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| Vendor: | GFOA |
|---|---|
| Exam Code: | CPFO |
| Exam Name: | Certified Public Finance Officer |
| Exam Questions: | 203 |
| Last Updated: | November 20, 2025 |
| Related Certifications: | Certified Public Finance Officers |
| Exam Tags: | Financial Management |
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Because of the current financial measurement focus of the Governmental Funds, they do not report:
The local car dealer in town can provide the 10 new cars the city needs at cost of $150,000. If local preferences were given, what would the preference margin (PM) be, assuming the dealer pays $50,000 in local property and sales taxes and that the total sales by the dealer are $2,000,000?
Risks are not assumed should, if possible, be transferred either by a ______________.
There are five types of repos. ___________ Repo is of one-day maturity Interest is based on the federal rate.
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