Cdfm all modules fiscal - Study guides, Class notes & Summaries

T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? - FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? - 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? - Article 1 Section 8 clause 1, Article 1 Section 9 clause 7

CDFM FISCAL LAW All Modules Q&A Verified 100% T/F? 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 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? - ANSWER Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 T/F...

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 Procurement (excluding Shipbuilding and Conversion, Navy) is ______...

CDFM All Modules FISCAL LAW Exam Review

T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 T/F? Article 2 section 8 empowers Congress to collect taxes and Se...

CDFM: Fiscal Law (all 3 modules) /Questions And Answers (A+)

Federal appropriations law can be categorized into which three topical areas? - ANSWER Purpose, Time, and Amount (PTA) In the DoD, final decisions 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? (6) - ANSWER 1. Appropriations 2. Contract Authority 3. Borrowing Authority 4. Monetary Credits 5. Offsetting Collections and Receipts 6. Loan and Loan Guarantee Au...