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GFOA Exam CPFO Topic 4 Question 105 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 105
Topic #: 4
[All CPFO Questions]

The federal government requires non-profit and privet firms to make _______________ assumption regarding future interest rates, wage increases, inflation and the like.

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Suggested Answer: C

by Ciara at Jan 11, 2025, 09:30 AM

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Cordell
1 months ago
I'm not sure, but I think it could also be C) Both A&B. Implicit assumptions can also play a role.
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Lashunda
1 months ago
I agree with Jaleesa. It makes sense for the government to require explicit assumptions.
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Jaleesa
1 months ago
I think the answer is B) Explicit.
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Gerald
2 months ago
I almost went for C, but then I remembered that the government likes to keep things straightforward. Explicit it is!
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Alba
2 months ago
B, definitely B. Explicit is the way to go, no room for any implicit shenanigans here.
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Tomoko
1 days ago
Explicit assumptions leave no room for interpretation, which is necessary in this case.
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Johana
2 days ago
Implicit assumptions can lead to misunderstandings, so it's best to be explicit.
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Sheron
6 days ago
It's true, being clear about future projections is crucial for planning.
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Edna
27 days ago
I agree, being explicit is important when it comes to assumptions.
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Iola
2 months ago
Ah, the government loves their explicit assumptions. Keeps us on our toes, doesn't it?
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Brandon
1 months ago
It's true, the government wants to cover all bases with their assumptions.
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Elbert
1 months ago
I think it's important to have both implicit and explicit assumptions in place.
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Denna
1 months ago
Yes, they definitely like to make things clear with explicit assumptions.
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