GFOA Exam CPFO Topic 4 Question 97 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 97
Topic #: 4

[All CPFO Questions]

In issuing bonds, Governments usually take following steps EXCEPT:

ACompensation balance

BDecision on the advisability of issuing debt

CHow to finance the debt

DPreparation, selling and administration of repayments.

Show Suggested Answer

Suggested Answer: A

by Hyun at Sep 19, 2024, 05:08 PM

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Dino

2 months ago

Wow, this is like a bond-issuing version of 'Wheel of Fortune'. I'll take 'C) How to finance the debt' for 500, Alex.

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Nell

1 months ago

Definitely. I'll remember that for next time.

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Merilyn

1 months ago

No problem! It's important to understand the steps involved in issuing bonds.

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Erick

1 months ago

Oh, I see. Thanks for the clarification.

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Rory

2 months ago

That's incorrect. The answer is actually D) Preparation, selling and administration of repayments.

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Oretha

2 months ago

I'm gonna go with A) Compensation balance. Sounds like some kind of kickback to me. Governments would never do that, right? *wink wink*

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Carey

3 months ago

B) Decision on the advisability of issuing debt? Seriously, who doesn't know that's a crucial step? This is too easy.

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Annamae

2 months ago

D) Preparation, selling and administration of repayments.

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Golda

2 months ago

C) How to finance the debt

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Gilma

2 months ago

A) Compensation balance

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Ty

3 months ago

Hmm, that makes sense. Governments do need to consider how to finance the debt when issuing bonds.

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Belen

3 months ago

D) Preparation, selling and administration of repayments. That's the key step in the bond issuance process. The rest are just standard procedures.

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Shala

3 months ago

I disagree, I believe the answer is C) How to finance the debt.

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Virgie

3 months ago

A) Compensation balance? What is this, some kind of corporate welfare for bond issuers? I think the correct answer is clearly C) How to finance the debt.

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Felton

2 months ago

D) Preparation, selling and administration of repayments.

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Laurene

2 months ago

C) How to finance the debt

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Jamal

2 months ago

B) Decision on the advisability of issuing debt

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Sherrell

2 months ago

A) Compensation balance? What is this, some kind of corporate welfare for bond issuers?

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Ty

3 months ago

I think the answer is A) Compensation balance.

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