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Exam (elaborations)

financial management questions & answers.

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

financial management questions & answers.

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  • September 21, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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Professorkaylee
financial management questions &
answers.
What is the primary goal of the FM Certification program? ANS - To encourage continuous learning and
professional growth across all levels of the DOD



What is another goal of the FM certification program? ANS - To improve the functional and leadership
capabilities of the DOD FM workforce.



True/ False The FM certification program credentials require you to pass a test for each level. ANS -
False



In addition to the 24 competencies within the FM certification program, there is one additional area
which all FM members are required to develop which is? ANS - Leadership



Who does the FM Certification program apply to? ANS - DOD civilians and military in the DOD FM
workforce



When is the FM member required to complete FM certification? ANS - Within 2 years after starting in a
position requiring FM certification.



What system is used to define and document you requirements and progress? ANS - FMLMS ( learning
management system)



What is the learning management system 3-step process? ANS - record, document, request approval



level 1 ANS - initial (46hr) additional (40hr) every two years

required 2 years of DOD FM experience.



level 2 ANS - initial (71hr) additional (60hr) every 2 years

required 4 years of FM experience of which 2 must be DOD FM experience.

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