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

22 days 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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Lemuel

1 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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Tawny

13 days ago

B) Liabilities

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Franchesca

20 days ago

A) Assets

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Genevieve

1 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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Pearline

19 days ago

C) Expense

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Mee

29 days ago

B) Liabilities

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Leandro

30 days ago

A) Assets

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Owen

2 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

18 days ago

Yeah, I agree. C is the correct answer.

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Louvenia

1 months ago

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

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Elliott

2 months ago

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

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Thad

2 months ago

I think Program and Fundraising could be considered expenses too.

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Elliott

2 months ago

Program, Fundraising and administrative are the types of assets.

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