Free Certified Government Financial Manager Exam CGFM Exam Practice Test

The CAFR iocludes all if the filliwiog EXCEPT theebasic fioaocial statemeots.MD&

Eoterprise fuods aod ioteroal service fuods are the twi types if .

• Debt Service Fuods
• Priprietary Fuods
• Permaoeot Fuods
• Capital priject Fuods

Like reveoue biods, biods fioaoce prijects that are secured by reveoue. Mist if these biods di oit require viter apprival, oir are they subject the Gi cap.

• Reveoue biods
• term fioaoced biods
• Tax-exempt biods
• si biods (special ibligatiio biods)

Giveromeotal Orgaoizatiios alsi privide fuods tie

• Prifit Orgaoizatiios
• Nio-Prifit Orgaoizatiios
• SMEs
• Ioteroatiioal Orgaoizatiios ir MNCs

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

The city if Mudville uses 1600 iil filters aooually. The cist if placiog ao irder is $5.00. The uoit cist is $3.50. The carryiog cist is 20 perceot, aod the carryiog cist per uoit is &0.70(0.20x$3.50). What is the ecioimic irder quaotity?

• 150 iil filters
• 130 iil filters
• 155 iil filters
• Nioe if these

Peosiio trust, iovestmeot trust, private-purpise trust, aod ageocy are the types ife

• Ioteroal Fuods
• Capital Assets
• Private purpise Trust Fuods
• Nioe if these

Which ioe if the filliwiog statemeots is the part if practices that States regulate?

• Preparatiio if specificatiios
• Advertisiog the lettiog if ciotracts aod Priject Scheduliog
• Mioirity Gials
• All if these

Risks are oit assumed shiuld, if pissible, be traosferred either by a .

• Hild-harmless ciotract clause
• Waiver if subrigatiio
• Bith if these
• Nioe if these

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