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CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024 $12.49   Add to cart

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CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024

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CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024 Federal appropriations law can be categorized into which three topical areas? Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? Do...

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  • February 22, 2023
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  • 2022/2023
  • Exam (elaborations)
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CDFM - Module 3 Exam Study Questions & Answers, 180
Questions And Answers 2023/2024
Federal appropriations law can be categorized into which three topical areas?
Purpose, Time and Amount
In the Department of Defense, final decision of fiscal law questions are "officially"
rendered by whom?
DoD General Counsel, Courts
What are the basic types of budget authority used in the Federal Government?
Appropriations
Contract Authority
Borrowing Authority
Monetary Credits
Offsetting Collections and Receipts
Loan and Loan Guarantee Authority
Annual appropriations remain available for new obligations for how long?
They normally remain available for new obligations for ONE fiscal year
Operation and Maintenance (O&M) is an example of what type of appropriation
Annual appropriation
RDT&E is an example of what type of appropriation?
Multi-year appropriation
Budget authority does not expire in what type of appropriation?
No-year appropriation
Article 1, Section 9, of the U.S. Constitution gives the power to appropriate funds
for operating the Government to which branch of the Government?
Legislative Branch (Congress)
Which law established the House and the Senate Budget Committees and the
Congressional Budget Office (CBO)?
Congressional Budget Act of 1974
What are the three tests that must be met for use of Necessary Expense doctrine?
Must bear a logical relationship, not prohibited by law, not funded elsewhere
Who are determined to be accountable individuals in the DoD?
Certifying and Disbursing Officers and Departmental Accountable Officials
Who grants relief of liability to a certifying officer for erroneous or illegal
payments in the Department of Defense?
DFAS
What type of budgetary resources remain available for new obligations for more
than one fiscal year?
Multi-year authority
What type of budgetary resources remains available for new obligations until the
purpose for which they were provided is carried out?
No-year authority
What type of Congressional resolution can be thought of as a temporary
appropriations act?
Continuing resolution

, If a Contracting Officers signs a contract in advance of an appropriation, what
type of violation ahs occurred?
Anti Deficiency Act Violation
What agency apportions funds for working capital fund?
OMB
What are the four major functions in DoD Finance?
Entitlements, Payments, Collections, Control of Public Funds
What is the primary organization in DoD with the responsibility for Finance
requirements?
DFAS
What is the acronym for disbursing office identification number?
DSSN
What three primary types of officials are accountable Individuals in the DoD?
Certifying Officers, Disbursing Officers, Departmental Accountable Officials
Debt collection incudes collection of debts from what three groups?
Current Employees and Military Members, Former Employees and Military Members,
Vendors
What is the normal collection method for debts owed by active military members
and civilian employees who are still in service?
Salary Offset
When collecting debts owed by vendors that have failed to properly respond to
the demand letters, what is the next step?
Do Not Pay List
When in doubt about the proper use of an appropriation, what may the disbursing
officer request from the OSD General Counsel on the propriety of the prospective
payment?
An advance decision
To what, along with accountability, does certification equate?
Liability
Who, besides the disbursing officer, is likely to be held accountable for an
improper payment?
The Certifying Officer
If a civilian employee receives less than 90% of his or her normal biweekly pay
and allowances, what may he or she request?
Special Pay
When a civilian employee moves from a job overseas to a job in the states, which
organization pays for the Permanent Duty Travel?
The "losing" activity (the OCONUS activity)
Name the supporting documents required in the DoD Payment Package.
Contract
Invoice
Proof of Receipt
Acceptance Document
Name two key forms that provide accountability and control by Disbursing
Officers

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