31 usc 13 and 15 - Study guides, Class notes & Summaries

CDFM All Modules FISCAL LAW T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 T/F? Article 2 section 8 empowers Congress ...

CDFM - Module 3 questions and answers latest top score. What are the three tests that must be met for use of the Necessary Expense doctrine? - correct answer. 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? - correct answer. The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) What type of budge...

CDFM Module 3.1 Fiscal Law Basic Axiom of Fiscal Law (the premise of fiscal law) The established rule: Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. Common Law Which law: There is no law that says you can't do it. Fiscal Law Which Law: You can only do what the law authorized you to do. Constitutional Authority: Article 1, section 7,8,9 Provisions of the U.S Constitution that provid...

CDFM 3.1 Fiscal Law EXAM 2023 ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+ 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 Cons...

CDFM Module 3.1 Fiscal Law questions and answers 100% verified. Basic Axiom of Fiscal Law (the premise of fiscal law) - correct answer. The established rule: Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. Common Law - correct answer. Which law: There is no law that says you can't do it. Fiscal Law - correct answer. Which Law: You can only do what the law authorized ...

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...

CDFM - Module 3 Questions & Answers | 350 Questions with 100% Correct Answers | Verified 2023 | 43 Pages What are the three tests that must be met for use of the Necessary Expense doctrine? - Answer ️️ -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? - Answer ️️ -The Defense Finance and Accounting Service (*DFAS*) (p. 3.1....

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 All Modules FISCAL LAW EXAM QUESTIONS WITH CORRECT 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 ...

CDFM - Module 3 questions and answers graded A+. What are the three tests that must be met for use of the Necessary Expense doctrine? - ANS. 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? - ANS. The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) What type of budgetary resources rema...