CDFM Study guides, Class notes & Summaries

CDFM EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024 What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use of appropriated funds be ...

You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on two pieces of equipment that he personally would like to see purchased for use in the common break area of the legal office. He wants to use appropriated funds to buy a refrigerator and a microwave. His rationale is that employees (both military and civilian) need a place to store and prepare food they bring in from home. You respond by telling him: - Answer-Absent any local or service-level policies to ...

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 3 Exam Questions & Answers | Latest Update | Verified & Updated| 19 pages What is the Budgetary Account formula? - Answer ️️ -Recourses = Status of Resources Source of Incoming Funds = Use/location of Funds Under the Prompt Pay Rules, when is Constructive Acceptance considered to take place? - Answer ️️ -when acceptance document has not been received in a timely manner (NLT 7 calendar days after receipt What are the 5 valid voucher requirements - Answer ️️ -(1) ...

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 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 ...

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 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 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 EXAM 1 STUDY SET QUESTIONS AND ANSWERS WITH 100% VERIFIED SOLUTIONS /ALREADY GRADED A+

CDFM, Module 2.1|Complete Questions with 100% Correct Answers National Security Council The President's principal forum for considering national security and foreign policy matters with the senior national security advisors and cabinet officials. Standing Principal Members of the National Security Council President; Vice-President; Secretary of Defense; Secretary of State; Secretary of Energy National Security Council Statutory Advisers Chairman, Joint Chiefs of Staff; Director of...