Dcma Twin Cities Contract Audit Follow Up (Cafu)

12 Questions | Total Attempts: 86

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Contract Quizzes & Trivia


Questions and Answers
  • 1. 
    An audit must be dispositioned within 6 months.
    • A. 

      True

    • B. 

      False

  • 2. 
    CAFU records do not need to be imported into EDW.
    • A. 

      True

    • B. 

      False

  • 3. 
    CAFU stands for Cost Accounting Follow Up.
    • A. 

      True

    • B. 

      False

  • 4. 
    All DCAA reports are trackable audits.
    • A. 

      True

    • B. 

      False

  • 5. 
    An audit must be resolved in 6 months.
    • A. 

      True

    • B. 

      False

  • 6. 
    The ACO is responsible to track and update milestones in the etools CAFU module.
    • A. 

      True

    • B. 

      False

  • 7. 
    Dispostion happens before resolution.
    • A. 

      True

    • B. 

      False

  • 8. 
    An audit can be deferred if it is the subject of a criminal investigation.
    • A. 

      True

    • B. 

      False

  • 9. 
    Monthly updates must be made to CAFU if the audit report is not resolved within 6 months or dispositioned within 12 months.
    • A. 

      True

    • B. 

      False

  • 10. 
    The ACO can make corrections in CAFU.
    • A. 

      True

    • B. 

      False

  • 11. 
    Interest must be collected on overpayments resulting from defective cost or pricing data on DOD contracts.
    • A. 

      True

    • B. 

      False

  • 12. 
    CAFU is no big deal.  You only have to worry about it twice a year.
    • A. 

      True

    • B. 

      False

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