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GFOA Exam CPFO Topic 12 Question 64 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 64
Topic #: 12
[All CPFO Questions]

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

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Suggested Answer: D

Contribute your Thoughts:

Beata
1 months 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.
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Xochitl
6 days ago
I'm going with A. Internal funds seem more likely to me.
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Corrie
8 days ago
I think it's C too. Private-purpose trust does sound a bit strange.
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Renea
2 months ago
Hmm, I'm not too sure about this one. I'll have to double-check my notes, but I'm leaning towards C.
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Jose
2 days ago
C) Private purpose Trust Funds
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Allene
21 days ago
B) Capital Assets
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Mica
1 months ago
A) Internal Funds
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Shannon
2 months ago
Definitely C. I remember learning about these in my finance class. Private-purpose trust funds are a whole category on their own.
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Stephen
6 days ago
Yeah, private-purpose trust funds stand out among the types mentioned.
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Kerry
12 days ago
I think it's C too, private-purpose trust funds are different from the others.
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Kaitlyn
21 days ago
I agree, private-purpose trust funds are a unique category.
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Catherin
2 months ago
I'm not sure, but I think it's between A) Internal Funds and C) Private purpose Trust Funds.
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Frederica
2 months ago
I agree with Santos, those types are related to private purpose trust funds.
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Maryann
2 months ago
I think the answer is C. These are all different types of trust funds, not internal funds or capital assets.
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Rolland
1 months ago
I agree, the answer is C. They are all types of trust funds.
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Anisha
1 months ago
D) None of these
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Daryl
1 months ago
C) Private purpose Trust Funds
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Adelle
1 months ago
B) Capital Assets
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Aileen
1 months ago
A) Internal Funds
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Santos
2 months ago
I think the answer is C) Private purpose Trust Funds.
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