Cdfm 3 1 fiscal law exam - Study guides, Class notes & Summaries
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Bundle For CDFM EXAM 2023-2024 / ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A
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Exam (elaborations)
CDFM 2023 Real Exam Questions with Complete Solutions

2
Exam (elaborations)
CDFM Module 4 2023-2024 Exam Questions with Correct Answers

3
Exam (elaborations)
CDFM Module 3 Fiscal Law 2023 Exam Questions and Answers

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Exam (elaborations)
CDFM 3.1 Fiscal Law Exam Questions with Correct Answers


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CDFM MODULE 1 EXAM 2023-2024 REAL EXAM 250 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)
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CDFM MODULE 1 EXAM REAL EXAM 250 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS) 
 
What prevents Congress and the President from unilaterally making laws and treaties? 
Separation of Power 
What give Congress the authority to make laws? 
Article 1, Section 8 of the Constitution 
Who reviews the constitution for interpretation of the constitution? 
Supreme Court 
Who has the power to raise taxes given in Article 1 of the Constitution? 
Congress (Legislative Branch) 
What does the Congress of th...
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CDFM Module 3 Fiscal Law 2023 Exam Questions and Answers
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CDFM Module 3 Fiscal Law 
2023 Exam Questions and 
Answers 
 
You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants 
your advice on two pieces of equipment that he personally would like to see purchased 
for use in the common break area of the legal office. He wants to use appropriated 
funds to buy a refrigerator and a microwave. His rationale is that employees (both 
military and civilian) need a place to store and prepare food they bring in from home. 
You respond by t...
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CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024
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CDFM Module 3 Exam Questions with Complete 
Solutions | New Update 2024 
Federal appropriations law can be categorized into which three topical areas? - Answer ️️ - 
Purpose, Time and Amount 
In the Department of Defense, final decision of fiscal law questions are "officially" rendered by 
whom? - Answer ️️ -DoD General Counsel, Courts 
What are the basic types of budget authority used in the Federal Government? - Answer ️️ - 
Appropriations 
Contract Authority 
Borrowing Authority...
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CDFM MODULE 1 EXAM 2023-2024 REAL EXAM 250 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)
- Exam (elaborations) • 29 pages • 2024
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CDFM MODULE 1 EXAM REAL EXAM 250 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS) 
 
What prevents Congress and the President from unilaterally making laws and treaties? 
Separation of Power 
What give Congress the authority to make laws? 
Article 1, Section 8 of the Constitution 
Who reviews the constitution for interpretation of the constitution? 
Supreme Court 
Who has the power to raise taxes given in Article 1 of the Constitution? 
Congress (Legislative Branch) 
What does the Congress of th...
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CDFM Module 3 Exam Questions with All Correct Answers
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CDFM Module 3 Exam 
Questions with All Correct 
Answers 
 
Federal appropriations law can be categorized into which three topical areas? - 
ANSWER Purpose, Time and Amount 
In the Department of Defense, final decision of fiscal law questions are "officially" 
rendered by whom? - ANSWER DoD General Counsel, Courts 
What are the basic types of budget authority used in the Federal Government? - 
ANSWER Appropriations 
Contract Authority 
Borrowing Authority 
Monetary Credits 
Offsetting Collecti...
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CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024
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CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024 
 
 
CDFM MODULE 3.1 
What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) 
 
"Where can the most authoritative source of information on the proper use...
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CDFM 3.1 Fiscal Law Exam Questions with Correct Answers
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CDFM 3.1 Fiscal Law Exam 
Questions with Correct 
Answers 
 
True or false? A working capital (Revolving) fund or part of that fund cannot violate the 
Anti Deficiency Act. - ANSWER FALSE 
Agencies are responsible for maintaining a system of accounting and internal controls to 
avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 
(Anti-Deficiency Act) 
The appropriation time line for Military Construction is _______ years. - ANSWER 
5 
The appropriation time line for Procurem...
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CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024
- Exam (elaborations) • 61 pages • 2024
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CDFM - MODULE 3 EXAM (4 DIFFERENT 
SUB MODULE 3.1 - 3.4) QUESTIONS AND 
CORRECT ANSWERS EACH SUB MODULE 
CONTAINS 100 QUESTIONS AND ANSWERS 
LATEST 
CDFM MODULE 3.1 
What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that 
the expenditure of public funds is proper only when authorized by Congress, not 
that public funds may be expended unless prohibited by Congress. U.S. vs 
McCollum (1976) 
"Where can the most authoritative source of information on the proper use...
-
CDFM 3.1 Fiscal Law Exam Questions with Correct Answers
- Exam (elaborations) • 14 pages • 2024
- Available in package deal
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- $9.99
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CDFM 3.1 Fiscal Law Exam 
Questions with Correct 
Answers 
 
True or false? A working capital (Revolving) fund or part of that fund cannot violate the 
Anti Deficiency Act. - ANSWER FALSE 
Agencies are responsible for maintaining a system of accounting and internal controls to 
avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 
(Anti-Deficiency Act) 
The appropriation time line for Military Construction is _______ years. - ANSWER 
5 
The appropriation time line for Procurem...
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