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GFOA Exam CPFO Topic 3 Question 61 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 61
Topic #: 3
[All CPFO Questions]

Non-reciprocal interfund activities include interfund transfers of assets (e.g. cash, or goods) without repayment and______________.

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Suggested Answer: D

by Merilyn at Nov 20, 2022, 11:00 PM

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Sabrina
1 months ago
Wait, did they just slip in a 'goods' transfer option? I'm going to need a shopping cart for this exam!
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Sueann
4 days ago
D) Both A&B
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Adelle
8 days ago
C) Cost Allocation
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Eladia
12 days ago
B) Interfund exchange
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Michel
21 days ago
A) Interfund reimbursement
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Judy
2 months ago
The wording 'non-reciprocal' is the key here. Gotta be A, interfund reimbursement.
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Lezlie
13 days ago
So, it's definitely not an exchange or cost allocation.
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Alberto
19 days ago
Yeah, I agree. Non-reciprocal means without repayment.
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Roslyn
1 months ago
I think it's A, interfund reimbursement.
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Sarah
2 months ago
C'mon, it's gotta be C. Cost allocation is the only answer that doesn't scream 'repayment' to me.
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Vincenza
10 days ago
D) Both A&B
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Leonora
21 days ago
C) Cost Allocation
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Anthony
22 days ago
B) Interfund exchange
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Vallie
23 days ago
A) Interfund reimbursement
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Shawnda
27 days ago
D) Both A&B
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Corrie
1 months ago
C) Cost Allocation
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Justine
1 months ago
B) Interfund exchange
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Alonzo
2 months ago
A) Interfund reimbursement
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Stefanie
2 months ago
Hmm, you might be right. Interfund reimbursement and exchange both make sense in this context.
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Leonard
2 months ago
Hmm, this seems like a trick question. I'll go with D - both interfund reimbursement and exchange.
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Delmy
1 months ago
User2: I agree, I'll go with B.
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Han
1 months ago
User1: I think it's just interfund exchange.
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Javier
2 months ago
I disagree, I believe the answer is D) Both A&B.
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Stefanie
2 months ago
I think the answer is A) Interfund reimbursement.
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Destiny
2 months ago
Interfund transfers without repayment? Sounds like my weekend getaway plans!
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Inocencia
2 months ago
D) Both A&B
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Antione
2 months ago
C) Cost Allocation
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Justine
2 months ago
B) Interfund exchange
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Gwenn
2 months ago
A) Interfund reimbursement
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