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AGA Certified Government Financial Manager Exam

Certification Provider: AGA
Exam Name: Certified Government Financial Manager
Duration: 135 Minutes
Number of questions in our database: 203
Exam Version: Feb. 24, 2024
Exam Official Topics:
  • Topic 1: Governmental Financial Accounting
  • Topic 2: Reporting and Budgeting: General Knowledge
  • Topic 3: Demonstrate an Understanding of State and Local Financial Accounting and Reporting
  • Topic 4: Demonstrate an Understanding of Federal Financial Accounting and Reporting.

Free AGA Certified Government Financial Manager Exam Actual Questions

The questions for Certified Government Financial Manager were last updated On Feb. 24, 2024

Question #1

The government finance association recommends public sale, but under which of the following condition:

1. The issue has on uninsured credit rating of A or above

2. The issue is not so large that it cannot be absorbed by the market.

3. The issue is not so small as to attract too few investors

4. Interest rates are stable and market demand is strong

5. The market view the issue as warily complex or innovation.

6. The issue is backed by full faith and credit or by a strong revenue system.

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Correct Answer: D

Question #2

The feasibility study assures investors and rating agencies necessary and fiscally sound. Consulting engineers are compensated in following ways:

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Correct Answer: D

Question #3

Which of the following opinions is not expressed by auditors as to whether financial statements are expressed fairly in all material respects with respect to generally accepted accounting principles?

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Correct Answer: D

Question #4

Which of the following danger sign/s help to detect Auditors' fraud?

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Correct Answer: D

Question #5

At the federal level, financial auditing is conducted by two organization ______________ conducts an annual financial audit

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Correct Answer: A


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