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2025 CGFM Exam Preview | CGFM Current Exam Content & Certified Government Financial Manager (CGFM) Reliable Exam Blueprint - Sugakumaster

CGFM

Exam Code: CGFM

Exam Name: Certified Government Financial Manager (CGFM)Certification

Version: V16.75

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NEW QUESTION: 1
HyperFlex virtual servers differ from regular servers in which two key areas? (Choose two.)
A. CVM: Virtual appliance, which performs reading/writing, caching, deduplication, and compression.
B. No RAID is required to consolidate disks into a shared data platform.
C. NVMe: Regular servers do not support NVMe drives for high availability.
D. CCC: Cisco Cloud Center is used for multi-cloud integration and seamless deployment.
E. SP: UCS Service Profiles are used to delineate MAC address pools from upstream networks.
Answer: A,B

NEW QUESTION: 2
What are two advantages of Computer Telephony integration applications? (Choose two)
A. It reduces costs by increasing productivity.
B. It allows effective communication over the internet.
C. The manual logging of call-related information can be used for invoicing purposes.
D. It enables intelligent routing of calls.
Answer: A,D

NEW QUESTION: 3
HJ is currently in dispute with an employee, who is claiming $400,000 in a legal case against them.
HJ's legal advisors have stated that it is probable that they will lose the case and will have to pay the amount claimed.
Also, HJ are claiming $250,000 from a supplier of defective goods and the legal advisors have stated that it is probable that HJ will be successful in this claim.
What is the correct accounting treatment for these two items in HJ's financial statements?
A. Provide for the $400,000 potential outflow and recognise the $250,000 potential inflow.
B. Provide for the $400,000 potential outflow and disclose the $250,000 potential inflow.
C. Disclose the $400,000 potential outflow and disclose the $250,000 potential inflow.
D. Disclose the $400,000 potential outflow and recognise the $250,000 potential inflow.
Answer: B

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