Certified Government Financial Manager

Here you have the best Test Prep CGFM practice exam questions

  • You have 203 total questions across 41 pages (5 per page)
  • These questions were last updated on February 11, 2026
  • This site is not affiliated with or endorsed by Test Prep.
Question 1 of 203
According to the AGA Code of Ethics, a government agency contract manager using a vendor as a personal reference would constitute:
Suggested Answer: C

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Question 2 of 203
A government agency's mission statement should include:
Suggested Answer: C

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Question 3 of 203
One way in which federal and state governments influence local governments is by:
Suggested Answer: A

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Question 4 of 203
A method used to assess accountability of state agencies includes:
Suggested Answer: B

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Question 5 of 203
A discretionary grant is characterized by a:
Suggested Answer: C

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About the Test Prep CGFM Certification Exam

About the Exam

The Test Prep CGFM (Certified Government Financial Manager) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 203 practice questions across 41 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our CGFM questions are regularly updated to reflect the latest exam objectives.