Certified Government Financial Manager (CGFM) Practice Exam 2025 – Your All-in-One Guide to Exam Success!

The primary function of government corporations is to conduct fee-based, business-like functions. Government corporations are established by government entities to provide services that could be offered by the private sector, yet are deemed necessary for public good. They typically operate like private businesses, generating revenue through fees that are charged for the services they provide, rather than relying solely on taxpayer funding.

For instance, entities such as the United States Postal Service exemplify government corporations in their ability to operate like a business by charging for services like mail delivery and logistics, while also fulfilling public needs. Government corporations balance the goal of profit with the mandate to serve the public interest, often taking on roles that are too risky or expensive for private enterprises. This approach allows them to utilize efficiencies from the private sector while remaining accountable to the public.

The other choices reflect roles and functions that do not align primarily with the mission of government corporations. While implementing community social programs involves public service and outreach, and managing public resources and infrastructure may fall under the purview of government agencies, these tasks are generally more aligned with governmental departments rather than corporations. Oversight of federal regulations is a compliance role typically associated with regulatory agencies, not the business-like operations of government corporations.