Cdfm a module 4 - Study guides, Class notes & Summaries

CDFM-A Module 4 - Chapter 3 verified answers What is an affordability assessment? An assessment of the degree to which the life cycle cost of an acquisition program is in consonance with the long-range modernization, force structure, and manpower plans of the individual DoD components, and the department as a whole. Affordability assessments are typically conducted: By resource Analysts in the DoD Component Headquarters of supporting organization. For MDAS and MIAS, Affordability As...

CDFM MODULE 1 Exam Questions with Complete Solutions | Latest Update| Verified & Updated | 11 pages Separation of Power - Answer ️️ -What prevents Congress and the President from unilaterally making laws and treaties? Article 1, Section 8 of the Constitution - Answer ️️ -What give Congress the authority to make laws? Supreme Court - Answer ️️ -Who reviews the constitution for interpretation of the constitution? Congress (Legislative Branch) - Answer ️️ -Who has the power ...

CDFM Module 1.1 Accurate 100% Budget execution starts with _____________ - ANSWER issuance of Treasury Warrant The issuance of Treasury Warrants are the __________ __________ action taken after the President signs the bill into law. - ANSWER first legal Continuing resolutions (CRs) initially last _____ days and are designed to avoid violating the ________. - ANSWER 30, Anti Deficiency SF-133s are reported _____ to the Office of Management and Budget (OMB) - ANSWER quarterly The si...

CDFM – MODULE 1 EXAM / 50+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / ALL CORRECT GRADED A+. CDFM Module 1 1. Genesis of US federal process can be traced to these events: Declaration of independence, Articles of Confederation, Constitution ratified by 9 states, constitution took effect. 2. What did amendment to articles of confederation require?: Unanimous approval of all the states 3. Essential principle of constitution?: Everything you do must be legal in purpose, time and amount. 4. What ar...

CDFM - Module 3 Questions & Answers Questions with 100% Correct Answers What is the Budgetary Account formula? - answerRecourses = Status of Resources Source of Incoming Funds = Use/location of Funds Under the Prompt Pay Rules, when is Constructive Acceptance considered to take place? - answerwhen acceptance document has not been received in a timely manner (NLT 7 calendar days after receipt What are the 5 valid voucher requirements - answer(1) voucher heading and date (2) Line of Accoun...

CDFM Module 1: Resource ManagemeEnterprise Risk Management (ERM) - ANSWER -agency wide approach to addressing interrelated risk & how to more effectively prioritize & manage risk OMB Circular 136 Financial Reporting Requirements - ANSWER -Requires each agency to develop a risk profile & suggest putting in place an oversight counsel Internal Controls - ANSWER -is a process effected by an entity's oversight body, management, and other personnel that provides reasonable assurance that the ob...

CDFM Module 4 Questions and Answers Already Passed What are Joint Acquisition Programs? Joint Acquisition Programs is any acqusition system, subsystem, component, or technology program with astrategy that includes funding by more than one DoD component during any phase of a system's life cycle. Who decides to place programs under joint acquisition management? The MDA decides whether to place programs under joint management and designates the lead executive DoD component. What law requires an ...

CDFM Module 4 Exam |156| Questions Well Solved And Verified What are Joint Acquisition Programs? ANS-Joint Acquisition Programs is any acqusition system, subsystem, component, or technology program with astrategy that includes funding by more than one DoD component during any phase of a system's life cycle. Who decides to place programs under joint acquisition management? ANS-The MDA decides whether to place programs under joint management and designates the lead executive DoD component. ...