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IIA Exam IIA-CGAP Topic 9 Question 69 Discussion

Actual exam question for IIA's IIA-CGAP exam
Question #: 69
Topic #: 9
[All IIA-CGAP Questions]

All of The following are considered abuses of public debt EXCEPT:

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Suggested Answer: C

by Laurel at Dec 25, 2023, 03:01 PM

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Bernardo
2 months ago
This quiz is a real minefield, but I think I've got it. The answer has to be C - not borrowing where corruption is rampant. That's the only one that doesn't scream 'public debt abuse'!
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Wade
2 months ago
I'm going with A. Borrowing to finance operating expenditures? That's just asking for trouble. Public debt should be used responsibly, not to fund the government's daily expenses.
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Lashawn
1 months ago
C) Not borrowing where corruption is widespread.
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Cathern
1 months ago
B) Borrowing beyond ability to repay.
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Kattie
1 months ago
A) Borrowing to finance operating expenditures.
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Rosendo
3 months ago
Haha, this question is a real head-scratcher. I bet the answer is D - borrowing for no-return projects sounds like the perfect way to abuse the system!
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Jeanice
1 months ago
Let's go with D then, it does make sense when you think about it.
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German
2 months ago
I see your point, but I still think D is the most likely choice.
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Socorro
2 months ago
I'm not so sure, I think C could also be a possibility.
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Krystal
3 months ago
I think you might be onto something there, D does seem like a likely answer.
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Bev
3 months ago
But borrowing to finance operating expenditures is a clear abuse of public debt, so it can't be the correct answer.
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Eden
3 months ago
I disagree, I believe the answer is A.
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Kerry
3 months ago
Hmm, I'm conflicted on this one. I think B might be the exception since borrowing beyond your ability to repay seems like a surefire way to abuse public debt.
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Johna
2 months ago
C) Not borrowing where corruption is widespread.
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Adelle
2 months ago
A) Borrowing to finance operating expenditures.
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Dana
2 months ago
C) Not borrowing where corruption is widespread.
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Kirby
2 months ago
A) Borrowing to finance operating expenditures.
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Bev
3 months ago
I think the answer is C.
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Bettina
3 months ago
But borrowing to finance operating expenditures is a clear abuse of public debt, so it can't be the answer.
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Fernanda
3 months ago
I disagree, I believe the answer is A.
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Emilio
3 months ago
I'm pretty sure the correct answer is C. Not borrowing where corruption is widespread. Seems like the best way to avoid public debt abuse.
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Angella
2 months ago
D) Borrowing to finance no-return projects or speculative facilities.
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Olen
2 months ago
C) Not borrowing where corruption is widespread.
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Owen
3 months ago
B) Borrowing beyond ability to repay.
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Chery
3 months ago
A) Borrowing to finance operating expenditures.
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Bettina
4 months ago
I think the answer is C.
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