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Certified Government Financial Manager

Exam Details

  • Exam Code
    :CGFM
  • Exam Name
    :Certified Government Financial Manager
  • Certification
    :Test Prep Certifications
  • Vendor
    :Test Prep
  • Total Questions
    :203 Q&As
  • Last Updated
    :May 16, 2024

Test Prep Test Prep Certifications CGFM Questions & Answers

  • Question 41:

    The noteworthy and most important thing in active investment by governments is:

    A. Sector Allocation

    B. Portfolio management

    C. Cash forecast

    D. None of these

  • Question 42:

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

    A. National Tier

    B. Regional Tier

    C. Federal Tier

    D. Local Tier

  • Question 43:

    The best time to purchase the securities is:

    A. High end of their yield curve

    B. Mid of the yield curve

    C. Better market condition

    D. None of these

  • Question 44:

    Which of the following is not included in principal investment strategies?

    A. Interest Rate anticipation

    B. Sector Allocation

    C. Yield curve anticipation

    D. None of these

  • Question 45:

    In contrast to ______________, _____________ aims to beat the average market rate of return.

    A. Active investing, passive investment management

    B. Passive investment management active investing

    C. Active investment, match disbursements

    D. Cash horizon, match disbursements

  • Question 46:

    A STRIP (Separate individual interest and principal payments) is known as:

    A. Individual-coupon

    B. Zero-coupon

    C. Floaters

    D. Callable

  • Question 47:

    Commercial papers are sold through:

    A. Secondary market

    B. Dealers

    C. Directly by issuers and has no secondary market

    D. Both BandC

  • Question 48:

    A 275-day T-bill was purchased at a 0.6% discount and was sold at an 8.50% discount after a 30-day holding period. What is the yield?

    A. 10.32

    B. 10.21

    C. 10.00

    D. None of these

  • Question 49:

    There are five types of repos. ___________ Repo is of one-day maturity Interest is based on the federal rate.

    A. Tri-party

    B. Open

    C. Overnight

    D. Term

  • Question 50:

    The Financial institution should adjust the collateral (related to securities) daily in response to market value changes known as:

    A. Marketing to market

    B. Market to market

    C. Marketing securities

    D. None of these

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