CGFM Practice Test 11

10 free CGFM practice questions in the real exam format, covering the official content areas, with an explanation for every answer.

CGFM Practice Test 11Tutor mode

Question 1 of 10

Governmental Financial Accounting, Reporting and Budgeting: General Knowledge

A county forecasts next year's sales tax revenue by applying the average annual percentage growth rate of the period shown in the exhibit to the most recent year. What is the forecast for FY2026?

County sales tax revenue ($ millions)
Fiscal yearRevenue
FY202310.000
FY202410.500
FY202511.025