Milcon is an which type of account?

Prepare for your Certified Defense Financial Manager (CDFM) Exam 1. Study with comprehensive flashcards and multiple-choice questions. Understand core defense financial management concepts and boost your exam readiness today!

Multiple Choice

Milcon is an which type of account?

Explanation:
Milcon funds Military Construction projects—long‑term facilities and infrastructure that provide benefits over many years. Because it is aimed at creating durable capital assets, it is categorized as an investment account. This distinguishes it from operating accounts, which cover daily running costs; procurement accounts, which buy equipment and major systems; and working capital, which handles short‑term liquidity. The investment nature of Milcon reflects its purpose: building assets that support missions over the long term.

Milcon funds Military Construction projects—long‑term facilities and infrastructure that provide benefits over many years. Because it is aimed at creating durable capital assets, it is categorized as an investment account. This distinguishes it from operating accounts, which cover daily running costs; procurement accounts, which buy equipment and major systems; and working capital, which handles short‑term liquidity. The investment nature of Milcon reflects its purpose: building assets that support missions over the long term.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy