GFOA Exam CPFO Topic 6 Question 66 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 66
Topic #: 6

[All CPFO Questions]

The CAFR includes all of the following EXCEPT the:

Abasic financial statements.

BMD&A.

CRSI.

DPAR.

Show Suggested Answer

Suggested Answer: D

by Cordelia at Feb 27, 2023, 05:39 AM

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Tyisha

1 months ago

If I had a dollar for every time I had to remember what's in the CAFR, I'd be rich enough to buy the whole exam!

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Xochitl

15 days ago

B) MD&A.

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Helga

26 days ago

A) basic financial statements.

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Flo

1 months ago

Wait, what's a PAR? Is that some kind of financial statement I've never heard of? I'm just going to go with D and hope for the best.

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Milly

2 months ago

I'm a little confused, but I think C. RSI is the only thing not included in the CAFR. Am I right?

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Theresia

16 days ago

User 2: Yes, that's correct. The CAFR includes basic financial statements, MD&A, and PAR.

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Jade

25 days ago

User 1: I think you're right, RSI is not included in the CAFR.

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Xuan

2 months ago

I'm not sure, but I think D) PAR is the correct answer because it's the only one that doesn't seem to fit with the others.

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Eileen

2 months ago

The MD&A is definitely part of the CAFR, so B is the correct answer here.

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Junita

2 months ago

I agree with Gretchen, because the CAFR includes basic financial statements, MD&A, and RSI.

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Dana

2 months ago

I'm pretty sure the CAFR includes the basic financial statements, so I'm going with option D. PAR.

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Adela

26 days ago

No problem! It's always good to review and make sure we understand the different components of the CAFR.

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Christiane

1 months ago

Oh, I see. Thanks for clarifying that. I'll remember that for next time.

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Delisa

1 months ago

Actually, the CAFR does include the basic financial statements, but it does not include the PAR. So, the correct answer is D.

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Jesse

1 months ago

I think the CAFR includes the basic financial statements, so I'm going with option D. PAR.

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Gretchen

2 months ago

I think the answer is D) PAR.

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