CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND VERIFIEDANSWERS 2024/2025 / ALL CORRECT GRADED A+. 2023 1. What are the three tests that must be met for use of the Necessary Expense doctrine?: Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) 2. Who grants relief of...
CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND
VERIFIEDANSWERS 2024/2025 / ALL CORRECT
GRADED A+
,CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND
VERIFIEDANSWERS 2024/2025 / ALL CORRECT
GRADED A+
,CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND
VERIFIEDANSWERS 2024/2025 / ALL CORRECT
GRADED A+
What are the three tests that must be met for use of the Necessary Expense
doctrine? - Answer Must bear a logical relationship
Not prohibited by law
Not funded elsewhere
(p 3.1.17)
Who grants relief of liability to a certifying officer for erroneous or illegal payments in
the Department of Defense? - Answer The Defense Finance and Accounting Service
(*DFAS*)
(p. 3.1.51)
What type of budgetary resources remains available for new obligations for more
than one fiscal year? - Answer Multi-year authority
(p. 3.1.24)
What type of Congressional resolution can be thought of as a temporary
appropriations act? - Answer Continuing Resolution (*CR*)
(p. 3.1.41)
What agency apportions funds for a working capital fund? - Answer The Office of
Management and Budget (*OMB*)
(p. 2.1.71)
What is the acronym for disbursing office identification numbers? - Answer
Disbursing Station Symbol Numbers (*DSSN*)
(p. 3.2.30)
What three primary types of officials are accountable Individuals in the DoD? -
Answer Certifying Officers (*CO*),
Disbursing Officers (*DO*),
Departmental Accountable Officials (*DAO*)
(p. 2.2.21, 2.2.64)
What is the normal collection method for debts owed by active military members and
civilian employees who are still in service? - Answer Salary Offset garnishing
(p. 3.2.38)
When collecting debts owed by vendors that have failed to properly respond to the
demand letters, what is the next step? - Answer Do Not Pay List
(p. 3.2.40)
When in doubt about the proper use of an appropriation, what may the disbursing
officer request form the OSD General Counsel on the propriety of the prospective
payment? - Answer An Advance Decision
(p. 3.2.12)
When a civilian employee moves from a job overseas to a job in the states, which
organization pays for the Permanent Duty Travel? - Answer The "*losing*" activity
, CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND
VERIFIEDANSWERS 2024/2025 / ALL CORRECT
GRADED A+
(the *OCONUS* activity)
(p. 3.2.22)
Name the supporting documents required in the DoD Payment Package? - Answer
Contract
Invoice
Proof of Receipt
Acceptance Document
(p. 3.2.24)
Name two key forms that provide accountability and control by Disbursing Officers? -
Answer Standard Form *1219*, Statement of Accountability (monthly)
DD Form *2657*, Daily Statement of Accountability
(p. 3.2.44)
What term is used to describe Federal Government funds that have been paid but
have not yet been identified to a specific organization? - Answer Undistributed
Disbursement
(p. 3.3.39)
The aggregate amount of an entity's funds in the Treasury is in what account? -
Answer Fund Balance with Treasury
(p. 3.3.39)
Which three Federal agencies established the FASAB? - Answer The Government
Accountability Office (*GAO*),
the Department of Treasury, and
the Office of Management and Budget (*OMB*)
(p. 3.3.13)
What is the Federal law that specifically required existing CFO agencies to have
financial statements that successfully pass a financial audit? - Answer The
Government Management Reform Act of 1994
(p. 3.4.5)
Which standards generally apply to all Federal Government audits? - Answer GAO
Standards or GAGAS
(p. 3.4.10)
How many hours of continuing professional education must an auditor complete
every 2 years? - Answer 80 hours in 2 years
(p. 3.4.14)
What is the minimum number of hours that must be completed in any year of the 2-
year period? - Answer 20 hours minimum each year
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