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AGA GAFRB Dumps Questions Answers

Exam Code:
GAFRB
Last Update: Jun 27, 2025
115 Questions Answers with Explanation Detail
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GAFRB Q&A's Detail

Exam Code:
GAFRB
Total Questions:
115 Q&A's
Single Choice Questions:
115 Q&A's

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All Government Financial Manager Related Certification Exams

Total Questions: 115
Updated: 01-Jul-2025

Other AGA Certification Exams

Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) Questions and Answers

Questions 1

A budget document that lists the budget by social services, affordable housing and supplies includes which of the following significant elements?

Options:

A.

function, program, object class

B.

organizational unit, program, category

C.

function, category, object class

D.

program, function, category

Questions 2

A special-purpose government is considered a primary government when it has any of the following characteristics EXCEPT that it

Options:

A.

relies on revenue projections from another government entity.

B.

has the ability to levy taxes.

C.

has a board determined via general election.

D.

provides an ongoing financial benefit to another government entity.

Questions 3

What organization establishes GAAP for federal agencies?

Options:

A.

FASAB

B.

OMB

C.

GAO

D.

FASB

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