CDFM Module 2 Exam (NEW 2023/ 2024 Update) More than 400 Actual Questions and Verified Answers | Guaranteed Grade A| 100% Correct
QUESTION
HASC and
... [Show More] SASC is responsible for what during the Congressional Enactment Process?
Answer:
DEFENSE AUTHORIZATION BILL
QUESTION
House and Senate Appropriation Committees is responsible for what during the Congressional Enactment Process?
Answer:
12 appropriation bills
QUESTION
The ____________ is not presented to the President for action and is not a law; it is simply an agreement of both Congressional chambers as to the estimated revenue and projected maximum amount of new budget authority to be appropriated.
Answer:
Concurrent Budget Resolution
QUESTION
Which house needs to authorize and appropriate funds prior to being able to obligate?
Answer:
Both - House and Senate
QUESTION
What are the DoD Appropriation Categories?
Answer:
MILPERS; O&M; RDT&E; Procurement; MILCON
Note ( Shipbuilding and Conversion Navy (SCN) is a procurement amount)
QUESTION
What is the type, availability and use for MILPER funding?
Answer:
Expense type, available 1 year
Salary/compensation, permanent change of duty station (PCS), training in conjunction with PCS, subsistence, temporary lodging, bonuses, retired pay accrual
QUESTION
An EXPENSE type appropriation that include HQ operations, civilian salaries and awards, travel, fuel, minor construction projects, expenses on military forces, training and education, recruiting, depot maintenance, industrial fund and stock fund support, and base ops. and is available 1 year?
Answer:
Operations and Maintenance (O&M)
QUESTION
An EXPENSE and INVESTMENT type appropriation that includes all activities for the development of a new system including cost of operation dedicated to installation and is available for 2 years?
Answer:
RDT&E
QUESTION
An INVESTMENT type appropriation where costs integral and necessary to deliver a useful end item intended for operational use or inventory upon delivery and is available for 3 years?
Answer:
Procurement
QUESTION
An INVESTMENT type appropriation that receives considerable attention from Congress; identified as one of the 12 appropriations bill; Major military construction projects such as bases, facilities, military schools. Includes architecture, design and construction and is available for 5 years?
Answer:
MILCON
QUESTION
What is the intent of the annual funding policy
Answer:
Provide only those funds required to obligate for expenses associated with normal operations of DoD activities for 12 month period
QUESTION
Annual funding policy applies to what types of appropriations
Answer:
O&M and MILPERS
QUESTION
Cost incurred to operate and maintain the organization, such as personal services, supplies and utilities.
Answer:
Expense
QUESTION
Costs that result in the acquisition of, or an addition to, end items. (real property, personal property, weapon systems, and IT). These cost-benefit future periods and are generally of long-term character such as property personal property, weapon systems, and major information technology systems
Answer:
Investment
QUESTION
O&M and MILPERS are considered what type of appropriations?
Answer:
Expense
QUESTION
Procurement is considered what type of appropriations?
Answer:
INVESTMENTS
QUESTION
What type of appropriation can be an investment or an expense?
Answer: [Show Less]