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GFOA Exam CPFO Topic 6 Question 12 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 12
Topic #: 6

Banks offer following short-term, loans, EXCEPT:

AA line of credit against which a specified dollar amount may be drawn with interest paid, usually monthly

BBond anticipation notes (BANs) in anticipation of future long-term financing

CTax anticipation notes (TANs) or revenue anticipation of taxes or other revenue that will be received

DNone of these

Show Suggested Answer

Suggested Answer: D

by My at May 03, 2022, 07:17 PM

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