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Test CGFM Pass4sure | CGFM VCE Dumps
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AGA CGFM (Certified Government Financial Manager) Certification Exam is a prestigious certification that recognizes individuals who excel in the field of government financial management. Certified Government Financial Manager (CGFM) certification is awarded by the Association of Government Accountants (AGA) and is highly regarded within the government financial management community.
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AGA Certified Government Financial Manager (CGFM) Sample Questions (Q108-Q113):
NEW QUESTION # 108
FASAB has established_______ accounting Standards.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 109
The IFB should:
- A. include only related items
- B. Specify the delivery conditions and stipulate that bids will be opened publicly
- C. be issued only to vendors with a history of acceptable bid performance
- D. All of these
Answer: D
NEW QUESTION # 110
This exhibit shows that management should give thoughts to its coding system. A coding system structure with too many accounts is redundant but a too-abbreviated system does not sufficiently permit cost performance evaluation. Minimally organizations should budget by:
- A. Object of experiment
- B. Funds
- C. Funds, Department and Object expenditure
- D. department
Answer: C
NEW QUESTION # 111
At the federal level, financial auditing is conducted by two organization conducts an annual financial audit
- A. Financial auditor
- B. Dealer
- C. Auditing auditor
- D. Inspectors general
Answer: D
NEW QUESTION # 112
The intended purpose of The Single Audit Act is to:
- A. perform audits under FASAB standards.
- B. improve financial management of state financial programs.
- C. promote cooperation between auditors.
- D. help states schedule federal audits on a grant-by-grant basis.
Answer: C
NEW QUESTION # 113
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