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GFOA CPFO Exam - Topic 11 Question 63 Discussion

Cash management program has all of the following components EXCEPT:
D) None of these
A) Trained personnel
B) A cash management policy
C) Sound investment practices

GFOA CPFO Exam - Topic 11 Question 63 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 63
Topic #: 11
[All CPFO Questions]

Cash management program has all of the following components EXCEPT:

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Suggested Answer: D

by Glenna at Dec 23, 2022, 10:42 PM

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Kyoko
7 months ago
Really? I doubt "none of these" is the right answer.
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Alberta
7 months ago
I agree, sound investment practices are key!
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Isaiah
7 months ago
Wait, none of these? That sounds off.
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Rusty
8 months ago
I think trained personnel is essential too.
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Christoper
8 months ago
A cash management policy is definitely a must-have!
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Katie
8 months ago
I’m leaning towards "None of these" because it seems like all the options could be part of a cash management program.
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Celeste
8 months ago
I feel like sound investment practices are essential too, but I can't recall if they are specifically listed as a component.
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Antione
8 months ago
I remember a practice question that asked about cash management policies, and I think that's a key part of it.
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Jestine
8 months ago
I think trained personnel is definitely important, but I'm not sure if it's a core component of the cash management program itself.
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Penney
8 months ago
Customer satisfaction seems like the obvious choice here. Measures like lines of code or mean time to failure are more objective, quantifiable metrics.
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Mona
8 months ago
Okay, I think I've got this. The relationship between Customer and Order is clearly one-to-many, since each customer can have multiple orders, but each order is associated with only one customer.
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Latanya
8 months ago
Based on the information provided, I'd say Matched Market Lift is probably the most appropriate solution. It allows you to compare the store's performance to a similar market that didn't receive the Facebook campaigns.
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