AGA CGFM - CGFM Certified Government Financial Manager
In an internal control evaluation, what are the roles of management and the auditor regarding the risk of fraud, waste and abuse?
A local government is reviewing the performance of a contractor that is collecting trash for the county. Performance can be measured based upon the cost
A state transfers cagh to a broker and the broker transfers securities to the state, promising to repay the cash plus
interest in exchange for the return of the same securities. This transaction is an example of
If a CGFM wants to utilize data on population growth, housing and employment to estimate sales tax revenue, the CGFM should use
A performance measurement that is measured the same way over several periods is
Ð.timely.
B.relevant.
C.reliable.
D. consistent.
Management's need for real-time access to data is facilitated when
What is the most fupdamental cash control?
What is the first step on performing a risk assessment under the COSO Internal Control Framework?
A capital asset transferred to another department within the same government should be
The Parking Fund for a government entity has the following information in its Statement of Net Position. Calculate the current ratio.
Total current assets$1,320
Total non-current assets$8,100
Total assets$9,420
Total current liabilities$ 810
Total non-current liabilities$ 360
Total liabilities$1,170
Total net position$8,250