Prepare for the GFOA Certified Public Finance Officer exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.
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Governments should safely invest a high percentage of their available cash at competitive rates of return. The yield should be compared to a benchmark such as:
Governments borrow from the either banks or tax-exempt money market funds in anticipation of taxes, revenues, bonds, or improved market conditions. Some of such conditions are as follows EXCEPT:
A building with a replacement value of $1,000,000 has depreciated by 50%. What amount of risk has been unwittingly assumed?
A county fire department receives property tax revenue on a 55% (December), 40% (April), 5% (June) basis. The uncollectible portion is .05%. If the department received $5.1 million in December, the annual property tax revenues will be:
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