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GFOA CPFO Exam Dumps

Get All Certified Public Finance Officer Exam Questions with Validated Answers

CPFO Pack
Vendor: GFOA
Exam Code: CPFO
Exam Name: Certified Public Finance Officer
Exam Questions: 203
Last Updated: July 5, 2026
Related Certifications: Certified Public Finance Officers
Exam Tags: Financial Management
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Free GFOA CPFO Exam Actual Questions

Question No. 1

Number of students enrolled, cost per student enrolled, year--end state test score and critical thinking and application of knowledge. This is an example of measures in education sector. Match these steps with the following appropriate list of types of measures.

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Correct Answer: A

Question No. 2

If a building originally valued at $160,000 appreciates to $300,000 and is insured by an 80% coinsurance clause, then 80% of the value ($320,000) must be insured. If the building is still insured at only $160,000 and a $100,000 loss occurs, the loss would be:

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Correct Answer: A

Question No. 3

Most States require that local government engage the services of an _________ firm to audit their financial statements.

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Correct Answer: B

Question No. 4

Governments unlike private organizations cannot pay _______ for safety performance.

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Correct Answer: A

Question No. 5

Localities contract with a consulting engineer to make a preliminary feasibility study of a project, prepare a detailed design and construction specifications, coordinate construction activities, and advice on special problems that might occur during construction. Consulting engineers are compensated in which of the following way/s?

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Correct Answer: D

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