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GFOA CPFO Exam - Topic 11 Question 33 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 33
Topic #: 11
[All CPFO Questions]

EFT is most widely used for direct deposit of payroll but other common applications include all of the following EXCEPT:

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Suggested Answer: D

by Tegan at May 09, 2022, 06:48 PM

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Hayley
5 months ago
D seems correct, all listed are EFT uses!
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Mari
6 months ago
Wait, are you sure none of these are exceptions?
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Whitney
6 months ago
C is right, those are all EFT applications.
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Lashon
6 months ago
I thought payroll tax payments were included too?
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Bernardo
6 months ago
A is definitely a common use for EFT.
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Jamie
6 months ago
I recall that EFT is used for various government payments, but I can't quite remember if payroll tax payments are included. This is tricky!
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Graciela
6 months ago
I practiced a similar question where we had to identify exceptions in payment methods. I feel like pension payments might be the odd one out here.
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Barrett
6 months ago
I think all the options listed are common uses of EFT, so maybe "None of these" is the right choice?
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Frederick
6 months ago
I remember studying EFT applications, but I'm not sure if payroll tax payments are included.
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Paris
6 months ago
Hmm, this looks like a tricky one. I'm not sure I fully understand how to calculate the ETC based on the schedule variance. I might need to review my notes on earned value management before tackling this.
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Zack
6 months ago
Hmm, this seems like a tricky one. I'll start by checking the SFP and the cable, since those are the most obvious physical components that could be causing the CRC errors.
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Sylvie
7 months ago
I'm a bit confused by this question. I know there are ways to manage logs, but I'm not familiar with the specific commands mentioned here. I'll have to guess and hope for the best.
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