Cgfm test 1 Study guides, Class notes & Summaries

CGFM Test 1

CGFM Test 1

CGFM Test 1 Questions and Solutions

CGFM Test 1 Exam Solved 100% Correct

Federal - Answer refers to national government Federalism - Answer means that power is distributed among different levels of government Sovereignty - Answer government cannot be sued by states or by citizens without its permission Popular Sovereignty - Answer citizens hold the ultimate authority through the ballot and even a sovereign government is accountable to citizens Three levels of government - Answer Federal, State, Local - each may not enact laws that violate the constitution...

CGFM Test 1 100% Correct Solved Accountability - Correct Answer️️ -Principle that, in a democracy, government operates by the consent of the people. Therefore, it is responsible to, and must answer to, the people for its actions and results, including the taking and using of the people's resources Allotment - Correct Answer️️ -In the federal government, an agency's distribution of apportioned budgetary authority to various components within the agency. After the executive agency...

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 1 Terms Questions with correct Answers

CGFM Test 1 Terms