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CDFM MODULE 2 EXAM 2025 490 REAL EXAM QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)

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CDFM MODULE 2 EXAM 2025 490 REAL EXAM QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)

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CDFM MODULE
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May 15, 2025
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2024/2025
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CDFM MODULE 2 EXAM 2025 490 REAL EXAM QUESTIONS AND

CORRECT ANSWERS(DETAILED ANSWERS)



What are the OSD Decision Making Forums? - (CORRECT ANSWER)3 star program review

Deputy Management Action Group (DMAG)

Secretary of Defense Large & Small Groups


What law identifies the Chairman Joint Chiefs of Staff as senior ranking member of the Armed
Services - (CORRECT ANSWER)Goldwater Nichols DoD Reorganization Act 1986


The military operational chain of command runs from the President to whom - (CORRECT
ANSWER)The Secretary of Defense to the Combatent Commanders


The Commanders of the Combatant Commands are responsible to whom for accomplishing the
assigned military mission? - (CORRECT ANSWER)President and Secretary of Defense


The Chairman of the Joint Chiefs of Staff is the principal advisor to which officials and/or
organizations? - (CORRECT ANSWER)President, National Security Council, Secretary of
Defense


Who serves as Chairman of the National Security Council - (CORRECT ANSWER)President



Name the three major phases of the PPBE process that result in the DoD portion of the
Presidents Budget that is submitted to Congress - (CORRECT ANSWER)Planning,
Programming, Budget

,What is the name of the process used by the DoD to determine the dollar amounts for programs
to be submitted to Congress as part of the Presidents Budget - (CORRECT ANSWER)PPBE
(planning, programming, Budget, execution)



What is the title of the senior OSD official responsible for the planning phase of the PPBE
process - (CORRECT ANSWER)Under Secretary of Defense (Policy)



What is the title of the senior OSD official who is responsible for issuing programming
guidance? - (CORRECT ANSWER)Director, Cost Assessment and Program evaluation D,CAPE


What is the title of the senior OSD official who is principal advisor and assistent to the SECDEF
for budget and financial matters? - (CORRECT ANSWER)Under Secretary of Defense
(Comptroller)/Chief Financial Officer



The Under Secretary of Defense (Acquisition, Technology & Logistics) serves as the Chairman
of what Board - (CORRECT ANSWER)Defense Acquisition Board (DAB)



Assume todays date is 1 March 2014 and your organization knows about a new project or
requirement that will require its initial funding in FY 2021. What is the first PPBE related
document in which you could identify resources for that requirement - (CORRECT
ANSWER)POM 2017 - 2021


What is the title of the final document of the planning phase? - (CORRECT ANSWER)Defense
Planning Guidance (DPG)


What is the title of the document prepared by the D,CAPE and USD(C) in the May to June time
frame that provides guidance to Components for preparation of their POM and BES
submissions? - (CORRECT ANSWER)Integrated Program/Budget Review Guidance


What is the name of the automated database that summarizes all forces, resources, and
equipment associated with programs approved by the Secretary of Defense? - (CORRECT
ANSWER)Future Years Defense Program (FYDP)

,What is the phase of the PPBE process in which programmatic decisions are translated into
requested resources in an appropriations format - (CORRECT ANSWER)Budgeting (Budget
Development)



What is the name of the document prepare by the Joint Staff after its review of POMs submitted
by the Military Departments that focuses on the balance and capabilities contained in those
POMs? (This document provides SECDEF with the JCS evaluation of the Military Departments
submissions) - (CORRECT ANSWER)Chairman's Program Assessment (CPA) {Chairman, JCS}


Near the end of the budget review process the SECDEF and DEPSEC may conduct a review of
Component major policy or budget issues that have not yet been resolved. Resolution of these
issues may displace other programs within the fixed DoD topline. What is the name of this
review? - (CORRECT ANSWER)Issue Resolution



Following a review of a Component's budget submission and a potential budget hearing in the
fall timeframe the reviewing USD(C) budget analyst prepares a draft document that is submitted
to the DEPSECDEF or SECDEF for a decision. Once signed by one of those senior officials ,
what is the document called? - (CORRECT ANSWER)Resource Management Decision



After all resource-related decisions have been made by the DEPSECDEF or SECDEF to
determine the Defense portion of the President's Budget, the USD(C) posts final decisions into a
database in the proper appropriation account format. What is the title of that database? -
(CORRECT ANSWER)Comptroller Information System (CIS)


Advance Procurement is an exception to what funding policy? - (CORRECT ANSWER)Full
Funding Policy



Within what type of document does Congress specify the number of fiscal years that an
appropriation account remains current and available for new obligations? - (CORRECT
ANSWER)An appropriation bill (becomes law when signed by President)

, There are two primary methods by which DoD obligates the vast majority of its appropriations.
Name those two methods - (CORRECT ANSWER)Contracts and MIPRS



Assume an agency has issued an Economy Act order to another Federal Agency for specific
services, the cited appropriation has gone into an expired status and the servicing agency has
neither provided the ordered services nor has entered into an authorized contract with another
entity to provide ordered services. What must now be done with those obligated funds? -
(CORRECT ANSWER)De-obligate


What is the term used for shifting funds between appropriations? - (CORRECT
ANSWER)Transfer action


What is the long term financial goal of a working capital fund? - (CORRECT ANSWER)To
break even


A working capital fund has an officer (O-4) properly assigned to the organization and that officer
is doing the work that would normally be performed by a GS-13. For managerial cost accounting
purposes, is the "cost" of that officer's pay and benefits "charged" at the military O-4 rate or the
civilian GS-13 rate? - (CORRECT ANSWER)Civilian GS-13 rate (and the proper MILPER
account is reimbursed for that amount)



Assume your organization overpaid a contractor on a contract awarded with an appropriation that
is now in the cancelled status, and the contractor has sent in a check for that overpayment. What
can your organization legally do with that refund from the contractor? - (CORRECT
ANSWER)Credit the refund to the miscellaneous receipts of the US Treasury



Monies not appropriated by Congress that are generated primarily from the sale of goods and
services are known as what? - (CORRECT ANSWER)Non-appropriated Funds



What is the mission of the DoD? - (CORRECT ANSWER)Deter war

To protect the security of our country

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