AGA Exam CGFM Topic 2 Question 53 Discussion

Actual exam question for AGA's CGFM exam

Question #: 53
Topic #: 2

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

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Carmen

3 months ago

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

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Iraida

2 months ago

B) Explicit

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Hannah

3 months ago

A) Implicit, one understated by another

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Paris

3 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!

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Elsa

3 months ago

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

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Junita

3 months ago

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

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Rodney

3 months ago

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

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Ellsworth

3 months ago

C) Both A&B

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Viola

3 months ago

B) Explicit

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Lamonica

3 months ago

A) Implicit, one understated by another

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Sharen

4 months ago

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

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Celeste

2 months ago

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

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Cassandra

2 months ago

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

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Luz

2 months ago

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

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Martha

3 months ago

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

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Mitsue

4 months ago

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

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Chuck

3 months ago

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

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Marjory

4 months ago

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

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Lyda

4 months ago

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

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Barrett

3 months ago

C) Both A&B

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Alysa

4 months ago

B) Explicit

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Antonio

4 months ago

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

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Thersa

4 months ago

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

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Catarina

4 months ago

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

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Melvin

4 months ago

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

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Daniela

4 months ago

I think the answer is B) Explicit.

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