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Free CPFO Exam Braindumps (page: 4)

Page 3 of 51
PDF with 203 Questions

A program accountability study can be used to determine all of the following EXCEPT:

  1. the extent to which a program has been correctly implemented.
  2. whether program funds are being expended properly.
  3. whether the program is reaching its intended goal.
  4. if budgets were allocated equitably.

Answer(s): D



Based upon the performance measures report below provided to a local governmental oversight committee, what conclusions may be made?

  1. More fire engines and fire companies are needed.
  2. The arson task force fielded in FY07 is having a significant impact.
  3. A fire engine bond issuance is needed.
  4. State fire marshal mandates are being met.

Answer(s): B



A successfully integrated technology solution for a CFO ties an organization's activities together and:

  1. requires highly customized application software.
  2. optimizes a specific function or activity.
  3. makes consistent information available agency-wide.
  4. eliminates waste, fraud and abuse.

Answer(s): C



The CFO Act of 1990 mandates all of the following EXCEPT:

  1. establishment of a leadership structure.
  2. provision for long-range planning.
  3. strengthening accountability reporting.
  4. unqualified audited financial statements.

Answer(s): D






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