AGA Exam CGFM Topic 2 Question 53 Discussion

Actual exam question for AGA's CGFM exam

Question #: 53
Topic #: 2

[All CGFM Questions]

The federal government requires non-profit and privet firms to make _______________ assumption regarding future interest rates, wage increases, inflation and the like.

AImplicit, one understated by another

BExplicit

CBoth A&B

DNone of these

Show Suggested Answer

Suggested Answer: C

by Felix at Aug 06, 2024, 12:31 AM

Limited Time Offer

25%

Off

Get Premium CGFM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Carmen

7 months ago

Explicit, because who needs creativity when you've got the government watching your every move?

upvoted 0 times

Iraida

6 months ago

B) Explicit

upvoted 0 times

...

Hannah

6 months ago

A) Implicit, one understated by another

upvoted 0 times

...

Paris

7 months ago

Explicit, for sure. Unless we're trying to pull a fast one on the feds. Then it's implicit all the way, baby!

upvoted 0 times

Elsa

7 months ago

I think it depends on the situation. Sometimes implicit assumptions can be useful too.

upvoted 0 times

...

Junita

7 months ago

I agree, explicit assumptions are the way to go when dealing with the federal government.

upvoted 0 times

...

Rodney

7 months ago

I'm feeling lucky, so I'll go with D. None of these. Shake things up a bit, you know?

upvoted 0 times

Ellsworth

7 months ago

C) Both A&B

upvoted 0 times

...

Viola

7 months ago

B) Explicit

upvoted 0 times

...

Lamonica

7 months ago

A) Implicit, one understated by another

upvoted 0 times

...

Sharen

8 months ago

I think C is the way to go. Explicit and implicit, just to keep the government on their toes.

upvoted 0 times

Celeste

6 months ago

It's better to be safe than sorry when it comes to government regulations.

upvoted 0 times

...

Cassandra

6 months ago

I prefer to be explicit in these matters, just to avoid any confusion.

upvoted 0 times

...

Luz

6 months ago

I think it's important to be transparent with these assumptions.

upvoted 0 times

...

Martha

7 months ago

I agree, it's always good to cover all bases.

upvoted 0 times

...

Mitsue

8 months ago

Hmm, I'm going with B. Explicit. Gotta play by the rules, even if they're a bit boring.

upvoted 0 times

Chuck

7 months ago

Yeah, it's important to be transparent when it comes to financial matters.

upvoted 0 times

...

Marjory

8 months ago

I agree, it's better to be clear and upfront about those assumptions.

upvoted 0 times

...

Lyda

8 months ago

Explicit, of course! The government wouldn't let us make any assumptions under the table.

upvoted 0 times

Barrett

7 months ago

C) Both A&B

upvoted 0 times

...

Alysa

8 months ago

B) Explicit

upvoted 0 times

...

Antonio

8 months ago

Explicit, of course! The government wouldn't let us make any assumptions under the table.

upvoted 0 times

...

Thersa

8 months ago

I'm not sure, but I think it's important for firms to consider both implicit and explicit assumptions for future planning.

upvoted 0 times

...

Catarina

8 months ago

I believe it could also be C) Both A&B, as firms may have implicit assumptions as well.

upvoted 0 times

...

Melvin

8 months ago

I agree with Daniela, it makes sense for firms to have explicit assumptions.

upvoted 0 times

...

Daniela

8 months ago

I think the answer is B) Explicit.

upvoted 0 times

...