Instantly download GAFRB training test engine

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Updated: Aug 24, 2026

No. of Questions: 117 Questions & Answers with Testing Engine

Download Limit: Unlimited

Choosing Purchase: "Online Test Engine"
Price: $69.98 

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GAFRB Practice Q&A's

GAFRB PDF
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AGA GAFRB Exam Syllabus Topics:

TopicDetails
Topic 1
  • Federal Financial Accounting and Reporting: This section of the exam measures skills of government financial analysts and covers the roles of FASAB, OMB, Treasury, and GAO in federal accounting. It includes an understanding of federal budgetary terminology and the federal budgetary equation. The section differentiates between budgetary and proprietary accounting and outlines the structure and use of various federal fund types. It explains how to record key budgetary transactions like appropriations and obligations and proprietary transactions such as payroll and depreciation.
Topic 2
  • State and Local Financial Accounting and Reporting: This section of the exam measures skills of public sector accountants and focuses on applying GASB standards to define reporting entities and component units. It explores the structure and purpose of various fund types and the basis of accounting for each. Candidates must understand the format and content of the Annual Comprehensive Financial Report and the purpose of popular reports for public transparency.
Topic 3
  • Governmental Financial Accounting, Reporting and Budgeting: General Knowledge:This section of the exam measures skills of government financial analysts and covers the unique aspects of governmental accounting that distinguish it from private sector practices, such as service over profit and the critical role of the budget. It emphasizes the objectives of financial reporting in the public sector, the role of standard-setting bodies like GASB, FASB, FASAB, and IPSASB, and the due process for setting accounting standards. It also includes knowledge of interperiod equity, budgetary compliance, sustainability, and the characteristics of quality financial information.

Reference: https://www.agacgfm.org/CGFM/Candidates/CGFMProcess/Examination/Exam2.aspx

AGA GAFRB Exam Overview:

Certification Vendor:AGA (Association of Government Accountants)
Exam Name:Governmental Accounting, Financial Reporting and Budgeting
Exam Number:GAFRB (Examination 2)
Real Exam Qty:115
Exam Duration:150 minutes
Exam Price:USD $125
Related Certifications:Certified Government Financial Manager (CGFM)
Certificate Validity Period:N/A (Certification valid with maintenance)
Available Languages:English
Passing Score:75%
Exam Format:Multiple Choice
Sample Questions:AGA GAFRB Sample Questions
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

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Frequently Asked Questions

is it possible to pass the actual test just by studying GAFRB training mmaterial?

Certainly sure! Our GAFRB questions & answers are selected and verified by the professional team, which has high quality and hig h pass rate. Please take time to prepare for it and easy pass will be done.

Do you have any discounts?

We offer some discounts to our customers. There is no limit to some special discount. You can check regularly of our site to get the coupons.

What kinds of study material Pass4training provides?

Test Engine: GAFRB study test engine can be downloaded and run on your own devices. Practice the test on the interactive & simulated environment.
PDF (duplicate of the test engine): the contents are the same as the test engine, support printing.

How long can I get the GAFRB products after purchase?

You will receive an email attached with the GAFRB study material within 5-10 minutes, and then you can instantly download it for study. If you do not get the study material after purchase, please contact us with email immediately.

Are the update of GAFRB products free?

The free update offer is valid for one year after you've purchased the GAFRB products. You will be informed if there is any update

What's the different of the three versions?

Online Test Engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
Online Test Engine supports offline practice, while the precondition is that you should run it with the internet at the first time.
Self Test Engine is suitable for windows operating system, running on the Java environment, and can install on multiple computers.
PDF Version: can be read under the Adobe reader, or many other free readers, including OpenOffice, Foxit Reader and Google Docs.

How does your Testing Engine works?

Once download and installed on your PC, you can practice GAFRB test questions, review your questions & answers using two different options 'practice exam' and 'virtual exam'.
Virtual Exam - test yourself with exam questions with a time limit.
Practice Exam - review exam questions one by one, see correct answers.

How often do you offer your GAFRB products updates?

All the products are updated frequently but not on a fixed date. Our professional team pays a great attention to the exam updates and they always upgrade the content accordingly.

Do you have money back policy? How can I get refund if fail?

Sure. We have the money back guarantee in case of failure by our products. The process of money back is very simple: you just need to show us your failure score report within 60 days from the date of purchase of the exam. We will then verify the authenticity of documents submitted and arrange the refund after receiving the email and confirmation process. The money will be back to your payment account within 7 days.

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