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CDFM Module 2 comprehensive exam (New 2026/ 2027 Update) Questions & Answers {Grade A} 100% Correct (Verified Solutions)

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CDFM Module 2 comprehensive exam (New 2026/ 2027 Update) Questions & Answers {Grade A} 100% Correct (Verified Solutions)

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CDFM Module 2 comprehensive exam
(New 2026/ 2027 Update) Questions &
Answers {Grade A} 100% Correct (Verified
Solutions)

Who does the Unified combatant commands report to? - Correct answer SECDEF




What is the operational chain of command for military? - Correct answer President -


SECDEF- Unified Combatant Commands




How many years are included in the FYDP? - Correct answer Eleven - prior


year/current year/ two budget years/four out years/three additional years of force


structure and manpower




What is the first step in PPBE? - Correct answer Planning or forecasting




Who has fiduciary responsibility? - Correct answer Comptroller




Who has pecuniary responsibility - Correct answer Certifying Officer

,Do POM and Budget happen concurrently? - Correct answer Yes




What is the final phase of the PPBE process, in which programmatic decision are


translated into resources in an appropriations format? - Correct answer Budget


development or budgeting




Which report will each agency head submit to the President and Congress annually, no


later than Nov 15 - Correct answer Performance Report




What does the typical agency organization require the first draft budget? - Correct


answer 21 months prior to the budget year (BY)




What do you call it when you use past and current data to predict future events? -


Correct answer Forecasting

,What department helps the President with spending policy, manages the executive


branch budget, provides analysis and avice on a broad range of budget topics?? -


Correct answer OMB (Office of Management and Budget)




What is the first step Congress takes after receiving Budget recommendation from the


President? - Correct answer Resolution phase (Budget resolution)




Does authorization provide budget authority? - Correct answer No, The appropriation


provides budget authority. Authorization "authorizes" the agency to exist and


authorizes receipt of an appropriation




Is the continuing resolution (CRA) law? - Correct answer Yes because it is considered


a joint resolution




What starts the execution phase of budget? - Correct answer The Treasury Warrant




What for is submitted for Budget Execution and how often is it required? - Correct

answer SF-133 - quarterly

, What are the thresholds for notification to Congress on reprogramming? - Correct


answer O&M-$15M


RDT&E = $10M


Procurement $20M




What is the difference in duties between the Office of Secretary of Defense and the


Deputy Secretary of Defense? - Correct answer Nothing




What is the responsibility of the Joint Chiefs of Staff? - Correct answer Drafts the


National Military Strategy/Planning and Military Advice




Who sits on the Joint Chiefs of Staff? - Correct answer The chairman, the Vice

chairman, The Chief of Staff of the Naval Operations , + Air Force + Marine Corp




What is the Balance Sheet Equation? - Correct answer Assets = Liability + Net Position


Assets = Liability + Capital

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