Cdfm a module 4 - Study guides, Class notes & Summaries

CDFM MODULE 4 Exam Version 2 (Latest 2023/ 2024 Update) Real Questions and Verified Answers| 100% Correct| Grade A Q: What is the purpose of the production and deployment phase? Answer: achieve an operational capability that satisfies mission needs Q: An MDAP may not proceed beyond LRIP without ___________? Answer: MDA approval Q: What uses widely supported and consensus based standards for its key interfaces, and is subject to validation and verification tests to en...

CDFM-A Module 4 - Chapter 3 verified answers What is an affordability assessment? An assessment of the degree to which the life cycle cost of an acquisition program is in consonance with the long-range modernization, force structure, and manpower plans of the individual DoD components, and the department as a whole. Affordability assessments are typically conducted: By resource Analysts in the DoD Component Headquarters of supporting organization. For MDAS and MIAS, Affordability As...

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 1 EXAM / 50+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / ALL CORRECT GRADED A+. CDFM Module 1 1. Genesis of US federal process can be traced to these events: Declaration of independence, Articles of Confederation, Constitution ratified by 9 states, constitution took effect. 2. What did amendment to articles of confederation require?: Unanimous approval of all the states 3. Essential principle of constitution?: Everything you do must be legal in purpose, time and amount. 4. What ar...

CDFM Module 1.1 Accurate 100% Budget execution starts with _____________ - ANSWER issuance of Treasury Warrant The issuance of Treasury Warrants are the __________ __________ action taken after the President signs the bill into law. - ANSWER first legal Continuing resolutions (CRs) initially last _____ days and are designed to avoid violating the ________. - ANSWER 30, Anti Deficiency SF-133s are reported _____ to the Office of Management and Budget (OMB) - ANSWER quarterly The si...

CDFM - Module 3 Questions & Answers Questions with 100% Correct Answers What is the Budgetary Account formula? - answerRecourses = Status of Resources Source of Incoming Funds = Use/location of Funds Under the Prompt Pay Rules, when is Constructive Acceptance considered to take place? - answerwhen 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) voucher heading and date (2) Line of Accoun...

CDFM Module 1: Resource ManagemeEnterprise Risk Management (ERM) - ANSWER -agency wide approach to addressing interrelated risk & how to more effectively prioritize & manage risk OMB Circular 136 Financial Reporting Requirements - ANSWER -Requires each agency to develop a risk profile & suggest putting in place an oversight counsel Internal Controls - ANSWER -is a process effected by an entity's oversight body, management, and other personnel that provides reasonable assurance that the ob...

CDFM Module 4 Exam |156| Questions Well Solved And Verified What are Joint Acquisition Programs? ANS-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? ANS-The MDA decides whether to place programs under joint management and designates the lead executive DoD component. ...