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CDC Financial Mgmt & Comtroller Journeyman V1, Pt 1 questions with answers. $12.49   Add to cart

Exam (elaborations)

CDC Financial Mgmt & Comtroller Journeyman V1, Pt 1 questions with answers.

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  • Course
  • CDFM - Certified Defense Financial Manager
  • Institution
  • CDFM - Certified Defense Financial Manager

CDC Financial Mgmt & Comtroller Journeyman V1, Pt 1 questions with answers.

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  • September 22, 2024
  • 33
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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Professorkaylee
CDC Financial Mgmt & Comtroller
Journeyman V1, Pt 1 questions with
answers.

Who serves as the principal advisor to the secretary and Chief of Staff of the AF on all financial matters?



A. CFM

B. SAF/FM

C. SAF/FMP

D. SAF/FMF ANS - B. SAF/FM



Name 2 of the 4 overall objective of the Financial Management Program. ANS - 1. Translate strategic
priorities into an executable future-year resource plan.

2. Deliver credible, objective analysis enabling cost conscious decisions.

3. Secure and employ resources to maximize AF capability

4. Provide timely, transparent, and complaint financial operations to support Airman and AF capabilities.



Who advises the SAF/FM on enlisted education, training, and assignment of FM personnel?



A. SAF/FMF

B. SAF/FMB

C. CFM (ENLISTED CAREER FIELD MANAGER)

D. PDAS ANS - C. CFM (ENLISTED CAREER FIELD MANAGER)



Which Air Staff Office is the focal point for DOD Financial Managers (DOD FM) certification, career field
education and training, and workforce management? ANS - Workforce management and services
directorate

,****The Air Force Accounting and Finance Office (AFAFO) provides policy development for Financial
Service and ensure effective internal controls through what activities?



A. Self-inspection

B. Management Control

C. Fraud, Waste, Abuse

D. Quality Assurance Program ANS - D. Quality Assurance Program



hint: Charter



When did the responsibility for processing of military pay documents return to base level? ANS - 2012



Which base comptroller division is responsible for providing financial management oversight and
analysis of MWR programs and activities on base?



A. Financial Analysis Office

B. Quality Assurance

C. Local Area Network Support

E. Non-appropriated Funds Financial Analysis ANS - E. Nonappropriated Funds Financial Analysis (FMN)



*HINT: FMN-FUN (MWR IS FUN)



Which base comptroller division performs quality review inspections and ensures organization follows
standard operating procedures.



A. Financial Analysis Office

B. Quality Assurance

C. Local Area Network Support

E. Non-appropriated Funds Financial Analysis ANS - B. Quality Assurance

,Which base comptroller division installs, configures, administers, and provides maintenance for all
squadron computer systems and equipment?



A. Financial Analysis Office

B. Quality Assurance

C. Local Area Network Support

E. Non-appropriated Funds Financial Analysis ANS - C. Local Area Network Support



Which base comptroller division Plans, develops, and presents budget and fund requirements for the
installation?



A. Financial Analysis Office

B. Financial Services Flight

C. Local Area Network Support

E. Non-appropriated Funds Financial Analysis ANS - A. Financial Analysis Office



Which base comptroller division provides customer service, support and accounting liaison services as
an integral part of base readiness?



A. Financial Analysis Office

B. Financial Services Flight

C. Local Area Network Support

E. Non-appropriated Funds Financial Analysis ANS - B. Financial Services Flight



What type of services does FMF provide? ANS - Pay and travel services for all personnel.



Who provides input such as planning, developing and presenting budgeting and funding requirements
for the installation to the Commander? ANS - FMA



What type of transactions with the AFFSC process? ANS - Travel Pay

, What are some base agencies that FMers coordinate issues with? ANS - Housing office, MPS, and
Civilian Pay



Who does DFAS-IN support? ANS - Assistant Comptroller for Finance.

(Falls under SECDEF)



Which DFAS site is responsible for Army Accounting?



A. DFAS-CL

B. DFAS-DFAS-RO

C. DFAS-CO

D. DFAS-IN ANS - B. DFAS-RO (ROME)



*****The Defense Retiree and Annuitant System services retirees from all branches of service and is
located in which DFAS center?



A. DFAS-CL

B. DFAS-DFAS-RO

C. DFAS-CO

D. DFAS-IN ANS - A. DFAS-CL (CLEVELAND)



Which DFAS center provides service to Army and Air personnel?



A. DFAS-CL

B. DFAS-DFAS-RO

C. DFAS-CO

D. DFAS-IN ANS - D. DFAS-IN (Indianapolis)

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