Online Access Free CGFM Exam Questions

All of the following represent selection criteria used to make contract awards EXCEPT contractor

• A.financial position.
• B.staff expertise.
• C.union affiliations.
• D.past performance records.

Performance measurement assists management in

• A.determining allocation of capital appropriations.
• B.monitoring performance of certified professionals in regulatory fields.
• C.identifying weaknesses in disaster response preparedness.
• D.tracking actual results against targets.

A federal government agency that expends beyond its appropriation is in violation of the

• A.Federal Managers' Financial Integrity Act.
• B.Sarbanes-Oxley Act.
• C.Federal Financial Management Improvement Act.
• D.Antideficiency Act.

Forensic accounting includes performance of all of the following tasks EXCEPT

• A.preventing fraud.
• B.serving as an expert witness.
• C.auditing accounting records to prove or disprove fraud.
• D.interviewing all related parties to fraud.

Who holds primary responsibility for establishing internal controls?

• A.ccountants
• B.management
• C.audit committee
• D.internal auditors