Cdfm module 3 - Study guides, Class notes & Summaries

CDFM Module 3 Questions and Answers Already Passed Federal appropriations law can be categorized into which three topical areas? Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Collections and Receipts Loan and Loan Guarantee Au...

CDFM Module 3.1 Fiscal Law 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 provid...

CDFM Module 3 Exam Questions and Answers Already Passed Latest Update 2025 Federal appropriations law can be categorized into which three topical areas? - Answers Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answers DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - Answers Appropriations Contract Authority Borrowing Authority Monetary Credits ...

CDFM Module 3 Exam Questions Fully Solved Latest Update 2025 41 USC 6301 Public Contracts (Contracting Under Feed and Forage Act) - Answers We can obligate against contract authority for clothing, fuel and quarters, but not construction. 3.1.3 Basic Axiom of Fiscal Law - Answers Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress 3.1.7 What gives fiscal authority? - Answers Constitution Authorization Ac...

CDFM Module 3 Exam LATEST 400 QUESTIONS AND ANSWERS

CDFM Module 3.1 Fiscal Law questions and answers 100% verified. CDFM Module 3.1 Fiscal Law questions and answers 100% verified. CDFM Module 3.1 Fiscal Law questions and answers 100% verified. CDFM Module 3.1 Fiscal Law questions and answers 100% verified. CDFM Module 3.1 Fiscal Law questions and answers 100% verified. CDFM Module 3.1 Fiscal Law questions and answers 100% verified. CDFM Module 3.1 Fiscal Law questions and answers 100% verified.

CDFM Module 1: Resource ManagemeEnterprise Risk Management (ERM) - ANSWER -agency wide approach to addressing interrelated risk & how to more effectively prioritize & manage risk OMB Circular 136 Financial Reporting Requirements - ANSWER -Requires each agency to develop a risk profile & suggest putting in place an oversight counsel Internal Controls - ANSWER -is a process effected by an entity's oversight body, management, and other personnel that provides reasonable assurance that the ob...

CDFM MODULE 3 EXAM REAL EXAM 210 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)CDFM MODULE 3 EXAM REAL EXAM 210 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)CDFM MODULE 3 EXAM REAL EXAM 210 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)CDFM MODULE 3 EXAM REAL EXAM 210 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)CDFM MODULE 3 EXAM REAL EXAM 210 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)CDFM MODULE 3 EXAM REAL EXAM 210 QUESTIONS AND CORRECT ANSWERS(DETAILE...

____ is no longer available for adjustments or payments. Any adjustments will be charged to current same appropriation (1% max). - Cancelled ____ is the probable or potentially adverse effects from inadequate management controls that may result in the loss of Government resources or cause an agency to fail to accomplish significant mission objectives through fraud, error, or mismanagement. - Risk _____ is the shift from one purpose or activity to another within differen...

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 telling him: - Answer Absent any local or service-level policies t...