AGA Exam CGFM Topic 3 Question 49 Discussion

Actual exam question for AGA's CGFM exam

Question #: 49
Topic #: 3

[All CGFM Questions]

One of the minimum components of a government financial system is

Aautomated transaction processing.

Bdebt-reduction analysis.

Cperformance management reporting.

Dgeneral ledger account definition.

Show Suggested Answer

Suggested Answer: D

by Matthew at Jun 23, 2024, 03:19 PM

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8 days ago

Definitely D. The general ledger is the cornerstone of any financial system, so that's got to be the minimum component.

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13 days ago

But without accurate general ledger accounts, how can the government track its financial transactions?

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19 days ago

I disagree, I believe it's D) general ledger account definition.

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20 days ago

I think the answer is A) automated transaction processing.

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