Cdfm 3 1 fiscal law exam - Study guides, Class notes & Summaries

CDFM 3.1 Fiscal Law Exam Questions with Correct Answers True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. - ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. - ANSWER 5 The appropriation time line for ...

CDFM 3.1 Fiscal Law Exam Questions with Correct Answers True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. - ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. - ANSWER 5 The appropriation time line for Procurem...

CDFM Module 3 Exam Prep Questions & Answers 2023, Complete Solution, Over 350 Questions And Answers What are the three tests that must be met for use of the Necessary Expense doctrine? Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? The Defense Finance and Accounting Service (DFAS) (p. 3.1.51) What type of budgetary resources rem...

CDFM All Modules FISCAL LAW Exam Questions and Answers T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? - ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? - ANSWER 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? - ANSWER Article 1 Section 8 clause 1, Article 1 Section 9 clause ...

CDFM All Modules FISCAL LAW EXAM 2024 True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. ANS-FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. ANS-31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. ANS-5 The appropriation time line for Procurement (excluding Shipbuilding and Con...

CDFM All Modules FISCAL LAW EXAM 2024 True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. ANS-FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. ANS-31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. ANS-5 The appropriation time line for Procurement (excluding Shipbuilding and Con...

CDFM All Modules FISCAL LAW EXAM 2024 True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. ANS-FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. ANS-31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. ANS-5 The appropriation time line for Procurement (excluding Shipbuilding and Con...

CDFM 3.1 Fiscal Law Exam Questions with Correct Answers True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. - ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. - ANSWER 5 The appropriation ...

CDFM Exam Module 2-1 Complete Questions with verified answers What law identifies the CJCS as the senior ranking member of the armed forces? Goldwater Nichols DoD Reorganization Act of 1986 The military operational chain of command runs from the President to whom? President to SecDef to Commanders of Combatant Commands The Commanders of Combatant Commands are responsible to whom for accomplishing the assigned military mission? President & SecDef The CJCS is the principal milit...

CDFM MODULE 3.1 FISCAL LAW Exam |QUESTIONS AND ANSWERS |ALREADY PASSED |VERIFIED & UPDATED | 2024 FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS - ANSWER PURPOSE TIME AMOUNT IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY RENDERED BY - ANSWER DOD GENERAL COUNSEL, COURTS BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT - ANSWER APPROPRIATIONS, CONTRACT AUTHORITY, BORROWING AUTHORITY, MONETARY CREDITS, OFFSETTING COLLECTIONS AND RECEIPTS, LOAN AND LOAN ...