CMFO Certified Municipal Finance Officer Study guides, Class notes & Summaries

CMFO - Finance Admin Exam Study Guide |Questions with 100% Correct Answers | Verified The debt limit of a municipality may not exceed what percentage of the prior three years equalized assessed real property valuations - answer3.5% The corrective action plan must describe how the local unit will correct the problems cited in the audit and be filed with DLGS by the - answerCFO Prior to any purchase of goods certification of available funds must be made by the - answerCFO Authorities and ...

NJ CMFO Statutes Exam Review |Questions with 100% Correct Answers | Verified Every audit required by the Local Fiscal Affairs 40A:5-9 is required be completed by an accountant or auditor who holds an uncanceled license as: - answerRegistered Municipal Accountant Local Budget Law, N.J.S.A. 40A: 4-3.1 (b) requires any municipality deciding to convert to a State Fiscal Year from Calendar Fiscal Year must apply to - answerLocal Finance Board Local Budget Law 40A:4-3.2 Adoption of State fiscal...

CMFO - Local Budget Law | Questions with 100% Correct Answers | Verified A Governing Body may increase it's appropriations cap to ________ by passing a _______________________________ - answerc. 3.5% by passing a cost of living adjustment ordinance The flexible chart of accounts is a coding system which categorizes: a. Debt service payments b. Capital Projects c. Budget appropriations and revenues d. Utility Rates - answerc. Budget appropriations and revenues The reserve for uncollect...

CMFO - Finance Admin (T/F) |Questions with 100% Correct Answers Local units may not utilize or similar sites for the purposes of selling surplus property online,except if an item's value is below 15% of the local unit's bid threshold - answerTrue School debt is reported on the municipality's annual debt statement - answerTrue School districts are governed by NJSA 40A et seq - answerFalse The governing body of a municipality may change the type of school district by ordinance - answer...

CMFO - Finance Admin Exam Study Guide |Questions with 100% Correct Answers | Verified The debt limit of a municipality may not exceed what percentage of the prior three years equalized assessed real property valuations - answer3.5% The corrective action plan must describe how the local unit will correct the problems cited in the audit and be filed with DLGS by the - answerCFO Prior to any purchase of goods certification of available funds must be made by the - answerCFO Authorities and ...

CMFO EXAM 2023/2024 THEORY & STATUTES

CMFO EXAM 2023/2024

CMFO EXAM CURRENT FUND 2023/2024

CMFO EXAM 2023/2024

CMFO Exam