CDFM Fiscal Law Module 3.1 Exam With Correct Solutions Graded A+

3 Groups that can be Indebted to the Government - Current military or civilian Former military or civilian Vendor 3.2.38 3 Types of Collections - Receipts - collections creditable to the Treasury Department Miscellaneous Receipt account as authorized by legislation (i.e. recycling) Reimbursements - amounts earned and collected for property sold or services furnished to the public or to another US Government agency. Reimbursement are shown as a positive amount on the DD Form 1131. Refunds - recoupments of excess payments. A refund may be a true collection and be collected into the DO accountability by a DD Form 1131. 3.2.35 31 USC 13 and 15 - Contains requirements for use, control, and accountability of funds 3.1.10 31 USC 1301 - Purpose of obligation 3.1.13 31 USC 1341, 1342, 1517 - Cornerstone of Anti Deficiency Act 3.1.29 Amount of obligation 3.1.13 31 USC 1502 - Time of obligation 3.1.13