GFOA CODE: CPFO Exam Name: Certified Public Finance Officer (CPFO)
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Question: 1 According to the AGA Code of Ethics, a government agency contract manager using a vendor as a personal reference would constitute: A. fraud. B. professional incompetence. C. a conflict of interest. D. nepotism.
Answer: C Question: 2 A government agency’s mission statement should include: A. services and accomplishments. B. organizational structure and hierarchy. C. major functions and goals. D. performance measures and reports.
Answer: C Question: 3 One way in which federal and state governments influence local governments is by: A. providing block grants. B. issuing ordinances. C. authorizing debt. D. setting budget authority.
Answer: A Question: 4 A method used to assess accountability of state agencies includes:
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A. a bond rating review. B. program evaluation. C. judicial review. D. an ordinance compliance audit.
Answer: B Question: 5 A discretionary grant is characterized by a: A. transfer of funds based upon a formula. B. transfer of funds for broadly-defined purposes. C. transfer of funds for specific purposes. D. voluntary contribution that confers no rights nor benefits to the giver.
Answer: C Question: 6 A formal estimate of the resources a government or government unit plans to expend in a given period is a: A. PAR. B. CAFR. C. budget. D. cost benefit analysis.
Answer: C Question: 7 Managerial accounting helps officials measure the cost-effectiveness of operations by: A. forecasting future revenue needs. B. controlling expenses under budgetary law. C. combining financial and non-financial data. D. demonstrating compliance with applicable laws and regulations.
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Answer: A Question: 8 Debt refunding proceeds would be reported as: A. a revenue. B. a liability. C. an other financial use on the operating statement. D. an other financing source on the operating statement.
Answer: D Question: 9 A program accountability study can be used to determine all of the following EXCEPT: A. the extent to which a program has been correctly implemented. B. whether program funds are being expended properly. C. whether the program is reaching its intended goal. D. if budgets were allocated equitably.
Answer: D Question: 10 Based upon the performance measures report below provided to a local governmental oversight committee, what conclusions may be made?
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A. More fire engines and fire companies are needed. B. The arson task force fielded in FY07 is having a significant impact. C. A fire engine bond issuance is needed. D. State fire marshal mandates are being met.
Answer: B
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GFOA CODE: CPFO Exam Name: Certified Public Finance Officer (CPFO)
Click the link below to buy full version as Low as $39
http://www.testsexpert.com/CPFO.html Microsoft
Cisco
IBM
HP
Other
MCTS 70-336 70-337
CCNA 640-911 642-998 642-997 642-902
IBM Lotus
00M-244 000-M60
AIS
MBS 70-332
CCNP 642-832 642-813 642-825 642-845
LOT-442 000-M44
MCAS 77-602
CCSP 642-627 642-637 642-647 642-545
000-444 000-910
MCSE 70-281 70-282
CCIE 350-001 350-018 350-029 350-060
COG-105 COG-185
MCSA 2003 70-620
DATA CENTER 642-972 642-973 642-974 642-975
000-005 000-032
70-323 9L0-063 9L0-010 9L0-517 HP2-E53 70-321 650-179 E20-533 00M-646 MB2-876 646-206 9L0-412 MB6-884 220-701 650-196 3305 MB6-871 HP2-Z22 9L0-518 9A0-146 HP2-H23 000-184 1Z0-527 HP2-B91 000-781 M70-201 N10-004 7004 HP3-X11 312-50v8
70-462
98-361
MB3-861
77-601 77-604 70-284
70-461 70-680
70-463
MB3-862
77-605 70-285
70-291
Microsoft
6
IBM
LOT-403 000-M62
IBM Mastery
000-M43 000-M45
HP0-311
HP0-M28
HP0-A25
HP0-M30
APC
HP2-K10 HP2-B93
HP0-M98 HP0-H22
Solutions Expert
MASE HP0-J33 HP0-M48 HP0-M49 HP0-M50
IBM Cognos
ASE
000-640 000-913 COG-180 COG-200
IBM Specialist
000-015 000-042
HP0-066 HP0-781
HP0-082 HP0-782
CSE
HP0-090 HP0-277
HP0-276 HP0-760
HP Cisco Oracle Instant download after purchase
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