Cdfm 11 exam - Study guides, Class notes & Summaries

setcompetency 1: gov't resource management environment cdfm exam 1 study OMB Circular A-11 - ANSWER-Preparation & Submission of Budget Estimates OMB Circular A-76 - ANSWER-Performance of Commercial Activities OMB Circular A-123 - ANSWER-Management's Responsibility for Internal Control OMB Circular A-136 - ANSWER-Financial Reporting Requirements What was precursor to Constitution? - ANSWER-Articles Of Confederation (1781)

CDFM – MODULE 3 EXAM / 350+ QUESTIONS AND VERIFIEDANSWERS 2024/2025 / ALL CORRECT GRADED A+. 2023 1. 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) 2. 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) 3. What type of budgetary resources r...

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 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...

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 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...

Competency 1: Gov't Resource Management Environment - ANSWER ... OMB Circular A-11 - ANSWER Preparation & Submission of Budget Estimates OMB Circular A-76 - ANSWER Performance of Commercial Activities OMB Circular A-123 - ANSWER Management's Responsibility for Internal Control OMB Circular A-136 - ANSWER Financial Reporting Requirements What was precursor to Constitution? - ANSWER Articles Of Confederation (1781) What was required to amend the Art. Of Confed? - ANSWER Unanimo...

CDFM MODULE 1 2023 Exam Questions with Complete Solutions What prevents Congress and the President from unilaterally making laws and treaties? - ANSWER Separation of Power What give Congress the authority to make laws? - ANSWER Article 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? - ANSWER Supreme Court Who has the power to raise taxes given in Article 1 of the Constitution? - ANSWER Congress (Legislative Branch) What does the ...

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 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...

CDFM – MODULE 1 EXAM / 50+ QUESTIONS AND VERIFIED ANSWERS 2023/2024 / ALL CORRECT GRADED A+. CDFM Module 1 1. 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. 2. What did amendment to articles of confederation require?: Unanimous approval of all the states 3. Essential principle of constitution?: Everything you do must be legal in purpose, time and amount. 4...

CDFM 1.1 Exam

CDFM MODULE 1 EXAM REAL EXAM 250 QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS) What prevents Congress and the President from unilaterally making laws and treaties? Separation of Power What give Congress the authority to make laws? Article 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? Supreme Court Who has the power to raise taxes given in Article 1 of the Constitution? Congress (Legislative Branch) What does the Congress of th...