1
CDFM-A Module 1: Resource
Management Environment - Competency
Area 4: Management's Responsibility for
Internal Control 2025/2026 Exam All
Answers and Illustrations Given
Learning Objectives of Module 1: Resource Management Environment -
Competency Area 4: Management's Responsibility for Internal Control - 🧠
ANSWER ✔✔1) Understand the concept of Internal Control
2) Describe the importance and requirements of Federal Managers' Financial
Integrity Act and OMB Circular A - 123
3) Summarize internal control standards, techniques, and documentation required
in the Department of Defense's Internal Control Program
OMB Circular A - 123 - 🧠 ANSWER ✔✔Management's Responsibility for Internal
Control
Appendix A to A - 123 - 🧠 ANSWER ✔✔Internal Control Over Financial
Reporting
1
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, 2
The Green Book (GAO/AIMD-00-21.3.1) - 🧠 ANSWER ✔✔GAO Standards for
Internal Control in the Federal Government
DoDI 5010.40 - 🧠 ANSWER ✔✔Managers' Internal Control Program (MICP)
Procedures
OMB Circular A - 136 - 🧠 ANSWER ✔✔Financial Reporting Requirements
Internal Controls - 🧠 ANSWER ✔✔Is a system of guidance, instructions,
regulations, procedures, rules, or other organization instructions intended to
determine the methods to be employed to carry out mission or operational actions
or objectives, and ensure that programs achieve intended results. It is the first line
of defense
Internal Control Illustrated Managements Role - 🧠 ANSWER ✔✔Management
should assess risks associated with achieving organization objectives and then
develop control activities to address those risks.
Internal Control Guidance Consists of: - 🧠 ANSWER ✔✔1) The Federal Manager's
Financial Integrity Act (FMFIA) of 1982
2) OMB Circular A - 123, Management's Responsibility for Internal Control
3) Standards for Internal Control in the Federal Government
2
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
CDFM-A Module 1: Resource
Management Environment - Competency
Area 4: Management's Responsibility for
Internal Control 2025/2026 Exam All
Answers and Illustrations Given
Learning Objectives of Module 1: Resource Management Environment -
Competency Area 4: Management's Responsibility for Internal Control - 🧠
ANSWER ✔✔1) Understand the concept of Internal Control
2) Describe the importance and requirements of Federal Managers' Financial
Integrity Act and OMB Circular A - 123
3) Summarize internal control standards, techniques, and documentation required
in the Department of Defense's Internal Control Program
OMB Circular A - 123 - 🧠 ANSWER ✔✔Management's Responsibility for Internal
Control
Appendix A to A - 123 - 🧠 ANSWER ✔✔Internal Control Over Financial
Reporting
1
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, 2
The Green Book (GAO/AIMD-00-21.3.1) - 🧠 ANSWER ✔✔GAO Standards for
Internal Control in the Federal Government
DoDI 5010.40 - 🧠 ANSWER ✔✔Managers' Internal Control Program (MICP)
Procedures
OMB Circular A - 136 - 🧠 ANSWER ✔✔Financial Reporting Requirements
Internal Controls - 🧠 ANSWER ✔✔Is a system of guidance, instructions,
regulations, procedures, rules, or other organization instructions intended to
determine the methods to be employed to carry out mission or operational actions
or objectives, and ensure that programs achieve intended results. It is the first line
of defense
Internal Control Illustrated Managements Role - 🧠 ANSWER ✔✔Management
should assess risks associated with achieving organization objectives and then
develop control activities to address those risks.
Internal Control Guidance Consists of: - 🧠 ANSWER ✔✔1) The Federal Manager's
Financial Integrity Act (FMFIA) of 1982
2) OMB Circular A - 123, Management's Responsibility for Internal Control
3) Standards for Internal Control in the Federal Government
2
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
