1|Page
CERTIFIED DEFENSE FINANCIAL MANAGER
(CDFM) EXAM LATEST 2024 WITH ACTUAL
QUESTIONS AND CORRECT VERIFIED
ANSWERS/ALREADY GRADED A+ 100%
GUARANTEED TO PASS CONCEPTS(ALL WHAT
YOU NEED) LATEST EDITION 2024
What was the predecessor to the Constitution? -
.....ANSWER ...✔✔ Articles of Confederation
Where are Federal-Level laws enacted? - .....ANSWER
...✔✔ Congress
What Article, Section and Clause empowers Congress to
collect taxes - .....ANSWER ...✔✔ Article 1, Section 8,
Clause 1
What occurs when the President does not sign an
enrolled bull within 10 days? - .....ANSWER ...✔✔
Pocket Veto
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Which branch of government implements laws? -
.....ANSWER ...✔✔ Executive
Approximately what percent of federal spending is
discretionary? - .....ANSWER ...✔✔ 30%
How frequently does congress review the DoD budget
request? - .....ANSWER ...✔✔ Annually
Who attempts to resolve differences between the House
and Senate versions of a bill? - .....ANSWER ...✔✔
Conference Committee
Which agency issues direction for submitting budget
estimates? - .....ANSWER ...✔✔ OMB
What type of legislation provides an agency with
budget authority? - .....ANSWER ...✔✔ Appropriation
Acts
What term is used to describe a subdivision of an
apportionment? - .....ANSWER ...✔✔ Allotment
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What agency issues apportionments? - .....ANSWER
...✔✔ OMB
Which branch of government conducts hearings on the
effectiveness of government programs? - .....ANSWER
...✔✔ Legislative
In the federal budget process, who is responsible for
submitting budget estimates? - .....ANSWER ...✔✔
Agencies
What is the largest source of federal government tax
revenue? - .....ANSWER ...✔✔ Individual Income
Taxes
What are requests for funds in addition to amounts
already appropriated? - .....ANSWER ...✔✔
Supplemental
What financial control document is issued by the
Treasury Department following signature of the
Appropriations Act? - .....ANSWER ...✔✔
Appropriations Warrant
, 4|Page
What term describes a postponement in the use of
appropriated funds? - .....ANSWER ...✔✔ Deferral
What term describes a cancellation of appropriated
funds? - .....ANSWER ...✔✔ Rescission
After the DoD Appropriations Bill is signed into law,
what does DoD request from OMB? - .....ANSWER
...✔✔ Apportionment
A legal reservation of funds in known as what? -
.....ANSWER ...✔✔ Obligation
What term is used to identify a certification provided to
a KO from the comptroller authorizing Purpose, Time
and Amount? - .....ANSWER ...✔✔ Fiduciary
Certification
A fiduciary certification is the basis for what? -
.....ANSWER ...✔✔ Commitment
Define Budget Authority - .....ANSWER ...✔✔ Amount
of money available to an organization for obligation
CERTIFIED DEFENSE FINANCIAL MANAGER
(CDFM) EXAM LATEST 2024 WITH ACTUAL
QUESTIONS AND CORRECT VERIFIED
ANSWERS/ALREADY GRADED A+ 100%
GUARANTEED TO PASS CONCEPTS(ALL WHAT
YOU NEED) LATEST EDITION 2024
What was the predecessor to the Constitution? -
.....ANSWER ...✔✔ Articles of Confederation
Where are Federal-Level laws enacted? - .....ANSWER
...✔✔ Congress
What Article, Section and Clause empowers Congress to
collect taxes - .....ANSWER ...✔✔ Article 1, Section 8,
Clause 1
What occurs when the President does not sign an
enrolled bull within 10 days? - .....ANSWER ...✔✔
Pocket Veto
,2|Page
Which branch of government implements laws? -
.....ANSWER ...✔✔ Executive
Approximately what percent of federal spending is
discretionary? - .....ANSWER ...✔✔ 30%
How frequently does congress review the DoD budget
request? - .....ANSWER ...✔✔ Annually
Who attempts to resolve differences between the House
and Senate versions of a bill? - .....ANSWER ...✔✔
Conference Committee
Which agency issues direction for submitting budget
estimates? - .....ANSWER ...✔✔ OMB
What type of legislation provides an agency with
budget authority? - .....ANSWER ...✔✔ Appropriation
Acts
What term is used to describe a subdivision of an
apportionment? - .....ANSWER ...✔✔ Allotment
,3|Page
What agency issues apportionments? - .....ANSWER
...✔✔ OMB
Which branch of government conducts hearings on the
effectiveness of government programs? - .....ANSWER
...✔✔ Legislative
In the federal budget process, who is responsible for
submitting budget estimates? - .....ANSWER ...✔✔
Agencies
What is the largest source of federal government tax
revenue? - .....ANSWER ...✔✔ Individual Income
Taxes
What are requests for funds in addition to amounts
already appropriated? - .....ANSWER ...✔✔
Supplemental
What financial control document is issued by the
Treasury Department following signature of the
Appropriations Act? - .....ANSWER ...✔✔
Appropriations Warrant
, 4|Page
What term describes a postponement in the use of
appropriated funds? - .....ANSWER ...✔✔ Deferral
What term describes a cancellation of appropriated
funds? - .....ANSWER ...✔✔ Rescission
After the DoD Appropriations Bill is signed into law,
what does DoD request from OMB? - .....ANSWER
...✔✔ Apportionment
A legal reservation of funds in known as what? -
.....ANSWER ...✔✔ Obligation
What term is used to identify a certification provided to
a KO from the comptroller authorizing Purpose, Time
and Amount? - .....ANSWER ...✔✔ Fiduciary
Certification
A fiduciary certification is the basis for what? -
.....ANSWER ...✔✔ Commitment
Define Budget Authority - .....ANSWER ...✔✔ Amount
of money available to an organization for obligation
