Cdfm fiscal law Study guides, Class notes & Summaries

CDFM EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024 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 of appropriated funds be...

CDFM Fiscal Law Accurate 100% Purpose, Time, and Amount (PTA) - ANSWER *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel - ANSWER *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority - ANSWER *What are the basic types of budget authority used ...

CDFM Fiscal Law Purpose, Time, and Amount (PTA) *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority *What are the basic types of budget authority used in the Federal Government? Th...

3 Groups that can be Indebted to the Government - Current military or civilian Former military or civilian Vendor 3.2.38 3 Types of Collections - Receipts - collections creditable to the Treasury Department Miscellaneous Receipt account as authorized by legislation (i.e. recycling) Reimbursements - amounts earned and collected for property sold or services furnished to the public or to another US Government agency. Reimbursement are shown as a positive amount on the DD Form 1...

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...

CDFM Fiscal Law Verified Questions And Answers 2023 Latest Updates CDFM Fiscal Law Verified Questions And Answers 2023 Latest Updates CDFM Fiscal Law Verified Questions And Answers 2023 Latest Updates

CDFM Fiscal Law 51 Questions Answered (Latest Update 2023)

CDFM Fiscal Law Purpose, Time, and Amount (PTA) *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority *What are the basic types of budget authority used in the Federal Government? Th...

Purpose, Time, and Amount (PTA) - Answer- *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel - Answer- *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority - Answer- *What are the basic types of budget authority used in the Federal Government? ...

Purpose, Time, and Amount (PTA) - ANSWER *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel - ANSWER *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority - ANSWER *What are the basic types of budget authority used in the Federal Government? T...