Omb circular a 11 - Study guides, Class notes & Summaries

CDFM Module 1.2 Latest Update 2024!! OMB Circular A-76 - ANSWER Performance of Commercial Activities and Inherently governmental activities is found where? OMB Circular A-11 - ANSWER Reporting on Employment and Personnel Compensation is found in where? OMB Circular A-11 - ANSWER Where can the rules for calculating FTE employment be found? Force Structure - ANSWER What term is used to refer to the totality of units in a DOD component? Inherently governmental - ANSWER What types of ac...

What was the predecessor to the Constitution? Articles of Confederation Where are Federal-Level laws enacted? Congress What Article, Section and Clause empowers Congress to collect taxes Article 1, Section 8, Clause 1 What occurs when the President does not sign an enrolled bull within 10 days? Pocket Veto Which branch of government implements laws? Executive Approximately what percent of federal spending is discretionary? 30% How frequently does congress review the DoD budget reques...

Executive, Judicial, Legislative - ANSWER 3 branches of federal government OMB Circular A-11 - ANSWER Preparation and Submission of Budget Estimates Comes out every summer. Contains a section on reporting on employment and personnel compensation. Rules for calculating FTEs can be found here? Declaration of Independence, Articles of Confederation, Constitution ratified by 9 states, Constitution took effect - ANSWER Genesis of US Federal Legislative process can be traced to these events 1...

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 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...

Competency 1: Gov't Resource Management Environment - correct answer ... OMB Circular A-11 - correct answer Preparation & Submission of Budget Estimates OMB Circular A-76 - correct answer Performance of Commercial Activities OMB Circular A-123 - correct answer Management's Responsibility for Internal...

Who are determined to be accountable individuals for the DoD? - CORRECT ANSWER Certifying & Disbursing Officers & DAOs What are the two types of trust revolving funds? - CORRECT ANSWER Intragovernmental & Public Enterprises Is there a substantive difference between a trust fund and a special fund? - CORRECT ANSWER No What is an example of a trust fund? - CORRECT ANSWER Foreign Military Sales What are the four categories of appropriations? - CORRECT ANSWER Annual Multi-year No-Year Pe...

CDFM Module 1|Correct Answers with complete solutions *How many branches of Government did the Constitution establish? Three - Legislative Branch (Article I), Executive Branch (Article II), and Judicial Branch (Article III) *What was the predecessor to the Constitution? Articles of Confederation *Where are all Federal-level laws enacted? Congress *In which article of the Constitution is the power to raise taxes found? Article I *What occurs when Congress is not in sessio...

CDFM Module 1 Complete Questions and AnsConstitution Article 1 - ANSWER Legislative Branch -power of the purse -passes laws -raises taxes -borrow money -regulate commerce -conscript forces -declare war -raise monies Constitution Article II - ANSWER Executive Branch -execute/implement laws -authority to make decision regarding military resources Constitution Article III - ANSWER Judicial -supreme court and power courts -interprets law OMB Circular A-11 - ANSWER Preparation, S...

OMB Circular A-11 Preparation & Submission of Budget Estimates OMB Circular A-76 Performance of Commercial Activities OMB Circular A-123 Management's Responsibility for Internal Control OMB Circular A-136 Financial Reporting Requirements What was precursor to Constitution? Articles Of Confederation (1781)