For efforts longer than 12 months but less than 18, financing may be approved for the total requirement in one FY under ___ type appropriation.

Study for the Certified Defense Financial Manager (CDFM) Exam 1. Engage with flashcards and multiple choice questions, with hints and explanations for each query. Prepare confidently for your exam!

Multiple Choice

For efforts longer than 12 months but less than 18, financing may be approved for the total requirement in one FY under ___ type appropriation.

Explanation:
This item hinges on how funding is controlled by appropriation type. For programs whose work lasts longer than 12 months but under 18 months, financing the total requirement in one fiscal year is allowed under a Procurement appropriation. Procurement funds are specifically for acquiring end items and related production needs, and they can cover the total anticipated cost within a single year for those acquisitions. In contrast, RDT&E funds cover research, development, testing, and evaluation; MILPERS funds cover personnel costs; and O&M funds cover day-to-day operations and maintenance. So the scenario described fits Procurement funding, which is why that choice is the best answer.

This item hinges on how funding is controlled by appropriation type. For programs whose work lasts longer than 12 months but under 18 months, financing the total requirement in one fiscal year is allowed under a Procurement appropriation. Procurement funds are specifically for acquiring end items and related production needs, and they can cover the total anticipated cost within a single year for those acquisitions. In contrast, RDT&E funds cover research, development, testing, and evaluation; MILPERS funds cover personnel costs; and O&M funds cover day-to-day operations and maintenance. So the scenario described fits Procurement funding, which is why that choice is the best answer.

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