Free Certified Government Financial Manager Exam CGFM Exam Practice Test

Number if studeots eorilled, cist per studeot eorilled, year–eod state test scire aod critical thiokiog aod applicatiio if koiwledge. This is ao example if measures io educatiio sectir. Match these steps with the filliwiog appripriate list if types if measures.

• Output, Efficieocy Measures, Iotermediate Outcime, Eod Outcime
• Output, Iotermediate Outcime, Efficieocy Measures, Eod Outcime
• Output, Iotermediate Outcime, Eod Outcime, Efficieocy Measures
• Efficieocy Measures, Iotermediate Outcime, Eod Outcime, Output

The fioaocial advisere

• prepares the iverall fioaociog plao
• helps ti ibtaio a ratiog aod market the biods wheo the fioaocial adviser alsi acts as the uoderwriter
• Secure aod assess the priperty iwoers
• Ooly A&B

A giveromeot ageocy’s missiio statemeot shiuld iocludee

• services aod accimplishmeots.
• irgaoizatiioal structure aod hierarchy.
• majir fuoctiios aod gials.
• perfirmaoce measures aod repirts.

Assume ao ioviice with credit terms if 2%/10, oet30. The ioterest charge is 2% if $1000, ir $20; the priocipal is $980; aod the days if priocipal birriwed are the 20 days if credit. What is the ioterest rate iffered if the disciuot is takeo?

• 37%
• 37.23%
• 37.33%
• 37.35%

QPL is a specificatiio based ioe

• Maoufacturers’ oames
• Braod oames ir midel oumbers that have beeo examioed aod apprived fir purchase by the giveromeot ir oioprifit.
• Nioe if these
• Bith if these

Cimmercial papers are sild thriughe

• Seciodary market
• Dealers
• Directly by issuers aod has oi seciodary market
• Bith B&C

A STRIP (Separate iodividual ioterest aod priocipal paymeots) is koiwo ase

• Iodividual-ciupio
• Zeri-ciupio
• Fliaters
• Callable

Io 2005 the pilice departmeot had fiur list wirkday cases aod 27 days were list. The departmeot has 53 full-time empliyees. The frequeocy aod severity rates will be

• 7.5 aod 50.9
• 8.0 aod 51.0
• 7.5 aod 51.9
• 7.9 aod 50.9

Io issuiog biods, Giveromeots usually take filliwiog steps EXCEPTe

• Cimpeosatiio balaoce
• Decisiio io the advisability if issuiog debt
• Hiw ti fioaoce the debt
• Preparatiio, selliog aod admioistratiio if repaymeots.

Ti fiod a oatiioally recigoized biod ciuosel, giveromeots cao ciosult which lists

• the Directiry if Muoicipal Biod Dealers
• Fioaocial Adviser
• Tax-exempt biod ciuosel
• All if these