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CDFM Module 2 questions with answers.

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  • CDFM - Certified Defense Financial Manager
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  • CDFM - Certified Defense Financial Manager

CDFM Module 2 questions with answers.

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  • September 21, 2024
  • 58
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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Professorkaylee
CDFM Module 2 questions with answers.
What are the OSD Decision Making Forums? ANS - 3 star program review

Deputy Management Action Group (DMAG)

Secretary of Defense Large & Small Groups



What law identifies the Chairman Joint Chiefs of Staff as senior ranking member of the Armed Services
ANS - Goldwater Nichols DoD Reorganization Act 1986



The military operational chain of command runs from the President to whom ANS - The Secretary of
Defense to the Combatent Commanders



The Commanders of the Combatant Commands are responsible to whom for accomplishing the assigned
military mission? ANS - President and Secretary of Defense



The Chairman of the Joint Chiefs of Staff is the principal advisor to which officials and/or organizations?
ANS - President, National Security Council, Secretary of Defense



Who serves as Chairman of the National Security Council ANS - President



Name the three major phases of the PPBE process that result in the DoD portion of the Presidents
Budget that is submitted to Congress ANS - Planning, Programming, Budget



What is the name of the process used by the DoD to determine the dollar amounts for programs to be
submitted to Congress as part of the Presidents Budget ANS - PPBE (planning, programming, Budget,
execution)



What is the title of the senior OSD official responsible for the planning phase of the PPBE process ANS -
Under Secretary of Defense (Policy)



What is the title of the senior OSD official who is responsible for issuing programming guidance? ANS -
Director, Cost Assessment and Program evaluation D,CAPE

,What is the title of the senior OSD official who is principal advisor and assistent to the SECDEF for
budget and financial matters? ANS - Under Secretary of Defense (Comptroller)/Chief Financial Officer



The Under Secretary of Defense (Acquisition, Technology & Logistics) serves as the Chairman of what
Board ANS - Defense Acquisition Board (DAB)



Assume todays date is 1 March 2014 and your organization knows about a new project or requirement
that will require its initial funding in FY 2021. What is the first PPBE related document in which you could
identify resources for that requirement ANS - POM 2017 - 2021



What is the title of the final document of the planning phase? ANS - Defense Planning Guidance (DPG)



What is the title of the document prepared by the D,CAPE and USD(C) in the May to June time frame
that provides guidance to Components for preparation of their POM and BES submissions? ANS -
Integrated Program/Budget Review Guidance



What is the name of the automated database that summarizes all forces, resources, and equipment
associated with programs approved by the Secretary of Defense? ANS - Future Years Defense Program
(FYDP)



What is the phase of the PPBE process in which programmatic decisions are translated into requested
resources in an appropriations format ANS - Budgeting (Budget Development)



What is the name of the document prepare by the Joint Staff after its review of POMs submitted by the
Military Departments that focuses on the balance and capabilities contained in those POMs? (This
document provides SECDEF with the JCS evaluation of the Military Departments submissions) ANS -
Chairman's Program Assessment (CPA) {Chairman, JCS}



Near the end of the budget review process the SECDEF and DEPSEC may conduct a review of Component
major policy or budget issues that have not yet been resolved. Resolution of these issues may displace
other programs within the fixed DoD topline. What is the name of this review? ANS - Issue Resolution

,Following a review of a Component's budget submission and a potential budget hearing in the fall
timeframe the reviewing USD(C) budget analyst prepares a draft document that is submitted to the
DEPSECDEF or SECDEF for a decision. Once signed by one of those senior officials , what is the document
called? ANS - Resource Management Decision



After all resource-related decisions have been made by the DEPSECDEF or SECDEF to determine the
Defense portion of the President's Budget, the USD(C) posts final decisions into a database in the proper
appropriation account format. What is the title of that database? ANS - Comptroller Information
System (CIS)



Advance Procurement is an exception to what funding policy? ANS - Full Funding Policy



Within what type of document does Congress specify the number of fiscal years that an appropriation
account remains current and available for new obligations? ANS - An appropriation bill (becomes law
when signed by President)



There are two primary methods by which DoD obligates the vast majority of its appropriations. Name
those two methods ANS - Contracts and MIPRS



Assume an agency has issued an Economy Act order to another Federal Agency for specific services, the
cited appropriation has gone into an expired status and the servicing agency has neither provided the
ordered services nor has entered into an authorized contract with another entity to provide ordered
services. What must now be done with those obligated funds? ANS - De-obligate



What is the term used for shifting funds between appropriations? ANS - Transfer action



What is the long term financial goal of a working capital fund? ANS - To break even



A working capital fund has an officer (O-4) properly assigned to the organization and that officer is doing
the work that would normally be performed by a GS-13. For managerial cost accounting purposes, is the
"cost" of that officer's pay and benefits "charged" at the military O-4 rate or the civilian GS-13 rate? ANS
- Civilian GS-13 rate (and the proper MILPER account is reimbursed for that amount)

, Assume your organization overpaid a contractor on a contract awarded with an appropriation that is
now in the cancelled status, and the contractor has sent in a check for that overpayment. What can your
organization legally do with that refund from the contractor? ANS - Credit the refund to the
miscellaneous receipts of the US Treasury



Monies not appropriated by Congress that are generated primarily from the sale of goods and services
are known as what? ANS - Non-appropriated Funds



What is the mission of the DoD? ANS - Deter war

To protect the security of our country



Who reports to the SECDEF ANS - 3 Military Departments (Army, Navy, Air Force)

17 Defense agencies

Multiple field activites



Trained and ready forces are assigned to a Combatant Commander responsible for conducting military
operation by whom? ANS - President and SECDEF when a military action is required



Organizational structure of Joint Chiefs of Staff ANS - SECDEF to CJCS - Vice Chair JCS - Military
Components - Joint Staff (J1-J8)



Is the Chairman in the operational chain of command between the President and Combatant Commands
ANS - CJSC is not in the operational chain of command



What is the main mission of the JCS ANS - Planning (Operating, Contingency, Long Range)



What is the JCS function within the chain of command? ANS - Transmits to the commanders of the
Combatant Commands the orders of the President or the SECDEF



Who are the principal members of the National Security Council (NSC) ANS - President (Chairman), Vice
President, SECDEF, Secretary of State, Secretary of Energy

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