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CDFM Module 1 Test Questions and Answers Verified Solutions Latest Update

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CDFM Module 1 Test Questions and Answers Verified Solutions Latest Update

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CDFM Module 1 Test Questions and
Answers Verified Solutions Latest Update
2026/2027
Question:
Statement of Assurance.

Answer:
Unqualified statement, Qualified, Negative statement


Question:
DoD's Managers' Internal Control Program.

Answer:
Defined in the DoD Instruction 5010.40


Question:
Reasonable Assurance.

Answer:
The assurance when a DoD component head provides a Statement of Assurance that the
component's controls are in place and achieving their intended objectives


Question:
Appropriating Committees.

Answer:
Generally adhere to decisions made by the authorizing committees but are not required to do so.


Question:
OMB Circular A-76.

,Answer:
Government policy to compare costs of commercial and in-house workforce where permissible, to
determine who performs the work


Question:
Federal Managers' Financial Integrity Act of 1982.

Answer:
Requires the establishment of internal accounting and adminsitrative controls to ensure that funds
and property are safeguared against waste or misuse


Question:
200,000.

Answer:
Maximum number of members of the Selected Reserve and the Individual Ready Reserve who may
be on duty at any one time


Question:
30,000.

Answer:
Of the 200,000 Selected Reserve and Individual Ready Reserve who may be on duty This number
is the maximum number who may be members of the Individual Ready Reserve


Question:
Quadrennial Defense Review (QDR).

Answer:
Used as DoD's Strategic Plan


Question:
GPRA.

, Answer:
Government Performance and Results Act


Question:
Government Performance and Results Act (GPRA).

Answer:
Implementing by conducting strategic planning, developing performance plans, and establishes
performance goals.


Question:
July 4, 1776.

Answer:
Declaration of Independence was adopted


Question:
1781.

Answer:
Articles of Confederation ratified


Question:
June 1788.

Answer:
Constitution Ratified by nine states


Question:
March 4, 1789.

Answer:
Constitution took effect

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