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Reliable CGFM Exam Simulations, CGFM Reasonable Exam Price

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AGA Certified Government Financial Manager (CGFM) Sample Questions (Q22-Q27):

NEW QUESTION # 22
An ISF has the following capital equipment in service for the stated time. Based upon the information below, using the straight-line method, what should be charged for depreciation at year-end?

A. $2,171
B. $8,155
C. $4,267
D. $6,438

Answer: D

NEW QUESTION # 23
The city of Mudville uses 1600 oil filters annually. The cost of placing an order is $5.00. The unit cost is $3.50.
The carrying cost is 20 percent, and the carrying cost per unit is &0.70(0.20x$3.50). What is the economic order quantity?

A. 155 oil filters
B. 130 oil filters
C. None of these
D. 150 oil filters

Answer: D

NEW QUESTION # 24
Governments and non-profits obtain services from Three Types of banks. Which one of the following id not out those banks?

A. Regional Tier
B. National Tier
C. Federal Tier
D. Local Tier

Answer: C

NEW QUESTION # 25
The local car dealer in town can provide the 10 new cars the city needs at cost of $150,000.
If local preferences were given, what would the preference margin (PM) be, assuming the dealer pays $50,000 in local property and sales taxes and that the total sales by the dealer are $2,000,000?

A. $375 per vehicle
B. $370 per vehicle
C. $325 per vehicle
D. $380 per vehicle

Answer: A

NEW QUESTION # 26
_______________ had separate principles for ___________________ in the past.
I. Colleges and universities
II. Hospital and health -care entities
III. Voluntary health and welfare organization
IV. Nonprofit organization

A. Local Government
B. State Government
C. Non-profit Organization
D. Federal Government

Answer: C

NEW QUESTION # 27
......

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Ella Roberts Ella Roberts

Biography

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