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Free CPFO Exam Braindumps (page: 18)

Page 18 of 51
PDF with 203 Questions

"Every employee should have a personnel file that includes authorization for hiring, salary history hours authorized to work, federal and state withholding forms, hospital and retirement information and support for any other payout deductions." There are the procedures of:

  1. Cash Disbursements in payroll department
  2. Separation of duties in a small of government
  3. Federal government payroll system
  4. Both A and B

Answer(s): D



Similar accounting controls should be established over accounting for investment inventory management, cash disbursements, cash management and billing and receipt of taxes and utilities. Other effective internal control measures include which of the following?

  1. Cancel voided forms
  2. Trusting employees too much
  3. Account for used or missing forms daily
  4. All of there

Answer(s): D



The most politically sensitive budgetary decisions for government board members center
on:

  1. Whether to adopt a strategic plan
  2. How much to hold in reserve for emergencies
  3. Tax and user free rates
  4. All of there

Answer(s): C



A city buys a T-bill with a face value of $10,000 for $9,800. The bill matures in 91 days.
What is the yield?

  1. 8.007%
  2. 8.07%
  3. 8.70%
  4. 87.07%

Answer(s): B



Page 18 of 51



Post your Comments and Discuss Financial CPFO exam with other Community members:

Manasa commented on December 18, 2024
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Anonymous
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Anonymous
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