| Exam Code/Number: | GFMCJoin the discussion |
| Exam Name: | Examination 3: Governmental Financial Management and Control (GFMC) |
| Certification: | AGA |
| Question Number: | 117 |
| Publish Date: | Jan 10, 2026 |
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The best source for annual liability and cash flow data is a state's
A township wants to buy a new piece of equipment that will reduce costs by $20,550 at the end of year 2. If the township could invest its funds at a rate of 10%, what is the most the township should spend now to get the return it desires?
What type of analygis should a finance director use to determine if there will be enough funds available to cover bills due within the next 30 days?
In an attestation engagement, which party would make an assertion about a subject matter?
The legislation that expanded the requirements of audits to virtually all federal agencies is the