Fiscal law exam version 2 - Study guides, Class notes & Summaries

CLG 001_ Fiscal Law Exam version 2_ updated and answered. QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a computer system that the Post Engineer will use to track work orders and inventory. This $15,000 computer system is readily available ...

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason i...

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason i...

CLG 001_ Fiscal Law Exam version 2_ updated and answered. QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a computer system that the Post Engineer will use to track work orders and inventory. This $15,000 computer system is readily available ...

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at ...

CLG 001_ Fiscal Law Exam 2023/2024 version 2_ updated and answered GRADED A LATEST VERSION QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending approp...

CLG 001_ Fiscal Law Exam 2023/2024 version 2_ updated and answered GRADED A LATEST VERSION QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending approp...

CLG 001_ Fiscal Law Exam 2023/2024 version 2_ updated and answered GRADED A LATEST VERSION QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending approp...

WV Real Estate License Law Latest Version Graded A+ 30-40-1 laws are created to protect the public for the common good 30-40-3 a license is required to be a real estate broker, associate broker or salesperson 30-40-4 definitions Applicant any person making application for a license Associate Broker a broker that works under the supervision of another licensed broker, must have 2 years of experience with adequate experience, must take another 90 hr course, must pass the state ...

Who controls the purse strings of the Federal Government? - Correct Answer Congress What are the main sources of Fiscal Law? - Correct Answer - Constitution - Legislative Acts - judicial rulings - Comptroller General decisions Describe how to limit the use of funds with (1) purpose, (2) time, and (3) amount. - Correct Answer (1) the necessary expense rule (2) the bona fide need rule (3) Anti-deficiency Act What is the Necessary Expense Rule? - Correct Answer where a particular expe...