Free CPFO Exam Braindumps
Certified Public Finance Officer (CPFO) Questions 81–85 (page: 18)

Updated On: 10-Feb-2026

There are four types of measure. All of the following are out of those measures EXCEPT:

  1. Outputs
  2. Intermediate outcomes and efficiency measures
  3. End Outcome
  4. None of these

Answer(s): D



An all too familiar axiom is "either spend it or lose it." When an agency under-spends its budget, the governing board is inclined to:

  1. Check the reserves for the next time
  2. Cut the next year's budget accordingly
  3. Control the income and expenditure level
  4. Call the general public to play their proper role

Answer(s): B



The _____________ tax, though regressive is more popular among tax-players than the income tax because its full cost to the taxpayer is hidden among the large no of transactions.

  1. Proportional tax
  2. Corporate tax
  3. Sales tax
  4. State tax

Answer(s): C



Which one of the following options is NOT the part of major steps in Property tax cycle procedure?

  1. Appraisal
  2. Collection
  3. Asset taxable Value
  4. Recommendations

Answer(s): D



Which one of the following strategy is NOT employed by Local governments to collect delinquent taxes?

  1. Put, the names of delinquent taxpayers in the local paper. Surprisingly, prominent citizens might be delinquent. The newspaper notice for them is an embarrassing, but effective, prompt.
  2. Put, a lien on a delinquent taxpayer's paycheck if his or her place of work is known.
  3. Sell the parcel, using the proceeds to pay back taxes giving the remainder, if any, to the taxpayer.
  4. None of these

Answer(s): D



Viewing page 18 of 42
Viewing questions 86 - 90 out of 203 questions


Post your Comments and Discuss Financial CPFO exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!