Expert Answers to AGA Exam CGFM Questions

Page: 1 / 8

Government Financial Manager CGFM Certified Government Financial Manager

CGFM Certified Government Financial Manager

Last Update Jan 22, 2026
Total Questions : 115

To help you prepare for the CGFM AGA exam, we are offering free CGFM AGA exam questions. All you need to do is sign up, provide your details, and prepare with the free CGFM practice questions. Once you have done that, you will have access to the entire pool of CGFM Certified Government Financial Manager CGFM test questions which will help you better prepare for the exam. Additionally, you can also find a range of CGFM Certified Government Financial Manager resources online to help you better understand the topics covered on the exam, such as CGFM Certified Government Financial Manager CGFM video tutorials, blogs, study guides, and more. Additionally, you can also practice with realistic AGA CGFM exam simulations and get feedback on your progress. Finally, you can also share your progress with friends and family and get encouragement and support from them.

Questions 2

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?

Options:

$160,986

$186,023

$440,000

$485,000

Discussion 0

Questions 3

The Single Audit Act requires

Options:

financial statement audits of non-federal entities that receive or administer grant awards of federal

funds.

agencies to use an audit process to maximize the value of and manage acquisition risks.

federal departments to have single audits of financial management systems.

agencies to establish and assess internal controls related to audits.

Discussion 0

Questions 4

If a state treasurer wants to evaluate a variety of alternative long-term investments, which financial analysis should

be used?

Options:

net present value analysis

regression analysis

horizontal analysis

ratio analysis

Discussion 0

Fatima

Hey I passed my exam. The world needs to know about it. I have never seen real exam questions on any other exam preparation resource like I saw on Cramkey Dumps.

Niamh Dec 9, 2025

That's true. Cramkey Dumps are simply the best when it comes to preparing for the certification exam. They have all the key information you need and the questions are very similar to what you'll see on the actual exam.

Pippa

I was so happy to see that almost all the questions on the exam were exactly what I found in their Dumps.

Anastasia Dec 21, 2025

You are right…It was amazing! The Cramkey Dumps were so comprehensive and well-organized, it made studying for the exam a breeze.

Anaya

I found so many of the same questions on the real exam that I had already seen in the Cramkey Dumps. Thank you so much for making exam so easy for me. I passed it successfully!!!

Nina Dec 25, 2025

It's true! I felt so much more confident going into the exam because I had already seen and understood the questions.

Carson

Yeah, definitely. I would definitely recommend Cramkey Dumps to anyone who is preparing for an exam.

Rufus Dec 16, 2025

Me too. They're a lifesaver!

Melody

My experience with Cramkey was great! I was surprised to see that many of the questions in my exam appeared in the Cramkey dumps.

Colby Dec 6, 2025

Yes, In fact, I got a score of above 85%. And I attribute a lot of my success to Cramkey's dumps.

Questions 5

When planning for local government financial statement audit, what data source should the auditor consider first?