Basic fiscal law 2024 - Study guides, Class notes & Summaries

CDFM Module 3 Exam Questions with Complete Solutions | New Update 2024 Federal appropriations law can be categorized into which three topical areas? - Answer ️️ - Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answer ️️ -DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - Answer ️️ - Appropriations Contract Authority Borrowing Authority...

WGU C239 Pre-Assessment Test Questions With 100% Correct Answers Latest Updated 2024/2025 (VERIFIED AND GUARANTEED SUCCESS) An individual has taxable income of $60,000. The first $20,000 is taxed at 20%, the next $20,000 is taxed at 20%, and all income above $40,000 is taxed at 20%.Which tax structure is being applied to the individual's taxable income? Base Regressive Progressive Proportional - ️️Proportional Which federal income tax structure imposes an increasing marginal tax rat...

Health Insurance Florida 2-40 Practice Exam Questions #2/Answered/A+ Rated/Complete Guide 2023/2024 Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a business owner becomes disabled. Expenses such as rent, utilities, telephone, equipment, employees' s...

AHIMA RHIT EXAM PREP QUESTIONS AND ANSWERS LATEST 2024/2025 GRADED A+. Abbreviated Injury Scale (AIS) - Answer-A set of numbers used in a trauma registry to indicate the nature and severity of injuries by body system Abbreviations - Answer-Shortened forms of words or phrases; in healthcare,when there is more than one meaning for an approved abbreviation, only one meaning should be used or the context in which the abbreviation is to be used should be identified ABC Codes - Answer-A terminolo...

CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024 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 Collecti...

CGFM Test 1 Questions With 100% Correct Answers Latest 2024 (Graded A+). Accountability - ANSWER-Principle that, in a democracy, government operates by the consent of the people. Therefore, it is responsible to, and must answer to, the people for its actions and results, including the taking and using of the people's resources Allotment - ANSWER-In the federal government, an agency's distribution of apportioned budgetary authority to various components within the agency. After the executiv...

CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024 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 Collecti...

CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024 CDFM MODULE 3.1 What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use...

Health Insurance Florida 2-40 Practice Exam Questions #2/Answered/A+ Rated/Complete Guide 2023/2024 Health Insurance Florida 2-40 Practice Exam Questions #2/Answered/A+ Rated/Complete Guide 2023/2024 Which of the following is NOT a form of medical insurance? -Business overhead expense -Surgical expense -Hospital expense -Long term care Business overhead expense (Explanation:Business Overhead Expense insurance is designed to reimburse a business for overhead expenses in the event a b...

"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 __...