Printable PDFTest Prep CGFM dumps - 100% Pass Guarantee!
Vendor: Test Prep
Certifications: Test Prep Certifications
Exam Name: Certified Government Financial Manager
Exam Code: CGFM
Total Questions: 203 Q&As ( View Details)
Last Updated: Mar 18, 2025
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CGFM Q&A's Detail
| Exam Code: | CGFM |
| Total Questions: | 203 |
| Single & Multiple Choice | 203 |
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CGFM Online Practice Questions and Answers
Which of the following best suites this Question mark?
A. Statement of Expenditures
B. Interim statement
C. Statement of cash flows
D. None of these
Assume an inventory has an average monthly amount on hand of $200,000 and annual usage of $800,000. The amount of inventory turns is:
A. 5 turns
B. 4 turns
C. 3 turns
D. 8 turns
Vendors sometimes attempt to unduly influence governing board members, the CEO, and agency personnel to buy their goods or services. To avoid such situations, the governing board of a government should adopt an ethics policy. The NIGP recommends a policy that governments and non-profits might want to:
A. Change the Control basics
B. Adopt or adapt
C. handover the control to a third party (Consultants)
D. None of these
_____________ on the bonds is not a specific preference item for purposes of the federal individual or corporate alternative minimum taxes.
A. Premium
B. Discount
C. Interest
D. None of these
Small local governments in states not requiring a financial audit may choose:
A. A compilation
B. Review or Member's audit
C. Agreed-upon procedures
D. Any of these
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