Review 80 CDFM-MODULE-1 practice questions with answer explanations and community insights.
Question 1
Based on the GAO Standards for internal Control in the Federal Government, fraud risk factors include all of the following except:
intuition.
incentive.
attitude.
opportunity.
Question 2
Which statement describes the interaction between the authorizing and appropriating committees of Congress with regard to defense bills?
Authorizing committees must adhere to decisions made by the appropriating committees.
Appropriating committees generally adhere to decisions made by the authorizing committees unless the authorization chairperson grants a waiver.
Appropriating committees generally adhere to decisions made by the authorizing committees but are not required to do so.
Appropriating committees must adhere to decisions made by the authorizing committees.
Question 3
Which is not a legal responsibility of the Government Accountability Office (GAO)?
Auditing federal agencies on all matters related to receipt, disbursement, and use of public money
Reviewing each executive branch deferral or rescission of budget authority
Reviewing and evaluating the results of government programs and activities
Administering and maintaining finance and accounting programs of independent agencies of the executive branch
Question 4
According to OMB Circular A-123, agencies are required to submit a management assurance statement and corrective actions for their annual Performance and Accountability Report within:
30 days.
45 days.
60 days.
90 days.
Question 5
Installation planning for civilian workforce expansion and recruitment during contingencies and emergencies should include all of the following except: