CDFM Module 1 Practice Questions - CDFM Module 1 - Resource Management Environment Exam - CDFM Module 1 Practice Questions - CDFM Module 1

Question 1

Which document is the foundational regulation that governs financial management policy and procedures across the Department of Defense?

DoD 7000.14-R, Financial Management Regulation (FMR) DoD Directive 5100.01, Functions of the DoD and Its Major Components OMB Circular A-11, Preparation and Submission of Budget Estimates Joint Publication 1, Doctrine for the Armed Forces of the United States

Correct Answer:

DoD 7000.14-R, Financial Management Regulation (FMR)

Question 2

Which official is the principal advisor to the Secretary of Defense on all budgetary and fiscal matters and is the principal author of the DoD FMR?

Under Secretary of Defense (Comptroller) / Chief Financial Officer Deputy Secretary of Defense Director, Office of Management and Budget Chairman of the Joint Chiefs of Staff

Correct Answer:

Under Secretary of Defense (Comptroller) / Chief Financial Officer

Question 3

Which three categories of organizations make up the Department of Defense as defined in DoD Directive 5100.01?

Office of the Secretary of Defense, the Military Departments, and the Defense Agencies / DoD Field Activities (with the Joint Staff and Combatant Commands) Army, Navy, and Air Force Active, Reserve, and National Guard Combatant Commands, Service Component Commands, and Joint Task Forces

Correct Answer:

Office of the Secretary of Defense, the Military Departments, and the Defense Agencies / DoD Field Activities (with the Joint Staff and Combatant Commands)

Question 4

Which DoD organization is responsible for unbiased cost estimating and program evaluation that informs PPBE decisions?

Office of Cost Assessment and Program Evaluation (CAPE) Defense Logistics Agency (DLA) Defense Contract Audit Agency (DCAA) Defense Finance and Accounting Service (DFAS)

Correct Answer:

Office of Cost Assessment and Program Evaluation (CAPE)

Question 5

Which DoD organization is the primary provider of finance and accounting services for the Department?

Defense Finance and Accounting Service (DFAS) Defense Logistics Agency (DLA) Defense Information Systems Agency (DISA) Defense Contract Management Agency (DCMA)

Correct Answer:

Defense Finance and Accounting Service (DFAS)

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Prepare with the CDFM Module 1 Practice Questions - CDFM Module 1 - Resource Management Environment Exam practice quiz. This question bank includes 100 questions covering federal, financial, agencies, management, and budget. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CDFM Module 1 Practice Questions - CDFM Module 1 - Resource Management Environment Exam

This practice set contains 100 questions from the matching question bank and focuses on federal, financial, agencies, management, and budget. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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CDFM Module 1 Practice Questions - CDFM Module 1 - Resource Management Environment Exam

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