CDFM Module 2 Exam Questions and
Answers Verified Solutions Latest Update
2026/2027
Question:
Department of Defense principal resource management organization.
Answer:
Defense Resourses Board
Question:
Principal forum for consideration of national security and foreign policy matters.
Answer:
National Security Council
Question:
Which of the following documents are not part of the PPBS System.
Answer:
Program Budget Memorandum
Question:
Summarizes all forces, resources, and equipment associated with programs approved by the
SECDEF.
Answer:
Future Years Defense Program
Question:
,This document assesses present threat, defense policy, strategy, resource planning, and provides
fiscal guidance.
Answer:
Defense Planning Guidance
Question:
Funds that are postponed or withheld from obligation until released by OMB.
Answer:
Deferral
Question:
Obligating documents include:
Answer:
Contracts Military Interdepartmental Purchase
Project Orders Economy Orders
Question:
DoD Appropriation valid for five years.
Answer:
Shipbuilding and Conversion
Question:
Selling prices established in the budget are stabilized or fixed during execution.
Answer:
Defense Working Capital Fund
Question:
Monies not appropratied by Congress that are generated primarily from the sale of goods and
services are know as what?
,Answer:
Non- Appropriated Funds
Question:
Budget committees report First Concurrent Resolution by:
Answer:
April 15
Question:
What OMB Circular governs the Instruction of Budget Execution?
Answer:
OMB Circular A-34
Question:
Which Standard Deviation reflects that 95% of the sample represents the population?
Answer:
2 Standard Deviation
Question:
The learning curve theory states:
Answer:
As the quantity of a product produced doubles, the man hours needed decreases at a fixed rate
Question:
Which cost estimating methods is known as the statistical method?
Answer:
Parametric Approach
, Question:
What is the name of the process in which a government entity remains fully responsible for the
provision of affected services and maintains control over management decisions, while another
entirty operate the function or performs the service?
Answer:
Outsourcing
Question:
This act requires all expenditures must be tied to annual performance goals and objective.
Answer:
Government Performance and Results Act
Question:
The Food and Forage Act is:
Answer:
41 U.S.C. 11
Question:
The process used to acquire, allocate, account for, and analyze personnel and financial resources
for the Department of Defense (DoD) is a:
Answer:
Biennial process.
Question:
The PPBS was initiated by:
Answer:
Secretary McNamara in the 1960s.
Answers Verified Solutions Latest Update
2026/2027
Question:
Department of Defense principal resource management organization.
Answer:
Defense Resourses Board
Question:
Principal forum for consideration of national security and foreign policy matters.
Answer:
National Security Council
Question:
Which of the following documents are not part of the PPBS System.
Answer:
Program Budget Memorandum
Question:
Summarizes all forces, resources, and equipment associated with programs approved by the
SECDEF.
Answer:
Future Years Defense Program
Question:
,This document assesses present threat, defense policy, strategy, resource planning, and provides
fiscal guidance.
Answer:
Defense Planning Guidance
Question:
Funds that are postponed or withheld from obligation until released by OMB.
Answer:
Deferral
Question:
Obligating documents include:
Answer:
Contracts Military Interdepartmental Purchase
Project Orders Economy Orders
Question:
DoD Appropriation valid for five years.
Answer:
Shipbuilding and Conversion
Question:
Selling prices established in the budget are stabilized or fixed during execution.
Answer:
Defense Working Capital Fund
Question:
Monies not appropratied by Congress that are generated primarily from the sale of goods and
services are know as what?
,Answer:
Non- Appropriated Funds
Question:
Budget committees report First Concurrent Resolution by:
Answer:
April 15
Question:
What OMB Circular governs the Instruction of Budget Execution?
Answer:
OMB Circular A-34
Question:
Which Standard Deviation reflects that 95% of the sample represents the population?
Answer:
2 Standard Deviation
Question:
The learning curve theory states:
Answer:
As the quantity of a product produced doubles, the man hours needed decreases at a fixed rate
Question:
Which cost estimating methods is known as the statistical method?
Answer:
Parametric Approach
, Question:
What is the name of the process in which a government entity remains fully responsible for the
provision of affected services and maintains control over management decisions, while another
entirty operate the function or performs the service?
Answer:
Outsourcing
Question:
This act requires all expenditures must be tied to annual performance goals and objective.
Answer:
Government Performance and Results Act
Question:
The Food and Forage Act is:
Answer:
41 U.S.C. 11
Question:
The process used to acquire, allocate, account for, and analyze personnel and financial resources
for the Department of Defense (DoD) is a:
Answer:
Biennial process.
Question:
The PPBS was initiated by:
Answer:
Secretary McNamara in the 1960s.
