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
Question #41
All of the following ae among the stated purposes of GPRA EXCEPT to
- A . help managers improve service delivery.
- B . improve internal management practices.
- C . provide instructions on program reporting.
- D . improve program effectiveness.
Question #42
Management shoulg consider the cost of internal controls in relationship to
- A . the available budget.
- B . inherent risks.
- C . benefits provided.
- D . risk of collusion.
Question #43
In relation to financial reporting, who evaluates internal controls to support an opinion on a fair presentation of the financial statements?
- A . management
- B . the independent auditor
- C . the program office
- D . the audit committee
Question #44
As a way to ensure fiduciary responsiblity, a government entity should include which of the following in its investment policy?
- A . prices and performance of its investment securities
- B . permissible and non-permissible investment securities
- C . historical allocations of investment securities
- D . key and non-key investment security controls
Question #45
Performance measurement assists management in
- A . identifying weaknesses in disaster response preparedness.
- B . tracking actual results against targets.
- C . determining allocation of capital appropriations.
- D . monitoring performance of certified professionals in regulatory fields.
Question #46
Auditors may limit their public reporting in attestation engagements when the
- A . auditors detect material fraud.
- B . audit report would compromise ongoing legal proceedings.
- C . auditor detects non-compliance with provisions of law.
- D . entity management fails to satisfy legal requirements.