What online resource was established by the FFATA for public viewing of government financial data?

Prepare for CGFM Exam 1 – Governmental Environment. Utilize flashcards and multiple-choice questions with explanations and hints. Ace your exam!

The correct answer is related to the Federal Funding Accountability and Transparency Act (FFATA), which mandates increased transparency regarding government financial data. USASpending.gov was specifically created as an online platform to provide the public with easy access to government spending information. This resource allows citizens, researchers, and stakeholders to view comprehensive data on government expenditures, including contracts, grants, loans, and other types of payments.

The establishment of USASpending.gov is significant in promoting accountability and transparency in government operations, thereby making it easier for the public to track how taxpayer dollars are spent. This aligns with the goals of FFATA to enhance transparency in federal spending.

The other options, while they may reference various government-related data platforms, are not established specifically for the purpose of public transparency regarding government financial data as outlined by FFATA. Thus, USASpending.gov stands out as the dedicated resource for this purpose.

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