The Federal Managers' Financial Integrity Act addresses which objective?

The Federal Managers' Financial Integrity Act addresses which objective?

• A. Preventing waste and ensuring accountability of assets.
• B. Increasing federal hiring quotas.
• C. Expanding retirement benefits.
• D. Defining agency budgets.

Answer: (A)

FMFIA is about strengthening financial management through solid internal controls and regular assessments of their effectiveness. Its goal is to prevent waste, abuse, and mismanagement and to ensure resources and assets are safeguarded and financial information is reliable. That focus on guarding assets and holding programs accountable for their financial integrity makes this the correct objective. It doesn’t cover hiring quotas, expanding retirement benefits, or how budgets are defined.

FMFIA is about strengthening financial management through solid internal controls and regular assessments of their effectiveness. Its goal is to prevent waste, abuse, and mismanagement and to ensure resources and assets are safeguarded and financial information is reliable. That focus on guarding assets and holding programs accountable for their financial integrity makes this the correct objective. It doesn’t cover hiring quotas, expanding retirement benefits, or how budgets are defined.