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GFOA CPFO Exam - Topic 3 Question 28 Discussion

Commercial papers are sold through:
D) Both B&C
A) Secondary market
B) Dealers
C) Directly by issuers and has no secondary market

GFOA CPFO Exam - Topic 3 Question 28 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 28
Topic #: 3
[All CPFO Questions]

Commercial papers are sold through:

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Suggested Answer: D

by Maryann at May 04, 2022, 11:43 AM

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Emilio
11 months ago
Just to clarify, commercial papers are short-term debt instruments.
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Dick
11 months ago
Yeah, it's definitely B and C together!
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Abel
11 months ago
Wait, are you sure about that? I thought they had a secondary market.
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Thersa
12 months ago
Totally agree, option C is correct.
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Toi
12 months ago
Commercial papers are sold directly by issuers, no secondary market!
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Dominic
12 months ago
I’m leaning towards D because it seems like both dealers and issuers are part of the process, but I’m not completely confident.
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Cordell
12 months ago
I feel like there was something about dealers being involved too, but I can't recall the exact details.
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Fidelia
12 months ago
I remember practicing a question about this, and I think the answer was that they are sold directly by issuers, so C might be right.
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Viola
12 months ago
I think commercial papers are sold directly by issuers, but I'm not sure if they have a secondary market.
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Annamae
12 months ago
This is a good test of my understanding of purchase card controls. I'll methodically go through the options and select the one that does not fit with the others.
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Cecilia
1 year ago
Okay, I've got it! The answer has to be B - efforts to help employees achieve success both at work and at home. That's the only option that directly addresses the company supporting work-life balance, which is what "work-life effectiveness" is all about.
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Milly
1 year ago
Ah, this is a classic factorial design. I'm pretty confident the right answer is C - fractional factorial. The image shows only a subset of the possible factor combinations, which is the key characteristic of a fractional factorial.
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