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Exam (elaborations)

DoN Financial Management 101 questions with answers.

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

DoN Financial Management 101 questions with answers.

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  • September 22, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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Professorkaylee
DoN Financial Management 101
questions with answers.
The three phases of the federal budget process can be summarized as: ANS - Formulation, justification,
and execution



Under the executive formulation and transmittal step of the federal budget process, the President is
responsible for: ANS - Submitting a budget to Congress



During the congressional justification step of the federal budget process, Congress approves the budget
through the: ANS - Passage of appropriations



Budget execution and control refers to: ANS - Funds dissemination and financial management



The Secretary of Defense (SECDEF) learns that several Members of Congress are planning to reduce
funding for an important DOD program in the next fiscal year. The program will improve readiness by
upgrading computer systems. To understand the impact of reduced funding to the program, the SECDEF
will need to contact the: ANS - Under Secretary of Defense, Comptroller



For financial advice, the SECDEF has the Undersecretary of Defense, Comptroller, and the Secretary of
the Navy has the: ANS - Assistant Secretary of the Navy (Financial Management and Comptroller)



The two offices within the Office of the Assistant Secretary of the Navy (Financial Management &
Comptroller) tasked with the execution of DON fiscal responsibilities are the: ANS - Office of Budget
and Office of Financial Operations



The Secretary of the Navy will receive funding requests for specific operating forces from the: ANS -
Chief of Naval Operations and Commandant of the Marine Corps



The primary tool for defense resource management is: ANS - The planning, programming, budgeting,
and execution process.

, Military departments receiving the national objectives, threat assessment, and force requirements
assessment signals the beginning of the: ANS - Planning stage of the PPBE process.



Within the Office of the SECDEF, programming reviews are executed primarily by the: ANS - Director of
Program Analysis and Evaluation (DPA&E).



Within the Office of the SECDEF, budget reviews are executed primarily by the: ANS - Under Secretary
of Defense (Comptroller).



In the DOD budget process, the Secretaries of the Army, Navy, and Air Force submit their budgets during
the: ANS - Budgeting stage.



The President signing the appropriations bill begins the: ANS - Execution stage.



The development and justification of program requirements for the Navy is the responsibility of the:
ANS - Deputy Chiefs of Naval Operations



The development and justification of program requirements for the Marine Corps is the responsibility of
the: ANS - Deputy Commandants.



Which office do you think prepares the PBDs and MIDs? ANS - Under Secretary of Defense
(Comptroller)



A key difference between the programming and budgeting steps of the PPBE process is: ANS - The level
of precision and accuracy associated with resource estimates.



The Office of the Assistant Secretary of the Navy (Financial Management and Comptroller) begins its
review of budget estimates during budget: ANS - Formulation stage.



The primary role of the DON Budget Submitting Offices (BSOs) during budget formulation is to: ANS -
Compile and submit budget estimates and supporting materials.

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