GFOA Exam CPFO Topic 10 Question 17 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 17
Topic #: 10

The lease agreement contains a ___________ clause that permits the government to cancel the capital lease, without defaulting, by not appropriating payment for the lease.

AAppropriation

BNon-appropriation

CIt depends

DNone-of these

Show Suggested Answer

Suggested Answer: B

by Vincent at May 04, 2022, 11:54 AM

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