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Free PDF Quiz 2025 CGFM: Certified Government Financial Manager (CGFM) High Hit-Rate Vce Download

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Individuals who pass the CGFM Exam are eligible to receive the CGFM certification, which is a professional credential that is recognized by employers, clients, and colleagues as a sign of expertise in government financial management. Certified Government Financial Manager (CGFM) certification can help individuals advance their careers, increase their earning potential, and gain recognition for their expertise in the field.

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CGFM Valid Test Dumps | Real CGFM Exam

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The CGFM Certification program is highly respected in the industry and is recognized as a mark of excellence in government financial management. By earning a CGFM certification, professionals can enhance their career prospects and demonstrate their commitment to the highest standards of ethics and professionalism in government financial management.

AGA Certified Government Financial Manager (CGFM) Sample Questions (Q49-Q54):

NEW QUESTION # 49
Which one of the following is not an opportunity for the Governmental budgetary plan?

• A. Reorganization
• B. Privatization of functions
• C. Modern building and department
• D. Involvement in new transportation modes

Answer: C

NEW QUESTION # 50
The supply side fiscal policy reduces _________ and the Keynesian fiscal policy increases __________.

• A. Economic growth, Employment rate
• B. Economic growth, Taxes
• C. Taxes, Federal spending
• D. None of these

Answer: C

NEW QUESTION # 51
Internal controls are the primary responsibility of:

• A. external auditors.
• B. management.
• C. the financial systems.
• D. internal auditors.

Answer: B

NEW QUESTION # 52
Life cycle costing results in overall cost.

• A. Balancing
• B. Lower
• C. Higher
• D. It depends

Answer: B

NEW QUESTION # 53
An employee is set to receive a lumpsum payment of $500,000 in ten years. The agency uses an opportunity rate of 12% for its investments. If inflation is 3%, how much must the agency invest today to cover the future lumpsum payment?

• A. $160,986
• B. $440,000
• C. $186,023
• D. $485,000

Answer: A

Explanation:
What Are We Solving For?
* We are determining the present value (PV) of a $500,000 lump sum payment to be received in 10 years, using anopportunity rate of 12%. Inflation is not relevant here because the opportunity rate already reflects the expected return, including inflation adjustments.
Formula for Present Value:The present value (PV) is calculated using the formula:
PV=FV(1+r)nPV = rac{FV}{(1 + r)