GFOA Exam CPFO Topic 10 Question 60 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 60
Topic #: 10

[All CPFO Questions]

GAAP requires that the fees for enterprise fund services like water, sewer, and electricity offset costs. As a policy decision, governing board members choose among four water and sewer rate structures. Those are all EXCEPT:

ADeclining Block and Seasonal Rate

BChanging Rate

CAscending block

DNone of these

Show Suggested Answer

Suggested Answer: D

by Melodie at Oct 28, 2022, 03:06 AM

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