CGFM III Exam Questions & Answers
(Grade A+)
Cash Management Improvement Act 1990 -
correct answer ✅Improve the transfer of federal funds
31 CFR Part 208 Management of Federal Agency Disbursements -
correct answer ✅Requires EFT payments
Cash Management -
correct answer ✅1) mutually beneficial relationships with banks
2) collecting and recording cash
3) generating earnings from cash
4) disbursing cash
Federal Reserve System Duties -
correct answer ✅1) conducting monetary policy
2) supervising and regulating banks
3) maintaining stability of the financial system
4) providing financial services
Warrant -
correct answer ✅Drawn on the treasury of a government
, CGFM III Exam Questions & Answers
(Grade A+)
Intra-bank Transfer -
correct answer ✅A request for funds to cover a Zero Balance
Account (ZBA)
Tax Reform Act of 1986 -
correct answer ✅Arbitrage (difference between interest rate paid
for fine and the interest rate earned on the same funds)
Elements of Investing -
correct answer ✅1) Safety
2) Liquidity
3) Yield
Types of Risks -
correct answer ✅1) Credit
2) Market
3) Interest Rate
4) Currency
5) Political
(Grade A+)
Cash Management Improvement Act 1990 -
correct answer ✅Improve the transfer of federal funds
31 CFR Part 208 Management of Federal Agency Disbursements -
correct answer ✅Requires EFT payments
Cash Management -
correct answer ✅1) mutually beneficial relationships with banks
2) collecting and recording cash
3) generating earnings from cash
4) disbursing cash
Federal Reserve System Duties -
correct answer ✅1) conducting monetary policy
2) supervising and regulating banks
3) maintaining stability of the financial system
4) providing financial services
Warrant -
correct answer ✅Drawn on the treasury of a government
, CGFM III Exam Questions & Answers
(Grade A+)
Intra-bank Transfer -
correct answer ✅A request for funds to cover a Zero Balance
Account (ZBA)
Tax Reform Act of 1986 -
correct answer ✅Arbitrage (difference between interest rate paid
for fine and the interest rate earned on the same funds)
Elements of Investing -
correct answer ✅1) Safety
2) Liquidity
3) Yield
Types of Risks -
correct answer ✅1) Credit
2) Market
3) Interest Rate
4) Currency
5) Political
