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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Sabrina

1 months ago

Wait, did they just slip in a 'goods' transfer option? I'm going to need a shopping cart for this exam!

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Sueann

22 hours ago

D) Both A&B

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Adelle

5 days ago

C) Cost Allocation

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Eladia

9 days ago

B) Interfund exchange

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Michel

18 days ago

A) Interfund reimbursement

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Judy

2 months ago

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

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Lezlie

10 days ago

So, it's definitely not an exchange or cost allocation.

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Alberto

16 days ago

Yeah, I agree. Non-reciprocal means without repayment.

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Roslyn

1 months ago

I think it's A, interfund reimbursement.

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Sarah

2 months 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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Vincenza

7 days ago

D) Both A&B

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Leonora

18 days ago

C) Cost Allocation

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Anthony

19 days ago

B) Interfund exchange

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Vallie

20 days ago

A) Interfund reimbursement

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Shawnda

24 days ago

D) Both A&B

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Corrie

1 months ago

C) Cost Allocation

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Justine

1 months ago

B) Interfund exchange

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Alonzo

1 months ago

A) Interfund reimbursement

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Stefanie

2 months ago

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

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Leonard

2 months ago

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

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Delmy

1 months ago

User2: I agree, I'll go with B.

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Han

1 months ago

User1: I think it's just interfund exchange.

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Javier

2 months ago

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

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Stefanie

2 months ago

I think the answer is A) Interfund reimbursement.

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Destiny

2 months ago

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

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Inocencia

2 months ago

D) Both A&B

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Antione

2 months ago

C) Cost Allocation

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Justine

2 months ago

B) Interfund exchange

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Gwenn

2 months ago

A) Interfund reimbursement

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