1 Exam (elaborations) Appropriation Law Study Guide Exam And Verified Answers 2024. 2 Exam (elaborations) Basic Fiscal Law Final Exam Well Answered Rated A+ 2024 3 Exam (elaborations) CDFM Fiscal Law Module Exam With All Correct Answers 2024. 4 Exam (elaborations) CMFO Midterm Exam And Actual An...
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The established rule is that the expenditure of public funds is proper only when ________ by Congress, not that public funds may be expended unless prohibited by Congress. - Answer authorized In fiscal law, you can do only what the law authorized you to do. ______ of a law prohibiting you from ...
Voorbeeld 3 van de 19 pagina's
In winkelwagenThe established rule is that the expenditure of public funds is proper only when ________ by Congress, not that public funds may be expended unless prohibited by Congress. - Answer authorized In fiscal law, you can do only what the law authorized you to do. ______ of a law prohibiting you from ...
________________ funds are available for new obligations for a period of 5 years. - Answer Anti deficiency Act Principles state that you can receive services without paying for them as benefit to the government. - Answer False ________________ has the ability to appropriate funds to be sp...
Voorbeeld 1 van de 1 pagina's
In winkelwagen________________ funds are available for new obligations for a period of 5 years. - Answer Anti deficiency Act Principles state that you can receive services without paying for them as benefit to the government. - Answer False ________________ has the ability to appropriate funds to be sp...
purpose of financial management - Answer properly execute the legal and administrative responsibilities of funds Defense Finance and Accounting Service (DFAS) - Answer official accounting firm of the DOD two things needed IOT have any of the fiscal roles/responsibilities - Answer 1. appo...
Voorbeeld 2 van de 13 pagina's
In winkelwagenpurpose of financial management - Answer properly execute the legal and administrative responsibilities of funds Defense Finance and Accounting Service (DFAS) - Answer official accounting firm of the DOD two things needed IOT have any of the fiscal roles/responsibilities - Answer 1. appo...
What is the bona fide needs rule - Answer supplies or services must be intended for a genuine, "bona fide" need in the FY of appropriations being used current year money for a current year need What are the exceptions to the Bona-Fide Needs Rule - Answer Exceptions: Supply production/...
Voorbeeld 1 van de 4 pagina's
In winkelwagenWhat is the bona fide needs rule - Answer supplies or services must be intended for a genuine, "bona fide" need in the FY of appropriations being used current year money for a current year need What are the exceptions to the Bona-Fide Needs Rule - Answer Exceptions: Supply production/...
Affirmative Authority governed by what: - Answer • The U.S. Constitution • Legislative Appropriations and Authorization Acts • Judicial Court Rulings and Comptroller General decisions DoD AA - Answer Depart of Defense Appropriations Act NDAA - Answer National Defense Authorizatio...
Voorbeeld 1 van de 3 pagina's
In winkelwagenAffirmative Authority governed by what: - Answer • The U.S. Constitution • Legislative Appropriations and Authorization Acts • Judicial Court Rulings and Comptroller General decisions DoD AA - Answer Depart of Defense Appropriations Act NDAA - Answer National Defense Authorizatio...
U.S. Fiscal Law - Answer Body of law which governs the use and availability Federal funds by Executive Agencies Fiscal Law is derived from... - Answer 1. US Constitution (Article I) 2. US Code, Title 31 3. FAR and subsequent regulations 4. GAO and court rulings Fiscal Year - Answer St...
Voorbeeld 2 van de 7 pagina's
In winkelwagenU.S. Fiscal Law - Answer Body of law which governs the use and availability Federal funds by Executive Agencies Fiscal Law is derived from... - Answer 1. US Constitution (Article I) 2. US Code, Title 31 3. FAR and subsequent regulations 4. GAO and court rulings Fiscal Year - Answer St...
Fiscal Law - Answer Body of law governing use of federal funds Fiscal Year - Answer 1 October ‐ 30 September Period of Availability - Answer Most appropriations available for obligation for limited time period Funds not obligated in timely manner generally expire Obligation - Answ...
Voorbeeld 2 van de 7 pagina's
In winkelwagenFiscal Law - Answer Body of law governing use of federal funds Fiscal Year - Answer 1 October ‐ 30 September Period of Availability - Answer Most appropriations available for obligation for limited time period Funds not obligated in timely manner generally expire Obligation - Answ...
Fiscal Law - Answer Body of law governing use of federal funds Fiscal Year - Answer 1 October ‐ 30 September Period of Availability - Answer Most appropriations available for obligation for limited time period Funds not obligated in timely manner generally expire Obligation - Answ...
Voorbeeld 2 van de 7 pagina's
In winkelwagenFiscal Law - Answer Body of law governing use of federal funds Fiscal Year - Answer 1 October ‐ 30 September Period of Availability - Answer Most appropriations available for obligation for limited time period Funds not obligated in timely manner generally expire Obligation - Answ...
What is the "Bona Fide Needs" Rule? - Answer The Bona Fide Needs Rule basically means that a federal agency must have a legitimate or bona fide need for the requirement during the time period that the appropriation is available. Pursuant to 31 U.S.C. 1502(a), "The balance of an appropriation li...
Voorbeeld 2 van de 6 pagina's
In winkelwagenWhat is the "Bona Fide Needs" Rule? - Answer The Bona Fide Needs Rule basically means that a federal agency must have a legitimate or bona fide need for the requirement during the time period that the appropriation is available. Pursuant to 31 U.S.C. 1502(a), "The balance of an appropriation li...
What are the three main types of appropriation and their availability for obligation? - Answer 3400 - O&M (1-year appropriation) 3600 - RDT&E (2-year appropriation) 3080 - Procurement (3-year appropriation) Within procurement there are different types of appropriation for aircraft, naval ...
Voorbeeld 2 van de 8 pagina's
In winkelwagenWhat are the three main types of appropriation and their availability for obligation? - Answer 3400 - O&M (1-year appropriation) 3600 - RDT&E (2-year appropriation) 3080 - Procurement (3-year appropriation) Within procurement there are different types of appropriation for aircraft, naval ...
(Select the best answer) You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on a piece of equipment that she personally would like to see purchased for use in the common break area of the legal office. She wants to use appropriated funds to buy a microwave. Her...
Voorbeeld 2 van de 6 pagina's
In winkelwagen(Select the best answer) You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on a piece of equipment that she personally would like to see purchased for use in the common break area of the legal office. She wants to use appropriated funds to buy a microwave. Her...
Fiscal Law - Answer Is the body of law which govern the availability and use of public funds. Same as appropriation law. The constitution Authorization acts Appropriation acts General Statutes Comptroller General decisions and Courts - Answer Sources of authority on the use of public fun...
Voorbeeld 3 van de 20 pagina's
In winkelwagenFiscal Law - Answer Is the body of law which govern the availability and use of public funds. Same as appropriation law. The constitution Authorization acts Appropriation acts General Statutes Comptroller General decisions and Courts - Answer Sources of authority on the use of public fun...
Federal appropriations law can be categorized into which three topical areas? - Answer Purpose, Time, and Amount In the Department of Defense, final decisions of Fiscal Law questions are "officially" rendered by whom? - Answer DoD General Counsel How many basic types of budget authority ...
Voorbeeld 1 van de 2 pagina's
In winkelwagenFederal appropriations law can be categorized into which three topical areas? - Answer Purpose, Time, and Amount In the Department of Defense, final decisions of Fiscal Law questions are "officially" rendered by whom? - Answer DoD General Counsel How many basic types of budget authority ...
Federal appropriations law can be categorized into which three topical areas? - Answer Purpose, Time, and Amount (PTA) In the DoD, final decisions of fiscal law questions are "officially" rendered by whom? - Answer DoD General Counsel, Courts What are the basic types of budget authority ...
Voorbeeld 1 van de 2 pagina's
In winkelwagenFederal appropriations law can be categorized into which three topical areas? - Answer Purpose, Time, and Amount (PTA) In the DoD, final decisions of fiscal law questions are "officially" rendered by whom? - Answer DoD General Counsel, Courts What are the basic types of budget authority ...
You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on two pieces of equipment that he personally would like to see purchased for use in the common break area of the legal office. He wants to use appropriated funds to buy a refrigerator and a microwave. His rati...
Voorbeeld 2 van de 8 pagina's
In winkelwagenYou work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on two pieces of equipment that he personally would like to see purchased for use in the common break area of the legal office. He wants to use appropriated funds to buy a refrigerator and a microwave. His rati...
A(n) Commitment is an administrative reservation of funds and a(n) obligation creates a legal liability on behalf of the government to pay for goods and services ordered or received - Answer Commitment/Obligation The antideficiency act (ADA) prohibits - Answer involving the government in a co...
Voorbeeld 2 van de 6 pagina's
In winkelwagenA(n) Commitment is an administrative reservation of funds and a(n) obligation creates a legal liability on behalf of the government to pay for goods and services ordered or received - Answer Commitment/Obligation The antideficiency act (ADA) prohibits - Answer involving the government in a co...
Every audit required by the Local Fiscal Affairs NJSA 40A5-9 is required to completed by an accountant or auditor who holds and uncanceled license as? - Answer Registered Municipal Accountant The statutory responsibility for the filing of the "Unaudited Annual Financial Statements is assigned ...
Voorbeeld 2 van de 12 pagina's
In winkelwagenEvery audit required by the Local Fiscal Affairs NJSA 40A5-9 is required to completed by an accountant or auditor who holds and uncanceled license as? - Answer Registered Municipal Accountant The statutory responsibility for the filing of the "Unaudited Annual Financial Statements is assigned ...
How many branches of the government did the Constitution set up? - Answer 3 - Legislative (I); Executive (II); Judicial (III) What was the predecessor to the Constitution? - Answer Articles of Confederation Where are all federal level laws enacted? - Answer Legislative Branch - Congress ...
Voorbeeld 2 van de 7 pagina's
In winkelwagenHow many branches of the government did the Constitution set up? - Answer 3 - Legislative (I); Executive (II); Judicial (III) What was the predecessor to the Constitution? - Answer Articles of Confederation Where are all federal level laws enacted? - Answer Legislative Branch - Congress ...
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