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CGFM Dumps - CGFM Certified Government Financial Manager Practice Exam Questions

AGA CGFM - Government Financial Manager Practice Exam

  • Certification Provider:AGA
  • Exam Code:CGFM
  • Exam Name:CGFM Certified Government Financial Manager Exam
  • Total Questions:115 Questions and Answers
  • Updated on:Jan 27, 2025
  • Product Format: PDF & Test Engine Software Version
  • Support: 24x7 Customer Support on Live Chat and Email
  • Valid For: Worldwide - In All Countries
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AGA CGFM This Week Result

CGFM Question and Answers

Question # 1

Which of the following acts requires federal agencies to pay interest to state government funds for entitlements that

are not provided in a timely manner?

Options:

A.  

Debt Collection Improvement Act

B.  

CFO Act

C.  

Accountability for Tax Dollars Act

D.  

Cash Management Improvement Act

Discussion 0
Question # 2

An agency uses pavement rating scores as a key indicator for a street maintenance program. If the legislature provided the agency with

an additional $5 millionjthe new resources should be allocated based upon

Options:

A.  

the number of intersections.

B.  

historical budgeted amounts.

C.  

lane miles rated as acceptable by the citizens.

D.  

lane miles with unmet needs.

Discussion 0
Question # 3

Which of the following statements from an audit finding is the condition?

Options:

A.  

We identified multiple credit card purchases without receipts to support them.

B.  

Government policy requires a cardholder to submit receipts for all purchases.

C.  

Finance Department personnel did not regularly review purchases to ensure compliance.

D.  

We recommend that the government implements a timely review of all credit card purchases.

Discussion 0

PDF vs Software Version

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With the complete collection of CGFM practice test, Exams4sure has assembled to take you through Government Financial Manager test questions for your AGA exam preparation. In this CGFM exam dumps study guide we have compiled real CGFM Certified Government Financial Manager exam questions with their answers so that you can prepare and pass Government Financial Manager exam in your first attempt.

Why Prepare from Government Financial Manager CGFM Exam Dumps?

Familiarity with Exam Format:
One of the main reasons candidates might look towards CGFM dumps is to familiarize themselves with the AGA exam format. Government Financial Manager practice exam can give a glimpse into the types of questions asked and how they are structured.

Identifying Key Topics:
CGFM Certified Government Financial Manager exam questions can highlight recurring themes and topics that are frequently tested, helping AGA candidates to focus their studies on areas of high importance.

Time Constraints:
Candidates under tight schedules may feel pressured to use CGFM Certified Government Financial Manager exam dumps as a way to quickly cover a lot of material. This is often seen in situations where Government Financial Manager certification is needed for job retention or promotion.

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Seeing and answering CGFM exam-like questions can boost a candidate's confidence, making them feel more prepared for the actual AGA exam.

CGFM FAQs

The Certified Government Financial Manager (CGFM) is a professional credential offered by AGA that validates expertise in government financial management, including accounting, auditing, budgeting, and internal controls.

This certification is ideal for accountants, auditors, budget analysts, financial managers, and professionals working in federal, state, and local government agencies or organizations that deal with public financial management.

The CGFM exam consists of three separate parts:

  •     Exam 1: Governmental Environment
  •     Exam 2: Governmental Accounting, Financial Reporting & Budgeting
  •     Exam 3: Governmental Financial Management & Control

Becoming CGFM certified enhances your credibility, career opportunities, and earning potential in the public financial management sector. It also sets you apart as a knowledgeable and ethical financial professional.

Each of the three exams is a multiple-choice, computer-based test with 115 questions, administered at Pearson VUE testing centers.

You get 2 hours and 15 minutes to complete each part of the CGFM exam.

The scaled passing score is 500 on a scale of 200-700.

You can schedule the exam through Pearson VUE’s online portal after registering with AGA.

The exam is available at Pearson VUE test centers worldwide and also via online proctoring.

Yes, you can reschedule or cancel your exam at least 48 hours before the scheduled time.

You must bring a valid government-issued ID. Personal items like mobile phones and notes are not allowed.

  •     Government structure and legal foundations
  •     Public accountability and ethics
  •     Financial management systems
  •     Governmental accounting concepts
  •     Financial reporting and budgeting principles
  •     Fund accounting and audits
  • Internal controls and risk management
  •     Financial fraud prevention
  •     Financial and performance reporting

The CPA certification is broader and includes private-sector financial management, while CGFM focuses on government financial management.

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