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CGFM Practice Questions

CGFM Certified Government Financial Manager

Last Update 4 days ago
Total Questions : 115

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Question # 31

Management's ability to monitor for financial control weakness is most compromised if

Options:

A.  

theft has occurred.

B.  

financial data is inaccurate.

C.  

performance data is inaccurate.

D.  

collusion is present.

Discussion 0
Question # 32

All of the following ae among the stated purposes of GPRA EXCEPT to

Options:

A.  

help managers improve service delivery.

B.  

improve internal management practices.

C.  

provide instructions on program reporting.

D.  

improve program effectiveness.

Discussion 0
Question # 33

A sound investment category for pension funds that can be easily valued is

Options:

A.  

open-ended mutual funds.

B.  

reverse repurchase agreements.

C.  

derivative instruments.

D.  

internal investment pools.

Discussion 0
Question # 34

An analyst has identified several variables that may be impacting state lottery ticket sales, including investments in

advertising, potential pay-out amounts and the size of lottery cards. Which of the following techniques would help

determine the extent to which each variable is impacting sales?

Options:

A.  

content analysis

B.  

cost-benefit analysis

C.  

regression analysis

D.  

narrative analysis

Discussion 0
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