Certified Government Financial Manager (CGFM) 2025 – 400 Free Practice Questions to Pass the Exam

Image Description

Question: 1 / 875

What is evaluated to ensure revenues align with projections during budget monitoring?

Program effectiveness

Public opinion

Expense management

Service delivery priorities

To ensure that revenues align with projections during budget monitoring, it is essential to evaluate the service delivery priorities. This assessment helps determine whether resources are allocated effectively to meet the goals and needs of the community. By aligning expenditures and revenues with established priorities, organizations can identify whether their financial performance and resource utilization are on track with the budgeted projections.

Monitoring service delivery priorities also aids in assessing the value provided to the public and ensures that the services funded are in line with the expectations communicated during the budget planning process. If revenue forecasts are falling short or exceeding expectations, examining service delivery can reveal whether adjustments are needed in programming or funding levels to ensure that financial goals are met while still fulfilling the intended mission of the organization.

This approach emphasizes the importance of strategic alignment between financial resources and service outcomes, crucial for effective budget management and fiscal accountability.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy