CDFM MODULE 1 TEST 2026 TEST PAPER
QUESTIONS AND FULL SOLUTIONS
GUARANTEED TO PASS
◉ Statement of Assurance. Answer: Unqualified statement,
Qualified, Negative statement
◉ DoD's Managers' Internal Control Program. Answer: Defined in
the DoD Instruction 5010.40
◉ 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
◉ Appropriating Committees. Answer: Generally adhere to decisions
made by the authorizing committees but are not required to do so.
◉ OMB Circular A-76. Answer: Government policy to compare costs
of commercial and in-house workforce where permissible, to
determine who performs the work
,◉ 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
◉ 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
◉ 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
◉ Quadrennial Defense Review (QDR). Answer: Used as DoD's
Strategic Plan
◉ GPRA. Answer: Government Performance and Results Act
◉ Government Performance and Results Act (GPRA). Answer:
Implementing by conducting strategic planning, developing
performance plans, and establishes performance goals.
◉ July 4, 1776. Answer: Declaration of Independence was adopted
, ◉ 1781. Answer: Articles of Confederation ratified
◉ June 1788. Answer: Constitution Ratified by nine states
◉ March 4, 1789. Answer: Constitution took effect
◉ Concurrent Budget Resolution. Answer: Sets ceilings for
appropriations bills
◉ Recusal, Waivers, Certificates of Divestiture, Trusts (blind).
Answer: Remedies for avoiding potential conflicts of interest
◉ Avoid, Accommodate, Compete, Compromise, Collaborate.
Answer: Approaches to dealing with conflict
◉ GAO Standards. Answer: Control Environment, Control Activities,
Risk Assessment, Information and Communication, Monitoring
◉ Purpose. Answer: Funds may be used only for the purposes
authorized in the appropriations acts
◉ Amount. Answer: Obligations and expenditures may not exceed
statutory established amounts
QUESTIONS AND FULL SOLUTIONS
GUARANTEED TO PASS
◉ Statement of Assurance. Answer: Unqualified statement,
Qualified, Negative statement
◉ DoD's Managers' Internal Control Program. Answer: Defined in
the DoD Instruction 5010.40
◉ 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
◉ Appropriating Committees. Answer: Generally adhere to decisions
made by the authorizing committees but are not required to do so.
◉ OMB Circular A-76. Answer: Government policy to compare costs
of commercial and in-house workforce where permissible, to
determine who performs the work
,◉ 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
◉ 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
◉ 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
◉ Quadrennial Defense Review (QDR). Answer: Used as DoD's
Strategic Plan
◉ GPRA. Answer: Government Performance and Results Act
◉ Government Performance and Results Act (GPRA). Answer:
Implementing by conducting strategic planning, developing
performance plans, and establishes performance goals.
◉ July 4, 1776. Answer: Declaration of Independence was adopted
, ◉ 1781. Answer: Articles of Confederation ratified
◉ June 1788. Answer: Constitution Ratified by nine states
◉ March 4, 1789. Answer: Constitution took effect
◉ Concurrent Budget Resolution. Answer: Sets ceilings for
appropriations bills
◉ Recusal, Waivers, Certificates of Divestiture, Trusts (blind).
Answer: Remedies for avoiding potential conflicts of interest
◉ Avoid, Accommodate, Compete, Compromise, Collaborate.
Answer: Approaches to dealing with conflict
◉ GAO Standards. Answer: Control Environment, Control Activities,
Risk Assessment, Information and Communication, Monitoring
◉ Purpose. Answer: Funds may be used only for the purposes
authorized in the appropriations acts
◉ Amount. Answer: Obligations and expenditures may not exceed
statutory established amounts
