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GFOA CPFO Exam - Topic 5 Question 16 Discussion

Like revenue bonds, ___________ bonds finance projects that are secured by revenue. Most of these bonds do not require voter approval, nor are they subject the Go cap.
D) so bonds (special obligation bonds)
A) Revenue bonds
B) term financed bonds
C) Tax-exempt bonds

GFOA CPFO Exam - Topic 5 Question 16 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 16
Topic #: 5
[All CPFO Questions]

Like revenue bonds, ___________ bonds finance projects that are secured by revenue. Most of these bonds do not require voter approval, nor are they subject the Go cap.

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Suggested Answer: D

by Kirk at May 03, 2022, 12:14 PM

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Merri
7 months ago
Revenue bonds are definitely a safer bet for financing projects.
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Janine
7 months ago
Wait, are you sure about that? Sounds a bit off.
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Yuonne
8 months ago
Totally agree, D seems right!
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Maryann
8 months ago
I think it's D, those special obligation bonds fit the bill.
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Justine
8 months ago
So bonds are similar to revenue bonds, got it.
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Rosendo
8 months ago
I feel like I should know this, but I keep mixing up revenue bonds and tax-exempt bonds. I guess I’ll go with C just to be safe.
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Hayley
8 months ago
I practiced a similar question last week, and I think it was about revenue bonds being similar to special obligation bonds. So maybe D again?
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Aleisha
8 months ago
I'm not entirely sure, but I remember something about tax-exempt bonds being related to revenue. Could it be C?
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Renea
8 months ago
I think the answer might be D, the so bonds, since they are often used for specific projects without needing voter approval.
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Beckie
8 months ago
Hmm, this one seems straightforward. I think the key is focusing on the permissions the admin has assigned to the marketing users.
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Olive
8 months ago
This looks like a straightforward question about new features in Oracle E-Business Suite Release 12. I'll start by reviewing the options and thinking about which one is most likely to facilitate the generation of accounting entries.
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Leonardo
8 months ago
This looks like a straightforward question on authentication and federation protocols. I'll need to carefully review the requirements and compare the features of each option.
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