IIA Exam IIA-CGAP Topic 9 Question 69 Discussion

Actual exam question for IIA's IIA-CGAP exam

Question #: 69
Topic #: 9

[All IIA-CGAP Questions]

All of The following are considered abuses of public debt EXCEPT:

ABorrowing to finance operating expenditures.

BBorrowing beyond ability to repay.

CNot borrowing where corruption is widespread.

DBorrowing to finance no-return projects or speculative facilities.

Show Suggested Answer

Suggested Answer: C

by Laurel at Dec 25, 2023, 03:01 PM

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Rosendo

9 days ago

Haha, this question is a real head-scratcher. I bet the answer is D - borrowing for no-return projects sounds like the perfect way to abuse the system!

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Bev

12 days ago

But borrowing to finance operating expenditures is a clear abuse of public debt, so it can't be the correct answer.

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Eden

13 days ago

I disagree, I believe the answer is A.

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Kerry

14 days ago

Hmm, I'm conflicted on this one. I think B might be the exception since borrowing beyond your ability to repay seems like a surefire way to abuse public debt.

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