CDFM Module 3 (2025/2026) ACTUAL EXAM COMPREHENSIVE
CDFM - Module 3
QUESTIONS AND VERIFIED ACCURATE SOLUTION (DETAILED &
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ELABORATED) |GET IT 100% ACCURATE!! 2025 TEST!!
1. What are the three tests that must be met for use Must bear a logical relationship
of the Necessary Expense doctrine? Not prohibited by law
Not funded elsewhere
(p 3.1.17)
2. Who grants relief of liability to a certifying officer The Defense Finance and Ac-
for erroneous or illegal payments in the Depart- counting Service (*DFAS*)
ment of Defense? (p. 3.1.51)
3. What type of budgetary resources remains avail- Multi-year authority
able for new obligations for more than one fiscal (p. 3.1.24)
year?
4. What type of Congressional resolution can be Continuing Resolution (*CR*)
thought of as a temporary appropriations act? (p. 3.1.41)
5. What agency apportions funds for a working cap- The Office of Management and
ital fund? Budget (*OMB*)
(p. 2.1.71)
6. What is the acronym for disbursing office identi- Disbursing Station Symbol Num-
fication numbers? bers (*DSSN*)
(p. 3.2.30)
7. What three primary types of officials are account- Certifying Officers (*CO*),
able Individuals in the DoD? Disbursing Officers (*DO*),
Departmental Accountable Offi-
cials (*DAO*)
(p. 2.2.21, 2.2.64)
8. What is the normal collection method for debts Salary Offset garnishing
owed by active military members and civilian em- (p. 3.2.38)
ployees who are still in service?
, CDFM - Module 3
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9. When collecting debts owed by vendors that have Do Not Pay List
failed to properly respond to the demand letters, (p. 3.2.40)
what is the next step?
10. When in doubt about the proper use of an appro- An Advance Decision
priation, what may the disbursing officer request (p. 3.2.12)
form the OSD General Counsel on the propriety
of the prospective payment?
11. When a civilian employee moves from a job over- The "*losing*" activity
seas to a job in the states, which organization (the *OCONUS* activity)
pays for the Permanent Duty Travel? (p. 3.2.22)
12. Name the supporting documents required in the Contract
DoD Payment Package? Invoice
Proof of Receipt
Acceptance Document
(p. 3.2.24)
13. Name two key forms that provide accountability Standard Form *1219*, State-
and control by Disbursing Officers? ment of Accountability (month-
ly)
DD Form *2657*, Daily State-
ment of Accountability
(p. 3.2.44)
14. What term is used to describe Federal Govern- Undistributed Disbursement
ment funds that have been paid but have not yet (p. 3.3.39)
been identified to a specific organization?
15. The aggregate amount of an entity's funds in the Fund Balance with Treasury
Treasury is in what account? (p. 3.3.39)
, CDFM - Module 3
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16. Which three Federal agencies established the The Government Accountability
FASAB? Office (*GAO*),
the Department of Treasury, and
the Office of Management and
Budget (*OMB*)
(p. 3.3.13)
17. What is the Federal law that specifically required The Government Management
existing CFO agencies to have financial state- Reform Act of 1994
ments that successfully pass a financial audit? (p. 3.4.5)
18. Which standards generally apply to all Federal GAO Standards or GAGAS
Government audits? (p. 3.4.10)
19. How many hours of continuing professional edu- 80 hours in 2 years
cation must an auditor complete every 2 years? (p. 3.4.14)
20. What is the minimum number of hours that must 20 hours minimum each year
be completed in any year of the 2-year period? (p. 3.4.14)
21. The auditor is restricted access to essential data External Impairment
necessary to satisfy the audit objective. What type (p. 3.4.12)
of impairment would this be?
22. Which type of audit is expected to determine Financial Audit
whether: (p. 3.4.22)
- The financial information is presented in accor-
dance with established stated criteria;
- The entity has adhered to specific financial com-
pliance requirements; and
- The entity's internal control structure over fi-
nancial reporting and/or safeguarding of assets
, CDFM - Module 3
Study online at https://quizlet.com/_5dzf0u
is suitably designed and implemented to achieve
the control objective?
23. Which type of audit is expected to determine Performance Audit
whether: (p. 3.4.22)
- The entity is acquiring, using, and protecting its
resources economically and efficiently;
- The entity's programs are achieving the desired
results or benefits; and
- The entity is accomplishing its mission in ac-
cordance with applicable laws, regulations, and
public policies.
24. What does Title 31 do? Provides statutory authority for
the use, control, and account-
ability of public funds.
25. The established rule is that the expenditure of Basic Axiom of Fiscal Law
public funds is proper only when authorized by
Congress, not that public funds may be expended
unless prohibited by Congress.
26. What are the sources of Fiscal Law? - The Constitution
- Authorization Acts
- Appropriation Acts
- General Statutes
- CG Decisions & Courts
27. Which part of the constitution empowers the Con- Article 1, Section 7
gress to pass bills for the raising of revenue, and
delineates how bills will pass from the Congress
to the President for signature or veto?
CDFM - Module 3
QUESTIONS AND VERIFIED ACCURATE SOLUTION (DETAILED &
Study online at https://quizlet.com/_5dzf0u
ELABORATED) |GET IT 100% ACCURATE!! 2025 TEST!!
1. What are the three tests that must be met for use Must bear a logical relationship
of the Necessary Expense doctrine? Not prohibited by law
Not funded elsewhere
(p 3.1.17)
2. Who grants relief of liability to a certifying officer The Defense Finance and Ac-
for erroneous or illegal payments in the Depart- counting Service (*DFAS*)
ment of Defense? (p. 3.1.51)
3. What type of budgetary resources remains avail- Multi-year authority
able for new obligations for more than one fiscal (p. 3.1.24)
year?
4. What type of Congressional resolution can be Continuing Resolution (*CR*)
thought of as a temporary appropriations act? (p. 3.1.41)
5. What agency apportions funds for a working cap- The Office of Management and
ital fund? Budget (*OMB*)
(p. 2.1.71)
6. What is the acronym for disbursing office identi- Disbursing Station Symbol Num-
fication numbers? bers (*DSSN*)
(p. 3.2.30)
7. What three primary types of officials are account- Certifying Officers (*CO*),
able Individuals in the DoD? Disbursing Officers (*DO*),
Departmental Accountable Offi-
cials (*DAO*)
(p. 2.2.21, 2.2.64)
8. What is the normal collection method for debts Salary Offset garnishing
owed by active military members and civilian em- (p. 3.2.38)
ployees who are still in service?
, CDFM - Module 3
Study online at https://quizlet.com/_5dzf0u
9. When collecting debts owed by vendors that have Do Not Pay List
failed to properly respond to the demand letters, (p. 3.2.40)
what is the next step?
10. When in doubt about the proper use of an appro- An Advance Decision
priation, what may the disbursing officer request (p. 3.2.12)
form the OSD General Counsel on the propriety
of the prospective payment?
11. When a civilian employee moves from a job over- The "*losing*" activity
seas to a job in the states, which organization (the *OCONUS* activity)
pays for the Permanent Duty Travel? (p. 3.2.22)
12. Name the supporting documents required in the Contract
DoD Payment Package? Invoice
Proof of Receipt
Acceptance Document
(p. 3.2.24)
13. Name two key forms that provide accountability Standard Form *1219*, State-
and control by Disbursing Officers? ment of Accountability (month-
ly)
DD Form *2657*, Daily State-
ment of Accountability
(p. 3.2.44)
14. What term is used to describe Federal Govern- Undistributed Disbursement
ment funds that have been paid but have not yet (p. 3.3.39)
been identified to a specific organization?
15. The aggregate amount of an entity's funds in the Fund Balance with Treasury
Treasury is in what account? (p. 3.3.39)
, CDFM - Module 3
Study online at https://quizlet.com/_5dzf0u
16. Which three Federal agencies established the The Government Accountability
FASAB? Office (*GAO*),
the Department of Treasury, and
the Office of Management and
Budget (*OMB*)
(p. 3.3.13)
17. What is the Federal law that specifically required The Government Management
existing CFO agencies to have financial state- Reform Act of 1994
ments that successfully pass a financial audit? (p. 3.4.5)
18. Which standards generally apply to all Federal GAO Standards or GAGAS
Government audits? (p. 3.4.10)
19. How many hours of continuing professional edu- 80 hours in 2 years
cation must an auditor complete every 2 years? (p. 3.4.14)
20. What is the minimum number of hours that must 20 hours minimum each year
be completed in any year of the 2-year period? (p. 3.4.14)
21. The auditor is restricted access to essential data External Impairment
necessary to satisfy the audit objective. What type (p. 3.4.12)
of impairment would this be?
22. Which type of audit is expected to determine Financial Audit
whether: (p. 3.4.22)
- The financial information is presented in accor-
dance with established stated criteria;
- The entity has adhered to specific financial com-
pliance requirements; and
- The entity's internal control structure over fi-
nancial reporting and/or safeguarding of assets
, CDFM - Module 3
Study online at https://quizlet.com/_5dzf0u
is suitably designed and implemented to achieve
the control objective?
23. Which type of audit is expected to determine Performance Audit
whether: (p. 3.4.22)
- The entity is acquiring, using, and protecting its
resources economically and efficiently;
- The entity's programs are achieving the desired
results or benefits; and
- The entity is accomplishing its mission in ac-
cordance with applicable laws, regulations, and
public policies.
24. What does Title 31 do? Provides statutory authority for
the use, control, and account-
ability of public funds.
25. The established rule is that the expenditure of Basic Axiom of Fiscal Law
public funds is proper only when authorized by
Congress, not that public funds may be expended
unless prohibited by Congress.
26. What are the sources of Fiscal Law? - The Constitution
- Authorization Acts
- Appropriation Acts
- General Statutes
- CG Decisions & Courts
27. Which part of the constitution empowers the Con- Article 1, Section 7
gress to pass bills for the raising of revenue, and
delineates how bills will pass from the Congress
to the President for signature or veto?
