CMFO Certified Municipal Finance Officer Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about CMFO Certified Municipal Finance Officer? On this page you'll find 126 study documents about CMFO Certified Municipal Finance Officer.
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CMFO Exam - Practice Questions with Answers
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Every Audit Required by the Local Fiscal Affairs Law is required to be completed by: - 
An RMA (Registered Municipal Accountant) 
The statutory responsibility for filing the AFS is assigned to: - CFO 
A local government officer that serves on the agency that approves development applications 
refers to a member of which board? - Planning Board 
Cash management plan must be approved annual by the: - Governing Body 
The local bond law stipulates that the maturities of all bonds shall be as determi...
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CMFO PACKAGE DEAL
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CMFO PACKAGE DEAL|SUCCESS GUARANTEED|2024
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CMFO Practice Exam with Questions with Complete Solutions
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Every Audit Required by the Local Fiscal Affairs Law is required to be completed by: - An RMA 
(Registered Municipal Accountant) 
The statutory responsibility for filing the AFS is assigned to: - CFO 
A local government officer that serves on the agency that approves development applications refers to a 
member of which board? - Planning Board 
Cash management plan must be approved annual by the: - Governing Body
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CMFO Exam - Current Fund with Questions with Complete Solutions
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Name the two types of local units of government in NJ - 1. Municipalities 
2. Counties 
A municipality & county are essentially: - - corporations created by the State's Constitution and 
statutes 
A municipal corporation is designed to: - - aid the municipality in carrying out specific activities 
A municipal corporation has the following powers: (5) - 1. to sue & be sued, to defend & be 
defended in all courts of law 
2. to adopt a common seal 
3. to acquire property 
4. to acquire, lease, and...
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CMFO Review Exam with Questions with Complete Solutions
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Every audit required by the Local Fiscal Affairs Law is required to be completed by an accountant or 
auditor who holds an uncanceled license as: - registered municipal accountant 
The statutory responsibility for the filing of the Unaudited Annual Financial Statements is assigned to 
which local government official - cfo 
A local government officer that serves on a local government agency that approved development 
applications would refer to a member of which board - planning board 
The "Loca...
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CMFO Exam Question Bank with Questions with Complete Solutions
- Exam (elaborations) • 28 pages • 2024
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True - T/F: Due from State of New Jersey for Senior citizen Deductions can be anticipated as a 
revenue in the current fund budget as non-cash surplus 
retirement of serial bonds - Trust Assessment Fund cash is first pledged to: 
quarterly basis - Municipal Library Levy is paid on a 
True - T/F: budget transfers from Capital Improvement Fund are not permitted 
Corrective Action Plan - Finding/Condition; Recommendation; explanation & corrective action; 
implementation date
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CMFO STATUTES Exam with Questions with Complete Solutions
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Every audit required by the Local Fiscal Affairs NJSA 40A5-9 is required to completed by an accountant 
or auditor who holds and uncanceled license as? - Registered Municipal Accountant 
The statutory responsibility for the filing of the "Unaudited Annual Financial Statements is assigned to 
which local government official by NJSA 40A:5-12? - Chief Financial Officer 
As defined in the "Local Government Ethics Law" specially, NJSA 40A:9-22.3, a "Local Government 
Officer" that serves on a lo...
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CMFO Exam - Current Fund 176 Final Questions With Correct Answers| download to pass|2024
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Name the two types of local units of government in NJ - ️️1. Municipalities 
2. Counties 
 
A municipality & county are essentially: - ️️- corporations created by the State's Constitution and statutes 
 
A municipal corporation is designed to: - ️️- aid the municipality in carrying out specific activities 
 
A municipal corporation has the following powers: (5) - ️️1. to sue & be sued, to defend & be defended in all courts of law 
2. to adopt a common seal 
3. to acquire propert...
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CMFO 197 Questions with 100% Correct Answers | Verified | Updated 2024
- Exam (elaborations) • 18 pages • 2024
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Accounts Receivable - A/R - ️️Amounts owed to you by other parties, such as taxpayers, other agencies & financial institutions and shown on its balance sheet as an asset 
 
Chart of Accounts - ️️The standard system of account titles kept for accounting records 
- Flexible Chart of Accounts (FCOA) 
-Use to organize and segregate expenditures, revenues, assets, and liabilities 
 
Accounting Equation - ️️Asset = Liabilities (reserve) + Fund Balance (surplus) 
 Dr = Cr + Cr 
- Balance Sh...
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CMFO 197 Review Exam Questions with 100% Correct Answers | Verified | Updated 2024
- Exam (elaborations) • 24 pages • 2024
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Every audit required by the Local Fiscal Affairs Law is required to be completed by an accountant or auditor who holds an uncanceled license as: - ️️registered municipal accountant 
 
The statutory responsibility for the filing of the Unaudited Annual Financial Statements is assigned to which local government official - ️️cfo 
 
A local government officer that serves on a local government agency that approved development applications would refer to a member of which board - ️️plannin...