Cpfo risk - Study guides, Class notes & Summaries

CPFO-Treasury Investing Exam Questions and Answers Latest Update 2024 ( Already Passed) why do you want a master repurchase agreement? - Answers "Protects investor in bankruptcy. The lender and debtor agree to an ongoing schedule of loans and repayments, with agreed upon securities used as collateral. 1984, bankruptcy laws changed to provide investor claim on the collateral, gives them full access to the collateral." What are asset backed securities? - Answers Debt investments backed by ...

CPFO - Financial Policies Internal Controls Chapter 14 Exam Questions and Answers ( Already Passed) ERM (Enterprise Risk MNagement - Answers Internal controls and risk management evoloving and converging toward a shared framework of ERM Risk Management - Answers Focused historically on hazard Risks, divided initial four major areas: Objectives, Authority/responsibility, Implementation, Risk Financing Risk Objectives - Answers 1. The protection of assets to ensure continuity of service 2. mai...

CPFO Debt Exam Questions with Complete Solutions Rated 100% Tax-increment Financing Bonds - Answers Issued to promote revitalization of a given geographic area - Debt is paid from the increase in property taxes generated from increased assessed values - Can be risky Bond Covenants - Answers Promises a government makes about paying for the bond. Usually includes - Rate covenants - Additional bond test - Operation and maintenance requirements May be required to have a debt service reser...

CPFO Exam - Risk, Benefits, Procurement Questions and Answers Already Graded A+

CPFO Examination- Pensions schemes CPFO Debt Exam Intergenerational Equity - Correct Answer-Balancing the needs of the young and old. Specifically, often referred to as the idea that U.S. government entitlements, such as Medicare and Social Security, "over-benefit" the elderly at the expense of other age groups. Key variable for length of time bonds are issued - Correct Answer-Life of asset financed Factors for revenue bond limits - Correct Answer-Ability and willingness to raise rates ...

CPFO Debt Exam Intergenerational Equity - Correct Answer-Balancing the needs of the young and old. Specifically, often referred to as the idea that U.S. government entitlements, such as Medicare and Social Security, "over-benefit" the elderly at the expense of other age groups. Key variable for length of time bonds are issued - Correct Answer-Life of asset financed Factors for revenue bond limits - Correct Answer-Ability and willingness to raise rates and to maintain market accepted deb...

CPFO Examination- Pensions schemes Investment Policy Functions - Correct Answer-1. Statement of goals 2. Articulating the investment philosophy and risk tolerance 3. Demonstrates due diligence b/c the system follows a prudent set of procedures 4. Established internal controls 5. Provides guidance to staff and third parties 6. Risk management tool Typical Provisions of an Investment Policy - Correct Answer-1. Statement of goal(s), purpose, or mission 2. Identification of decision maker(s...

How many full-time public employees are covered by defined benefit plans? - Correct Answer-Ninety-one percent How many full-time public employees are covered by defined contribution plans? - Correct Answer-nine percent Prudent-Person Rule - Correct Answer-Requires each retirement board member to perform his or her duties as a prudent person would when acting in a like capacity and in a similar situation. Defined Benefit Plan - Correct Answer-Provides for a guaranteed benefit at retireme...