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Real GAQM CFM-001 practice exam questions for easy pass!

Updated: Sep 11, 2026

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GAQM CFM-001 Exam Overview:

Certification Vendor:Global Association for Quality Management (GAQM)
Exam Name:Certified Finance Manager (CFM)
Exam Number:CFM-001
Exam Format:Multiple Choice Questions, Computer-based AI-proctored
Available Languages:English
Certificate Validity Period:Lifetime
Exam Duration:90 minutes
Real Exam Qty:100
Exam Price:190 USD (voucher) / varies by package
Passing Score:80% (80 out of 100)
Exam Way:AI-proctored computer-based exam taken online within voucher validity period.
Pre Condition:No formal prerequisites; E-Course recommended but not mandatory.
Official Syllabus URL:https://gaqm.org/certifications/finance_accounting/cfm

GAQM CFM-001 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounting – Control and Monitoring of Cash- Petty Cash Management
- Bank Reconciliation
- Cash Control Procedures
Topic 2: Accounting and Its Use in Business Decisions- Impact of Transactions
- Financial Statement Analysis
- Accounting Environment
- Short-Term Financing and Insurance
Topic 3: Accounting- Financial Analysis Tools
- Introduction to Accounting
- Budgeting Basics
- Risk Identification
- Debits and Credits
- Key Financial Reports
- Financial Terms and Concepts
- The Accounting Cycle
Topic 4: Accounting – Merchandising Transactions- Gross Selling Price
- Merchandising Transactions
- Classified Income Statement
- Cost of Goods Sold
Topic 5: Measuring and Reporting Inventory- Inventory Costing Methods
- Inventory Costing Pros & Cons
- Inventory Cost Determination
Topic 6: Budgets and Managing Money- Budgeting Process and Components
- Fundamentals of Finance
- Budget Monitoring and Management
- Investment Opportunity Comparison
Topic 7: Adjustments for Financial Reporting- Accrual vs Cash Basis Accounting
- Types of Adjusting Entries
- Deferred Items and Depreciation
Topic 8: Accounting – Receivables and Payables- Current Liabilities
- Notes Receivable and Payable
- Accounts Receivable
- Uncollectable Accounts

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