GFOA Certified Public Finance Officer CPFO Exam Questions

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Total 203 questions
Question 1

The financial adviser gives advice regarding the financial feasibility of a bond. Thus, the financial adviser's fee should not be contingent on a bond's sale because of:



Answer : A


Question 2

In addition to interim financial reports, governments may report on interim basis:



Answer : C


Question 3

There are four types of measure. All of the following are out of those measures EXCEPT:



Answer : D


Question 4

Enterprise funds and internal service funds are the two types of ______________.



Answer : B


Question 5

An ISF has the following capital equipment in service for the stated time. Based upon the information below, using the straight-line method, what should be charged for depreciation at year-end?



Answer : B


Question 6

Once the budget has been adopted, the _______ executes it to ensure that legislative intent is met and the budget stays in balance.



Answer : A


Question 7

Governments and non-profits obtain services from Three Types of banks. Which one of the following id not out those banks?



Answer : C


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Total 203 questions