GFOA CPFO Exam - Topic 11 Question 114 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 114
Topic #: 11

Gas, taxes restricted for road maintenance and repair, property taxes restricted for downtown development, property taxes restricted for fire tax districts and state tobacco settlement funds restricted for smoking reduction and economic development are settled by Government with the help of:

AMajor Federal Government Funds

BFinancial sector Funds

CSpecial revenue funds

DNone of these

Show Suggested Answer

Suggested Answer: C

by Marylyn at Jul 14, 2025, 11:32 AM

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Jettie

6 months ago

Wait, are we sure about that? Seems a bit off to me.

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William

6 months ago

I thought it was Major Federal Government Funds?

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Ahmed

6 months ago

I thought property taxes were just for local stuff, not for all that.

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Jennifer

6 months ago

Yeah, I agree with John, special revenue funds make sense here.

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Milly

6 months ago

Special revenue funds are definitely the way to go for this.

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Winfred

7 months ago

I’m leaning towards D, None of these, but I can't recall the exact reasoning. It just feels like none of the options fit perfectly.

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Jestine

7 months ago

I feel like I've seen a question like this before, and it was about how funds are designated for specific uses. C seems right, but I'm a bit uncertain.

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Cassie

7 months ago

I'm not entirely sure, but I remember something about how taxes are allocated. Could it be A, Major Federal Government Funds?

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Lauran

7 months ago

I think the answer might be C, Special revenue funds, since they are often used for specific purposes like road maintenance and development.

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Felicia

7 months ago

Okay, I've got a strategy - I'll read through the options and see which one best matches the information given in the question.

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Dierdre

8 months ago

Hmm, I'm a bit unsure about this one. I'll need to think it through carefully to make sure I don't miss anything.

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Jerry

8 months ago

The examples provided give me a good sense of the types of funds involved, so I think I can narrow it down to the best answer.

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Rosalia

8 months ago

This question seems straightforward, but I want to make sure I understand the key details before answering.

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Ronnie

9 months ago

I disagree, I believe it is special revenue funds because they are earmarked for specific uses.

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Lucina

10 months ago

A) Major Federal Government Funds

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Jarod

10 months ago

I think it makes sense, as these funds are specifically designated for certain purposes.

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Susy

10 months ago

C) Special revenue funds

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Jimmie

11 months ago

C is the obvious choice here. These funds are probably the government's way of making sure they have enough money to fix the roads and keep the fire department running, while also trying to curb smoking. Multitasking at its finest!

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Andra

11 months ago

I'm going with C as well. These special revenue funds sound like the government's way of keeping their finances in order, or at least trying to.

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Coleen

11 months ago

Definitely C. Special revenue funds are the way to go for these kinds of government-restricted funds. It's like having a secret stash of cash for all the fun stuff.

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