CDFM Module 2: Budget and Cost Analysis

Review 80 CDFM-MODULE-2 practice questions with answer explanations and community insights.

Question 1

Automated information systems (AIS) fall into what ACAT category?

  1. ACAT I
  2. ACAT II
  3. ACAT III
  4. ACAT IA

Question 2

What identifies the control structure that is tailored to address risks to data quality in federal spending data?

  1. Access control logs for information systems
  2. Data quality plan
  3. Reliability assessment of data
  4. Data risk management system

Question 3

When Congress completes their annual appropriation process, the total amount appropriated in that year represents the:

  1. expected outlays for that fiscal year.
  2. expected obligations for that fiscal year.
  3. obligational authority for the life of the appropriations in the act.
  4. accrued expenditures for that year.

Question 4

What act has the purpose to provide a more effective, efficient, and responsive government primarily for federal human resources and financial management?

  1. Inspector General Act of 1978, as amended
  2. Government Management Reform Act of 1994
  3. Federal Information Security Management Act of 2002
  4. Federal Managers Financial Integrity Act of 1982

Question 5

The National Intelligence Program is governed by which title of the United States Code?

  1. Title 6 - Domestic Security
  2. Title 10 - Armed Forces
  3. Title 22 - Foreign Relations and Intercourse
  4. Title 50 - War and National Defense