CDFM MODULE 1 CERTIFICATION EVALUATION
TEST 2026 FULL QUESTIONS AND CORRECT
ANSWERS ALREADY PASSED GRADED A+
◉ What does the apportionment provide to the Federal agencies?
Answer: Obligation Authority
◉ OSD/OMB negotiates apportionments (OSD must request
apportionment via form SF-132). OMB has 30 days after the
appropriations act passage to effect apportionment. Answer: Within
10 days of the appropriations Act
◉ Financial control document issued by the Treasury Department
Answer: Appropriation Warrant
◉ What devices up the appropriation? Answer: Apportionment
◉ Apportionment is required by what USC? Answer: 31 USC 1512
◉ Apportionment helps to achieve the cost effective and economical
use of what? Answer: Available Funds
,◉ It is a violation of law for an agency to incur obligations or make
expenditures in excess of what? Answer: the amount apportioned
◉ The President is required to send a notice to the appropriate
commitment. If
Congress does not notify the President within 45 days to release the
funds, the funds may be what? Answer: Deferred (2 USC 684)
◉ Funds that are cancelled by congressional action. Answer:
Rescission
◉ Required the system of administrative controls Answer: 31 USC
1514
◉ is not required for the operation and maintenance appropriation
accounts, revolving funds accounts, or military personnel
appropriation accounts, but may be used if cost effective. Answer:
Commitment Accounting
◉ Legal reservation of funds are the amounts of orders places,
contracts awarded, services received, and similar transactions
during an accounting period that will require payment during the
same or future periods. Answer: Obligations
,◉ certification that certifies to the KO purpose, time and amount.
The basis for a commitment Answer: Fiduciary
◉ Certifies vouchers for payments Answer: Certifying Officers
◉ Appropriates the funds and sends to OMB for apportionment
Answer: Congress
◉ Apportions the funds to the Agencies for execution Answer: OMB
◉ Responsible for Allots, commits, obligates and outlays the funding
Answer: Agency
◉ funds that have actually been moved from the federal treasury
Answer: Outlays
◉ Who is the primary oversight committee for the DoD programs?
Answer: HAC & SAC
◉ Who's is the head of the Comptroller General? Answer:
Government Accountability Office (GAO)
◉ 1) Budget Formulation, 2) Congressional Review 3) Budget
Execution Answer: Federal Budget Process
, ◉ The budget formulation is based on performance
planning/reporting as required by what? Answer: Government
Performance and Results Act (GPRA)
◉ Government budget outlays exceed its budget receipts for any
given period Answer: Budget Deficit
◉ the transactions of Government entities that laws exclude from
the on-budget totals (those of SSA, Trust Fund, and Postal Service
are not included in the budget deficit) Answer: Budget totals
◉ Specific statutory authority to incur obligations Answer: Contract
authority
◉ Cash value of the resources allocated to a particular program
Answer: Cost
◉ Budgetary resources provided in an appropriations act. Answer:
Discretionary Spending
◉ Authority to make payments Answer: Entitle Authority
◉ Occurs when a check is issued Answer: Expenditure
TEST 2026 FULL QUESTIONS AND CORRECT
ANSWERS ALREADY PASSED GRADED A+
◉ What does the apportionment provide to the Federal agencies?
Answer: Obligation Authority
◉ OSD/OMB negotiates apportionments (OSD must request
apportionment via form SF-132). OMB has 30 days after the
appropriations act passage to effect apportionment. Answer: Within
10 days of the appropriations Act
◉ Financial control document issued by the Treasury Department
Answer: Appropriation Warrant
◉ What devices up the appropriation? Answer: Apportionment
◉ Apportionment is required by what USC? Answer: 31 USC 1512
◉ Apportionment helps to achieve the cost effective and economical
use of what? Answer: Available Funds
,◉ It is a violation of law for an agency to incur obligations or make
expenditures in excess of what? Answer: the amount apportioned
◉ The President is required to send a notice to the appropriate
commitment. If
Congress does not notify the President within 45 days to release the
funds, the funds may be what? Answer: Deferred (2 USC 684)
◉ Funds that are cancelled by congressional action. Answer:
Rescission
◉ Required the system of administrative controls Answer: 31 USC
1514
◉ is not required for the operation and maintenance appropriation
accounts, revolving funds accounts, or military personnel
appropriation accounts, but may be used if cost effective. Answer:
Commitment Accounting
◉ Legal reservation of funds are the amounts of orders places,
contracts awarded, services received, and similar transactions
during an accounting period that will require payment during the
same or future periods. Answer: Obligations
,◉ certification that certifies to the KO purpose, time and amount.
The basis for a commitment Answer: Fiduciary
◉ Certifies vouchers for payments Answer: Certifying Officers
◉ Appropriates the funds and sends to OMB for apportionment
Answer: Congress
◉ Apportions the funds to the Agencies for execution Answer: OMB
◉ Responsible for Allots, commits, obligates and outlays the funding
Answer: Agency
◉ funds that have actually been moved from the federal treasury
Answer: Outlays
◉ Who is the primary oversight committee for the DoD programs?
Answer: HAC & SAC
◉ Who's is the head of the Comptroller General? Answer:
Government Accountability Office (GAO)
◉ 1) Budget Formulation, 2) Congressional Review 3) Budget
Execution Answer: Federal Budget Process
, ◉ The budget formulation is based on performance
planning/reporting as required by what? Answer: Government
Performance and Results Act (GPRA)
◉ Government budget outlays exceed its budget receipts for any
given period Answer: Budget Deficit
◉ the transactions of Government entities that laws exclude from
the on-budget totals (those of SSA, Trust Fund, and Postal Service
are not included in the budget deficit) Answer: Budget totals
◉ Specific statutory authority to incur obligations Answer: Contract
authority
◉ Cash value of the resources allocated to a particular program
Answer: Cost
◉ Budgetary resources provided in an appropriations act. Answer:
Discretionary Spending
◉ Authority to make payments Answer: Entitle Authority
◉ Occurs when a check is issued Answer: Expenditure
