CDFM Certified Defense Financial Manager Study guides, Class notes & Summaries

CDFM Module 2 Questions and Answers Top Rated A+ Mission of the DoD - ANSWER to provide military forces needed to deter war and protect the security of our country. 3 military departments; 17 defense agencies and field activities. - ANSWER Who reports to the SECDEF? Military Departments - ANSWER Who is responsible for organizing, staffing, training, equipping and sustaining America's military forces? Combatant Commanders - ANSWER When the President and the SECDEF determine that mil...

CDFM ALL MODULES FISCAL LAW 2024 QUESTIONS AND ANSWERS VERIFIED. T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? - CORRECT ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? - CORRECT ANSWER 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? - CORRECT ANSWER Article 1 Section 8 ...

CDFM MODULE 3 FISCAL LAW 2024 QUESTIONS AND ANSWERS VERIFIED. 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 respon...

CDFM 3.1 FISCAL LAW 2024 QUESTIONS AND ANSWERS VERIFIED. True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. - CORRECT ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. - CORRECT ANSWER 31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. - CORRECT ANSWER 5 The appropria...

EM1 Exam, 150 Questions and Verified Answers. EM1 Exam, 150 Questions and Verified Answers.

CDFM Exam Module 2-1 Complete Questions with verified answers What law identifies the CJCS as the senior ranking member of the armed forces? Goldwater Nichols DoD Reorganization Act of 1986 The military operational chain of command runs from the President to whom? President to SecDef to Commanders of Combatant Commands The Commanders of Combatant Commands are responsible to whom for accomplishing the assigned military mission? President & SecDef The CJCS is the principal milit...

CDFM Module 3.1 Fiscal Law Basic Axiom of Fiscal Law (the premise of fiscal law) The established rule: Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. Common Law Which law: There is no law that says you can't do it. Fiscal Law Which Law: You can only do what the law authorized you to do. Constitutional Authority: Article 1, section 7,8,9 Provisions of the U.S Constitution that provid...

CDFM All Modules FISCAL LAW T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 T/F? Article 2 section 8 empowers Congress ...

CDFM 3.1 Fiscal Law True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. 31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. 5 The appropriation time line for Procurement (excluding Shipbuilding and Conversion, Navy) is _...

CDFM Fiscal Law Purpose, Time, and Amount (PTA) *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority *What are the basic types of budget authority used in the Federal Government? Th...

CDFM LAWS VERIFIED ANSWERS 1964 Civil Rights Act, Title VII Prohibits discrimination in employment based on: race, color, national origin, sex, or religion 1972 Equal Employment Opportunity Act Brought Federal Government in line with provisions of the 1964 Civil Rights Act. 2009 Lilly Ledbetter Fair Pay Act Changed the statue of limitation rules for discriminatory compensation cases. Title 31 USC 3512 FMFIA of 1932 Federal Manager's Financial Integrity Act of 1932 -Imple...