Last Updated: Sep 13, 2026
No. of Questions: 117 Questions & Answers with Testing Engine
Download Limit: Unlimited
Our Actual4Cert GAFRB actual exam cert can provide you with the comprehnsive study points about the acutal test, with which you can have a clear direction during the perparation.The validity and reliability of the GAFRB actual torrent has helped lots of people get good redsult.Choose our GAFRB training cert, you will get 100% pass.
Actual4Cert has an unprecedented 99.6% first time pass rate among our customers.
We're so confident of our products that we provide no hassle product exchange.
Prefer studying from paper, practicing offline, or testing yourself in a browser? Actual4Cert offers the GAFRB practice questions as a printable PDF, a desktop test engine, and an online test engine, so your AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) preparation fits your routine.
| Certification Vendor: | AGA (Association of Government Accountants) |
|---|---|
| Exam Name: | Governmental Accounting, Financial Reporting and Budgeting |
| Exam Number: | GAFRB (Examination 2) |
| Exam Price: | USD $125 |
| Available Languages: | English |
| Related Certifications: | Certified Government Financial Manager (CGFM) |
| Passing Score: | 75% |
| Exam Duration: | 150 minutes |
| Exam Format: | Multiple Choice |
| Real Exam Qty: | 115 |
| Certificate Validity Period: | N/A (Certification valid with maintenance) |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at Pearson VUE centers or online proctoring. |
| Pre Condition: | Must be accepted into the CGFM program before scheduling the exam. |
| Official Syllabus URL: | https://www.agacgfm.org/CGFM/Exams/Exam-Content-Outlines.aspx |
| Section | Weight | Objectives |
|---|---|---|
| Governmental Financial Accounting, Reporting and Budgeting: General Knowledge | 40% | - Budgeting and budgetary accounting
|
| State and Local Financial Accounting and Reporting | 30% | - GASB standards application
|
| Federal Financial Accounting and Reporting | 30% | - Federal financial statements
|
The AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) exam (exam code GAFRB) is the official AGA exam that leads to the Government Financial Manager certification, sitting at the Intermediate level of the AGA certification track. It is also connected with Certified Government Financial Manager (CGFM). If this is the credential you are working toward, the 117 practice questions at Actual4Cert map directly to its objectives.
The AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) exam includes 115 questions, and you have 150 minutes to complete them. Divide the time limit by the question count and you get a tight average pace per item, so train yourself to flag time-consuming questions and return to them later instead of getting stuck. Before test day, run at least one full timed session in the Actual4Cert test engine under the same limits — the clock should never surprise you.
The passing score for AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) is 75%, and the official registration fee is USD $125. A failed attempt means paying that fee in full again, so your preparation budget deserves the same attention as your study plan. A practical rule: book your exam date only after you can finish a Actual4Cert practice test comfortably above the passing score more than once.
According to AGA, candidates should meet the following before registering: Must be accepted into the CGFM program before scheduling the exam.. Requirements can change, so confirm the latest details on the official exam page before you register.
Yes. A free PDF demo of the GAFRB practice questions is available to download, so you can judge the format and quality before paying anything. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount.
Your order is covered by a conditional 100% money-back guarantee: if you take the corresponding exam within 60 days of purchase and do not pass, you may apply for a full refund. Exams taken within 3 days of purchase are not eligible, nor are free materials or expired orders, and the candidate name must match the payer name. To claim, submit a scanned enrollment slip and your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep studying? You can instead exchange your purchase for two free products of equal value while keeping the update service on your original one. Delivery itself is immediate: your product unlocks for instant download right after payment and a copy is emailed to you within a minute — if nothing arrives within 2 hours, contact our support team. There is no limit on the number of computers you can install it on.
The AGA Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB) blueprint is divided into 3 major domains, starting with State and Local Financial Accounting and Reporting (30%), Federal Financial Accounting and Reporting (30%), and Governmental Financial Accounting, Reporting and Budgeting: General Knowledge (40%). The full breakdown, including every subdomain and its weighting, is listed in the Exam Topics section above — review it against your own weak areas before scheduling the exam.
Which entity assists the president in overseeing the preparation of the President's Budget?
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
Separate fund financial statements should be presented for
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
State Medicaid caseloads have been exceeding projections for the past two months. Review of the data indicates the increase is likely to continue, leading to the need for significant supplemental appropriations before the end of the fiscal year. Based upon this information, what is the first action the state director of Medicaid should take?
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
A state grant will reimburse a city for 40% of the architectural, construction and project management costs to build an annex to a city building. A city employee, who is paid salary and benefits of 510,000 a month, works half-time on the project for six months.
The city reports the following project budgeted and actual costs:
Purpose Budget Actual
Architectural fees $ 100.000 $ 90,000
Construction costs $10,500,000 $10,000,000
Based upon the above information, what is the amount of allowable costs that the state will reimburse the city on the grant?
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
In state and local financial audits, material weaknesses must be reported to the
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
Ida
Letitia
Monica
Rita
Una
Alfred
Actual4Cert is the world's largest certification preparation company with 99.6% Pass Rate History from 60267+ Satisfied Customers in 148 Countries.
Over 60267+ Satisfied Customers
