GFOA CPFO Exam - Topic 9 Question 126 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 126
Topic #: 9

EFT is most widely used for direct deposit of payroll but other common applications include all of the following EXCEPT:

APension benefit payments

BPayroll tax payments to the Internal Revenue Service

CElectronic benefits transfer to recipients of the food stamp, Supplemental Security Income (SSI), Social Security, and Temporary Assistance to Needy Families (TANF) programs

DNone of these

Show Suggested Answer

Suggested Answer: D

by Eric at May 15, 2026, 01:38 PM

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