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Test CGFM Registration - CGFM Latest Braindumps Book

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AGA CGFM Latest Braindumps Book, Reliable CGFM Exam Voucher

Both practice exams (web-based & desktop) give a AGA CGFM real exam feeling and identify your mistakes so you can overcome your weaknesses before the CGFM final test. The desktop AGA CGFM Practice Test software works on Windows after software installation. You can take the web-based Certified Government Financial Manager (CGFM) CGFM practice exam via any operating system.

AGA Certified Government Financial Manager (CGFM) Sample Questions (Q26-Q31):

NEW QUESTION # 26
In the collection of cash receipts, for a fee, organizations can engage a bank to provide a lock-box service. Lockboxes may be:

A. Temporary
B. Retail
C. Only A & B
D. Wholesale

Answer: C

NEW QUESTION # 27
Assume that the bank's monthly costs are $12,520, the 30-day Treasury bill rate is 10.4%, and the bank is subject to a 15% reserve requirement. What is the MCB?

A. $142,629
B. $144,629
C. $141,629
D. $140,629

Answer: C

NEW QUESTION # 28
A well-managed risk management program has following preconditions EXCEPT:

A. A centralized operation with trained personnel
B. A formal statement of policies
C. A good recordkeeping system
D. None of theselEl

Answer: D

NEW QUESTION # 29
Internal controls are the primary responsibility of:

A. external auditors.
B. management.
C. the financial systems.
D. internal auditors.

Answer: B

NEW QUESTION # 30
According to the AGA Code of Ethics, a government agency contract manager using a vendor as a personal reference would constitute:

A. professional incompetence.
B. nepotism.
C. a conflict of interest.
D. fraud.

Answer: C

NEW QUESTION # 31
......

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