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CDFM MODULE 3 EXAM LATEST 2025/2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
What are the statutory exceptions permitting employees to
conduct operations? - ANSWER-involving safety of life and
protection of property (e.g. air traffic controllers)
When funds were provided to begin a program or project in the
middle of a fiscal year, you need to what? - ANSWER-annualize
the funds to determine the current rate.
If $1 billian was provided in an R&D appropriation last year and
$750 million was obligated as of the end of the prior fiscal year,
the amount of the appropriation under the continuing resolution
would be? - ANSWER-$750 million
Most continuing resolutions contain provisions restricting what? -
ANSWER-new starts
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Who is an Accountable Individual? - ANSWER-Departmental
Accountable Official (*DAO*)
Certifying Officer (*CO*)
Disbursing Officer (*DO*)
Others
An ___ is any Government officer or employee who, by the
reason of his or her employment, is responsible for or has custody
of Government funds. - ANSWER-accountable individual
A ___ is a Government officer or employee whose job is or
includes certifying vouchers for payment and has no public funds
in his/her possession. - ANSWER-certifying officer
A certifying officer has the statutory right (31 USC___) to seek
and obtain an advance decision from the Comptroller General
regarding the lawfulness of any payment. - ANSWER-3529
For DoD, the advance decision authority has been delegated to
who? - ANSWER-DoD General Counsel
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Relief of Accountable Individual is covered by 31 USC ___ & ___
- ANSWER-3527 & 3528
What does the relief in
31 USC 3527 & 3528 cover? - ANSWER-Physical Loss
Illegal, Incorrect, or Improper Payments
Relief from Physical Loss includes - ANSWER-- SECDEF
determines that the official was carrying out official duties when
the loss occurred
- The loss was not the results of an illegal, improper, or incorrect
payment
- The loss was not the result of fault or negligence of the official
Relief from Illegal, Incorrect, or Improper Payment includes -
ANSWER-- Payment was not the result of bad faith or lack of
reasonable care
- The certification or payment was based on official records
- No law specifically prohibited the payment
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- The US Government received value for the payment
What happens if the SECDEF determines that all the ADA relief
criteria has been met? - ANSWER-The Comptroller General must
grant relief and cannot overrule the determination by DoD
What is the Statute of Limitations for ADA? - ANSWER-3 years for
errors
No time limit for fraud
___ is an existing condition, situation, or set of circumstances
involving uncertainty as to possible gain or loss to an entity that
will ultimately be resolved when one or more future events occur
or fail to occur. - ANSWER-Contingency
___ permits an agency to obligate funds in advance of
appropriations. - ANSWER-Contract Authority
CDFM MODULE 3 EXAM LATEST 2025/2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED|| ||BRANDNEW!!!||
What are the statutory exceptions permitting employees to
conduct operations? - ANSWER-involving safety of life and
protection of property (e.g. air traffic controllers)
When funds were provided to begin a program or project in the
middle of a fiscal year, you need to what? - ANSWER-annualize
the funds to determine the current rate.
If $1 billian was provided in an R&D appropriation last year and
$750 million was obligated as of the end of the prior fiscal year,
the amount of the appropriation under the continuing resolution
would be? - ANSWER-$750 million
Most continuing resolutions contain provisions restricting what? -
ANSWER-new starts
,2|Page
Who is an Accountable Individual? - ANSWER-Departmental
Accountable Official (*DAO*)
Certifying Officer (*CO*)
Disbursing Officer (*DO*)
Others
An ___ is any Government officer or employee who, by the
reason of his or her employment, is responsible for or has custody
of Government funds. - ANSWER-accountable individual
A ___ is a Government officer or employee whose job is or
includes certifying vouchers for payment and has no public funds
in his/her possession. - ANSWER-certifying officer
A certifying officer has the statutory right (31 USC___) to seek
and obtain an advance decision from the Comptroller General
regarding the lawfulness of any payment. - ANSWER-3529
For DoD, the advance decision authority has been delegated to
who? - ANSWER-DoD General Counsel
,3|Page
Relief of Accountable Individual is covered by 31 USC ___ & ___
- ANSWER-3527 & 3528
What does the relief in
31 USC 3527 & 3528 cover? - ANSWER-Physical Loss
Illegal, Incorrect, or Improper Payments
Relief from Physical Loss includes - ANSWER-- SECDEF
determines that the official was carrying out official duties when
the loss occurred
- The loss was not the results of an illegal, improper, or incorrect
payment
- The loss was not the result of fault or negligence of the official
Relief from Illegal, Incorrect, or Improper Payment includes -
ANSWER-- Payment was not the result of bad faith or lack of
reasonable care
- The certification or payment was based on official records
- No law specifically prohibited the payment
, 4|Page
- The US Government received value for the payment
What happens if the SECDEF determines that all the ADA relief
criteria has been met? - ANSWER-The Comptroller General must
grant relief and cannot overrule the determination by DoD
What is the Statute of Limitations for ADA? - ANSWER-3 years for
errors
No time limit for fraud
___ is an existing condition, situation, or set of circumstances
involving uncertainty as to possible gain or loss to an entity that
will ultimately be resolved when one or more future events occur
or fail to occur. - ANSWER-Contingency
___ permits an agency to obligate funds in advance of
appropriations. - ANSWER-Contract Authority
