
rules and regulations, and statistical data.
6. Review & Register cooperative purchasing systems, approve competitive contracting
exceptions and pre-qualifications of bidders.
7. Cooperation with the Center for Government Services
at Rutgers in the development and presentation of training programs for local elected &
appointed officials, especially relating to examination and re certification.
8. Preparation & supervision of written examinations for certifications of municipal tax
collectors, municipal clerks, purchasing agents and finance officers, and public works managers;
determination of applicants' eligibility, and award of certifications to qualifiers.
Capital Improvements - ANS An item which as a useful life of at least 5 years and for which
notes or bonds can be sold.
An ordinance must be adopted to spend funds from the capital improvement fund which plays
an important role in financing the municipality's capital projects.
Capital Programs and Budgets - ANS Capital Program - a multi-year plan and schedule for
capital projects with a prospective life of 5 years or more
3 @COPYRIGHT 2025/2026.
, and a cumulative annual cost of $25K, valuable management tool.
Items a Capital Budget Includes - ANS 1. acquisition and/or development of land
2. acquisition of major equipment and personal property
3. acquisition, construction, improvement and/or renovations of buildings, roads, utilities and
other structures
4. improvements of public works
5. any other matter described in NJSA 40A:2-22 regardless of the financing sources
No local unit may adopt a bond ordinance unless - ANS 1. It has already adopted a capital
budget as part of the annual budget
2. If prior to final adoption of its annual budget, by adoption of a temporary capital budget
which subsequetly shall be included in the annual budget
3. If a need is determined after adoption of the annual budget, by adoption of a capital budget
or amendment to the capital budget.
POPULATION:
Over 10,000/6 YEAR BUDGET
Under 10,000/ 3 YEAR BUDGET
Flexible Chart of Accounts (FCOA) - ANS A coding system which categorizes budget
appropriations
and revenues with a high degree of flexibility.
Every fund must contain an identification of all accounts and such accounts must be classified
according to assets,
liabilities, reserves, and fund balance (surplus).
Each Account is a result of incomes, expenditure, governing body action (i.e. budget adoption,
etc) or other legal action.
4 @COPYRIGHT 2025/2026.
AND ANSWERS 100% PASS
State of NJ has 5 types or levels of local government
considered "creatures of the state" created, altered,
and abolished by only state law. - ANS 1. counties
2. municipalities
3. school districts
4. local authorities
5. special districts
Sources of Basic Law - ANS 1. Session Laws (Pamphlet Laws)
2. Revised Statues of NJ
3. NJ Statutes Annotated
4. NJ Administrative Code
What are Pamphlet Laws? - ANS Bills passed during each legislative session and signed into
law by the governor are assigned a chapter number in numerical order. At end of each year
these chapters are bound together and issued as a separate volume. Generally called "session
laws" and are officially in known in NJ as "Pamphlet Laws" EVERY 2 YEARS CHAPTERS END OF 2
YR PERIOD ARE BOUND
1 @COPYRIGHT 2025/2026.
,What are Revised Statutes of NJ? - ANS Period revisions which bring together all of the
general legislation currently in effect. Numbered so that all effective statutes concerning the
same subject are brought together in the same place Numbering system is based upon a series
of Titles, Chapters, and Sections Grouped into 58 Titles,
Titles are divided into Chapters and Chapters are Divided
into Sections.
What are NJ Statutes Annotated? - ANS Series of commercially available, unofficial volumes
of compiled and annotated laws published by West Publishing among others. Includes all of the
effective general laws of the state, usually using the same basic numbering system as the
Revised Statutes. Also has court cases.
What is NJ Administrative Code? - ANS An official publication of the State of NJ which
contains all of the official rules, regulations and other documents issued by State agencies and
filed in accordance with the Administrative Procedure Act of 1968. It is kept up to date by
periodic supplements, which provide replacement pages
and obsolete pages to be discarded. NJ Register published twice monthly indexes proposed and
adopted rules and regulations.
What is the Division of Local Government Services? - ANS DLGS is the most important state
agency for local government financial and management functions.
State supervision of local government finance under the Division. Regularly issues Local Finance
Notices concerning the work of the agency and the problems of local government, and
requirements of law and regulations.
What is the Local Finance Board? - ANS A component of the DLGS empowered to study the
entire field of local government. Supervises the financial affairs of municipalities which fall
under the Fiscal Supervision Act.
What are the functions of the Local Finance Board? - ANS -Approve the creation of local
authorities
-Review the financing of proposed projects of such authorities
2 @COPYRIGHT 2025/2026.
,-Makes Recommendations in respect to such project financing following a public hearing
-May also issue orders to authorities to correct deficits or to alleviate any financial difficulties,
including increasing rates or charges, or to dissolve an authority
Selected Functions of the DLGS - ANS 1. Technical assistance to local units regarding the LPCL
2. Approval of applications for establishment of petty cash funds and promulgation of rules and
regulations therto
3. Technical advice and assistance to registered municipal accountants and local officials
regarding, auditing, budgeting, accounting, purchasing, and numerous other areas of financial
management
4. Technical assistance to municipalities in planning & implementing consolidation of services
under shared
services laws.
5. Publication of LFNs containing useful information about statutory requirements, Division
rules and regulations, and statistical data.
6. Review & Register cooperative purchasing systems, approve competitive contracting
exceptions and pre-qualifications of bidders.
7. Cooperation with the Center for Government Services
at Rutgers in the development and presentation of training programs for local elected &
appointed officials, especially relating to examination and re certification.
8. Preparation & supervision of written examinations for certifications of municipal tax
collectors, municipal clerks, purchasing agents and finance officers, and public works managers;
determination of applicants' eligibility, and award of certifications to qualifiers.
Capital Improvements - ANS An item which as a useful life of at least 5 years and for which
notes or bonds can be sold.
An ordinance must be adopted to spend funds from the capital improvement fund which plays
an important role in financing the municipality's capital projects.
Capital Programs and Budgets - ANS Capital Program - a multi-year plan and schedule for
capital projects with a prospective life of 5 years or more
3 @COPYRIGHT 2025/2026.
, and a cumulative annual cost of $25K, valuable management tool.
Items a Capital Budget Includes - ANS 1. acquisition and/or development of land
2. acquisition of major equipment and personal property
3. acquisition, construction, improvement and/or renovations of buildings, roads, utilities and
other structures
4. improvements of public works
5. any other matter described in NJSA 40A:2-22 regardless of the financing sources
No local unit may adopt a bond ordinance unless - ANS 1. It has already adopted a capital
budget as part of the annual budget
2. If prior to final adoption of its annual budget, by adoption of a temporary capital budget
which subsequetly shall be included in the annual budget
3. If a need is determined after adoption of the annual budget, by adoption of a capital budget
or amendment to the capital budget.
POPULATION:
Over 10,000/6 YEAR BUDGET
Under 10,000/ 3 YEAR BUDGET
Flexible Chart of Accounts (FCOA) - ANS A coding system which categorizes budget
appropriations
and revenues with a high degree of flexibility.
Every fund must contain an identification of all accounts and such accounts must be classified
according to assets,
liabilities, reserves, and fund balance (surplus).
Each Account is a result of incomes, expenditure, governing body action (i.e. budget adoption,
etc) or other legal action.
4 @COPYRIGHT 2025/2026.
