CDFM MODULE 1+ TEST WITH
QUESTIONS AND 100% CORRECT
ANSWERS[FOR A+ GRADES]
Genesis of US federal process can be traced to these events -
ANSWER>>>>>Declaration of independence, Articles of Confederation,
Constitution ratified by 9 states, constitution took effect.
What did amendment to articles of confederation require? -
ANSWER>>>>>Unanimous approval of all the states
Essential principle of constitution? - ANSWER>>>>>Everything you do
must be legal in purpose, time and amount.
What are the first 10 amendments to the consitution called? -
ANSWER>>>>>Bill of rights
What does Article 1, Section 8 of the Constitution state? -
ANSWER>>>>>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? - ANSWER>>>>>We the people,
through elections.
What constitutional amendment is known as states rights? -
ANSWER>>>>>Amendment 10
First required president to submit annual budget proposal to congress
AND established OMB/GAO? - ANSWER>>>>>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? - ANSWER>>>>>1974 Congressional Budget and Impoundment
Control Act
, What prohibts the president from witholding funds without sufficient
reason? - ANSWER>>>>>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? -
ANSWER>>>>>Concurrent resolution
(1) Established deficit reduction goals aimed at a balanced budget in FY
1991 - ANSWER>>>>>1985 Balanced Budget and Emergency Deficit
Control Act
What act divided spending into mandatory and discretionary; also
established pay as you go entitlement? - ANSWER>>>>>1990 Budget
Enforcement Act
(1) Changed way budgets are to be justified and managed
(2) focused budget process on planning
(3) required agencies to submit strategic plans by September 30
(4) required annual performance plans - ANSWER>>>>>1993 Government
Performance and Results Act
Annual performance plan requires OMB to establish federal priority goals
and agencies to establish priority goals. - ANSWER>>>>>2010 GPRA
Modernization Act
(1) Put in place 3 phased process to increase debt ceiling
(2) Mandated a vote on constitutional Balanced Budget amendment -
ANSWER>>>>>2011 Budget Control Act
Used for matters affecting the operations of EITHER! the house and the
senate, does not go to president for signature? - ANSWER>>>>>Simple
resolution
What are the three phases of the budget cycle? - ANSWER>>>>>Budget
formulation, Congressional action, Budget Execution
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