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Module 2, Lesson 17 PPB&E and Financial Management questions with answers. $9.19   Add to cart

Exam (elaborations)

Module 2, Lesson 17 PPB&E and Financial Management questions with answers.

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

Module 2, Lesson 17 PPB&E and Financial Management questions with answers.

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  • September 22, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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Professorkaylee
Module 2, Lesson 17 PPB&E and
Financial Management questions with
answers.
Define the Future Years Defense Program (FYDP) ANS -5 Year "master plan" for all DoD programs that
summarizes forces and resources



Explain the role/responsibilities and importance of a Program Element Monitor (PEM) and a Financial
Manager ANS -PEM: Fights for and defends your program; they manage a program's PE, advocate for
program, eyes and ears at Pentagon



FM: Help manage and plan your program financially; they assist with building budget, tracking money
obligations, certifying funds are available



Describe the overall purpose and key objectives of the Planning, Programming, Budgeting, and
Execution (PPBE) system ANS -Logical processes for determining our needs and the resources required
to meet those needs.



-Planning: defines and examines alternative strategies, and analyzes external conditions and trends

-Programming: planning decisions, programming guidance, and defense guidance are converted into a
detailed allocation of resources

-Budgeting: the firm request for the money is nailed down and the request for funds goes to Congress

-Execution: Where the funds are actually put to work and used (Commit, obligate, Spend)



Describe the key documents produced within the planning, programming, budgeting, and execution
phases ANS -Planning: Defense Planning Guidance

Programming: Program Objective Memorandum (POM)

Budgeting: Resource Management Decision, Natural Defense Authorization Act, DoD Appropriations Act

Execution: Contract, Invoice

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