GFOA Exam CPFO Topic 6 Question 89 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 89
Topic #: 6

[All CPFO Questions]

As electronic commerce is the ripe of FRAUD, governments should secure bank security services that reduce the possibility of fraud, including all of these EXCEPT:

APositive pay

BACH block

CReverse Positive pay

DNone of these

Show Suggested Answer

Suggested Answer: C

by Reita at May 31, 2024, 02:28 PM

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Rhea

20 hours ago

I'm pretty sure the answer is C. Reverse positive pay seems like it would actually increase the possibility of fraud, not reduce it.

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Ena

8 days ago

This question is definitely trying to trick us. Fraud is a serious issue, and the governments should be doing everything they can to reduce the risk.

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Val

15 days ago

I believe they should not include option D, None of these, because that doesn't actually help prevent fraud.

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Miriam

21 days ago

I agree, but which option do you think they should NOT include?

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Val

22 days ago

I think governments should definitely secure bank security services to reduce fraud.

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