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6F031 (Financial Management and Comptroller) CDC - Vol. 1 & 2 questions with answers $16.49   Add to cart

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6F031 (Financial Management and Comptroller) CDC - Vol. 1 & 2 questions with answers

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

6F031 (Financial Management and Comptroller) CDC - Vol. 1 & 2 questions with answers

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  • September 21, 2024
  • 35
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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6F031 (Financial Management and
Comptroller) CDC - Vol. 1 & 2 questions
with answers
Who serves as the principal advisor to the secretary and Chief of Staff of the Air Force on all financial
matters? ANS -SAF/FM



Name the four overall objectives of the financial management program. ANS -Translate strategic
priorities into an executable future-year resource plan; deliver credible, objective analysis enabling cost
conscious decisions; secure and employ resources to maximize Air Force capability - people, readiness,
and modernization; timely, transparent, and complaint financial operations to support Airmen and Air
Force capabilities.



Who advises SAF/FM on enlisted education, training, and assignment of FM personnel? ANS -The CFM is
responsible for advising the SAF/FM on utilization, education, and training and assignment of enlisted
members throughout USAF financial management.



What does the charter for the AFAFO include? ANS -Developing policy for and providing oversight of
operations at the Air Force Financial Services (FMF) and Financial Management Offices, analysis of
financial operations, development of Air Force accounting and financial services directives, managing
the banking program on AF installations, as well as, the GTC and GPC programs, and operating the
Financial Management Quality Assurance Program to ensure effective internal controls are in place.
Financial Analysis Office - Plans, develops, and presents budget and fund requirements for the
installation. Quality Assurance - Performs quality review inspections and ensures organization follows
standard operating procedures. Financial Services Flight - Provides customer service, support, and
accounting liaison services as an integral part of base readiness. Local Area Network Support - Installs,
configures, administers, and provides maintenance for all squadron computer systems and equipment.
Non appropriated Funds Financial Analysis - Provides financial management oversight and analysis of
MWR programs and activities on base.



What type of services does FMF provide? ANS -Pay and travel counter service for all personnel. This
service includes assistance with travel vouchers, separations, and retirements including submission of
travel claims to AFFSC.

,What type of input does FMA provide to the wing commander and comptroller? ANS -In regards to
planning, developing, and presenting budgeting and funding requirements for the installation.



Which office within the comptroller is responsible for the analysis of MWR programs? ANS -Non
appropriated Funds Financial Analysis.



What type of transactions will the AFFSC process? ANS -Travel pay processing operations.



What are some base agencies that FMers coordinate issues with? ANS -The housing office, MPS, and
civilian pay.



When was the CoE opened? ANS -April 2006



What does the specialized financial analysis for decision support allow their customers to do? ANS -
Allows Air Force leadership at all levels to clearly understand the financial impact of decision alternatives
and make fully defendable resource decisions.



Who does DFAS-IN support? ANS -The assistant comptroller for finance.



Which DFAS site is responsible for army accounting? ANS -DFAS-Rome.



Which DFAS site provides service for retirees? ANS -DFAS-Cleveland.



What document is developed at a U & TW? ANS -Career Field Education and Training Plan.



What two function does the U & TW serve? ANS -As a quality control tool and as a forum.



During a U & TW, who reviews all functional area job tasks and matches them to applicable skill levels? .
ANS -MAJCOM functional managers



Who creates a "strawman" task listing that is presented to the U & TW? ANS -Subject matter experts.

,Which part of the CFETP provides information necessary for overall management of the specialty? ANS -
Part 1.



Who is responsible for establishing a training schedule for a new trainee? ANS -Supervisor.



Which electronic training record is used by the FM career field to track training? ANS -AFTR.



What is the purpose of OJT guides? ANS -To provide a means to train personnel on all areas of the
enlisted career field.



In what type format are OJT guides written? ANS -Trainer/trainee format.



When is it mandatory to use OJT guides? ANS -For core task certification.



What is the purpose of the Financial Management and Comptroller Awards Program? ANS -To recognize
individuals and groups at all levels of command whose outstanding performance exemplify the Air Force
Financial Management Vision and who have made significant contributions through outstanding
behavior, actions, innovations and, most importantly, results.



What time frame does the Financial Management and Comptroller Awards Program cover? ANS -1
October through 30 September — One fiscal year.



During the selection process for organizational awards, what categories are graded? ANS -Mission
accomplishment, outstanding achievements, and management of resources.



How does the "Aces High" award differ from other awards? ANS -It is a public "pat-on-the-back" award
with no formal recognition.



When trying to assess customer needs, what can you do to determine what might delight or irritate
customers? ANS -Provide service through the eyes of the customer — that is, put yourself in the
customer's place.

, Maximizing which communication skill will allow you to render better customer service? ANS -Listening.



What four characteristics are critical to display as an active listener? ANS -Be other directed - do not
project your own feelings or ideas. Be non defensive. Put yourself in the customer's place. Listen and do
not become a critic.



What are the four components of listening? ANS -Receiving, Attending, Assigning meaning,
remembering.



Define receiving. ANS -The physical process of taking in the verbal and nonverbal stimuli that form our
message.



Define attending. ANS -Paying close attention to what the customer is telling us.



Define understanding. ANS -The act of mentally processing what you understand the customer's
message to be and assigning meaning.



Describe remembering. ANS -Restating our customers' needs to ensure we have understood the
conversation.



What percentage of our interpersonal communication is conveyed using nonverbal signals? ANS -90%



What may happen from using inappropriate language or improper grammar? ANS -May lead a listener
to a wrong (or maybe not so wrong) conclusion about our intelligence.



What is Netiquette or email protocol? ANS -The act of maintaining proper behavior while online.



What is another important consideration about first impressions and sets you up for success? ANS -
Appearance.

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