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GFOA CPFO Exam - Topic 7 Question 100 Discussion

Actual exam question for GFOA's CPFO exam
Question #: 100
Topic #: 7
[All CPFO Questions]

Most Government Issue bond in denominations of $5000, which underwriters call:

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Suggested Answer: D

by Alpha at Sep 14, 2024, 01:49 AM

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Burma
6 months ago
Yeah, I've always heard them referred to as 'Fives'.
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Darrel
6 months ago
Wait, are you serious? I never heard of 'Base bonds' before.
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Mariann
6 months ago
Pretty sure it's both A & B.
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Mabelle
7 months ago
I thought they were called 'Five bonds' too!
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Graham
7 months ago
It's definitely 'Fives' for $5000 bonds.
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Coleen
7 months ago
I definitely recall "Fives" being the standard term, but I guess "Five bonds" could also be correct. Maybe it's D?
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Melynda
7 months ago
I’m a bit confused. I thought "Base bonds" was a term used for something else. Is that even a common term for these bonds?
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Ludivina
7 months ago
I feel like I came across a question similar to this in practice, and it mentioned "Five bonds" too. Could it be both A and B?
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Gail
8 months ago
I think I remember that $5000 bonds are often called "Fives," but I'm not entirely sure if that's the only term used.
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Herschel
8 months ago
Ah, I remember learning about this in class. Government bonds in $5000 denominations are commonly referred to as "Fives" by underwriters. I'm confident that's the right answer.
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Carrol
8 months ago
This is a tricky one. I'm not sure if the correct answer is "Five bonds" or "Fives." I'll have to review my notes on bond terminology to make an educated guess.
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Iraida
8 months ago
Hmm, I'm a little unsure about this one. I know government bonds come in different denominations, but I'm not familiar with the specific term they use for the $5000 ones. I'll have to think this through carefully.
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Myrtie
8 months ago
This looks like a straightforward question about financial terminology. I'm pretty confident I know the answer, but I'll double-check the options just to be sure.
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Pearlie
8 months ago
Okay, I think I've got this. The question is asking about the term underwriters use for government bonds in $5000 denominations. Based on the options, I'm going to go with "Fives" as my answer.
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Geoffrey
8 months ago
Okay, I've got this. The "D" in DMAIC stands for "Decide" - I'm confident that's the right answer.
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Catarina
2 years ago
Haha, 'Five bonds'? What is this, a bond for giants? I'm going with B) Fives. It's the standard, just like my standard-sized wallet.
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Solange
2 years ago
A) 'Five bonds'? That's a bit wordy, don't you think? I'm going with B) Fives. It's more concise and rolls off the tongue better.
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Karima
2 years ago
C) Base bonds? Really? That's a new one to me. Gotta love these government bonds and their fancy names.
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Vicky
2 years ago
C) Base bonds? Really? That's a new one to me. Gotta love these government bonds and their fancy names.
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Leonor
2 years ago
B) Fives
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Clorinda
2 years ago
A) 'Five bonds'
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Samira
2 years ago
I'm not sure about this one, but I think I'll go with D) Both A&B as well.
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Josephine
2 years ago
I agree with Zita, because $5000 divided by 1000 equals 5, so it makes sense to call them 'Five bonds' or just 'Fives.'
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Tran
2 years ago
I think the answer is B) Fives. It just makes sense, right?
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Caitlin
2 years ago
No problem! Happy to help clarify.
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Selma
2 years ago
Oh, I see. Thanks for confirming that.
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Viva
2 years ago
Yes, you're correct. Fives is the term underwriters use for Government Issue bonds in denominations of $5000.
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Tu
2 years ago
I think the answer is B) Fives. It just makes sense, right?
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Milly
2 years ago
D) Both A&B sounds about right. I mean, who doesn't love a good 'Five bond'?
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Zita
2 years ago
I think the answer is D) Both A&B.
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