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GFOA CPFO Exam - Topic 12 Question 64 Discussion

Posted by Lavonna on Jan 10, 2023 at 08:29 PM

Pension trust, investment trust, private-purpose trust, and agency are the types of:

Suggested Answer: D

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35 comments · newest first
NO
Nobuko 11 months ago
I always thought pension trusts were separate from the rest.
SA
Sanjuana 11 months ago
I thought agency was different, but I guess it fits here.
RO
Rodrigo 12 months ago
Wait, are we sure about that? Seems too simple.
MA
Mammie 12 months ago
Totally agree, it's definitely C!
BE
Bettina 12 months ago
These are all types of private purpose trusts.
LI
Lisbeth 1 year ago
I definitely studied pension and investment trusts, but I can't quite remember how they fit into these categories.
FR
France 1 year ago
I’m leaning towards "None of these," but I recall something about agency funds being a bit different.
MA
Marla 1 year ago
I remember practicing a question about different types of funds, and I feel like this could be a trick question.
DO
Dorian 1 year ago
I think these types of trusts might relate to private purpose trust funds, but I'm not entirely sure.
KR
Kristel 1 year ago
Okay, I think the key here is to update the configuration to select the new theme. That's got to be the reason.
HI
Hildred 1 year ago
Hmm, I'm not sure about this one. I'll need to review the AACC installation requirements more closely to make sure I understand the right steps.
DE
Denny 1 year ago
Advertising a default route seems like the easiest solution, but I want to make sure that's the right approach given the requirement to reach the Internet through ISP1.
RO
Robt 1 year ago
I'm torn between turnover of staff and identification of excess staff. Both seem relevant to internal analysis, but I can't recall which is more critical.
LE
Leanna 1 year ago
Okay, let me review what I know about mmWave. I think the key is to identify the option that doesn't fit the typical use cases.
BE
Beata 1 year ago
This is a tricky one, but I'm going with C. Who came up with 'private-purpose trust' anyway? Sounds like something out of a bad comedy sketch.
ST
Stephane 1 year ago
↳ replying to Beata
I'll go with B. Capital assets make the most sense in this context.
XO
Xochitl 1 year ago
↳ replying to Beata
I'm going with A. Internal funds seem more likely to me.
CO
Corrie 1 year ago
↳ replying to Beata
I think it's C too. Private-purpose trust does sound a bit strange.
RE
Renea 1 year ago
Hmm, I'm not too sure about this one. I'll have to double-check my notes, but I'm leaning towards C.
JO
Jose 1 year ago
↳ replying to Renea
C) Private purpose Trust Funds
AL
Allene 1 year ago
↳ replying to Renea
B) Capital Assets
MI
Mica 1 year ago
↳ replying to Renea
A) Internal Funds
SH
Shannon 1 year ago
Definitely C. I remember learning about these in my finance class. Private-purpose trust funds are a whole category on their own.
ST
Stephen 1 year ago
↳ replying to Shannon
Yeah, private-purpose trust funds stand out among the types mentioned.
KE
Kerry 1 year ago
↳ replying to Shannon
I think it's C too, private-purpose trust funds are different from the others.
KA
Kaitlyn 1 year ago
↳ replying to Shannon
I agree, private-purpose trust funds are a unique category.
CA
Catherin 1 year ago
I'm not sure, but I think it's between A) Internal Funds and C) Private purpose Trust Funds.
FR
Frederica 2 years ago
I agree with Santos, those types are related to private purpose trust funds.
MA
Maryann 2 years ago
I think the answer is C. These are all different types of trust funds, not internal funds or capital assets.
RO
Rolland 1 year ago
↳ replying to Maryann
I agree, the answer is C. They are all types of trust funds.
AN
Anisha 1 year ago
↳ replying to Maryann
D) None of these
DA
Daryl 1 year ago
↳ replying to Maryann
C) Private purpose Trust Funds
AD
Adelle 1 year ago
↳ replying to Maryann
B) Capital Assets
AI
Aileen 1 year ago
↳ replying to Maryann
A) Internal Funds
SA
Santos 2 years ago
I think the answer is C) Private purpose Trust Funds.
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