Exam (elaborations)
Basic Fiscal Law 2023 /Verified Questions With Complete Solutions (A+)
- Course
- Institution
Basic Fiscal Law 2023 /Verified Questions With Complete Solutions (A+)
[Show more]
Seller
Follow
HELLENAH
Reviews received
Content preview
Basic Fiscal Law 2023 /Verified Questions WithComplete Solutions (A+)
Quiz :"The established rule is that the expenditure of public funds is proper
only when authorized by Congress," describes _____ - √Answer :Affirmative
Authority
Quiz :______ has the ability to appropriate funds to be spent by the federal
government. - √Answer :Congress
Quiz :The three main elements that must be met before funds are obligated
are - √Answer :Purpose
Time
Amount
Quiz :To apply reasonably discretion and flexibility, the Government
Accountability Office (GAO) developed the concept known as the _______,
which consists of a three part test. - √Answer :necessary expense rule
Quiz :The bona fide needs rule allows you to maintain inventories at levels to
avoid disruption of operations. - √Answer :true
Quiz :A(n) ______ appropriation is to remain available until expended without
fiscal year limitation. - √Answer :No-Year
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller HELLENAH. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.29. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80461 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now