GFOA Exam CPFO Topic 3 Question 61 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 61
Topic #: 3

[All CPFO Questions]

Non-reciprocal interfund activities include interfund transfers of assets (e.g. cash, or goods) without repayment and______________.

AInterfund reimbursement

BInterfund exchange

CCost Allocation

DBoth A&B

Show Suggested Answer

Suggested Answer: D

by Merilyn at Nov 20, 2022, 11:00 PM

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Judy

18 minutes ago

The wording 'non-reciprocal' is the key here. Gotta be A, interfund reimbursement.

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Sarah

5 days ago

C'mon, it's gotta be C. Cost allocation is the only answer that doesn't scream 'repayment' to me.

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Stefanie

10 days ago

Hmm, you might be right. Interfund reimbursement and exchange both make sense in this context.

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Leonard

10 days ago

Hmm, this seems like a trick question. I'll go with D - both interfund reimbursement and exchange.

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Javier

12 days ago

I disagree, I believe the answer is D) Both A&B.

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Stefanie

16 days ago

I think the answer is A) Interfund reimbursement.

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Destiny

16 days ago

Interfund transfers without repayment? Sounds like my weekend getaway plans!

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Gwenn

4 days ago

A) Interfund reimbursement

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