Exam (elaborations)
CDFM, Module 1.4 Questions With Correct Answers
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CDFM, Module 1.4 Questions With Correct Answers Internal Control Program - Answer-The DOD established this to comply with the requirements of the Federal Managers' Financial Integrity Act of 1982 as codified in 31 U.S.C. 3512. DOD defines internal controls as - Answer-"the organization, policies, and procedures that help program and financial managers to achieve results and safeguard the integrity of their programs." Federal employees must ensure that government resources: - Answer-Are used efficiently and effectively to achieve intended program results. Are used in a way that is consistent with the agency's mission; is in compliance with law and regulation; and minimizes potential for waste, fraud, and mismanagement.
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- September 24, 2023
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