GFOA Exam CPFO Topic 4 Question 97 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 97
Topic #: 4

[All CPFO Questions]

The National Committee on Municipal Accounting (NCMA), sponsored by the Municipal Finance Officers Association (later Government Finance Association [GFOA]), published in what is called, for obvious reasons, the ''Blue Book.'' The third Blue book was titled as:

AGovernmental Accounting, Auditing, and Financial Reporting

BFederal Accounting and Financial Reporting

CBlue book III

DNone of these

Show Suggested Answer

Suggested Answer: A

by Hyun at Sep 19, 2024, 05:08 PM

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Fredric

13 days ago

I'm gonna go with A as well. The Blue Book is the go-to resource for GAAP in the public sector.

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Harris

14 days ago

I'm not sure, but I think it's C) Blue book III.

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Maxima

16 days ago

A seems like the obvious choice here. The Blue Book is known for its guidance on governmental accounting and reporting.

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Salena

18 days ago

I agree with Dahlia, the Blue Book III is about Governmental Accounting.

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Dahlia

25 days ago

I think the answer is A) Governmental Accounting, Auditing, and Financial Reporting.

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