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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

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

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Beata
21 days 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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Renea
1 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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Allene
3 days ago
B) Capital Assets
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Mica
13 days ago
A) Internal Funds
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Shannon
1 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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Kaitlyn
3 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
13 days ago
I agree, the answer is C. They are all types of trust funds.
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Anisha
16 days ago
D) None of these
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Daryl
19 days ago
C) Private purpose Trust Funds
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Adelle
22 days ago
B) Capital Assets
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Aileen
26 days 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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