MILPERS is an acronym for which budget category?

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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

MILPERS is an acronym for which budget category?

Explanation:
MILPERS stands for Military Personnel. The budget category labeled MILPERS is dedicated to costs related to military members, including pay, allowances, bonuses, retirement contributions, health care, and other personnel readiness expenses. It is set apart from other budget areas that cover equipment and services, such as Procurement (for weapons and systems) or logistics and construction categories. So the correct answer identifies Military Personnel as the focus of this budget category.

MILPERS stands for Military Personnel. The budget category labeled MILPERS is dedicated to costs related to military members, including pay, allowances, bonuses, retirement contributions, health care, and other personnel readiness expenses. It is set apart from other budget areas that cover equipment and services, such as Procurement (for weapons and systems) or logistics and construction categories. So the correct answer identifies Military Personnel as the focus of this budget category.

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