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CDFM Module 1 Exam 500 Questions And Answers 2024

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CDFM Module 1 Exam 500 Questions And Answers 2024/CDFM Module 1 Exam 500 Questions And Answers 2024/CDFM Module 1 Exam 500 Questions And Answers 2024

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CDFM Module 1 Exam Exam 500 Questions And Answers 2024

CDFM Module 1 Exam Exam 500 Questions And Answers 2024
What prevents Congress and the President from unilaterally making laws and treaties? -
answerSeparation of Power



What give Congress the authority to make laws? - answer-Article 1, Section 8 of the Constitution



Who reviews the constitution for interpretation of the constitution? - answer-Supreme Court



Who has the power to raise taxes given in Article 1 of the Constitution? - answer-Congress (Legislative
Branch)



What does the Congress of the US consist of? - answer-Senate (6 yrs); House (2 yrs)



All bills for raising Revenue shall originate where? But the Senate may propose or concur with
Amendments as on other Bills. - answer-House of Representative



To be able to override a presidential veto, the House has to have a majority to pass the bill; and if
approved, then goes to the Senate for a vote to pass the bill. If approved, the Bill becomes Law. What is
the percentage the vote has to pass by in both the House & Senate? - answer-2/3 and 2/3



If any Bill shall not be returned by the President after it has been presented to him, the Same shall be a
law. How many days? - answer-10 Days



Who has the power to lay and collect taxes, duties, imposts and Excises to pay the debts and provide for
the common defense and general welfare of the United States. - answer-Congress



Article 1, Section 8 of the Constitution allows for what? - answer-1) borrow money on credit 2) regulate
commerce; 3) Coin money; 4) Constitute Tribunals; 5) Declare War; 6) Raise and support Armies; 7)
provide and maintain Navy; 8) Make Rules for Government Regulation of land and naval forces; 9)
Provide for calling forth Militia; 10) to make all laws


No money shall be drawn from the Treasury, but in the Consequence of Appropriations made by law. -
answer-Article 1, Section 9

,CDFM Module 1 Exam Exam 500 Questions And Answers 2024

Once the money officially and legally gets into the Treasury, to be able to use the money, what does
Congress have to do? - answer-Write a Law



Gives executive power to the President to be the Commander in Chief and to execute the laws -
answerArticle 2 Executive Branch



The President has the power to nominate and with the advice and consent of the Senate, shall appoint
these officials. Name 2? - answer-Ambassadors & Supreme Court Judges



How often does the President give to Congress the State of the Union (Jan/Feb) time frame. -
answerOnce year



Who and what branch is responsibly for faithfully executing the laws enacted by Congress (Legislative
Branch)? - answer-President (Executive Branch)



The Supreme Court does not deal in the matter of what? - answer-State Laws



A new Congress convenes for two years following the November general elections, it consists of how
many sessions, and each in what duration? - answer-2 sessions; 1 year duration



This may originate either in the House of Representatives or in the Senate. There is little practice
difference between a bill and a " ", once agree, it goes to the President for signature. - answer-Joint
Resolution



Matters affecting the operation of the House & Senate and both chambers agree, does not go to the
President for signature. - answer-Concurrent Resolution



The House and Senate can each write an matter concerning the operation on its own. Applies to the
chamber that created it. Knows as the H.Res & S.Res - answer-Simple Resolution


During the State of The Union, what message is the President giving? - answer-State of Union,
recommend measures necessary and expedient

,CDFM Module 1 Exam Exam 500 Questions And Answers 2024

Can an Executive Branch Department pass legislation with the approval of OMB and on Behalf of the
president, to a congressional committee or subcommittee - answer-Yes, but must be approved by OMB



Who resolves differences between the HR and the Senate? - answer-Conference Committee (Third
Chamber)



What is usually the first step in the process for consideration by committee? - answer-Public Hearing



When a Conference Committee is convened dealing with an amendment, what can the conferees do and
not do? - answer-Only deal with matters in disagreement; cannot insert new matter or leave out matter
agreed on



The final step after the Conference Committee Resolution after a measure has been passed in identical
form by both the House andSenate, it is considered to be what? - answer-"Enrolled" (then sent to the
president)



What was declared unconstitutional in 1998 with respect to Presidential Veto? - answer-Line Item Veto



If the President Veto a Bill, it is returned to the house of original acting first. If the Bill does not receive
2/3 vote, it is sustained and the bill fails to become law. If it receives the required 2/3 vote, an
endorsement to the effect is made on the back of the bill and it is then transmitted, with the accompany
message, the to the second house for its action. What has to happen for the Bill to become Law? -
answer-The next house has to pass it with a 2/3 vote to become law.



Who is responsible for the 3 phases of the Budget Cycle? - answer-OMB



What are the 3 Phases of the Budget Cycle? - answer-Budget Formulation, Congressional Action and
Budget Execution



Who does the Federal budget belong to? - answer-The President

The Budget Formulation processed is governed by this? - answer-OMB Circular A-11

, CDFM Module 1 Exam Exam 500 Questions And Answers 2024
OMB Circular A-11 sets out the promises of the president - answer-Presidential Priorities



What are the six major steps in the budget formulation process laid out in OMB Circular A-11? - answer-
1) OMB Issues guidance; 2) Organization develops draft; 3) Agency submit budget estimates to OMB; 4)
OMB hold hearings on Agency Budgets; 5) President makes final decisions on Agency budgets; 6)
President transmits the budget to Congress.



What organization is responsible for helping the President with spending policy, managing the executive
budget, and providing advice an dangles on a broad range of topics? - answer-Additional OMB Duties



The President is responsible to transmit the budget of the US government to congress NLT when? -
answer-1st Monday in February each year



Congress she process authorization legislation, which authorizes or allows programs to exist. They also
pass appropriations, which provide funding for programs - answer-Congressional Action Phase



The President signs the bills into law that provides legal budget authority to incur obligations and make
payments out of the Treasury for specified purposes. - answer-Appropriation



In the Congressional Action Phase, who holds hearing in January in preperation for drafting the
concurrent resolution of the budget? - answer-Budget Committees



Budget Committees this to their respective houses. The resolution sets spending revenue and other
budget targets for the upcoming fiscal year. - answer-Concurrent Resolution - April of each year



This is the process of estimating the budgetary effects of pending legislation and comparing them to a
baseline such as a budget resolution or to any limits that may be set in law. - answer-Scorekeeping



What data does scorekeeping track? - answer-budget authority, receipts, outlays, surplus or deficit, and
the public debt

This resolution fixes new budget authority and outlay target and establishes target for the Gross
National Debt, revenues, and surplus/deficit. - answer-Budget Resolution

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