Free AGA CGFM Exam Dumps and CGFM Exam Questions

Question No: 11

MultipleChoice

''Every employee should have a personnel file that includes authorization for hiring, salary history hours authorized to work, federal and state withholding forms, hospital and retirement information and support for any other payout deductions.'' There are the procedures of:

Options

ACash Disbursements in payroll department

BSeparation of duties in a small of government

CFederal government payroll system

DBoth A and B

Question No: 12

MultipleChoice

An all too familiar axiom is ''either spend it or lose it.'' When an agency under-spends its budget, the governing board is inclined to:

Options

ACheck the reserves for the next time

BCut the next year's budget accordingly

CControl the income and expenditure level

DCall the general public to play their proper role

Question No: 13

MultipleChoice

''Don't risk a lot for a little.'' This principle should be followed during:

Options

ACharging losses

BUsing insurance deductibles

CSmall and infrequent losses

DAssumption of risk

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