CGFM Test 3 2025 Questions and Answers
CGFM Test 3 2025 Questions and Answers
Course:
CGFM
Institution:
CGFM
CGFM Test 3 2025 Questions and Answers
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Uploaded on: | September 14, 2025 |
Last updated: | September 14, 2025 |
Number of pages: | 21 |
Written in: | 2025/2026 |
Type: | Exam (elaborations) |
Contains: | Questions & Answers |
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CGFM Test 3 2025 Questions and Answers 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 those that meet the termination criteria Accountability - --Answer --A process involving the rendering of an account by public officials to the citizenry and other stakeholders, regarding such matters as compliance to the laws, financial probity, efficient performance, and effective service delivery. For it to function there need to be benchmarks against which performance can be measured ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1