Fiscal law exam versi - Study guides, Class notes & Summaries
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CLG 001_ Fiscal Law Exam version 2_ updated and answered.
- Exam (elaborations) • 21 pages • 2023
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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...
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CLG 001_ Fiscal Law Exam version 2_ updated and answered.
- Exam (elaborations) • 13 pages • 2024
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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...
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CLG 001_ Fiscal Law Exam version 2| Questions and Answers Graded A+| Latest 2022/2023
- Exam (elaborations) • 13 pages • 2023
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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 ...
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CLG 001_ Fiscal Law Exam version 2_ updated With Correct Answers
- Exam (elaborations) • 1 pages • 2024
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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...
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CLG 001_ Fiscal Law Exam version 2| Questions and Answers Graded A+| Latest 2022/2023
- Exam (elaborations) • 13 pages • 2023
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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 ..
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CLG 001_ Fiscal Law Exam version 2_ updated and answered
- Exam (elaborations) • 13 pages • 2022
-
Available in package deal
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- $13.99
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CLG 001_ Fiscal Law Exam version 2_ updated and answered
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CLG 001_ Fiscal Law Exam version 2| Questions and Answers Graded A+| Latest 2022/2023
- Exam (elaborations) • 13 pages • 2023
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- $11.26
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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 ...
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CLG 001_ Fiscal Law Exam version 2| Questions and Answers Graded A+| Latest 2022/2023
- Exam (elaborations) • 13 pages • 2023
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- $11.03
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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 ...
-
CLG 001_ Fiscal Law Exam version 2_ updated and answered.
- Exam (elaborations) • 21 pages • 2023
-
- $10.00
- + learn more
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...
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CLG 001_ Fiscal Law Exam version 2 ,,complete solution latest 2022
- Exam (elaborations) • 13 pages • 2022
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- $10.99
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CLG 001_ Fiscal Law Exam version 2 ,,complete solution latest 2022
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