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Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB)
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AGA GAFRB Questions and Answers
A local government is evaluating different financing options for an upcoming capital project. Which of the following debt instruments will typically offer the lowest interest rate?
For state and local governments, a fund that is legally restricted to the use of earnings with the principal protected is
Which federal agency activities would most likely use a trust fund to account for funds received and paid?
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The GAFRB exam tests your knowledge of governmental accounting, budgeting, and financial reporting used in public sector finance.
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CGFM Certified Government Financial Manager
Examination 3: Governmental Financial Management and Control (GFMC)
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TESTED 01 Dec 2025
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