Cdfm mod - Study guides, Class notes & Summaries

CDFM Mod 1 Lesson 2 Questions & Answers(Graded A) Where can the rules for calculating FTE employment be found? - ANSWER A-11, OMB Circular What is FTE and what is it for? - ANSWER Full Time Equivalent... What term is used to refer to the totality of units in a DoD component? - ANSWER Force Structure What term is used to refer to the authorized and programmed strength at the end of the fiscal year for the active forces, the Selected Reserve, and the appropriated-fund civilian employee...

CDFM Mod 1 Fiscal Law Accurate 100%What should an FM professional do to address cost overruns for additional appropriation? - ANSWER Request additional funding through the budget process in the next fiscal year How should funds received from lease of non-excess DoD property be made available to the military department? - ANSWER 50% of the receipts are available to the military installation where the leased property is located, and 50% are available to the department headquarters. What is n...

CDFM Mod 1 Questions + Fiscal Law Exam Questions and Answers (Latest Update 2023) 70 Questions

CDFM Mod 1 Lesson 4 (2022/2023) Already Passed What is the name of the Department's Internal control effort? Managers' Internal Control Program The purposes of the Federal Managers' Financial Integrity Act of 1982 are to prevent waste or misuse of agency funds or property and to assure the accountability of what? Assets What do internal controls reasonably ensure? - Programs achieve intended results - Resources are used efficiently - Programs/resources are protected from waste, fraud, and m...

CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024 CDFM MODULE 3.1 What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use...

Where can the rules for calculating FTE employment be found? - ANSWER A-11, OMB Circular What is FTE and what is it for? - ANSWER Full Time Equivalent... What term is used to refer to the totality of units in a DoD component? - ANSWER Force Structure What term is used to refer to the authorized and programmed strength at the end of the fiscal year for the active forces, the Selected Reserve, and the appropriated-fund civilian employees in the FYDP? - ANSWER Peacetime Strength What pr...

exam questions and answers true pass a+ cdfm module 1 What prevents Congress and the President from unilaterally making laws and treaties? - ANSWER-Separation of Power What give Congress the authority to make laws? - ANSWER- Article 1, Section 8 of the Constitution

PPBE Changes -ANSWER Two year PPBEs process including a current year and an off year. PPBEs Timeline Execution Enactment Planning Programming -ANSWER · Execution - Current FY · Enactment - Current FY Feb - end of FY · Planning - FY +2/+6 Current FY - April Current FY Programming -FY +2/+6May Current FY - Feb next FY Programming -ANSWER Establishment of POM in response to the DPPG, within fiscal constraints Who is the approver for Resource Management Decisions (RMDs) -ANSWER De...

CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024