GFOA Exam CPFO Topic 9 Question 81 Discussion

Actual exam question for GFOA's CPFO exam

Question #: 81
Topic #: 9

[All CPFO Questions]

The government finance association recommends public sale, but under which of the following condition:

1. The issue has on uninsured credit rating of A or above

2. The issue is not so large that it cannot be absorbed by the market.

3. The issue is not so small as to attract too few investors

4. Interest rates are stable and market demand is strong

5. The market view the issue as warily complex or innovation.

6. The issue is backed by full faith and credit or by a strong revenue system.

AI, II, III

BI, II, III

CI, II, III, IV, V

DAll EXCEPT V

Show Suggested Answer

Suggested Answer: D

by Tonette at Feb 09, 2024, 01:57 PM

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Truman

6 months ago

Candidate 6: So, the correct answer would be C) I, II, III, IV, V.

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Lashawnda

6 months ago

Candidate 5: I think the issue should not be viewed as too complex or innovative by the market.

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Ronnie

6 months ago

Candidate 4: Interest rates need to be stable and market demand strong for a public sale.

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Monte

6 months ago

Candidate 3: I also believe that the issue should not be too large or too small for the market to absorb.

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Mindy

7 months ago

Candidate 2: Yes, the issue must have an uninsured credit rating of A or above.

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Meghann

7 months ago

Candidate 1: I think the government finance association recommends public sale under certain conditions.

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