10 free CGFM practice questions in the real exam format, covering the official content areas, with an explanation for every answer.
CGFM Practice Test 7Tutor mode
Question 1 of 10
Financial Management Functions
A county must pay a construction contractor $5 million in six months. Its investment officer can buy either a six-month Treasury bill yielding 4.3% or a five-year federal agency note yielding 4.6% that could be sold when the payment is due. Consistent with the priorities of public-fund investing, the officer should