Cmfo exam current fund - Study guides, Class notes & Summaries

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CMFO HOMMA THEORY Exam Answered 100% Correct
  • CMFO HOMMA THEORY Exam Answered 100% Correct

  • Exam (elaborations) • 16 pages • 2023
  • True or False: Due from State of NJ for Sr. Citizen deduction can be anticipated as a revenue in the current fund budget as non-cash surplus. - ANSWER-True--Need approval from DLGS for non-cash surplus. Trust Assessment fund cash is first pledged to: - ANSWER-1. Retirement of serial bonds 2. general capital 3. general taxpayers Municipal Library is paid on a __________________ Basis - ANSWER-Quarterly Basis True or False: Budget transfer from the Capital Improvement Fund are not permitt...
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