CGFM Exam 1 Section 3 Questions &
Answers (Grade A+)
In the government management cycle, planning:
A) identifies goal and determine the most cost-effective means for
accomplishing them
B) precedes all other phases and does not have the constraint of
realistic budget outcomes
C) outcomes are an input to the programming and then, accounting
phase
D) should occur throughout the year -
correct answer ✅D) should occur throughout the year
Some of the steps of the government management cycle, in order,
include
A) budgeting, planning, operations and auditing
B) planning, budgeting, operations and auditing
C) budgeting, planning, accounting, and operations
D) planning, budgeting, accounting and operations -
correct answer ✅B) planning, budgeting, operations and auditing
,CGFM Exam 1 Section 3 Questions &
Answers (Grade A+)
Under the government management cycle, what outputs from the
programming phase are also inputs to the budgeting phase?
A) refined objectives and identified resources required to meet
objectives
B) accounting of resources used and performance reporting on
activities
C) appropriated budget and operational activities
D) internal and external reports and performance audits -
correct answer ✅A) refined objectives and identifies resources
required to meet objectives
Identifying specific and measurable objectives is performed during
which phase of the government management cycle?
A) programming
B) budgeting
C) planning
D) reporting -
correct answer ✅A) programming
, CGFM Exam 1 Section 3 Questions &
Answers (Grade A+)
The first step in strategic planning includes the identification of
A) the budget
B) goals
C) governance structures
D) resource requirements -
correct answer ✅B) goals
Which phase of the government management cycle immediately
follows the accounting phase?
A) budgeting
B) operations
C) auditing
D) reporting -
correct answer ✅D) reporting
An outcome of the programming phrase is the determination of
level of resources to be requested in which government
management phase?
Answers (Grade A+)
In the government management cycle, planning:
A) identifies goal and determine the most cost-effective means for
accomplishing them
B) precedes all other phases and does not have the constraint of
realistic budget outcomes
C) outcomes are an input to the programming and then, accounting
phase
D) should occur throughout the year -
correct answer ✅D) should occur throughout the year
Some of the steps of the government management cycle, in order,
include
A) budgeting, planning, operations and auditing
B) planning, budgeting, operations and auditing
C) budgeting, planning, accounting, and operations
D) planning, budgeting, accounting and operations -
correct answer ✅B) planning, budgeting, operations and auditing
,CGFM Exam 1 Section 3 Questions &
Answers (Grade A+)
Under the government management cycle, what outputs from the
programming phase are also inputs to the budgeting phase?
A) refined objectives and identified resources required to meet
objectives
B) accounting of resources used and performance reporting on
activities
C) appropriated budget and operational activities
D) internal and external reports and performance audits -
correct answer ✅A) refined objectives and identifies resources
required to meet objectives
Identifying specific and measurable objectives is performed during
which phase of the government management cycle?
A) programming
B) budgeting
C) planning
D) reporting -
correct answer ✅A) programming
, CGFM Exam 1 Section 3 Questions &
Answers (Grade A+)
The first step in strategic planning includes the identification of
A) the budget
B) goals
C) governance structures
D) resource requirements -
correct answer ✅B) goals
Which phase of the government management cycle immediately
follows the accounting phase?
A) budgeting
B) operations
C) auditing
D) reporting -
correct answer ✅D) reporting
An outcome of the programming phrase is the determination of
level of resources to be requested in which government
management phase?
