CDFM Module 3 case studies
CDFM Module 3 · Put your knowledge to work in context.
The Certified Defense Financial Manager (CDFM) is a professional certification for financial management professionals in the U.S. Department of Defense (DoD). The CDFM Module 3 case studies are 5 cases and about 3,208 words.
1Year-End Severable Services and the Bona Fide Needs Rule
A Navy installation’s operations and maintenance appropriation expires on 30 September. In mid-August the comptroller receives four requirements.
711 words, about 4 min2Lease, Buy, or Service Contract for an Eight-Year Cleaning Operation
An Air Force logistics center must choose among three options for an eight-year specialized parts-cleaning operation. Option A is to buy and install equipment for 1.8 million, with annual O&M of 240,000, a 300,000 overhaul in year 4, and a 150,000 salvage value at the end of year 8.
660 words, about 3 min3Reconciling a Working Capital Fund’s Budgetary and Proprietary Ledgers
A Defense Finance and Accounting Service accountant is closing the first quarter for a working capital fund activity. The proprietary trial balance shows Fund Balance with Treasury (USSGL 1010) of 4,200,000; Accounts Payable (2110) of 860,000; Revenue from Sales (5200) of 1,900,000; Cost of Goods Sold (7300) of 1,450,000; Inventory (1540) of 620,000; and Unexpended Appropriations (3100) of 2,300,000.
600 words, about 3 min4Reprogramming and Reimbursements in the Last Quarter
An Army garrison commander has 1.4 million in O&M funds remaining in the last quarter of the fiscal year. She wants to spend 650,000 to replace a failed chiller in a child development center, 300,000 to buy 40 ruggedized laptops at 7,500 each, 200,000 to cover a shortfall in a facilities sustainment contract, and 90,000 for an environmental compliance study required by an EPA consent order.
604 words, about 3 min5ESPC Versus Direct Funding for Energy Upgrades
A Defense Logistics Agency installation is evaluating an energy savings performance contract (ESPC) for lighting and HVAC upgrades. The contractor will finance 3.2 million and be repaid from measured energy savings over 12 years.
633 words, about 3 min