AGA CGFM Übungsprüfungen
Zuletzt aktualisiert am 26.04.2025- Prüfungscode: CGFM
- Prüfungsname: CGFM Certified Government Financial Manager
- Zertifizierungsanbieter: AGA
- Zuletzt aktualisiert am: 26.04.2025
Using Benford Digital Analysis, an auditor can identify potential fraud when
- A . a higher-than-expected number of payment amounts to one vendor start with the number three.
- B . a large number of contracts are awarded to one vendor.
- C . a large contract is awarded to the director’s close relative.
- D . an employee receives kickbacks from real estate developers.
Which of the following includes the aggregate level and types of risks that the organization is willing to assume in
order to achieve its Strategic objectives?
- A . risk register
- B . risk and control evaluation matrix
- C . risk profile
- D . risk and control assessment tool
The first step in investment management is to
- A . ensure all employees understand their investment options.
- B . develop a consensus among managers of the investment objectives.
- C . develop an investment policy manual.
- D . establish criteria for divesting.
An agency uses pavement rating scores as a key indicator for a street maintenance program. If the legislature provided the agency with an additional $5 millionjthe new resources should be allocated based upon
- A . the number of intersections.
- B . historical budgeted amounts.
- C . lane miles rated as acceptable by the citizens.
- D . lane miles with unmet needs.
Efficient inventory management will result in
- A . a low inventory turnover ratio.
- B . high write-offs of obsolete inventory.
- C . fewer instances of work stoppage.
- D . high total asset turnover.
Management’s ability to monitor for financial control weakness is most compromised if
- A . theft has occurred.
- B . financial data is inaccurate.
- C . performance data is inaccurate.
- D . collusion is present.
Performance measures that relate program inputs to program outcomes are called
- A . efficiency measures.
- B . process measures.
- C . cost-effectiveness measures.
- D . activity measures.
A key element in coputer-assisted audit techniques is
- A . writing the system audit program.
- B . verifying internal controls.
- C . obtaining appropriate data.
- D . purchasing data mining software.
A key element in coputer-assisted audit techniques is
- A . writing the system audit program.
- B . verifying internal controls.
- C . obtaining appropriate data.
- D . purchasing data mining software.
The first step when gathering data for making strategic sourcing decisions is
- A . contacting vendors to submit bids under the request for bid process.
- B . researching spend data by category for each business unit.
- C . contacting business units to find out if there are existing purchasing contracts in place.
- D . developing supplier performance measures to add into the purchase agreements.