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CDFM Training Module 1 2025/2026 Exam Questions and Answers | 100% Solved

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CDFM Training Module 1 2025/2026 Exam Questions and Answers | 100% Solved Which is NOT a remedy to avoid conflict in financial disclosure? -

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CDFM Training Module 1 2025/2026
Exam Questions and Answers | 100%
Solved



Which is NOT a remedy to avoid conflict in financial disclosure? - 🧠 ANSWER

✔✔Options


Under section 1501(a) (1), an amount shall be recorded as an obligation of the

United States Government only when supported by documentary evidence of

EXCEPT: - 🧠 ANSWER ✔✔Authorized by Defense Finance and Accounting

Services (DFAS).

Which of the following statements is NOT true about funding gaps? - 🧠 ANSWER

✔✔Pursuant to 31 U.S.C. 1342, agencies have broad discretion in determining

operations which protect life and property, so that these operations may continue

If Congress is in session and a bill is NOT signed by the President in 10 days it: - 🧠

ANSWER ✔✔Becomes law.




1
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STATEMENT. ALL RIGHTS RESERVED

, 2



Which of the statements is true about the A-76 process? - 🧠 ANSWER ✔✔The

goal of the A-76 process is to improve economy and productivity without regard to

whether any activities are ultimately outsourced.


The term "color of money" refers to: - 🧠 ANSWER ✔✔Different appropriations

and their uses

Which of the GAO Standards for Internal Control in the Federal Government

serves as a basis for establishing clearly defined mission and organizational

objectives to ensure compliance? - 🧠 ANSWER ✔✔Risk assessment


The "third house of Congress" refers to the: - 🧠 ANSWER ✔✔Conference

committee.

How many standards are there in the GAO Standards of Internal Control? - 🧠

ANSWER ✔✔5


What is the specific procedure for requesting a decision from the Comptroller

General? - 🧠 ANSWER ✔✔There is no specific procedure


Which statement about assessable units is true? - 🧠 ANSWER ✔✔An assessable

unit should be a subdivision of an organization that ensures a reasonable span of

management control to allow for adequate control analysis.



2
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STATEMENT. ALL RIGHTS RESERVED

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