CDFM Module 2 Exam Questions and
answers with 100% verified Answers
Latest Update 2026 Update
*Who serves as the Chairman of the National Security Council?
The President
*Name the three major phases of the PPBE process that result in the
DOD portion of the President's Budget that is submitted to Congress?
Planning, Programming, and Budgeting
*What is the title of the senior OSD official responsible for the
planning phase of the PPBE process?
Undersecretary of Defense (Policy)
*What is the title of the senior OSD official responsible for issuing
programming guidance?
Director, Cost Assessment and Program Evaluation (D,CAPE)
*What is the title of the senior OSD official who is the principal
advisor and assistant to the SECDEF for budget and fiscal matters?
Undersecretary of Defense (Comptroller) / Chief Financial Officer
*The Undersecretary of Defense (Acquisition & Sustainment) serves as
the Chairman of what Board?
Defense Acquisition Board (DAB)
,*Assume today's date is 1 March 2020 and your organization knows
about a new project or requirement that will require its initial funding
in FY 2027. What is the first PPBE-related document which you could
identify resources for that requirement?
POM 2023 – 2027
*What law identifies the Chairman of the Joint Chiefs of Staff as the
senior ranking member of the Armed Forces?
The Goldwater-Nichols DoD Reorganization Act of 1986
*The military operational chain of command runs from the President
to whom?
The Secretary of Defense to the Combatant Commanders
*The Chairman of the Joint Chiefs of Staff is the principal military
advisor to which officials and/or organizations?
The President, the National Security Council, and the Secretary of
Defense
*What is the title of the final document of the planning phase?
Defense Planning Guidance (DPG)
*What is the name of the automated database that summarizes all
forces, resources, and equipment associated with programs approved
by the Secretary of Defense?
Future Years Defense Program (FYDP)
,*What is the phase of the PPBE process in which programmatic
decisions are translated into requested resources in an appropriations
format?
Budgeting (Budget Development)
*What is the name of the document prepared by the Joint Staff after
its review of POMs submitted by the Military Departments that
focuses on the balance and capabilities contained in those POMs?
(This document provides the SECDEF with the JCS evaluation of the
Military Departments' POM submissions)
Chairman's Program Assessment (CPA) [Chairman, JCS]
*Following a review of a Component's budget submission and a
potential budget hearing in the fall timeframe, the reviewing USD(C)
budget analyst prepares a draft document that is submitted to
DEPSECDEF or SECDEF for a decision. Once signed by one of those
senior officials, what is that document called?
Program Budget Decision
*Advance Procurement is an exception to what funding policy?
Full Funding
Within what type document does Congress specify the number of
fiscal years that an appropriation account remains current and
available for new obligations?
An appropriation bill (becomes a law when signed by the President)
*Assume an agency has issued an Economy Act order to another
Federal agency for specific services, the cited appropriation has gone
, into an expired status, and the servicing agency has neither provided
the ordered services nor has entered into an authorized contract with
another entity to provide the ordered services. What must now be
done with those obligated funds?
De-obligate
*What is the term used for shifting funds between appropriations?
Transfer action
*What is the long-term financial goal of a working capital fund?
To break even
*A working capital fund has an officer (O-4) properly assigned to the
organization and that officer is doing the work that would normally be
performed by a GS-13. For managerial cost accounting purposes, is the
"cost" of that officer's pay and benefits "charged" at the military O-4
rate or the civilian GS-13 rate?
Civilian GS-13 rate (and the proper MILPER account is reimbursed for
that amount)
*Assume your organization overpaid a contractor on a contract
awarded with an appropriation that is now in the cancelled status,
and the contractor has sent in a check for that overpayment. What can
your organization legally do with that refund from the contractor?
Credit the refund to miscellaneous receipts of the U.S. Treasury
*Monies not appropriated by Congress that are generated primarily
from the sale of goods and services are known as what?
Non-appropriated Funds (NAF)
answers with 100% verified Answers
Latest Update 2026 Update
*Who serves as the Chairman of the National Security Council?
The President
*Name the three major phases of the PPBE process that result in the
DOD portion of the President's Budget that is submitted to Congress?
Planning, Programming, and Budgeting
*What is the title of the senior OSD official responsible for the
planning phase of the PPBE process?
Undersecretary of Defense (Policy)
*What is the title of the senior OSD official responsible for issuing
programming guidance?
Director, Cost Assessment and Program Evaluation (D,CAPE)
*What is the title of the senior OSD official who is the principal
advisor and assistant to the SECDEF for budget and fiscal matters?
Undersecretary of Defense (Comptroller) / Chief Financial Officer
*The Undersecretary of Defense (Acquisition & Sustainment) serves as
the Chairman of what Board?
Defense Acquisition Board (DAB)
,*Assume today's date is 1 March 2020 and your organization knows
about a new project or requirement that will require its initial funding
in FY 2027. What is the first PPBE-related document which you could
identify resources for that requirement?
POM 2023 – 2027
*What law identifies the Chairman of the Joint Chiefs of Staff as the
senior ranking member of the Armed Forces?
The Goldwater-Nichols DoD Reorganization Act of 1986
*The military operational chain of command runs from the President
to whom?
The Secretary of Defense to the Combatant Commanders
*The Chairman of the Joint Chiefs of Staff is the principal military
advisor to which officials and/or organizations?
The President, the National Security Council, and the Secretary of
Defense
*What is the title of the final document of the planning phase?
Defense Planning Guidance (DPG)
*What is the name of the automated database that summarizes all
forces, resources, and equipment associated with programs approved
by the Secretary of Defense?
Future Years Defense Program (FYDP)
,*What is the phase of the PPBE process in which programmatic
decisions are translated into requested resources in an appropriations
format?
Budgeting (Budget Development)
*What is the name of the document prepared by the Joint Staff after
its review of POMs submitted by the Military Departments that
focuses on the balance and capabilities contained in those POMs?
(This document provides the SECDEF with the JCS evaluation of the
Military Departments' POM submissions)
Chairman's Program Assessment (CPA) [Chairman, JCS]
*Following a review of a Component's budget submission and a
potential budget hearing in the fall timeframe, the reviewing USD(C)
budget analyst prepares a draft document that is submitted to
DEPSECDEF or SECDEF for a decision. Once signed by one of those
senior officials, what is that document called?
Program Budget Decision
*Advance Procurement is an exception to what funding policy?
Full Funding
Within what type document does Congress specify the number of
fiscal years that an appropriation account remains current and
available for new obligations?
An appropriation bill (becomes a law when signed by the President)
*Assume an agency has issued an Economy Act order to another
Federal agency for specific services, the cited appropriation has gone
, into an expired status, and the servicing agency has neither provided
the ordered services nor has entered into an authorized contract with
another entity to provide the ordered services. What must now be
done with those obligated funds?
De-obligate
*What is the term used for shifting funds between appropriations?
Transfer action
*What is the long-term financial goal of a working capital fund?
To break even
*A working capital fund has an officer (O-4) properly assigned to the
organization and that officer is doing the work that would normally be
performed by a GS-13. For managerial cost accounting purposes, is the
"cost" of that officer's pay and benefits "charged" at the military O-4
rate or the civilian GS-13 rate?
Civilian GS-13 rate (and the proper MILPER account is reimbursed for
that amount)
*Assume your organization overpaid a contractor on a contract
awarded with an appropriation that is now in the cancelled status,
and the contractor has sent in a check for that overpayment. What can
your organization legally do with that refund from the contractor?
Credit the refund to miscellaneous receipts of the U.S. Treasury
*Monies not appropriated by Congress that are generated primarily
from the sale of goods and services are known as what?
Non-appropriated Funds (NAF)
