Free Access AGA.CGFM.v2026-01-24.q104 Practice Test (Page 11)

Question 46

Which one of the following is not an opportunity for the Governmental budgetary plan?

A.Modern building and department

B.Privatization of functions

C.Reorganization

D.Involvement in new transportation modes

Question 47

The financial adviser gives advice regarding the financial feasibility of a bond. Thus, the financial adviser's fee should not be contingent on a bond's sale because of:

A.The potential conflict of interest

B.The nonequilibrium of market prices

C.Unavailability of large local units

D.None of these

Question 48

Life cycle costing results in _________ overall cost.

A.Higher

B.Balancing

C.It depends

D.Lower

Question 49

Notes to the financial statements are:

A.optional disclosures of management analysis at the end of the financial statements.

B.RSI following the MD&A.

C.supplemental information provided to transmit financial statements.

D.additional disclosures presented immediately following the government-wide and fund financial statements.

Question 50

Which one of the following statements is the part of practices that States regulate?

A.All of these

B.Preparation of specifications

C.Advertising the letting of contracts and Project Scheduling

D.Minority Goals

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Question 46

Question 47

Question 48

Question 49

Question 50

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