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CDFM Exam Module 1 with Complete Solutions

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CDFM Exam Module 1 with Complete Solutions

Institution
CDFM - Certified Defense Financial Manager
Course
CDFM - Certified Defense Financial Manager

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CDFM Exam Module 1 with Complete
Solutions

3 branches of federal government - ANS-executive (me), judicial, legislative 1.1.1

OMB Circular A-11 - ANS-Preparation and Submission of Budget Estimates Comes out
every summer. 1.1.2 Contains a section on reporting on employment and personnel
compensation 1.2.4 Rules for calculating FTEs can be found here 1.2.13

Best place to find updated laws - ANS-Thomas.loc.gov/home/lawsmade.toc.html 1.1.2

Genesis of US Federal Legislative process can be traced to these events - ANS-
Declaration of Independence, Articles of Confederation, Constitution ratified by 9 states,
Constitution took effect 1.1.5

Declaration of Independence adopted (year) - ANS-1776 1.1.5

Articles of Confederation ratified (year) - ANS-1781 1.1.5

Constitution ratified by 9 states (year) - ANS-1788 1.1.5

Constitution went into effect - ANS-1789 1.1.5

What was the first attempt to come up with a government? - ANS-Articles of
Confederation 1.1.5

What did an amendment to the Articles of Confederation require? - ANS-Unanimous
approval of all the states 1.1.5

What did the Constitution establish - ANS-3 branches of government (judicial,
executive, legislative) 1.1.6

What is the essential principle of the Constitution - ANS-Everything you do must be
legal (purpose, time, amount) 1.1.6

What are the first 10 amendments to the Constitution called - ANS-Bill of Rights 1.1.6

What does Article 1, Section 8 of the Constitution state - ANS-Congress shall have the
authority to make all laws which shall be necessary and proper for carrying into
execution 1.1.7

, Who heads the executive branch and what is its purpose - ANS-Led by the president
and vice president, enforces/executes laws

Who makes up the legislative branch and what is its purpose - ANS-Congress and it
makes/passes our laws

What are the two parts of Congress - ANS-Senate and House of Representatives

Who leads the judicial branch and what is its purpose - ANS-Led by the Supreme Court
and interprets our laws

The organization of the Federal Government can be found where in the Constitution -
ANS-In the first 3 articles 1.1.7

What does the preamble to the Constitution of the US begin with and how do we
exercise its sentiment - ANS-"We the People of the United States, in order to form a
more perfect Union...."; we exercise this through the election process. 1.1.7

Which Article of the Constitution discusses the legislative branch? - ANS-Article 1 1.1.7

Which Articles support which branches of Government? - ANS-Article 1; Legislative,
Article 2; Executive, Article 3, Judicial

What are the law-making powers of the Legislative Brach per Article 1 - ANS-Raise
taxes, borrow money, regulate commerce, conscript forces, declare war, raise and
support armies 1.1.8

How many years is a Senator's term? - ANS-6 years 1.1.8

How many years is a House of Representative's term? - ANS-2 years 1.1.8

Who elects state senators? - ANS-The people 1.1.8

Who is the President of the Senate and when is he allowed to vote? - ANS-The Vice
President is the President of the Senate, but is only allowed to vote when they are
equally divided 1.1.8

Who budgets the Vice President's expenses? - ANS-The Senate 1.1.8

All bills for raising Revenue shall originate where? - ANS-In the House of
Representatives 1.1.8

What happens when the President vetoes a bill? - ANS-It will go back to Congress. If
2/3 of the House and 2/3 of the Senate then approve the bill, it will become a law 1.1.8

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CDFM - Certified Defense Financial Manager
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CDFM - Certified Defense Financial Manager

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