Society of Defense Financial Management (SDFM) Practice Exam 2025 - Free SDFM Exam Practice Questions and Study Guide

Question: 1 / 400

What main aspect does 'Program Evaluation' focus on?

Finding new sources of revenue

Assessing efficiency and effectiveness of defense programs

Program Evaluation primarily concentrates on assessing the efficiency and effectiveness of defense programs. This process involves systematically analyzing the implementation and outcomes of various programs to determine their success in achieving defined objectives within the defense sector. By evaluating how well these programs operate, stakeholders can identify strengths and weaknesses, leading to informed decision-making regarding resource allocation, program enhancement, and strategic planning.

This focus is critical in a defense setting, where maximizing impact while managing limited resources is essential. The evaluation process provides data-driven insights that help in understanding program performance, thereby facilitating improvements and ensuring accountability in the use of public funds.

Get further explanation with Examzify DeepDiveBeta

Reducing staff within financial departments

Establishing a fixed budget regardless of results

Next Question

Report this question

Download Society of Defense Financial Management (SDFM) Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy