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Certified Public Finance Administrator Exam Dumps

CPFA Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

The Certified Public Finance Administrator (CPFA) designation means that an individual is committed to education and experience. To be eligible for this prestigious designation, an individual must:

Be the elected or appointed treasurer, deputy or assistant treasurer, employee in/or dealing with the office of treasurer or principal officer in the governmental entity who is charged with the performance or supervision of investments, debt, and/or treasury activities.

Be an active member of the APT US&C for at least twenty-four months before applying for the designation.

Believe in and practice APT US&C's Code of Ethics.

Accumulate at least 100 points from a combination of education and experience.

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CPFA PDF Sample Questions

CPFA Sample Questions

APTUSC
CPFA
Certified Public Finance Administrator
https://killexams.com/pass4sure/exam-detail/CPFA
Question: 108
Employees Pension Scheme, 1995 (EPS) defines "past service" as ________.
A. Service rendered by the employee upto the date of exit from service
B. Service rendered by the employee upto the EPS came into force
C. Service rendered by the employee with an earlier employer
D. Service rendered by the employee from the date of joining Employees Family
Pension Fund till the EPS came into force
Answer: D
Question: 109
Rohini, aged 20 years debates that Retirement Planning is required for Males as
well as for those who are above 45 years, she says that she is young, she wants to
enjoy life and after marriage her spouse will take care of her retirement. As a
Financial Planner address her and provide an appropriate advice
A. Her views are untenable, since Retirement Planning has to be undertaken as
early as possible
B. Her views are tenable
C. No comments, since a Certified Financial Planner never debates
D. None of the above
Answer: A
Question: 110
Ms. Kolaveri is a Self Employed Professional conducting her own coaching
classes "M/s Raaga Classes" wants to open a PPF A/c (Public Provident Fund)
with State Bank of India. As a Financial Planner advise her with regard to the
same and do factor in the provisions of Sec 80-C of the Income TaxAct, 1961.
(assume that this question is asked by her in December 2011)
A. Minimum deposit at any time in a year Rs. 500 and Maximum Rs. 70,000
B. Minimum deposit at any time in a year Rs. 500 and Maximum Rs. 1,00,000
C. Minimum deposit at any time in a year Rs. 5000 and Maximum Rs. 1,00,000
D. Minimum deposit at any time in a year Rs. 100 and Maximum Rs. 1,00,000
Answer: B
Question: 111
Mr. Anthony Gonzalvis is working with SEBI wants to open a PPF A/c (Public
Provident Fund) with State Bank of India, but is concerned about the provisions
of "The Income Tax Act, 1961" with regard to its Contribution, Accumulation and
Withdrawal. As a Financial Planner address her concern and provide an
appropriate advise with reference to I.T Act, 1961.
Taxable, Exempt, Exempt, (TEE)
A. Exempt, Taxable, Exempt (ETE)
B. Exempt, Exempt, Taxable (EET)
C. Exempt, Exempt, Exempt (EEE)
Answer: D
Question: 112
"Defined Benefit Plans" are the following. 1. Gratuity 2. Employees Pension
Scheme 3. Leave Encashment 4. VRS 5. Provident Fund 6. Annuity Plans
available in the market
A. All are true except 6
B. Only 1,2 & 3 are true
C. Only 1,2, 3 & 4 are true
D. Only 1,2, & 5 are true
Answer: C
Question: 113
Mr. Ramalinga Raju joins a private limited company covered under the PF Act.
The employer contributes for all the employees only up to the specified salary
limit. His monthly salary consists of Rs.10,000 as basic, Rs.5,000 as DA and 10%
of the basic as HRA, calculate the EPS contribution
A. Rs. 1250
B. Rs. 541
C. Rs. 833
D. Rs. 1241
Answer: C
Question: 114
"Defined Contribution Plans" are the following: 1. Annuity Plan available in the
market 2. New Pension Scheme, 2004 3. Provident Fund 4. Gratuity as per
Payment of Gratuity Act,1972 5. Gratuity not as per Payment of Gratuity
Act,1972
A. Only 1 & 2 are true
B. Only 1,2 & 3 are true
C. Only 1,2, & 5 are true
D. Only 1,2, 3 & 5 are true
Answer: B
Question: 115
If a person receives gratuity and commuted pension then _________ of the
commuted amount of pension is tax free
A. One third
B. Half
C. Full
D. One fourth
Answer: A
Question: 116
Which one of the following is a method of estimating retirement income?
A. Weighted average method
B. Completed cost method
C. Proportion method
D. Replacement of income method
Answer: D
Question: 117
A scheme providing pension benefits as per Income Tax provisions is called:
A. Superannuation Scheme
B. Retirement Scheme
C. Retirement Income Scheme
D. Pension Scheme
Answer: A
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CPFA Public Exam Braindumps

CPFA Public Exam Braindumps :: Article Creator

FG Orders compulsory 2023 promotion exams for medical doctors, Policemen, academics in Public provider

Olawale Ajimotokan in Abuja

the head of the Civil carrier of the Federation has authorised the behavior of 12 months 2023 compulsory confirmation/promoting examinations for newly employed medical doctors, engineers, police guys/para-military officers, teachers, administrative officers and international Affairs officers and other specialists within the Federal Public service.

This became contained in a round Ref. No. HCSF/MDO/MP/754/S.II/116 dated June 20, 2023, which become signed by means of the permanent Secretary profession administration workplace, Dr. Marcus Ogunbiyi, on behalf of the HoS.

in accordance with the circular, the examination scheduled to take location on September 22, 2023, and to be performed through the career administration workplace of the workplace of the pinnacle of the Civil carrier of the Federation become a statutory requirement for the profession development of all workforce within the public carrier.

Ogunbiyi, noted any officer who fails to flow the examinations after three consecutive makes an attempt will probably be required to resign or withdraw from the carrier in accordance with Public service suggestions 060203 and 060204

“The permanent Secretary/Head of additional-Ministerial workplace shall make certain strict compliance and enforcement. (1) 060204 “An officer who fails to take the affirmation Examination after three years of his/her first appointment can be required to resign from provider,” the round referred to.

The round also introduced that except specifically exempted with the aid of govt all administrative officers, foreign officers, police officers and other experts in Federal Public carrier are required to circulate the examination as prescribed in Chapter 6 of the general public provider suggestions inside two years of taking on appointment.

The categories of officers eligible to sit for the examinations encompass, administrative officers/specialists (doctors, engineers, teachers, nurses among others) appointed at once into the Federal Public carrier on first appointment;

Ogunbiyi said the registration for the examination that may be by way of computing device based look at various (CBT) may be executed online with it countersigned by means of the candidate’s Head of branch.

The letter of first appointment supporting the candidate’s software should also be uploaded while filling the on-line kind.

The non-refundable examination charge is N5,000 payable by each and every candidate as cost of materials and the online registration of candidates will close on August 31, 2023.

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Certified Public Finance Administrator Exam Dumps

CPFA Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

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CPFA PDF Sample Questions

CPFA Sample Questions

Killexams VCE Exam Simulator 3.0.9

Download links for PDF Questions to pass CPFA exam

Latest 2023 Updated CPFA Real Exam Questions

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CPFA Public Exam Braindumps

FG Orders compulsory 2023 promotion exams for medical doctors, Policemen, academics in Public provider

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