NEW CGFM TEST FORMAT & CGFM EXAM MATERIAL

New CGFM Test Format & CGFM Exam Material

New CGFM Test Format & CGFM Exam Material

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Tags: New CGFM Test Format, CGFM Exam Material, Relevant CGFM Answers, CGFM Actual Braindumps, CGFM Valid Test Guide

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>> New CGFM Test Format <<

How TestkingPass will Help You in Passing the AGA CGFM Certification Exam?

Based on our years of experience, taking the AGA CGFM exam without proper preparation is such a suicidal move. The Certified Government Financial Manager (CGFM) is not easy to achieve because you first need to pass the Certified Government Financial Manager (CGFM) CGFM exam. The only way to be successful with your Certified Government Financial Manager (CGFM) exam is by preparing it well with AGA CGFM Dumps. This Certified Government Financial Manager (CGFM) CGFM exam is not even easy to go through. Most people failed it due to a lack of preparation.

AGA CGFM Exam consists of three modules that cover financial management, fiscal accountability, and ethics. The first module covers government accounting, financial reporting, and budgeting. The second module focuses on fiscal management, including financial analysis, performance measurement, and internal controls. The third module covers ethics, including professional conduct, accountability, and transparency.

AGA Certified Government Financial Manager (CGFM) Sample Questions (Q48-Q53):

NEW QUESTION # 48
Managerial accounting helps officials measure the cost-effectiveness of operations by:

  • A. forecasting future revenue needs.
  • B. combining financial and non-financial data.
  • C. demonstrating compliance with applicable laws and regulations.
  • D. controlling expenses under budgetary law.

Answer: A


NEW QUESTION # 49
The value, in current dollars, of a sum of money to be received in the future describes

  • A. future value.
  • B. present value.
  • C. annuity value.
  • D. payback value.

Answer: B


NEW QUESTION # 50
Business process re-engineering typically addresses all of the following EXCEPT the

  • A. organizational mission.
  • B. human environment.
  • C. key processes.
  • D. technical environment.

Answer: A

Explanation:
* Business Process Re-Engineering (BPR):
* BPR focuses onredesigning key processesto achieve dramatic improvements in efficiency, effectiveness, and performance.
* It typically involves addressing technical systems, human factors, and process workflows, but it does not involve redefining the organization's mission, which is a strategic activity outside the scope of BPR.
* Explanation of Answer Choices:
* A. Key processes: Incorrect. Key processes are the primary focus of BPR.
* B. Human environment: Incorrect. BPR often addresses human factors, such as roles and responsibilities.
* C. Organizational mission: Correct. The mission is a strategic element and not typically redefined as part of process re-engineering.
* D. Technical environment: Incorrect. BPR often involves rethinking technical systems and workflows.
References:
* Hammer & Champy,Reengineering the Corporation: A Manifesto for Business Revolution.
* GAO,Business Process Re-Engineering for Government Efficiency.


NEW QUESTION # 51
In addition to interim financial reports, governments may report on interim basis:

  • A. The status of construction projects and cash flows
  • B. The capital investment by foreign counties
  • C. All of there
  • D. The growth status of GDP

Answer: A


NEW QUESTION # 52
General obligation (Go) bonds are typically repaid over 20 years and are usually sold:

  • A. Publicly to the highest bidder
  • B. Privately to the highest bidder
  • C. Publicly to the lowest bidder
  • D. Privately to the lowest bidder

Answer: C


NEW QUESTION # 53
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