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Structure of the CGFM Exam

The CGFM exam is divided into three parts, each focusing on different aspects of government financial management:

1. Governmental Environment: This section covers the structure and functions of government, including federal, state, and local levels, and how they impact financial management.

2. Governmental Accounting, Financial Reporting, and Budgeting: This section tests your knowledge of accounting principles, financial reporting standards, and budgeting practices specific to the government sector.

3. Governmental Financial Management and Control: This part evaluates your understanding of internal controls, auditing, and risk management within government financial operations.

Each section of the exam requires thorough preparation and a deep understanding of the respective topics. Test Prep Certifications To excel, candidates must use a variety of study resources and strategies.

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