GFOA Exam CPFO Topic 3 Question 19 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 19
Topic #: 3

Revenue bonds are a liability limited to the pledged revenue. The issuer is thus not obligated _________ to repay the debt.

ALevy taxes

BGeneral fund revenues

CBoth of these

DNone of these

Show Suggested Answer

Suggested Answer: C

by Layla at May 05, 2022, 06:15 AM

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