Some of these changes are as follows: 1  The Church was no longer independent from the state. 2  They reached the end of feudalism. 3  The people of France gained rights and liberties, along with legal equality. 4  Women gained some power; mainly a voice for political and social rights.
The CFA Program includes a series of three exams; Levels I, II, and III. Are offered annually â at test centers around the world â on the first Saturday in June. The Level I exam is also offered in December.
There are three CGFM exams: Examination 1 covers the Governmental Environment; Examination 2 covers Governmental Accounting, Financial Reporting, and Budgeting; and Examination 3 covers Governmental Financial Management and Control. Examination 1 consists of 115 multiple-choice questions and must be completed within two hours and 15 minutes.