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GFOA CPFO Exam - Topic 12 Question 51 Discussion

''Don't risk a lot for a little.'' This principle should be followed during:
D) Assumption of risk
A) Charging losses
B) Using insurance deductibles
C) Small and infrequent losses

GFOA CPFO Exam - Topic 12 Question 51 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 51
Topic #: 12
[All CPFO Questions]

''Don't risk a lot for a little.'' This principle should be followed during:

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Suggested Answer: D

by Skye at May 03, 2022, 08:52 PM

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Margart
9 months ago
This principle is crucial when using insurance deductibles.
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Kassandra
9 months ago
Wait, are we really saying that? Seems a bit too simplistic.
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Marvel
9 months ago
Yeah, I think it's wise to avoid risking too much for little returns.
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Yuki
10 months ago
I disagree, sometimes you have to take risks for bigger gains!
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Reed
10 months ago
Definitely applies to small and infrequent losses.
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Freeman
10 months ago
I definitely studied something about charging losses, but I thought it was more about managing larger risks rather than this principle.
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Hubert
10 months ago
I feel like "Don't risk a lot for a little" might apply to assumption of risk, but I can't quite recall the details.
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Stephen
10 months ago
I remember a practice question that discussed risk management strategies, and it emphasized not overextending for small gains. Could be related to small and infrequent losses?
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Latrice
10 months ago
I think this principle relates to insurance deductibles, but I'm not entirely sure if it's about minimizing losses or something else.
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Jeff
10 months ago
This looks like a pretty straightforward configuration task. I'd start by setting up the NAT on R2 using a standard access list, then configure the NTP server and client, the DHCP server on R1, and finally the SSH access on R3.
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Janessa
10 months ago
I think the key here is to focus on the integration of SAP and non-SAP external solutions, as mentioned in the question. That suggests the answer is likely to be one of the options that involves connecting to an external system or data source. Based on that, I'm leaning towards option D - address checks with the Enrichment Framework.
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Arlette
10 months ago
I've got this! Asymmetric encryption, also known as public-key cryptography, is the algorithm that uses a public key and a private key to encrypt and decrypt data. That's the one that fits the description in the question.
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