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GFOA CPFO Exam - 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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Jannette
4 months ago
Cost allocation seems like the odd one out here.
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Elmira
4 months ago
Wait, are we sure about this? Sounds off.
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Merilyn
5 months ago
I thought interfund exchange was included too.
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Willodean
5 months ago
Definitely not interfund reimbursement!
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Ria
5 months ago
Non-reciprocal means no repayment, right?
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Yuriko
5 months ago
I feel like both A and B could be correct in some contexts, but I don't recall if they specifically apply to non-reciprocal activities.
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Moira
5 months ago
I'm a bit confused about cost allocation; it seems like it could be related, but I'm not sure if it counts as non-reciprocal.
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Rory
5 months ago
I remember practicing a question similar to this, and I think interfund exchange could fit here, so maybe B?
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Madelyn
5 months ago
I think non-reciprocal activities are more about transfers without expectation of repayment, so maybe it's not A?
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Mi
6 months ago
Okay, let's see here. The question is asking about common things done with the Phantom REST API. I'm pretty sure we used Django queries to interact with the API, and I remember something about using curl to create containers and add artifacts. I think option B is the way to go.
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Kimberely
6 months ago
Hmm, I'm not too familiar with Splunk Cloud and its integration with Phantom. I'll have to think this through carefully and review the relevant information to make sure I select the right answer.
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Sabrina
10 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
9 months ago
D) Both A&B
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Adelle
9 months ago
C) Cost Allocation
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Eladia
9 months ago
B) Interfund exchange
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Michel
10 months ago
A) Interfund reimbursement
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Judy
11 months ago
The wording 'non-reciprocal' is the key here. Gotta be A, interfund reimbursement.
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Lezlie
9 months ago
So, it's definitely not an exchange or cost allocation.
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Alberto
9 months ago
Yeah, I agree. Non-reciprocal means without repayment.
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Roslyn
10 months ago
I think it's A, interfund reimbursement.
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Sarah
11 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
9 months ago
D) Both A&B
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Leonora
10 months ago
C) Cost Allocation
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Anthony
10 months ago
B) Interfund exchange
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Vallie
10 months ago
A) Interfund reimbursement
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Shawnda
10 months ago
D) Both A&B
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Corrie
10 months ago
C) Cost Allocation
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Justine
10 months ago
B) Interfund exchange
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Alonzo
10 months ago
A) Interfund reimbursement
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Stefanie
11 months ago
Hmm, you might be right. Interfund reimbursement and exchange both make sense in this context.
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Leonard
11 months ago
Hmm, this seems like a trick question. I'll go with D - both interfund reimbursement and exchange.
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Delmy
10 months ago
User2: I agree, I'll go with B.
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Han
10 months ago
User1: I think it's just interfund exchange.
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Javier
11 months ago
I disagree, I believe the answer is D) Both A&B.
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Stefanie
11 months ago
I think the answer is A) Interfund reimbursement.
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Destiny
11 months ago
Interfund transfers without repayment? Sounds like my weekend getaway plans!
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Inocencia
11 months ago
D) Both A&B
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Antione
11 months ago
C) Cost Allocation
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Justine
11 months ago
B) Interfund exchange
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Gwenn
11 months ago
A) Interfund reimbursement
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