AGA CGFM Practice Questions| TestInsights

Question 1

The feasibility study assures investors and rating agencies necessary and fiscally sound. Consulting engineers are compensated in following ways:

AA lump-sum payment when a project is clearly defined

BCost-plus-fixed-fee basis when a project is not

CA percentage of construction costs, the percentage being based on a scale of civil engineers

DAll of these

Correct : D

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AA lump-sum payment when a project is clearly defined

BCost-plus-fixed-fee basis when a project is not

CA percentage of construction costs, the percentage being based on a scale of civil engineers

DAll of these

Question 2

With respect to capital leas the cops, the rating analyst evaluates:

AThe essentialities of the asset

BThe risk of non-appropriation

CGeneral creditworthiness

DAll of these

Correct : D

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AThe essentialities of the asset

BThe risk of non-appropriation

CGeneral creditworthiness

DAll of these

Question 3

A city has an EMF of 0.80. Its premium at 1.0 would have been $10,000. Therefore, its actual premium is:

A$800

B$8000

C$8800

DNone of these

Correct : B

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A$800

B$8000

C$8800

DNone of these

Question 4

Pension system may be operated by:

AA single nonprofit or government

BMultiple organization that share costs

CMultiple organizations that engage a management agent

DAll of these

Correct : D

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AA single nonprofit or government

BMultiple organization that share costs

CMultiple organizations that engage a management agent

DAll of these

Question 5

Which of the following danger sign/s help to detect Auditors' fraud?

ABorrowing small amounts from fellow employees

BPronounced criticism of others, endearing to divert suspicion

CReplying to Questions with unreasonable explanations

DAll of these

Correct : D

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ABorrowing small amounts from fellow employees

BPronounced criticism of others, endearing to divert suspicion

CReplying to Questions with unreasonable explanations

DAll of these

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