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Exam (elaborations)

Financial Management Certification – Procore Exam Questions and Answers (Graded A+, Latest Update)

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This document provides a fully updated set of questions and verified answers for the Procore Financial Management Certification Exam. It covers key topics including budgeting, cost tracking, contract management, invoicing, change orders, financial reporting, and use of Procore tools for managing project finances. The material mirrors exam-style scenarios and supports thorough preparation for achieving top scores.

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December 10, 2025
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Written in
2025/2026
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FINANCIAL MANAGEMENT CERTIFICATION PROCORE EXAM
QUESTIONS AND ANSWERS GRADED A+ LATEST UPDATE.




True or False: You should make the designated bid documents folder
'private' before you add it to your bid package. ANS >>> False


What should you do if Procore did not properly identify and name a
specific section correctly when uploading your spec book to the
project?
a. Re-upload the spec set
b. Click on the incorrect field, edit the value, and click Enter or Return
on your keyboard
c. Click Publish All
d. Remove the Table of Contents and upload the file again ANS >>> b.
Click on the incorrect field, edit the value, and click Enter or Return on
your keyboard


True or False: You should always make sure that your spec book has a
Table of Contents before you upload it into the Specifications tool. ANS
>>> True

,Where can you check if bid invitees have downloaded their bid
documents?
a. Under the bid package's Download log
b. Under the bid package's Emails tab
c. Under the bid package's Correspondence tab
d. There is no way to check this information in Procore ANS >>> a. Under
the bid package's Download log


How can you search for bidders to add them to the bid list (when
viewing the Search for Bidders page)?
a. Type the name of the company in the keyword search bar
b. Filter by trades or cost codes
c. Filter by jobsite proximity
d. Filter by vendor ratings
e. All of the above ANS >>> e. All of the above


What is the best way to inform bidders of a change to the bid
documents after they have been sent out?
a. Send an email from your personal email account
b. Send an email from the Correspondence tab in Procore
c. Procore will automatically notify bidders of a change to bid
documents

, d. Delete the bid package and create a new one ANS >>> b. Send an email
from the Correspondence tab in Procore


True or False: You can create a commitment directly from an awarded
bid. ANS >>> True


True or False: The only way to upload a budget into Procore is by using
the designated import template. ANS >>> True


Which tasks can be performed when a budget is unlocked?
a. Add line items
b. Create budget modifications
c. Create change orders
d. All of the above
e. A and B
f. A and C ANS >>> f. A and C


True or False: The Approved CO and Pending Budget changes pull from
the Potential Change Order tier, and not the Change Order Request or
Prime Contract Change Order tier. ANS >>> True


What are the three (3) types of columns that can be included in your
configurable budget view?
a. Standard, Calculated, and Basic
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