CDFM Module 1 questions 100% correct answers

CDFM Module 1 questions 100% correct
answers
What is the first step in the Congressional Budget Process? 1.1 - correct
answersConcurrent Budget Resolution

OMB has ______ days after appropriations act passage to effect apportionment. 1.1 -
correct answers30

Indirect Hire - Foreign National Employment - correct answersEmployees of the host
government assigned to work with the U.S. Forces on a reimbursable cost or other
financial basis.

Operational Control Indirect Hire - Foreign National Employment - correct
answersgranted to the U.S. Forces for the day-to-day management. Host government is
the legal/official employer.

the three objectives of internal control - correct answersEnsure:
1. effectiveness and efficiency of operations
2. reliablility of financial reporting
3. compliance with applicable laws & regulations

Emergency Essential - correct answersPosition based designation to support the
success of combat operations or the availability of combat essential systems and will be
designated as key. Could be deployed to a crisis area.

Obligation & Expenditure OMN - correct answersObligation 1 year / Expenditure 5 years

Obligation & Expenditure RDTE - correct answersObligation 2 years / Expenditure 5
years

Obligation & Expenditure WPN - correct answersObligation 3 years / Expenditure 5
years

Obligation & Expenditure OPN - correct answersObligation 3 years / Expenditure 5
years

Obligation & Expenditure SCN - correct answersObligation 5 years / Expenditure 5
years

Segregation of duties is part of which control standard - correct answersControl
Activities