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GFOA Exam CPFO Topic 6 Question 59 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 59
Topic #: 6
[All CPFO Questions]

The principal advantage of a CIP (Capital improvement Program) is that______________, including their project designs, land acquisition, permitting, and acquiring financing.

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Suggested Answer: D

by Felicidad at Oct 13, 2022, 04:11 AM

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Precious
16 days ago
Planning and preparation are key for any major project, so A is the way to go. Although, the 'minimal costs' option did make me chuckle.
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Dusti
18 days ago
None of these? Really? The question is asking about the principal advantage of a CIP, so I'd have to go with A.
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Francoise
3 days ago
User1: A) It provides for sufficient lead time to plan for projects.
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Lili
4 days ago
User 1: I think the principal advantage of a CIP is that it provides for sufficient lead time to plan for projects.
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Princess
1 months ago
Orderly replacement of facilities? That's what a CIP is all about, so B is the winner in my book.
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Royce
9 days ago
B) ensures the orderly replacement of capital facilities
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Nickolas
19 days ago
Definitely, it helps avoid unexpected costs and disruptions.
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Arthur
20 days ago
I agree, having a plan in place for replacing facilities is crucial.
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Terrilyn
2 months ago
I think having sufficient lead time to plan for projects is crucial for the success of any capital improvement program.
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Trina
2 months ago
B) ensures the orderly replacement of capital facilities
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Tracey
2 months ago
Haha, 'minimal costs'? That's a good one! I think option C is way off the mark.
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Vivienne
1 months ago
User 2: Definitely, option A seems like the best choice.
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Niesha
1 months ago
User 1: I agree, option C seems unrealistic.
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Terrilyn
2 months ago
A) It provides for sufficient lead time to plan for projects.
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Jesusa
2 months ago
A CIP gives us plenty of time to plan out projects thoroughly, so option A is clearly the best choice here.
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