CDFM Module 1 Competency 3:
Knowledge Check 2025/2026 Exam
Questions and Answers | 100% Solved
What is the name of the Department's internal control effort? - 🧠 ANSWER
✔✔Manger's Internal Control Program
The purpose of the Federal Manager's Integrity Act of 1982 are to prevent waste or
misuse of agency funds or property and to assure the accountability of what? - 🧠
ANSWER ✔✔Assets
What do internal controls reasonably ensure? - 🧠 ANSWER ✔✔- Programs
achieve results
- Resources are used efficiently
- Programs/resources are protected from waste, fraud, and mismanagement
- Laws and regulations are followed
- Financial reporting is reliable and accurate
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