Free AGA CGFM Exam Dumps Questions & Answers

What type of analygis should a finance director use to determine if there will be enough funds available to cover bills due within the next 30 days?

• A.debt burden ratio
• B.receivables turnover ratio
• C.budgetary cushion ratio
• D.quick/current ratio

Which of the following disbursement techniques can be used to ensure timely payments?

• A.warrants
• B.drafts
• C.checks
• D.bank cards

According to OMB Circular A-50, who holds personal responsibility for ensuring that disagreements with audit findings and recommendations are resolved?

• A.audit follow-up official
• B.inspector general
• C.OMB deputy director for management
• D.comptroller general

The Federal Credit Reform Act of 1990 prescribes a special budget treatment for direct loans and loan guarantees that measures cash flows to and from the government using which financial analytical technique?

• A.future value
• B.regression analysis
• C.current value
• D.net present value

A governmental attestation engagement may include a requirement to

• A.monitor a subgrantee for compliance to the grant restrictions.
• B.establish a policy concerning fraud prevention.
• C.monitor purchasing card charges for compliance with travel policies.
• D.review the revenue coverage requirements on outstanding bonds.