FREE CGFM Trivia Questions and Answers

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Discretionary grants are distinguished by:

Correct! Wrong!

The AGA Code of Ethics states that the following would be unethical for a government agency contract manager to do:

Correct! Wrong!

According to the AGA (Association of Government Accountants) Code of Ethics, a government agency contract manager using a vendor as a personal reference would indeed constitute a conflict of interest.

A conflict of interest occurs when an individual's personal interests or relationships could potentially influence their professional judgment or decision-making. In this case, the contract manager using a vendor as a personal reference suggests a close personal relationship or connection between the two parties. By using the vendor as a reference, the contract manager may give the impression of favoritism or bias towards that vendor when making decisions related to contracting or procurement.

One approach to measuring state agency accountability is as follows:

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An official projection of the financial resources a government or government entity intends to spend during a specific time period is a:

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Federal and state governments can have an impact on local governments in a number of ways, including:

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Managerial accounting aids officials in determining how cost-effective operations are by

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The following should be in a government agency's mission statement:

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A government agency's mission statement should include its major functions and goals. A mission statement is a concise statement that articulates the purpose and core objectives of an organization. In the case of a government agency, the mission statement should clearly communicate its major functions and the overarching goals it aims to achieve.

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