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GFOA CPFO Exam - Topic 10 Question 42 Discussion

Which of the following is NOT included in RFPs (Request for proposals) regarding audit?
C) Selection Criteria
A) Scope of work
B) Compensations and Terms of payment
D) Services furnished to the Auditor

GFOA CPFO Exam - Topic 10 Question 42 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 42
Topic #: 10
[All CPFO Questions]

Which of the following is NOT included in RFPs (Request for proposals) regarding audit?

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Suggested Answer: C

by Mitzie at May 04, 2022, 07:04 PM

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Rodolfo
11 months ago
Agreed, D is definitely not a standard part of RFPs.
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Marjory
11 months ago
Wait, services furnished to the auditor? That seems odd!
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Rusty
11 months ago
I thought compensations were always included?
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Barrett
12 months ago
Definitely not D, that's part of the process!
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Jeff
12 months ago
RFPs usually include scope of work and selection criteria.
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Lawrence
12 months ago
I believe services furnished to the auditor might be the odd one out here, but I can't recall if it's explicitly excluded from RFPs.
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Doug
12 months ago
I'm really uncertain about this one. I feel like compensations and terms of payment are always mentioned, but what about services to the auditor?
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Socorro
12 months ago
I think the scope of work is definitely included in RFPs, but I'm not sure about the services furnished to the auditor.
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Gladys
12 months ago
I remember practicing a question similar to this, and I think selection criteria is usually part of RFPs too.
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Lore
12 months ago
Hmm, I'm a bit confused on the difference between strict liability, current liability, and non-current liability. I'll need to review those concepts before answering this.
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Gearldine
12 months ago
The wording of the options is tricky, I'll need to read them closely to pick the right 3 answers.
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Annette
1 year ago
Okay, let me break this down. The Engagement Experience Portal is probably related to things like offers and service catalog entries. I'll need to carefully consider each option.
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Dustin
1 year ago
I'm feeling pretty confident about this one. I remember discussing the importance of management approval for Information Security policies in class, so I'll go with option B.
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