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Exam (elaborations)

CDFM Module 2 Questions with 100% answers.

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

CDFM Module 2 Questions with 100% answers.

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  • September 22, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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CDFM Module 2 Questions with 100%
answers.
What law identifies the Chairman of the Joint Chiefs of Staff as the senior ranking member of the Armed
Forces? ANS -The Goldwater-Nichols DoD Reorganization Act of 1986



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



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



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



Name the three major phases of the PPBE process that result in the DOD portion of the President's
Budget that is submitted to Congress? ANS -Planning, Programming, and Budgeting



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



What is the title of the senior OSD official 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 the principal advisor and assistant to the SECDEF for
budget and fiscal matters? ANS -Undersecretary of Defense (Comptroller) / Chief Financial Officer



The Undersecretary of Defense (Acquisition & Sustainment) serves as the Chairman of what Board? ANS
-Defense Acquisition Board (DAB)



Assume today's date is 1 March 2020 and your organization knows about a new project or requirement
that will require its initial funding in FY 2027. What is the first PPBE-related document which you could
identify resources for that requirement? ANS -POM 2023 - 2027

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



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 prepared 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 the SECDEF with the JCS evaluation of the Military Departments' POM submissions)
ANS -Chairman's Program Assessment (CPA) [Chairman, JCS]



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
DEPSECDEF or SECDEF for a decision. Once signed by one of those senior officials, what is that document
called? ANS -Program Budget Decision



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



Within what type 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 a law
when signed by the President)



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 the 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

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