Cdfm module 5 - Study guides, Class notes & Summaries

CDFM MODULE 1 LATEST 2024 COMPLETE 500 REAL QUESTIONS AND CORRECT DETAILED ANSWERS (CORRECT VERIFIED ANSWERS) A NEW UPDATED VERSION |GUARANTEED PASS A+ (BRAND NEW!!) CDFM MODULE 1

CDFM MODULE 1 Test | Questions and Answers 100% Correct 2023 Latest. What prevents Congress and the President from unilaterally making laws and treaties? - correct answersSeparation of Power What give Congress the authority to make laws? - correct answersArticle 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? - correct answersSupreme Court Who has the power to raise taxes given in Article 1 of the Constitution? - correct answersCongres...

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) ...

The __________ is a requirement in a disbursing office and must be prepared for each business day that business is transacted. It reports all types of transactions that affect fund balances for the day as well as require month to date balance. This report ensures agreement between the disbursing offices cash accountability to the Treasury and disbursement and collection transactions recorded in accounting system. - ️️Daily Statement of Accountability, DD2657 The 3 major functions of Finan...

CDFM Module 1 Complete Questions and AnsConstitution Article 1 - ANSWER Legislative Branch -power of the purse -passes laws -raises taxes -borrow money -regulate commerce -conscript forces -declare war -raise monies Constitution Article II - ANSWER Executive Branch -execute/implement laws -authority to make decision regarding military resources Constitution Article III - ANSWER Judicial -supreme court and power courts -interprets law OMB Circular A-11 - ANSWER Preparation, S...

CDFM MODULE 1 Complete Questions anWhat prevents Congress and the President from unilaterally making laws and treaties? - ANSWER Separation of Power What give Congress the authority to make laws? - ANSWER Article 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? - ANSWER Supreme Court Who has the power to raise taxes given in Article 1 of the Constitution? - ANSWER Congress (Legislative Branch) What does the Congress of the US consi...

CDFM Module 1 Competency 2 Accurate 10 What is the DoD mission? - ANSWER Provide a lethal joint force to defend the security of our country and sustain American influence abroad What is manpower management? - ANSWER Processes for determining manpower requirements for budgetary purposes and reporting manpower strengths to OMB Who issues guidance annually for the Services to use in preparation and administration of their military and civilian manpower programs? - ANSWER Under Secretary of D...

CDFM – MODULE 4 EXAM / 150+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / ALL CORRECT GRADED A+. CDFM Module 4 2023 1. What are Joint Acquisition Programs?: 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. 2. Who decides to place programs under joint acquisition management?: The MDA decides whether to place programs under joint...

CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND VERIFIEDANSWERS 2023/2024 / ALL CORRECT GRADED A+. 2023 1. What are the three tests that must be met for use of the Necessary Expense doctrine?: Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) 2. Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense?: The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) 3. What type of budgetar...