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Exam (elaborations)

CDFM Module 1.2 Questions and Answers Rated A+

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CDFM Module 1.2 Questions and Answers Rated A+ Performance of Commercial Activities and Inherently governmental activities is found where? OMB Circular A-76 Reporting on Employment and Personnel Compensation is found in where? OMB Circular A-11 Where can the rules for calculating FTE employment be found? OMB Circular A-11 What term is used to refer to the totality of units in a DOD component? Force Structure What types of activities are excluded from competition under OMB Circular A-76? Inherently governmental What is one of the exceptions to the ban on gifts from outside sources? the value of the gift is 20 dollars or less What term Is used to refer to the authorized and programmed strength at the end of the fiscal year for the active forces, the selected reserve, and appropriated fund civilian employees in the FYDP? Peacetime strength Who issues guidance annually on manpower structure for the Department of Defense? Under Secretary of Defense (Personnel and Readiness) Operation chain of command from President down? President to SECDEF to Combatant Commanders What is the official DOD database that summarizes the resources (appropriation, manpower authorization and program) provided for the DOD? FYDP 10 employees left our organization over the last 12 months. We have 100 employees total. What is the Turnover rate? 10/100=10% If it takes 65 workdays to fill a position after an employee leaves, and there are 260 workdays in the year, what is the Fill rate? 65/260=25% 10 employees left our organization over the last 12 months. We have 100 employees total. If it takes 65 workdays to fill a position after an employee leaves, and there are 260 workdays in the year, what is the Lapse Rate? (10/100=10% turn over rate)*(65/260=25%)=2.5% Lapse Rate What authorizes a buy out of no more than 25k for no more than 25k people a year? Title 5, Voluntary Separation Incentive Pay (VSIP) What authority allows a civilian to retire early? Title 5, Voluntary Early Retirement Authority (VERA) If a civilian accepts a buy out to separate, (VSIP), how long must they wait to rejoin the government workforce? 1 year What specifies the process to be followed to identify activities that are not inherently governmental and establishes a fair system of competition for the activities? Federal Activities Inventory reform act of 1998 This Act includes the development and reporting of cost information and the systematic measurement of performance by in house, contract or inter-service support agreements? The chief financial officers (CFO) Act of 1990 This Act mandates performance measurement by federal agencies. The government performance and results act (GPRA) of 1993 What outlines the technical, functional, and performance characteristics of the work to be performed and serve as a scope of work for making cost comparisons. Performance work statement When did congress set a moratorium on A-76 studies? NDAA 2011 Commercial bids for a contract must cost how much? 10% less than the most efficient organization (in house cost)

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CDFM - Certified Defense Financial Manager
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CDFM - Certified Defense Financial Manager








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CDFM - Certified Defense Financial Manager
Course
CDFM - Certified Defense Financial Manager

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Uploaded on
September 11, 2023
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