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GFOA Exam CPFO Topic 1 Question 110 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 110
Topic #: 1
[All CPFO Questions]

Credit services, Trustee and related services and investment management services are the Secondary services provided by banks.

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Suggested Answer: A

by Benton at Apr 08, 2025, 10:27 AM

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Timmy
5 days ago
I'm pretty sure the answer is B. Banks only provide primary services like deposits and loans, not secondary services like investment management or trustee services. That's the domain of other financial institutions.
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