AGA CGFM Exam - Topic 4 Question 73 Discussion

Actual exam question for AGA's CGFM exam

Question #: 73
Topic #: 4

[All CGFM Questions]

GPRA requires agencies to prepare and submit a strategic plan, an annual performance plan and

Aa five-year performance plan.

Ban annual performance report.

Ca SEA report.

Dthe prior year's audited financial report.

Show Suggested Answer

Suggested Answer: B

* What Does GPRA Require?

The Government Performance and Results Act (GPRA) mandates that federal agencies prepare:

A strategic plan outlining long-term goals.

An annual performance plan detailing the objectives and performance measures for the upcoming year.

An annual performance report evaluating the agency's success in meeting the goals outlined in the annual performance plan.

* Why Is the Annual Performance Report Important?

The annual performance report provides accountability and transparency by comparing actual results to planned goals. It allows Congress and the public to assess how effectively the agency is achieving its mission.

* Why Other Options Are Incorrect:

A . A five-year performance plan: GPRA requires a strategic plan (updated every four years), not a separate five-year performance plan.

C . SEA Report: This refers to Service Efforts and Accomplishments reporting, which is not mandated by GPRA.

D . The prior year's audited financial report: While financial reports are important, they are separate from the performance reporting requirements of GPRA.

* Reference and Documents:

Government Performance and Results Act (1993): Requires agencies to submit strategic plans, annual performance plans, and annual performance reports.

GAO Reports on GPRA Compliance: Emphasizes the role of annual performance reports in promoting accountability.

by Brynn at Jul 12, 2025, 04:44 PM

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Tawna

2 months ago

Interesting! I didn't know GPRA had so many requirements.

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Mitsue

2 months ago

I think the annual performance report is more relevant.

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Marva

2 months ago

Wait, a five-year performance plan? That seems excessive.

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Jonelle

3 months ago

GPRA requires a strategic plan and annual performance plan.

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Youlanda

3 months ago

Totally agree, it's all about accountability!

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Xuan

3 months ago

I’m pretty certain that agencies need to submit an annual performance report, but I’m confused about the five-year aspect.

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Felix

3 months ago

I feel like I’ve seen something about SEA reports in a different context, but I can’t recall how it relates to GPRA.

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Carissa

4 months ago

I remember practicing a question about annual performance reports, so I’m leaning towards option B.

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Jonelle

4 months ago

I think GPRA is about performance planning, but I’m not sure if it specifically mentions a five-year plan or something else.

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Lavera

4 months ago

I feel like I should know this, but I'm drawing a blank. Maybe I can eliminate a couple of the options that seem clearly wrong, and then take an educated guess on the rest.

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Quinn

4 months ago

Okay, let me see here. GPRA requires agencies to submit certain plans and reports, and I think the answer has to do with that. I'll eliminate the choices that don't sound right.

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Leonard

4 months ago

Ah, I remember this from our discussion on government performance management. I'm pretty confident I know the right answer, but I'll double-check the choices just to be sure.

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Eulah

5 months ago

Hmm, I'm a little unsure about this one. GPRA is something we covered in class, but I can't quite remember all the details. I'll have to think it through step-by-step.

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Jamie

5 months ago

This seems like a straightforward question about GPRA requirements. I'll carefully read through the answer choices and think about what I know about GPRA to select the best option.

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