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CDFM (Certified Defense Financial Manager) Module 1 exam LATEST VERSION WITH COMPLETE 400 QUESTIONS AND ANSWERS WITH JUST RELEASED

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CDFM (Certified Defense Financial Manager) Module 1 exam LATEST VERSION WITH COMPLETE 400 QUESTIONS AND ANSWERS WITH JUST RELEASED

Institution
CDFM
Course
CDFM

Content preview

Public



Title

CDFM (Certified Defense Financial Manager) EXAM

CDFM (Certified Defense Financial Manager) Module 1 exam—Resource Management Environment,
administered by the American Society of Military Comptrollers, assesses a candidate’s understanding of
the foundational
Create principles
a new flashcard set governing financial management within the U.S. Department of Defense Create
environment. This module focuses on the legal, regulatory, and organizational framework of defense
resource management, including the Planning, Programming, Budgeting, and Execution (PPBE)
process, appropriations law, fiscal policy, and the roles of Congress, the Office of Management and
Budget, and DoD agencies. Candidates are tested on their ability to interpret budget structures,
funding categories, and financial responsibilities while ensuring compliance with federal laws and
regulations. Exam questions are often conceptual and scenario-based, emphasizing application of
rules such as purpose, time, and amount, as well as ethical considerations and accountability. For




Flip terms and definitions




1

, What prevents Congress and the President from unilaterally making laws and treaties?

TERM



Separation of Power
Image

DEFINITION




2



What give Congress the authority to make laws?

TERM



Article 1, Section 8 of the Constitution
Image

DEFINITION




3



Who reviews the constitution for interpretation of the constitution?

TERM

, Supreme Court
Image

DEFINITION




4



Who has the power to raise taxes given in Article 1 of the Constitution?

TERM



Congress (Legislative Branch)
Image

DEFINITION




5



What does the Congress of the US consist of?

TERM



Senate (6 yrs); House (2 yrs)
Image

DEFINITION

, 6



All bills for raising Revenue shall originate where? But the Senate may propose or concur with
Amendments as on other Bills.

TERM



House of Representative
Image

DEFINITION




7



To be able to override a presidential veto, the House has to have a majority to pass the bill; and if
approved, then goes to the Senate for a vote to pass the bill. If approved, the Bill becomes Law. What is
the percentage the vote has to pass by in both the House & Senate?

TERM



2/3 and 2/3
Image

DEFINITION

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Institution
CDFM
Course
CDFM

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Uploaded on
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Number of pages
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Written in
2025/2026
Type
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