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GFOA Exam CPFO Topic 4 Question 97 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 97
Topic #: 4
[All CPFO Questions]

The National Committee on Municipal Accounting (NCMA), sponsored by the Municipal Finance Officers Association (later Government Finance Association [GFOA]), published in what is called, for obvious reasons, the ''Blue Book.'' The third Blue book was titled as:

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Suggested Answer: A

by Hyun at Sep 19, 2024, 05:08 PM

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Denae
2 months ago
As an accountant, I feel obligated to say A. But as a human, 'Blue Book III' just cracks me up.
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Reid
2 months ago
Federal accounting? In a book about municipal accounting? I don't think so, D is just silly.
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Elenora
25 days ago
Let's go with A) Governmental Accounting, Auditing, and Financial Reporting.
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Dwight
30 days ago
I agree, D does seem silly. It must be A or C.
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Annice
1 months ago
C) Blue book III
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Doretha
1 months ago
A) Governmental Accounting, Auditing, and Financial Reporting
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Sharika
3 months ago
Haha, 'Blue Book III'? What is this, a car manual? Definitely A.
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Hester
1 months ago
B) Federal Accounting and Financial Reporting
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Laila
1 months ago
Haha, 'Blue Book III'? What is this, a car manual? Definitely A.
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Corrie
2 months ago
A) Governmental Accounting, Auditing, and Financial Reporting
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Fredric
3 months ago
I'm gonna go with A as well. The Blue Book is the go-to resource for GAAP in the public sector.
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Tawna
2 months ago
Yes, that's correct. The Blue Book is definitely a key resource for GAAP in the public sector.
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Joaquin
3 months ago
I think the answer is A) Governmental Accounting, Auditing, and Financial Reporting.
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Harris
3 months ago
I'm not sure, but I think it's C) Blue book III.
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Maxima
3 months ago
A seems like the obvious choice here. The Blue Book is known for its guidance on governmental accounting and reporting.
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Mirta
1 months ago
D is incorrect. The Blue Book is focused on governmental accounting.
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Kiley
1 months ago
D) None of these
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Cheryll
2 months ago
Definitely not C. It's about governmental accounting, not just a generic title.
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Ula
2 months ago
C) Blue book III
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Lettie
2 months ago
No, it's not B. The Blue Book is specifically for governmental accounting.
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Josephine
2 months ago
B) Federal Accounting and Financial Reporting
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Alease
3 months ago
I agree, A is the correct answer.
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Amos
3 months ago
A) Governmental Accounting, Auditing, and Financial Reporting
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Salena
3 months ago
I agree with Dahlia, the Blue Book III is about Governmental Accounting.
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Dahlia
4 months ago
I think the answer is A) Governmental Accounting, Auditing, and Financial Reporting.
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