CDFM Module 1|Correct Answers with complete solutions
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CDFM - Certified Defense Financial Manager
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CDFM - Certified Defense Financial Manager
CDFM Module 1|Correct Answers with complete solutions
Genesis of US federal process can be traced to these events
Declaration of independence, Articles of Confederation, Constitution ratified by 9 states, constitution took effect.
What did amendment to articles of confederation require?
Una...
CDFM Module 1|Correct Answers with
complete solutions
Genesis of US federal process can be traced to these events
Declaration of independence, Articles of Confederation, Constitution ratified by 9 states, constitution
took effect.
What did amendment to articles of confederation require?
Unanimous approval of all the states
Essential principle of constitution?
Everything you do must be legal in purpose, time and amount.
What are the first 10 amendments to the consitution called?
Bill of rights
What does Article 1, Section 8 of the Constitution state?
Congress shall have the authority to make all laws which shall be necessary and proper for carrying
into execution.
What does the preamble to the constitution of the US begin with and how do we exercise its
sentiment?
We the people, through elections.
What constitutional amendment is known as states rights?
Amendment 10
First required president to submit annual budget proposal to congress AND established OMB/GAO?
1921 Budget and Accounting Act
What act shifted congress to focus on overall budgt totals, created new budget committees in each
house and shifted the fiscal year from July to October?
1974 Congressional Budget and Impoundment Control Act
What prohibts the president from witholding funds without sufficient reason?
Impoundment Control Act of 1974
Used for matters affecting the operations of BOTH! the house and the senate, does not go to
president for signature?
Concurrent resolution
(1) Established deficit reduction goals aimed at a balanced budget in FY 1991
1985 Balanced Budget and Emergency Deficit Control Act
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