CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
What was the predecessor to the Consti-
Articles of Confederation
tution?
Where are Federal-Level laws enacted? Congress
What Article, Section and Clause em-
Article 1, Section 8, Clause 1
powers Congress to collect taxes
What occurs when the President does
Pocket Veto
not sign an enrolled bull within 10 days?
Which branch of government imple-
Executive
ments laws?
Approximately what percent of federal
30%
spending is discretionary?
How frequently does congress review
Annually
the DoD budget request?
Who attempts to resolve differences be-
tween the House and Senate versions of Conference Committee
a bill?
Which agency issues direction for sub-
OMB
mitting budget estimates?
What type of legislation provides an
Appropriation Acts
agency with budget authority?
What term is used to describe a subdivi-
Allotment
sion of an apportionment?
What agency issues apportionments? OMB
Which branch of government conducts
hearings on the effectiveness of govern- Legislative
ment programs?
In the federal budget process, who is
responsible for submitting budget esti- Agencies
mates?
What is the largest source of federal gov-
Individual Income Taxes
ernment tax revenue?
, CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
What are requests for funds in addition
Supplemental
to amounts already appropriated?
What financial control document is is-
sued by the Treasury Department follow- Appropriations Warrant
ing signature of the Appropriations Act?
What term describes a postponement in
Deferral
the use of appropriated funds?
What term describes a cancellation of
Rescission
appropriated funds?
After the DoD Appropriations Bill is
signed into law, what does DoD request Apportionment
from OMB?
A legal reservation of funds in known as
Obligation
what?
What term is used to identify a certifi-
cation provided to a KO from the comp-
Fiduciary Certification
troller authorizing Purpose, Time and
Amount?
A fiduciary certification is the basis for
Commitment
what?
Amount of money available to an organi-
Define Budget Authority
zation for obligation
Funds that have actually been moved
Define Outlays
from the Federal Treasury
1. Administrative control of funds
2. Reporting results
Monitoring requirements in budget exe-
3. Assessment of applicability of results
cution involves:
4. Supply of financial info to DoD man-
agers
Who conducts both financial and pro-
gram audits to ensure the integrity of Government Accountability Office (GAO)
programs?
, CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
The Government Performance and Re-
sults Act requires budget formulation be Performance planning/reporting
based on what?
The 1921 Budget and Accounting Act
was was responsible for the creation of OMB, GAO and the Comptroller General
what?
What Act requires the President to sub-
mit an annual budget proposal to Con- 1921 Budget and Accountability Act
gress?
1985 Balanced Budget and Emergency
What act established sequestration?
Deficit Act
What Act established the pay-as-you-go
1990 Budget Enforcement Act
(PAYGO) for entitlements
What are the 1985 and 1987 Balanced
Gramm-Rudman-Hollings Acts
Budget Acts ofter referred to as?
Strategic Planning
GPRA requires what three things? Performance Planning and Goal Setting
Performance Reporting
An administrative reservation of funds is
Commitment
known as what?
What establishes the DoD policy and DoD FMR 7000.14R, Volume 14, Chap-
procedures of administrative controls? ter 1
What gives a Federal Agency the legal
Authorization
authority to operate a program?
Date for the:
March 1, 1781
Articles of Confederation
June 1788
Ratification of the Constitution
March 4, 1789
Implementation of the Constitution
What Amendment provided the Bill of
10th
Rights
What did the 17th Amendment allow?
, CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
Senators to be elected by the people
of the state instead of appointed by the
legislature of the state.
When was the practice of "Line Item
Vetoing" found unconstitutional by the 1998
supreme court?
Where does the Supreme Court not have Matters involving ONLY violation of state
jurisdiction? law
Congress has been meeting ______
Once, 1789
times per year since ________.
What article and section assigned re-
Article 1, Section 1
sponsibility for making laws to conress?
Legislative proposal of a general nature
What is a Bill? that can address either a private or public
nature
How would bill 100 be numbered in the House H.R. 100
Senate/House? Senate: S. 100
Are proposed Amendments presented to
No
the President?
Who must ratify amendments to the con- The States (Proposal routed through Ad-
sitution? ministrator of General Services)
How are Concurrent Resolutions desig- House: H. Con. Res
nated? Senate: S. Con. Res
Where must revenue generating bill be-
House of Representatives
gin?
Recommended by the President
What are three primary ways that Legis-
Introduced by Members
lation originates?
Introduced by Committees
An executive branch department can
submit a proposed bill with approval by OMB; Congressional Committee or Sub-
_______ on behalf of the president to committee
________.
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
What was the predecessor to the Consti-
Articles of Confederation
tution?
Where are Federal-Level laws enacted? Congress
What Article, Section and Clause em-
Article 1, Section 8, Clause 1
powers Congress to collect taxes
What occurs when the President does
Pocket Veto
not sign an enrolled bull within 10 days?
Which branch of government imple-
Executive
ments laws?
Approximately what percent of federal
30%
spending is discretionary?
How frequently does congress review
Annually
the DoD budget request?
Who attempts to resolve differences be-
tween the House and Senate versions of Conference Committee
a bill?
Which agency issues direction for sub-
OMB
mitting budget estimates?
What type of legislation provides an
Appropriation Acts
agency with budget authority?
What term is used to describe a subdivi-
Allotment
sion of an apportionment?
What agency issues apportionments? OMB
Which branch of government conducts
hearings on the effectiveness of govern- Legislative
ment programs?
In the federal budget process, who is
responsible for submitting budget esti- Agencies
mates?
What is the largest source of federal gov-
Individual Income Taxes
ernment tax revenue?
, CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
What are requests for funds in addition
Supplemental
to amounts already appropriated?
What financial control document is is-
sued by the Treasury Department follow- Appropriations Warrant
ing signature of the Appropriations Act?
What term describes a postponement in
Deferral
the use of appropriated funds?
What term describes a cancellation of
Rescission
appropriated funds?
After the DoD Appropriations Bill is
signed into law, what does DoD request Apportionment
from OMB?
A legal reservation of funds in known as
Obligation
what?
What term is used to identify a certifi-
cation provided to a KO from the comp-
Fiduciary Certification
troller authorizing Purpose, Time and
Amount?
A fiduciary certification is the basis for
Commitment
what?
Amount of money available to an organi-
Define Budget Authority
zation for obligation
Funds that have actually been moved
Define Outlays
from the Federal Treasury
1. Administrative control of funds
2. Reporting results
Monitoring requirements in budget exe-
3. Assessment of applicability of results
cution involves:
4. Supply of financial info to DoD man-
agers
Who conducts both financial and pro-
gram audits to ensure the integrity of Government Accountability Office (GAO)
programs?
, CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
The Government Performance and Re-
sults Act requires budget formulation be Performance planning/reporting
based on what?
The 1921 Budget and Accounting Act
was was responsible for the creation of OMB, GAO and the Comptroller General
what?
What Act requires the President to sub-
mit an annual budget proposal to Con- 1921 Budget and Accountability Act
gress?
1985 Balanced Budget and Emergency
What act established sequestration?
Deficit Act
What Act established the pay-as-you-go
1990 Budget Enforcement Act
(PAYGO) for entitlements
What are the 1985 and 1987 Balanced
Gramm-Rudman-Hollings Acts
Budget Acts ofter referred to as?
Strategic Planning
GPRA requires what three things? Performance Planning and Goal Setting
Performance Reporting
An administrative reservation of funds is
Commitment
known as what?
What establishes the DoD policy and DoD FMR 7000.14R, Volume 14, Chap-
procedures of administrative controls? ter 1
What gives a Federal Agency the legal
Authorization
authority to operate a program?
Date for the:
March 1, 1781
Articles of Confederation
June 1788
Ratification of the Constitution
March 4, 1789
Implementation of the Constitution
What Amendment provided the Bill of
10th
Rights
What did the 17th Amendment allow?
, CERTIFIED DEFENSE FINANCIAL MANAGER (CDFM) 2025 COMPREHENSI
EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% CORRECT ANSW
BRAND NEW EXAM ALREADY GRADED A+!!
j
Senators to be elected by the people
of the state instead of appointed by the
legislature of the state.
When was the practice of "Line Item
Vetoing" found unconstitutional by the 1998
supreme court?
Where does the Supreme Court not have Matters involving ONLY violation of state
jurisdiction? law
Congress has been meeting ______
Once, 1789
times per year since ________.
What article and section assigned re-
Article 1, Section 1
sponsibility for making laws to conress?
Legislative proposal of a general nature
What is a Bill? that can address either a private or public
nature
How would bill 100 be numbered in the House H.R. 100
Senate/House? Senate: S. 100
Are proposed Amendments presented to
No
the President?
Who must ratify amendments to the con- The States (Proposal routed through Ad-
sitution? ministrator of General Services)
How are Concurrent Resolutions desig- House: H. Con. Res
nated? Senate: S. Con. Res
Where must revenue generating bill be-
House of Representatives
gin?
Recommended by the President
What are three primary ways that Legis-
Introduced by Members
lation originates?
Introduced by Committees
An executive branch department can
submit a proposed bill with approval by OMB; Congressional Committee or Sub-
_______ on behalf of the president to committee
________.
