Fiscal law final exam - Study guides, Class notes & Summaries

Fiscal Law Final Exam, Answered-It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixed- price contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUESTION 3 1. Ho...

Fiscal Law Final Exam answered- spring 2022.

QUE ST ION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False 4 points QUE ST ION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. 4 points QUE ST ION 3 1. How long does the Depar...

FISCAL LAW FINAL EXAM ANSWERED SPRING 2023 LATEST A+ GRADED. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements....

FISCAL LAW FINAL EXAM ANSWERED SPRING 2023 LATEST A+ GRADED. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements....

Fiscal Law Final Exam answered- spring 2022. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixed- price contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUE...

FISCAL LAW FINAL EXAM, ANSWERED

Fiscal Law Final Exam answered- spring 2022. / Fiscal Law Final Exam answered- spring 2022./ Fiscal Law Final Exam answered- spring 2022.

"The established rule is that the expenditure of public funds is proper only when authorized by Congress," describes _____ - Answer Affirmative Authority ______ has the ability to appropriate funds to be spent by the federal government. - Answer Congress The three main elements that must be met before funds are obligated are - Answer Purpose Time Amount To apply reasonably discretion and flexibility, the Government Accountability Office (GAO) developed the concept known as the...

Fiscal Law Final Exam NEWEST ACTUAL TEST 100 QUESTIONS AND CORRECT DETAILED ANSWERS