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One of the Purposes of the Federal Financial Management Improvement

Question 34

Multiple Choice
One of the purposes of the Federal Financial Management Improvement Act of 1996 was to:

One of the purposes of the Federal Financial Management Improvement Act of 1996 was to:


A) Establish a requirement that the financial statements of the federal government as a whole be audited.
B) Improve the effectiveness of programs receiving federal funds.
C) Establish generally accepted federal accounting principles.
D) Rebuild the credibility and restore public confidence in the federal government.

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