CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024

CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024 Federal appropriations law can be categorized into which three topical areas? - Answer ️️ - Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answer ️️ -DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - Answer ️️ - 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? - Answer ️️ -They normally remain available for new obligations for ONE fiscal year Operation and Maintenance (O&M) is an example of what type of appropriation - Answer ️️ - Annual appropriation RDT&E is an example of what type of appropriation? - Answer ️️ -Multi-year appropriation Budget authority does not expire in what type of appropriation? - Answer ️️ -No-year appropriation