The following statement must be included on the top of every quiz submitted for this class. FAILURE TO INCLUDE WILL RESULT IN A ZERO-GRADE PAPER.
I CERTIFY THAT THE WORK SUBMITTED IS MY OWN. I DID NOT SHARE MY WORK WITH OR ASK OTHER STUDENTS FOR THEIR HELP OR SUPPORT. NO ONE OUTSIDE THE CLASS WROTE THE ESSAY ANSWERS PRESENTED BELOW.
These are essay questions. There is no specified essay length, but there should be sufficient writing to demonstrate an understanding of the topic. This is an open internet quiz. If you use something, provide a reference.
1. DESCRIBE THE FEDERAL BUDGET PROCESS IN THE EXECUTIVE BRANCH THROUGH A SIGNED BUDGET.
2. READ THE MOST RECENT CFO ACT LEGISLATION. WHAT ARE THE RESPONSIBILITIES? WHICH ROLE IS HARDER: FEDERAL CFO OR PRIVATE SECTOR CFO?
3. YOU HAVE BEEN ASKED TO IMPROVE THE FEDERAL BUDGET PROCESS, WHAT WOULD YOU RECOMMEND?
4. WHAT SO FAR IS YOUR GREATEST SURPRISE ON THE DIFFERENCES BETWEEN PRIVATE SECTOR ACCOUNTING AND FEDERAL SECTOR ACCOUNTING? YOU MAY FOCUS ON ONE ELEMENT OR DISCUSS A GROUP. YOU CANNOT JUST LIST—YOU MUST EXPLAIN.
