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The CGFM certification is a comprehensive exam that covers three areas of government financial management: governmental accounting, financial reporting, and budgeting. CGFM exam consists of three modules, each of which focuses on one of these areas. The first module covers governmental accounting principles, including fund accounting, financial statements, and internal controls. The second module covers financial reporting, including financial analysis, performance measurement, and auditing. The third module covers budgeting and financial management, including budget preparation, cost analysis, and program evaluation.
The Certified Government Financial Manager (CGFM) certification exam is a highly recognized professional certification for financial managers working in the government sector. The CGFM certification is awarded by the Association of Government Accountants (AGA) and is designed to enhance the skills and knowledge of financial professionals in the public sector. Certified Government Financial Manager (CGFM) certification is a sign of distinction and credibility in the field of government financial management and is highly valued by employers.
AGA is an organization that has been working for more than 70 years to improve government financial management by providing education, training, and resources to professionals in the field. The CGFM Certification is one of the ways the AGA recognizes individuals who have demonstrated a high level of expertise in government financial management. Certified Government Financial Manager (CGFM) certification is recognized throughout the industry as an important credential for professionals working in government financial management.
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NEW QUESTION # 67
An agency receives miscellaneous revenue and investment revenue. The January beginning balance is
$12,000. Monthly revenue is projected to be $2,000 and monthly expenses are projected to be $1,800. The agency plans to purchase a $10,000 90-day bond at par value on January 15. The agency has a $20,000 90- day bond that matures on February 15. What is the projected cash balance at the end of March?
Answer: C
NEW QUESTION # 68
A conflict of interest occurs when an employee enjoys monetary gain at public expense. Possible conflict of interest problems may be all of the following EXCEPT:
Answer: C
NEW QUESTION # 69
Upon completion of a performance audit the auditee will be provided with a report that includes the audit objectives, methodology, results and:
Answer: D
NEW QUESTION # 70
A sweeps payroll, accounts, payables, and daily collections into a
concentration account daily.
Answer: A
NEW QUESTION # 71
A way to transfer risks is by joining a pool. Pools like those offered by leagues of municipalities and associations of country commissioners provide an array of services, including:
Answer: A
NEW QUESTION # 72
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