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GFOA Exam CPFO Topic 6 Question 89 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 89
Topic #: 6
[All CPFO Questions]

As electronic commerce is the ripe of FRAUD, governments should secure bank security services that reduce the possibility of fraud, including all of these EXCEPT:

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Suggested Answer: C

by Reita at May 31, 2024, 02:28 PM

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Eveline
1 months ago
I don't know, this question is making my head spin. Maybe the answer is a magic trick that makes all the fraud disappear? Abracadabra, no more fraud!
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Bonita
16 days ago
C) Reverse Positive pay
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Josefa
21 days ago
B) ACH block
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Celeste
27 days ago
A) Positive pay
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Eun
1 months ago
This is a tough one. A and B both sound like they could help reduce fraud, but I'm not familiar with the term 'None of these'. Hmm, maybe I should have paid more attention in my e-commerce class.
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Rhea
1 months ago
I'm pretty sure the answer is C. Reverse positive pay seems like it would actually increase the possibility of fraud, not reduce it.
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Stephania
16 days ago
I would go with A) Positive pay as the best choice for reducing fraud.
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Yuette
21 days ago
Yeah, I agree. It doesn't seem like a good option for reducing fraud.
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Samira
1 months ago
I think you're right. Reverse positive pay does sound like it could make things worse.
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Ena
2 months ago
This question is definitely trying to trick us. Fraud is a serious issue, and the governments should be doing everything they can to reduce the risk.
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Stephaine
1 months ago
B) ACH block
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Bettina
1 months ago
A) Positive pay
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Val
2 months ago
I believe they should not include option D, None of these, because that doesn't actually help prevent fraud.
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Miriam
2 months ago
I agree, but which option do you think they should NOT include?
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Val
2 months ago
I think governments should definitely secure bank security services to reduce fraud.
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