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Introduction of Test Prep CGFM Exam!

The Certified Government Financial Manager (CGFM) exam is a credential offered by the Association of Government Accountants (AGA) that validates the skills and knowledge of financial professionals in the government sector. The certification is widely recognized and respected in the field of government financial management.

What is the Duration of Test Prep CGFM Exam?

The Certified Government Financial Manager (CGFM) exam is a professional certification designed for individuals who want to demonstrate their expertise and knowledge in governmental accounting, auditing, financial reporting, internal controls, and budgeting at the federal, state, and local levels.

What are the Number of Questions Asked in Test Prep CGFM Exam?

The CGFM exam consists of three separate exams, each containing approximately 115 multiple-choice questions.

What is the Passing Score for Test Prep CGFM Exam?

The passing score for each part of the CGFM exam is scaled to a score of 500, with a minimum passing score of 390.

What is the Competency Level required for Test Prep CGFM Exam?

The competency level required for the CGFM exam includes a thorough understanding of governmental financial management principles and practices, as well as the ability to apply this knowledge in practical scenarios.

What is the Question Format of Test Prep CGFM Exam?

The question format of the CGFM exam is multiple-choice.

How Can You Take Test Prep CGFM Exam?

You can take the CGFM exam at Pearson VUE testing centers, which are available in various locations worldwide. You must first apply and be approved by the AGA to sit for the exams.

What Language Test Prep CGFM Exam is Offered?

The CGFM exam is offered in English.

What is the Cost of Test Prep CGFM Exam?

The cost of the CGFM exam is $125 per exam part for AGA members and $150 per exam part for non-members. There is also an application fee of $70 for AGA members and $99 for non-members.

What is the Target Audience of Test Prep CGFM Exam?

The target audience for the CGFM exam includes accountants, auditors, financial managers, and other professionals working in federal, state, and local government agencies, as well as those in private sector firms that provide services to government entities.

What is the Average Salary of Test Prep CGFM Certified in the Market?

The average salary of a CGFM certified professional varies widely depending on the individual's role, experience, and location, but it generally ranges from $70,000 to $120,000 per year.

Who are the Testing Providers of Test Prep CGFM Exam?

The testing provider for the CGFM exam is Pearson VUE.

What is the Recommended Experience for Test Prep CGFM Exam?

The recommended experience for the CGFM exam includes at least two years of professional-level experience in government financial management.

What are the Prerequisites of Test Prep CGFM Exam?

The prerequisites for the CGFM exam include a bachelor's degree from an accredited college or university and at least two years of professional-level experience in government financial management.

What is the Expected Retirement Date of Test Prep CGFM Exam?

There is currently no specified retirement date for the CGFM exam, but the AGA periodically reviews and updates the exam content to ensure its relevance.

What is the Difficulty Level of Test Prep CGFM Exam?

The difficulty level of the CGFM exam is considered to be moderate to high, requiring a solid understanding of government financial management principles and practical experience in the field.

What is the Roadmap / Track of Test Prep CGFM Exam?

The roadmap for the CGFM certification involves passing three separate exams: Governmental Environment, Governmental Accounting, Financial Reporting and Budgeting, and Governmental Financial Management and Control.

What are the Topics Test Prep CGFM Exam Covers?

The CGFM exam covers topics such as governmental environment, governmental accounting, financial reporting, budgeting, internal controls, and auditing.

What are the Sample Questions of Test Prep CGFM Exam?

Sample questions for the CGFM exam can be found on the AGA's official website and in various CGFM exam preparation materials.