CDFM 3.1 Fiscal Law Final Test || With 100% Accurate Questions & Solutions
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Course
Fiscal Law
Institution
Fiscal Law
CDFM 3.1 Fiscal Law Final Test || With 100% Accurate Questions & Solutions
CDFM 3.1 Fiscal Law Final Test || With 100% Accurate Questions & Solutions
It is the responsibility of the _____ to review and approve the agency systems of administrative control of funds to prevent violations of th...
CDFM 3.1 Fiscal Law Final Test || With
100% Accurate Questions & Solutions
Conceptial Research 2024 Conceptialresearch@gmail.com
, CDFM 3.1 Fiscal Law Final Test || With
100% Accurate Questions & Solutions
It is the responsibility of the _____ to review and approve the agency systems of
administrative control of funds to prevent violations of the Anti-Deficiency Act. -
ANSWER - OMB
Acceptance of voluntary service is a violation of _________ - ANSWER - 31,. USC
1342
_____ is the shift from one purpose or activity to another within different
appropriations. - ANSWER - Transfer
The ____ prescribe rules and procedures for budget execution. Many of the specific
provisions were previously enacted as Section 3679 of the revised statutes also
known as the Anti-Deficiency Act. - ANSWER - Chapters 13 and 15, 31 USC
The appropriation time line for Operation and Maintenance is ________. - ANSWER
-1
The Basic substantive legislation enacted by Congress that sets up or continues the
legal operation of a Federal program or agency either indefinitely or for a specific
time frame or sanctions a particular type of obligation or expenditure within a
program is _______. - ANSWER - Authorization
True or False? For no year and unexpired multiyear contracts, apportioned
recoveries of prior year obligations are available for new obligations. - ANSWER -
TRUE
_______ is the shift from one purpose or activity to another within the same
appropriations. - ANSWER - Reprogramming
______ is the shift from one purpose or activity to another between different
appropriations. - ANSWER - Transfer
The Package that lists all of the reprogramming actions and all sources and
increases is the ______. - ANSWER - Omnibus Reprogramming Request
The amount of obligational authority transferred from one agency bureau or account
that is set aside in a transfer appropriation account to carry out the purpose of the
parent appropriation is a (n)_______. - ANSWER - Allocations
The issuance of Treasury Warrants are the _____ ______ action taken after the
President signs the bill into law. - ANSWER - 1st legal
The 3 Dimensions of Budget Resource Availability are _______,_______,
_________. - ANSWER - Purpose Time and Amount
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