GFOA Exam CPFO Topic 11 Question 107 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 107
Topic #: 11

[All CPFO Questions]

In issuing bonds, Governments usually take following steps EXCEPT:

ACompensation balance

BDecision on the advisability of issuing debt

CHow to finance the debt

DPreparation, selling and administration of repayments.

Show Suggested Answer

Suggested Answer: A

by Eugene at Feb 10, 2025, 09:22 PM

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2 days ago

Decision on the advisability of issuing debt? Yeah, that's a no-brainer. They just print more money when they need it, right?

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8 days ago

I think the answer is A) Compensation balance.

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16 days ago

Wow, this question is as clear as mud. I guess the government likes to keep their debt management process a secret.

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9 hours ago

A) Compensation balance

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22 days ago

Compensation balance? That's just a fancy term for the government's piggy bank. They can't fool me with that one!

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5 days ago

A) Compensation balance

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