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CDFM - Module 3 Exam Questions & Answers | Latest Update | Verified & Updated| 19 pages
Proprietary/Financial Accounting tracks - Answer ️️ -assets What specific statutory authority allows an agency to incur obligations in anticipation or in advance of either receipts or an appropriation of liquidating cash with which to pay the obligation? - Answer ️️ -Contract Authority Personal Impairments result from what? - Answer ️️ -relationships or beliefs that might weaken or slant audit findings Measures and controls the use of the resources according to the purposes for...
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Proprietary/Financial Accounting tracks - Answer ️️ -assets What specific statutory authority allows an agency to incur obligations in anticipation or in advance of either receipts or an appropriation of liquidating cash with which to pay the obligation? - Answer ️️ -Contract Authority Personal Impairments result from what? - Answer ️️ -relationships or beliefs that might weaken or slant audit findings Measures and controls the use of the resources according to the purposes for...
CDFM Exam 3 Questions & Answers | 200 Questions with 100% Correct Answers | Verified 2023 | 19 Pages
CDFM Exam 3 Questions & Answers | 200 Questions with 100% Correct Answers | Verified 2023 | 19 Pages Who are determined to be accountable individuals for the DoD? - Answer ️️ -Certifying & Disbursing Officers & DAOs If a contracting officer signs a contract in advance of an appropriation, what type of violation has occurred? - Answer ️️ -ADA What are the 4 major functions in DoD Finance? - Answer ️️ -Entitlements, Payments, Collections, Control of Public Funds What 3 primary...
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CDFM Exam 3 Questions & Answers | 200 Questions with 100% Correct Answers | Verified 2023 | 19 Pages Who are determined to be accountable individuals for the DoD? - Answer ️️ -Certifying & Disbursing Officers & DAOs If a contracting officer signs a contract in advance of an appropriation, what type of violation has occurred? - Answer ️️ -ADA What are the 4 major functions in DoD Finance? - Answer ️️ -Entitlements, Payments, Collections, Control of Public Funds What 3 primary...
CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024
CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024 Federal appropriations law can be categorized into which three topical areas? - Answer ️️ - Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answer ️️ -DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - Answer ️️ - Appropriations Contract Authority Borrowing Authority...
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CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024 Federal appropriations law can be categorized into which three topical areas? - Answer ️️ - Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answer ️️ -DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - Answer ️️ - Appropriations Contract Authority Borrowing Authority...
CDFM Module 1 Exam Practice with Complete Solutions| Latest Update | Verified & Updated
CDFM Module 1 Exam Practice with Complete Solutions| Latest Update | Verified & Updated Genesis of US federal process can be traced to these events - Answer ️️ -Declaration of independence, Articles of Confederation, Constitution ratified by 9 states, constitution took effect. What did amendment to articles of confederation require? - Answer ️️ -Unanimous approval of all the states Essential principle of constitution? - Answer ️️ -Everything you do must be legal in purpose, t...
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CDFM Module 1 Exam Practice with Complete Solutions| Latest Update | Verified & Updated Genesis of US federal process can be traced to these events - Answer ️️ -Declaration of independence, Articles of Confederation, Constitution ratified by 9 states, constitution took effect. What did amendment to articles of confederation require? - Answer ️️ -Unanimous approval of all the states Essential principle of constitution? - Answer ️️ -Everything you do must be legal in purpose, t...
CDFM - Module 3 Questions & Answers | 350 Questions with 100% Correct Answers | Verified 2023 | 43 Pages
CDFM - Module 3 Questions & Answers | 350 Questions with 100% Correct Answers | Verified 2023 | 43 Pages 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....
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CDFM - Module 3 Questions & Answers | 350 Questions with 100% Correct Answers | Verified 2023 | 43 Pages 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....
CDFM Module 4 Questions & Answers | 160 Questions with 100% Correct Answers | Verified 2024 | 19 Pages
CDFM Module 4 Questions & Answers | 160 Questions with 100% Correct Answers | Verified 2024 | 19 Pages What are Joint Acquisition Programs? - Answer ️️ -Joint Acquisition Programs is any acqusition system, subsystem, component, or technology program with astrategy that includes funding by more than one DoD component during any phase of a system's life cycle. Who decides to place programs under joint acquisition management? - Answer ️️ -The MDA decides whether to place programs un...
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CDFM Module 4 Questions & Answers | 160 Questions with 100% Correct Answers | Verified 2024 | 19 Pages What are Joint Acquisition Programs? - Answer ️️ -Joint Acquisition Programs is any acqusition system, subsystem, component, or technology program with astrategy that includes funding by more than one DoD component during any phase of a system's life cycle. Who decides to place programs under joint acquisition management? - Answer ️️ -The MDA decides whether to place programs un...
CDFM MODULE 1 Exam Questions with Complete Solutions | Latest Update| Verified & Updated | 11 pages
CDFM MODULE 1 Exam Questions with Complete Solutions | Latest Update| Verified & Updated | 11 pages Separation of Power - Answer ️️ -What prevents Congress and the President from unilaterally making laws and treaties? Article 1, Section 8 of the Constitution - Answer ️️ -What give Congress the authority to make laws? Supreme Court - Answer ️️ -Who reviews the constitution for interpretation of the constitution? Congress (Legislative Branch) - Answer ️️ -Who has the power ...
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CDFM MODULE 1 Exam Questions with Complete Solutions | Latest Update| Verified & Updated | 11 pages Separation of Power - Answer ️️ -What prevents Congress and the President from unilaterally making laws and treaties? Article 1, Section 8 of the Constitution - Answer ️️ -What give Congress the authority to make laws? Supreme Court - Answer ️️ -Who reviews the constitution for interpretation of the constitution? Congress (Legislative Branch) - Answer ️️ -Who has the power ...
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