CDFM Module 3 2025 COMPREHENSIVE EXAM
QUESTIONS WITH DETAILED VERIFIED AND 100%
CORRECT ANSWERS BRAND NEW EXAM ALREADY
GRADED A+!!
What are the three tests that must be met for use of the Necessary Expense
doctrine? - (ANSWER)Must bear a logical relationship
Not prohibited by law
Not funded elsewhere
(p 3.1.17)
Who grants relief of liability to a certifying officer for erroneous or illegal
payments in the Department of Defense? - (ANSWER)The Defense Finance and
Accounting Service (*DFAS*)
(p. 3.1.51)
What type of budgetary resources remains available for new obligations for more
than one fiscal year? - (ANSWER)Multi-year authority
(p. 3.1.24)
What type of Congressional resolution can be thought of as a temporary
appropriations act? - (ANSWER)Continuing Resolution (*CR*)
(p. 3.1.41)
,What agency apportions funds for a working capital fund? - (ANSWER)The Office
of Management and Budget (*OMB*)
(p. 2.1.71)
What is the acronym for disbursing office identification numbers? -
(ANSWER)Disbursing Station Symbol Numbers (*DSSN*)
(p. 3.2.30)
What three primary types of officials are accountable Individuals in the DoD? -
(ANSWER)Certifying Officers (*CO*),
Disbursing Officers (*DO*),
Departmental Accountable Officials (*DAO*)
(p. 2.2.21, 2.2.64)
What is the normal collection method for debts owed by active military members
and civilian employees who are still in service? - (ANSWER)Salary Offset
garnishing
(p. 3.2.38)
When collecting debts owed by vendors that have failed to properly respond to
the demand letters, what is the next step? - (ANSWER)Do Not Pay List
(p. 3.2.40)
,When in doubt about the proper use of an appropriation, what may the
disbursing officer request form the OSD General Counsel on the propriety of the
prospective payment? - (ANSWER)An Advance Decision
(p. 3.2.12)
When a civilian employee moves from a job overseas to a job in the states, which
organization pays for the Permanent Duty Travel? - (ANSWER)The "*losing*"
activity
(the *OCONUS* activity)
(p. 3.2.22)
Name the supporting documents required in the DoD Payment Package? -
(ANSWER)Contract
Invoice
Proof of Receipt
Acceptance Document
(p. 3.2.24)
Name two key forms that provide accountability and control by Disbursing
Officers? - (ANSWER)Standard Form *1219*, Statement of Accountability
(monthly)
DD Form *2657*, Daily Statement of Accountability
(p. 3.2.44)
, What term is used to describe Federal Government funds that have been paid but
have not yet been identified to a specific organization? - (ANSWER)Undistributed
Disbursement
(p. 3.3.39)
The aggregate amount of an entity's funds in the Treasury is in what account? -
(ANSWER)Fund Balance with Treasury
(p. 3.3.39)
Which three Federal agencies established the FASAB? - (ANSWER)The
Government Accountability Office (*GAO*),
the Department of Treasury, and
the Office of Management and Budget (*OMB*)
(p. 3.3.13)
What is the Federal law that specifically required existing CFO agencies to have
financial statements that successfully pass a financial audit? - (ANSWER)The
Government Management Reform Act of 1994
(p. 3.4.5)
Which standards generally apply to all Federal Government audits? -
(ANSWER)GAO Standards or GAGAS
(p. 3.4.10)
QUESTIONS WITH DETAILED VERIFIED AND 100%
CORRECT ANSWERS BRAND NEW EXAM ALREADY
GRADED A+!!
What are the three tests that must be met for use of the Necessary Expense
doctrine? - (ANSWER)Must bear a logical relationship
Not prohibited by law
Not funded elsewhere
(p 3.1.17)
Who grants relief of liability to a certifying officer for erroneous or illegal
payments in the Department of Defense? - (ANSWER)The Defense Finance and
Accounting Service (*DFAS*)
(p. 3.1.51)
What type of budgetary resources remains available for new obligations for more
than one fiscal year? - (ANSWER)Multi-year authority
(p. 3.1.24)
What type of Congressional resolution can be thought of as a temporary
appropriations act? - (ANSWER)Continuing Resolution (*CR*)
(p. 3.1.41)
,What agency apportions funds for a working capital fund? - (ANSWER)The Office
of Management and Budget (*OMB*)
(p. 2.1.71)
What is the acronym for disbursing office identification numbers? -
(ANSWER)Disbursing Station Symbol Numbers (*DSSN*)
(p. 3.2.30)
What three primary types of officials are accountable Individuals in the DoD? -
(ANSWER)Certifying Officers (*CO*),
Disbursing Officers (*DO*),
Departmental Accountable Officials (*DAO*)
(p. 2.2.21, 2.2.64)
What is the normal collection method for debts owed by active military members
and civilian employees who are still in service? - (ANSWER)Salary Offset
garnishing
(p. 3.2.38)
When collecting debts owed by vendors that have failed to properly respond to
the demand letters, what is the next step? - (ANSWER)Do Not Pay List
(p. 3.2.40)
,When in doubt about the proper use of an appropriation, what may the
disbursing officer request form the OSD General Counsel on the propriety of the
prospective payment? - (ANSWER)An Advance Decision
(p. 3.2.12)
When a civilian employee moves from a job overseas to a job in the states, which
organization pays for the Permanent Duty Travel? - (ANSWER)The "*losing*"
activity
(the *OCONUS* activity)
(p. 3.2.22)
Name the supporting documents required in the DoD Payment Package? -
(ANSWER)Contract
Invoice
Proof of Receipt
Acceptance Document
(p. 3.2.24)
Name two key forms that provide accountability and control by Disbursing
Officers? - (ANSWER)Standard Form *1219*, Statement of Accountability
(monthly)
DD Form *2657*, Daily Statement of Accountability
(p. 3.2.44)
, What term is used to describe Federal Government funds that have been paid but
have not yet been identified to a specific organization? - (ANSWER)Undistributed
Disbursement
(p. 3.3.39)
The aggregate amount of an entity's funds in the Treasury is in what account? -
(ANSWER)Fund Balance with Treasury
(p. 3.3.39)
Which three Federal agencies established the FASAB? - (ANSWER)The
Government Accountability Office (*GAO*),
the Department of Treasury, and
the Office of Management and Budget (*OMB*)
(p. 3.3.13)
What is the Federal law that specifically required existing CFO agencies to have
financial statements that successfully pass a financial audit? - (ANSWER)The
Government Management Reform Act of 1994
(p. 3.4.5)
Which standards generally apply to all Federal Government audits? -
(ANSWER)GAO Standards or GAGAS
(p. 3.4.10)
