CGFM Exam Practice Test Questions

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Question: 1

According to the AGA Code of Ethics, a government agency contract manager using a vendor as a personal reference would constitute:

  1. fraud.
  2. professional incompetence.
  3. a conflict of interest.
  4. nepotism.


Answer: C

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Question: 3

One way in which federal and state governments influence local governments is by:

  1. providing block grants.
  2. issuing ordinances.
  3. authorizing debt.
  4. setting budget authority.


Answer: A

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Question: 1

According to the AGA Code of Ethics, a government agency contract manager using a vendor as a personal reference would constitute:

  1. fraud.
  2. professional incompetence.
  3. a conflict of interest.
  4. nepotism.


Answer: C

Question: 5

A discretionary grant is characterized by a:

  1. transfer of funds based upon a formula.
  2. transfer of funds for broadly-defined purposes.
  3. transfer of funds for specific purposes.
  4. voluntary contribution that confers no rights nor benefits to the giver.


Answer: C