GFOA Exam CPFO Topic 3 Question 101 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 101
Topic #: 3

[All CPFO Questions]

Cost Allocation basis for all internal funds is:

ASame

BDifferent for different types of funds

CConditional

DIt depends

Show Suggested Answer

Suggested Answer: B

by Jaime at Sep 15, 2024, 01:04 AM

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5 days ago

Hmm, I'm not so sure. Maybe it's C - Conditional? The cost allocation could depend on the specific fund's requirements or policies.

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14 days ago

I'm not sure, but I think it could also be C) Conditional, depending on the specific circumstances of each fund.

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16 days ago

I'm pretty sure the answer is B. Different types of funds would have different cost allocation bases. That just makes sense, right?

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17 days ago

I agree with Marquetta, because different funds may have different purposes and therefore require different allocation bases.

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20 days ago

I think the answer is B) Different for different types of funds.

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