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AGA CGFM Exam With Confidence Using Practice Dumps

Exam Code:
CGFM
Exam Name:
CGFM Certified Government Financial Manager
Vendor:
Questions:
115
Last Updated:
Jun 17, 2025
Exam Status:
Stable
AGA CGFM

CGFM: Government Financial Manager Exam 2025 Study Guide Pdf and Test Engine

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CGFM Certified Government Financial Manager Questions and Answers

Question 1

Which action represents an internal control deficiency in an agency responsible for building and maintaining dams?

Options:

A.

The agency inspects the completed work to assure compliance with the contract specifications.

B.

The agency releases the contractor's bond only after assuring that all work is performed satisfactorily.

C.

The agency responds to the maintenance needs only as complaints are received or as employees

report problems.

D.

The agency checks the references of bidders.

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Question 2

A governmental attestation engagement may include a requirement to

Options:

A.

monitor a subgrantee for compliance to the grant restrictions.

B.

establish a policy concerning fraud prevention.

C.

monitor purchasing card charges for compliance with travel policies.

D.

review the revenue coverage requirements on outstanding bonds.

Question 3

If a CGFM wants to utilize data on population growth, housing and employment to estimate sales tax revenue, the CGFM should use

Options:

A.

a regression analysis.

B.

a cash flow analysis.

C.

a payback analysis.

D.

flow charting.