Exam Code: GFMC
Exam Questions: 118
Exam 3 - Governmental Financial Management and Control
Updated: 04 Jan, 2026
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Question 1

All of the following represent selection criteria used to make contract awards EXCEPT contractor 

Options :
Answer: C

Question 2

One of the minimum components of a government financial system is 

Options :
Answer: D

Question 3

Which of the following statements from an audit finding is the condition?

Options :
Answer: A

Question 4

The goal of shared gervices is to 

Options :
Answer: C

Question 5

A program manager at a local agency needs to understand if program participation varies significantly from enrollment. The information changes daily. The best way to quickly analyze this would be to use 

Options :
Answer: D

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