CDFM Module 3.2 questions and
answers 2022/2023
The __________ is a requirement in a disbursing office and must be prepared for each
business day that business is transacted. It reports all types of transactions that affect
fund balances for the day as well as require month to date balance. This report ensures
agreement between the disbursing offices cash accountability to the Treasury and
disbursement and collection transactions recorded in accounting system. - correct
answersDaily Statement of Accountability, DD2657
The 3 major functions of Finance are ____________. - correct
answersCommunications, certification and disbursement and control
This requirement in a disbursing office must be prepared to deposit all currency coins
and negotiable instruments to the credit of US Treasury. This form is used to verify the
deposit of funds with the related collection vouchers. - correct answersDeposit Ticket,
SF 215
A(n) ________must be prepared for each DSSN each month whether or not any
transactions occur. This report must balance with the DD2657. This report must be
submitted monthly to the Treasury no later than _______ days following the end of the
month. - correct answersStatement of Accountability, SF 1219, 10
A(n) _________ is the prescribed daily accountability document to the disbursing office
for deputies, agents and cashiers. It must be prepared daily and includes an actual
count of all cash and negotiable instruments performed by the deputy agent and cashier
who have custody. - correct answersDaily Agent Accountability Summary, DD Form
2665
___________uses internet and World-Wide technology to share documents across the
Department. The Defense Finance and Accounting Service led the implementation of an
Intranet application that assures DoD-wide online access to contracts and other
documents. - correct answersElectronic Document Access
_____________ refers to a wide range of financial functions that are conducted using
electronic communications and data processing methods. One form is _____________
which is the computer to computer exchange of business information in a standard
format between one or more parties (I.e., contractor, receiving activity, paying office). -
correct answersElectronic Commerce, Electronic Data Interchange
_________is an EFT program for vendors to receive funds due to them for goods or
services rendered to the government. - correct answersVendor Express
, ________ are amounts earned and collected for property sold or services furnished to
the public or to another US Government agency. - correct answersReimbursements
The 3 major requirements performed by a Disbursing Officer are maintaining records,
using electronic commerce and ___________. - correct answersReporting
Who other than the accountable official and disbursing officer is responsible for any
wrong payment or over obligation resulting from negligence of their duties? - correct
answersCertifying Official
The next step for collecting payment from contractors that have failed to respond to
demand letters is _______________. - correct answersHold up lists
If a Civilian receives less than ________ of their biweekly pay and allowances they are
eligible for Special Pay. - correct answers90%
True or False? Only the Disbursing officer and certifying officer can have personal and
pecuniary liability for their actions in financial transactions. - correct answersFALSE
_________ is the name of the electronic system used to report disbursements and
collections on a daily basis to the Treasury. - correct answersCa$h-Link
True or False: Each transaction conducted by an officer, agent or employee of the
government of the US MUST be evidenced by a written or printed signed document or
series of documents that together form a complete record of the transaction. - correct
answersTRUE
This requirement in a disbursing office must be prepared daily to summarize the
transactions by voucher number. It must identify type of payment and is used to assure
that all vouchers are accounted for and that all payment and collection vouchers are
entered in accountability records. It is called the ________. - correct answersVoucher
Control Log, DD2659
A DoD Disbursing Officer is a fiscal Agent of the US Treasury. That authority is
delegated to him by ________. - correct answersSecretary of Defense
__________ are held by individuals such as commissary officers, sales officers,
personnel officers, etc. These are promptly turned over to their servicing Disbursing
officer or deposited into a authorized general depository. - correct answersIndirect
Collects
Accountable individuals are not held personally and peculiarly liable for their acts
involving the expenditure of public funds when the improper or erroneous payment was
made by a deputy, agent or cashier. - correct answersFALSE
answers 2022/2023
The __________ is a requirement in a disbursing office and must be prepared for each
business day that business is transacted. It reports all types of transactions that affect
fund balances for the day as well as require month to date balance. This report ensures
agreement between the disbursing offices cash accountability to the Treasury and
disbursement and collection transactions recorded in accounting system. - correct
answersDaily Statement of Accountability, DD2657
The 3 major functions of Finance are ____________. - correct
answersCommunications, certification and disbursement and control
This requirement in a disbursing office must be prepared to deposit all currency coins
and negotiable instruments to the credit of US Treasury. This form is used to verify the
deposit of funds with the related collection vouchers. - correct answersDeposit Ticket,
SF 215
A(n) ________must be prepared for each DSSN each month whether or not any
transactions occur. This report must balance with the DD2657. This report must be
submitted monthly to the Treasury no later than _______ days following the end of the
month. - correct answersStatement of Accountability, SF 1219, 10
A(n) _________ is the prescribed daily accountability document to the disbursing office
for deputies, agents and cashiers. It must be prepared daily and includes an actual
count of all cash and negotiable instruments performed by the deputy agent and cashier
who have custody. - correct answersDaily Agent Accountability Summary, DD Form
2665
___________uses internet and World-Wide technology to share documents across the
Department. The Defense Finance and Accounting Service led the implementation of an
Intranet application that assures DoD-wide online access to contracts and other
documents. - correct answersElectronic Document Access
_____________ refers to a wide range of financial functions that are conducted using
electronic communications and data processing methods. One form is _____________
which is the computer to computer exchange of business information in a standard
format between one or more parties (I.e., contractor, receiving activity, paying office). -
correct answersElectronic Commerce, Electronic Data Interchange
_________is an EFT program for vendors to receive funds due to them for goods or
services rendered to the government. - correct answersVendor Express
, ________ are amounts earned and collected for property sold or services furnished to
the public or to another US Government agency. - correct answersReimbursements
The 3 major requirements performed by a Disbursing Officer are maintaining records,
using electronic commerce and ___________. - correct answersReporting
Who other than the accountable official and disbursing officer is responsible for any
wrong payment or over obligation resulting from negligence of their duties? - correct
answersCertifying Official
The next step for collecting payment from contractors that have failed to respond to
demand letters is _______________. - correct answersHold up lists
If a Civilian receives less than ________ of their biweekly pay and allowances they are
eligible for Special Pay. - correct answers90%
True or False? Only the Disbursing officer and certifying officer can have personal and
pecuniary liability for their actions in financial transactions. - correct answersFALSE
_________ is the name of the electronic system used to report disbursements and
collections on a daily basis to the Treasury. - correct answersCa$h-Link
True or False: Each transaction conducted by an officer, agent or employee of the
government of the US MUST be evidenced by a written or printed signed document or
series of documents that together form a complete record of the transaction. - correct
answersTRUE
This requirement in a disbursing office must be prepared daily to summarize the
transactions by voucher number. It must identify type of payment and is used to assure
that all vouchers are accounted for and that all payment and collection vouchers are
entered in accountability records. It is called the ________. - correct answersVoucher
Control Log, DD2659
A DoD Disbursing Officer is a fiscal Agent of the US Treasury. That authority is
delegated to him by ________. - correct answersSecretary of Defense
__________ are held by individuals such as commissary officers, sales officers,
personnel officers, etc. These are promptly turned over to their servicing Disbursing
officer or deposited into a authorized general depository. - correct answersIndirect
Collects
Accountable individuals are not held personally and peculiarly liable for their acts
involving the expenditure of public funds when the improper or erroneous payment was
made by a deputy, agent or cashier. - correct answersFALSE
