FISCAL LAW EXAM (100 out of 100) Questions and Answers Elaborations 2024
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Course
Fiscal Law
Institution
Fiscal Law
Whether or not there is an Antideficiency Act violation after applicatio n of the two-part corrections test, you must:
Complete a formal investigation within 12 months and 2 weeks from the date the preliminary review ended.
Place civilian personnel on administrative leave pending the outcome of ...
FISCAL LAW EXAM (100 out of 100) Questions
and Answers Elaborations 2024
QUESTI O N 1
Whether or not there is an Antideficiency Act violation after applicatio n of the
two-part corrections test, you must:
Complete a formal investigation within 12 months and 2 weeks from the
date the preliminary review ended.
Place civilian personnel on administrative leave pending the outcome of
the preliminary review.
Try to deobligate the improper funds and obligate the proper funds.
Investigate whether there was an Antideficiency Act violation and
establish/assign responsibility.
4 points
QUESTI O N 2
(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 rationale is that employees (both military and civilian) need a place to
prepare food they bring in from home. You respond by telling her:
The microwave must be purchased using private resources. The SJA may
either pay for the purchase entirely out of her personal funds or she may
take up a collection from others in the office who will also utilize these
items.
Absent any local or service-level policies to the contrary, the microwave
may be purchased with Operations and Maintenance, Army
appropriations. The Comptroller General has determined that such
equipment reasonably relates to the efficient performance of the agency.
The microwave may be purchased with Operations and Maintenance,
Army appropriations only if it is determined commercial eating facilities
are not reasonably available within the immediate area of OSMR, or it is
expected that employees will be required to work evening or weekend
hours.
Since the primary purpose of the equipment is to enhance office morale,
Morale, Welfare, and Recreatio n (MWR) funds should be used for the
proposed purchase.
4 points
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- Starts October 1
End September 30
Government Accountability Office (GAO) - Answer- An investigative arm of Congress that issues
opinions and reports to federal agencies concerning the obligation and expenditure of public funds
Obligation - Answer- Any act that legally binds the government to make payment.
Period of Availability - Answer- The period of time where budget authority is available for original
obligation.
QUESTI O N 3
The Necessary Expense Doctrine, or "three-part purpose test" applies in
absence of express authority granted in an appropriatio n. It requires that the
expenditure is (1) not otherwise prohibited, (2) not otherwise provided for,
and:
Necessary and incident to the appropriation's
purpose
Logically related to an agency's mission
Makes a direct contribution to the
appropriation's purpose
Within the fund's period of availability
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 ships, etc.
What is 3400 money used for? - Answer- Operations and Maintenance including Day to Day
expenses such as training, exercises, deployments, civilian salaries, and operating and maintaining
installations, Minor construction <$750K.
What is 3600 money used for? - Answer- RDT&E including scientific research, development, test
and evaluation- can incrementally fund.
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