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DFMC Assessment Review Game Flashcards | StudBud
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DFMC Assessment Review Game
DFMC Assessment Review Game
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Questions
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Answers
1
What does a SWOT analysis measure?
Weakness
Strengths
Opportunities
Work environment
Threats
Strategy
2
What are the four descriptors used to build the ethics filter acronym PLUS?
Legal
Politics
Policy
Self
Universal
Strategy
3
What provides budgetary authority in specific amounts for a specific purpose and specific time period?
OMB Apportionment
Authorization Act
Budget Resolution
Appropriations Act
4
What body resolves differences between House and Senate bills?
Conference Committees
Budget Committees
POTUS
Office of Management & Budget
5
What funding is Congressionally approved and provide budget authority?
Appropriated funds
Authorized funds
Budgeted funds
Reimbursable funds
6
Identify two of the five key functions of leadership.
Optimizing
Challenging
Communicating
Motivating
Bettering
7
Optimization of forces, equipment, manpower, and resources in support of the Warfighter?
Purpose of DAS
Purpose of Joint Staff
Purpose of Congressional Appropriation Process
Purpose of PPBE
8
Characteristics of this stage of team development include clear emergence of a leader and cohesiveness.
Forming
Performing
Adjourning
Storming
Norming
9
What is the process of assessing, communicating, and managing the consequences of an unfavorable event?
Risk elimination
Risk analysis
Contingency planning
Control measures
10
What is the act of shifting budgetary resources from one purpose to another within an appropriation?
Optimize
Reprogram
Transfer
Realign
11
Name the deliverables for step 2 of the Decision Support Model.
Issue statement
BLUF
Necessary assumptions
Relevant facts
Valid limitations
Defined & weighted evaluation criteria
12
This document marks the end of the PLANNING phase of the Planning, Programming, Budgeting and Execution (PPBE) System.
National Defense Strategy
Integrated Priorities List
Defense Planning Guidance
Joint Warfighter Concepts
13
What type of funds have the objective to break even in the long run?
Discretionary funds
All funds
Working capital funds
Mandatory funds
14
What is the most difficult step of the Decision Support Model?
Develop Alternatives
Identify the Issue
Evaluate the Alternatives
Analyze the Issue
Make a Recommendation
Reassessing and Refining
15
This executive body is comprised of the President, Vice President, & Secretaries of State, Defense, Treasury &, Energy.
Combatant Command Staff
National Security Counsil
Joint Requirements Oversight Council
Joint Staff
16
What is thebias that continues a project based on a past decision?
Anchoring
Endowment
Sunk cost
Confirming evidence
17
What is the approximate percentage of the US discretionary budget that is spent on defense?
50%
15%
66%
33%
18
What are the costs to being a reserve currency?
Can lead to stronger currency
Can lead to overaccumulation of debt
Marginal, given the overwhelming power it provides
Can contribute to failure in Great Power Competition
Can lead to lower exports
19
What is step 5 of the Decision Support Model?
Choose the best alternative
Make a Recommendation
Evaluate the Alternatives
Implement the Decision
20
Identify the goals of FIAR.
Improve budget execution processes and prevent Congressional marks
Help provide the resources needed to carry out the mission
Improve our stewardship of resources entrusted to us by taxpayers
Improve DoD’s financial management operations
21
What are True Colors personality types?
Blue
Green
Red
Orange
Yellow
Gold
22
What are the negative impacts of economic sanctions?
Inflation
Rationing
Declining living standards
War could follow
Loss of jobs
Global economy can crash
23
What is the foundation of leadership?
Influence
Communication
Trust
People
24
What must the National Defense Strategy address?
Defense posture
Joint operating concepts
Operational priorities
DoD security objectives
Key operational capabilities
Integrating instruments of national power
25
The deliverable from this DSM step entails of broadly constructed, reasonably numerous and feasible as descriptors.
Determine options
Evaluate the Alternatives
Develop Alternatives
Establish decision criteria
26
What is the most important step of the Decision Support Model?
Identify the Issue
Analyze the Issue
Evaluate the Alternatives
Make a Recommendation
Develop Alternatives
27
What must DoD’s portion of the President’s Budget Request to Congress address?
Minimum funding requirements
Readiness
Strategy
Acquisition programs
28
What is the Federal Reserve Dual Mandate?
Ensure prosperity
Maximize employment
Stabilize domestic prices
Prevent poverty
29
What Defense Agency compiles and prepares Service and DoD financial statements?
OUSD Comptroller
Congress
OMB
DFAS
30
How does the government obtain money?
Print
Sell
Steal
Borrow
Tariffs
Tax
31
What Decision Support tool is used when you have three or more alternatives to evaluate using weighted criteria?
The Matrix
Decision Support Matrix
Prioritization Matrix
Comparative Evaluation Matrix
32
What conflict resolution technique requires both parties to give up something?
Confronting
Compromising
Accommodating
Forcing
33
At its core, what is leadership about?
Influence
People
Listening
Being there
34
What detailed documents are submitted to the House & Senate as part of the overall budget request?
PowerPoint Slides
Evidence Records
DoD Statement of Assurance
Justification Books
35
What document is an output of JCIDS and sets the stage for DAS?
Military Interdepartmental Purchase Request
President's Budget Request
Initial Capabilities Document
Integrated Priorities List
36
What do we provide leaders to better enable them to determine ways ahead?
Answers to their questions
Funding
Commitment
Decision Support
37
What do the letters FIAR stand for?
Free Income Annual Recruitment
Fiscal Incentives Audit Responsibility
Financial Improvement Audit Ramifications
Financial Improvement Audit Readiness/Remediation
38
What authority allows an organization to incur expenses for goods or services on behalf of customers & reconciled later?
Funding authority
Budget authority
Reimbursable budget authority
Strategic authority
39
What provides a reasonable assurance that an entity’s objectives are achieved?
Plans and orders
Risk mitigation strategies
Internal Controls
Leader guidance
40
What is the most effective conflict resolution style?
Confronting
Accommodating
Collaborating
Compromising
41
What is the process when repeatedly asking this question can help you determine the root issue?
Five fundamentals of critical thinking
Five wise/whys
Five steps of DSM
Five areas of analysis
42
This manner of thinking employs curiosity, creativity, skepticism, analysis, and logic.
Strategic
Critical
Analytical
Creative
43
What tax generates the most revenue for the federal government?
Consumption tax
Corporate tax
Property tax
Individual income tax
44
This component of effective communication entails having a variety of strategies and ensuring the recipient is ready.
Packaging
Listening
The Message
Emotion
Context
45
What stage of the PPBE process fits requirements to resources?
Programming
Budgeting
Execution
Planning
46
What is the “E” in the Internal Control Standards Mnemonic (acronym) “CRIME”?
Monitoring Efforts
Control Environment
Risk Essessment
Economic Efficiencies
