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GFOA CPFO Exam - Topic 11 Question 39 Discussion

General obligation (Go) bonds are typically repaid over 20 years and are usually sold:
A) Publicly to the lowest bidder
B) Privately to the lowest bidder
C) Publicly to the highest bidder
D) Privately to the highest bidder

GFOA CPFO Exam - Topic 11 Question 39 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 39
Topic #: 11
[All CPFO Questions]

General obligation (Go) bonds are typically repaid over 20 years and are usually sold:

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Suggested Answer: A

by Valentine at May 03, 2022, 09:50 PM

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Novella
7 months ago
20 years repayment? That's a long time!
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Leanora
7 months ago
Publicly to the highest bidder sounds right too.
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Therese
8 months ago
Wait, are you sure it's not privately to the lowest bidder?
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Becky
8 months ago
Definitely agree, it's all about transparency!
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Jacquelyne
8 months ago
Go bonds are usually sold publicly.
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Viva
8 months ago
I’m a bit confused; I thought Go bonds were always sold to the highest bidder, but that doesn't seem right now.
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Casey
8 months ago
I feel like it could be either publicly or privately, but I lean towards publicly.
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Yun
8 months ago
I remember practicing a question like this, and I think the answer was that they are sold publicly to the lowest bidder.
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Melvin
8 months ago
I think Go bonds are usually sold publicly, but I'm not sure if it's to the lowest or highest bidder.
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Catina
8 months ago
The internal audit department establishing audit controls to test policy effectiveness seems like a good option. That would help ensure the policies are actually being followed.
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Diane
8 months ago
I'm a bit confused by this question. I know we need to use a lightning-record-edit-form, but I'm not sure which input component is the best choice for the Salary__c field. I'll have to think this through carefully and review the documentation to make sure I select the right option.
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Eladia
8 months ago
Wait, what's a utility model? I don't recall learning about that in class. I'm leaning towards B. Patent, but I'm a bit unsure since I'm not familiar with all the IP concepts mentioned. Hmm, I'll have to make an educated guess on this one.
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Louis
8 months ago
I think I've got a good handle on this. The command set is clearly setting up some kind of IPv6 FlexVPN functionality, so I'll focus on the answer choices that mention IPv6 specifically.
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