GFOA Exam CPFO Topic 3 Question 75 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 75
Topic #: 3

[All CPFO Questions]

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:

ACheck the reserves for the next time

BCut the next year's budget accordingly

CControl the income and expenditure level

DCall the general public to play their proper role

Show Suggested Answer

Suggested Answer: D

by Roosevelt at Oct 08, 2023, 04:06 PM

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