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Free GFOA CPFO Exam Dumps

Here you can find all the free questions related with GFOA Certified Public Finance Officer (CPFO) exam. You can also find on this page links to recently updated premium files with which you can practice for actual GFOA Certified Public Finance Officer Exam. These premium versions are provided as CPFO exam practice tests, both as desktop software and browser based application, you can use whatever suits your style. Feel free to try the Certified Public Finance Officer Exam premium files for free, Good luck with your GFOA Certified Public Finance Officer Exam.
Question No: 1

MultipleChoice

''A cash received as a loan is shown as revenue not as a liability, on the balance sheet. To correct for such cases, most cash accounting systems recognize not only cash but also other assets and liabilities arising through prior cash transactions. This adjustment, though, does not alter the fact that outstanding obligations have been incurred but not accounted for, thus overstating the available balance.'' This is an example of possible mishandlings after the selection of ________________.

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Question No: 2

MultipleChoice

''Every employee should have a personnel file that includes authorization for hiring, salary history hours authorized to work, federal and state withholding forms, hospital and retirement information and support for any other payout deductions.'' There are the procedures of:

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Question No: 3

MultipleChoice

An all too familiar axiom is ''either spend it or lose it.'' When an agency under-spends its budget, the governing board is inclined to:

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Question No: 4

MultipleChoice

''Don't risk a lot for a little.'' This principle should be followed during:

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