AGA Exam CGFM Topic 4 Question 28 Discussion

Actual exam question for AGA's CGFM exam

Question #: 28
Topic #: 4

[All CGFM Questions]

Pay.gov is an example of

Aa zero-balance account.

Ba concentration system.

Can electronic lockbox.

Da data warehouse system.

US. Treasury Pay.gov Website: Describes Pay.gov as an electronic lockbox for federal payment processing.
GAO Financial Management Systems Guide: Highlights the role of electronic lockboxes like Pay.gov in improving efficiency.

Show Suggested Answer

Suggested Answer: D

by Filiberto at Apr 20, 2023, 08:39 AM

Limited Time Offer

25%

Off

Get Premium CGFM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Leonora

1 days ago

I agree with you, Yun. It's a concentration system too.

upvoted 0 times

...

Yun

16 days ago

I think Pay.gov is an electronic lockbox.

upvoted 0 times

...