Basic axiom of fiscal law - Study guides, Class notes & Summaries
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CDFM Fiscal Law
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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...
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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 • 2023
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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...
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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 • 2023
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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...
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CDFM Module 3.1 Proctored Exam With Actual Questions And Verified Guaranteed Answers|2024.
- Exam (elaborations) • 21 pages • 2024
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What is the basic axiom of Fiscal Law? - correct 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 found? Who is it published by?" - correct answer ...
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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) • 57 pages • 2024
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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 of 
appropriated funds be found? Who is it published by?" - ANSWER- Principles of 
Federal Appropriations better known as the Red Book-- published by the GA...
And that's how you make extra money
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CDFM Module 3.1 Fiscal Law exam 2023 with 100% correct answers
- Exam (elaborations) • 11 pages • 2023
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Basic Axiom of Fiscal Law (the premise of fiscal law) 
The established rule: Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. 
 
 
 
Common Law 
Which law: There is no law that says you can't do it. 
 
 
 
Fiscal Law 
Which Law: You can only do what the law authorized you to do. 
 
 
 
Constitutional Authority: Article 1, section 7,8,9 
Provisions of the U.S Constitution that provide the underpinning for...
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CDFM - Module 3 questions and answers latest top score.
- Exam (elaborations) • 33 pages • 2024
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CDFM - Module 3 questions and answers latest top score. 
 
 
 
 
 
 
 
 
 
What are the three tests that must be met for use of the Necessary Expense doctrine? - correct answer. Must bear a logical relationship 
Not prohibited by law 
Not funded elsewhere 
(p 3.1.17) 
 
Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? - correct answer. The Defense Finance and Accounting Service (*DFAS*) 
(p. 3.1.51) 
 
What type of budge...
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CDFM - Module 3 Actual Exam With Complete Questions And Accurate Answers Graded A+|2024.
- Exam (elaborations) • 45 pages • 2024
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What are the three tests that must be met for use of the Necessary Expense doctrine? - correct answer Must bear a logical relationship 
Not prohibited by law 
Not funded elsewhere 
(p 3.1.17) 
 
Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? - correct answer The Defense Finance and Accounting Service (*DFAS*) 
(p. 3.1.51) 
 
What ty...
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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 • 2023
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- $12.99
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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 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERSLATEST 2023-2024
- Exam (elaborations) • 61 pages • 2024
-
- $14.49
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s to the President and Congress and 
In cases where violations of fiscal law statutes occur, agencies must do what? - 
CDFM EXAM (4 DIFFERENT SUB MODULE 
3.1 - 3.4) QUESTIONS AND CORRECT 
ANSWERS EACH SUB MODULE CONTAINS 
100 QUESTIONS AND ANSWERSLATEST 
 
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....
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