GFOA Exam CPFO Topic 11 Question 84 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 84
Topic #: 11

[All CPFO Questions]

Program, Fundraising and administrative are the types of

AAssets

BLiabilities

CExpense

DNone of these

Show Suggested Answer

Suggested Answer: D

by Helene at Apr 08, 2024, 10:41 AM

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Esteban

2 months ago

Finally, a question I can answer without using my trusty 'eeny, meeny, miny, moe' method. C all the way, baby!

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Bernadine

22 days ago

I'm pretty sure it's C) Expense.

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Janine

1 months ago

No way, it's definitely B) Liabilities.

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Tracie

1 months ago

I think it's A) Assets.

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Lemuel

3 months ago

Wait, are we sure these aren't just different types of fundraising strategies? You know, like bake sales, car washes, and that weird guy who juggles on the street corner.

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Chaya

1 months ago

C) Expense

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Tawny

2 months ago

B) Liabilities

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Franchesca

2 months ago

A) Assets

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Genevieve

3 months ago

Hmm, I was thinking these might be different categories of nonprofit activities, not financial classifications. But I guess C is the best answer.

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Cory

1 months ago

D) None of these

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Pearline

2 months ago

C) Expense

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Mee

2 months ago

B) Liabilities

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Leandro

3 months ago

A) Assets

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Owen

3 months ago

I'm pretty sure these are types of expenses, not assets or liabilities. C seems like the obvious choice here.

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Stephane

2 months ago

Yeah, I agree. C is the correct answer.

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Louvenia

3 months ago

I think you're right, those types are definitely expenses.

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Elliott

3 months ago

That's true, they do involve spending money to operate.

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Thad

3 months ago

I think Program and Fundraising could be considered expenses too.

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Elliott

3 months ago

Program, Fundraising and administrative are the types of assets.

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