CDFM Module 1 Exam Questions from Other Modules Accurate 100%

Working Capital Funds - ANSWER Unlike profit-oriented private-sector companies, the goal of working capital funds are to break even oover the long term. Further, revolving fund selling prices establisehd in the budget are fixed, or "stabilized", during the execution period to protect customers from unforseen fluctions tht would impact their ability to execut the programs approved by congress The Defense Working Captial Fund (DWCF) actives execute ______% of the total Defense appropriations on an annual basis - ANSWER 20 Revolving fund activities evolved from two distinct categories - ANSWER - Stock Funds - Industrial Funds Stock Funds - ANSWER Dealt with procuring material in volumes from commercial sources and holding it in inventory Industrial Funds - ANSWER Provided industrial and commercial goods and services such as depot maintenance, transportation, and research