Gcpc - Study guides, Class notes & Summaries
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CLG 001_ Fiscal Law Exam version 2_ updated and answered.
- Exam (elaborations) • 12 pages • 2022
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QUESTION 1 
1. Which of the following is a correct statement of Fiscal Law Philosophy: 
If the law is silent as to whether a purchase can be made, it is 
probably safe to spend appropriated funds. 
Expenditure of appropriated funds is proper only when authorized 
by Congress. 
If the commander says buy it, don’t worry about Fiscal Law 
Regulations. 
Absent a specific prohibition, expending appropriated funds is 
permitted. 
20 points 
QUESTION 2 
1. It is July 2010. The contracting officer at ...
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CDFM Module 3 Fiscal Law-Exam Questions with correct Answers
- Exam (elaborations) • 7 pages • 2022
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You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on two pieces of equipment that he personally would like to see purchased for use in the common break area of the legal office. He wants to use appropriated funds to buy a refrigerator and a microwave. His rationale is that employees (both military and civilian) need a place to store and prepare food they bring in from home. You respond by telling him: - ANSWER Absent any local or service-level policies to ...
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CDFM Module 3 Fiscal Law Exam Questions and Answers Graded A
- Exam (elaborations) • 7 pages • 2022
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You work at the Orange Sands Missile Range (OSMR) Legal Office. The SJA wants your advice on two pieces of equipment that he personally would like to see purchased for use in the common break area of the legal office. He wants to use appropriated funds to buy a refrigerator and a microwave. His rationale is that employees (both military and civilian) need a place to store and prepare food they bring in from home. You respond by telling him: - ANSWER Absent any local or service-level policies to ...
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Fiscal law exam Take Test: Final Certification Exam
- Exam (elaborations) • 9 pages • 2022
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Take Test: Final Certification Exam 
Test Information 
Description The FINAL RULES for this exam are: 
1. A score of (80%) is passing for this exam. 
2. The exam must be completed in ONE SITTING. An exam CANNOT be 
saved and resumed later. 
3. Log into Blackboard IMMEDIATELY PRIOR to starting the exam. This 
prevents your exam from TIMING OUT. AKO's timeout policy is currently 90 
minutes from the time you log into the Blackboard system. If you were already 
logged in to Blackboard...
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Exam (elaborations) CLG 001 (CLG001) Fiscal Law Questions And Answers Updated 2022
- Exam (elaborations) • 12 pages • 2022
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QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason i...
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Fiscal law Final Exam Questions and Answers 100% correct
- Exam (elaborations) • 9 pages • 2022
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QUE ST ION 1 
1. It is appropriate for the Army to acquire lawn cutting services through 
the Project Order Statute. 
True 
False 
4 points 
QUE ST ION 2 
1. The proper amount of money to obligate at the award of a firm fixedprice contract is: 
The full amount of the contract. 
Nothing until the contractor performs the required work. 
Half of the total liability. 
A conservative amount based on the government’s estimated 
future requirements. 
4 points 
QUE ST ION 3 
1. How long does the Depar...
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2018 COMPTROLLER FISCAL LAW Q&A
- Exam (elaborations) • 5 pages • 2022
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2018 COMPTROLLER FISCAL LAW QUESTIONS AND ANSWERS 
Accountable officers can be held pecuniarily liable: Both 1 & 2 (1. For three additional years after a loss due to fraud….. discover. ;2. for improper payment discovered within three years after the accounts are substantially complete.) 
Mr. Sanders is a Government Commercial Purchase Card (GCPC) holder at Fort Coop. His boss, COL Perdue, is the G-4 (Logistics Officer). One of her collateral duties as the G-4 includes serving as the certifying...
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2018 COMPTROLLER FISCAL LAW Q&A
- Exam (elaborations) • 5 pages • 2022
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2018 COMPTROLLER FISCAL LAW QUESTIONS AND ANSWERS 
Accountable officers can be held pecuniarily liable: Both 1 & 2 (1. For three additional years after a loss due to fraud….. discover. ;2. for improper payment discovered within three years after the accounts are substantially complete.) 
Mr. Sanders is a Government Commercial Purchase Card (GCPC) holder at Fort Coop. His boss, COL Perdue, is the G-4 (Logistics Officer). One of her collateral duties as the G-4 includes serving as the certifying...
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COMPTROLLER FISCAL LAW 2018 Q&A
- Exam (elaborations) • 5 pages • 2022
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- $11.49
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2018 COMPTROLLER FISCAL LAW QUESTIONS AND ANSWERS 
Accountable officers can be held pecuniarily liable: Both 1 & 2 (1. For three additional years after a loss due to fraud….. discover. ;2. for improper payment discovered within three years after the accounts are substantially complete.) 
Mr. Sanders is a Government Commercial Purchase Card (GCPC) holder at Fort Coop. His boss, COL Perdue, is the G-4 (Logistics Officer). One of her collateral duties as the G-4 includes serving as the certifying...
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Fiscal Law Final Exam answered- spring 2022.
- Exam (elaborations) • 9 pages • 2022
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Fiscal Law Final Exam answered- spring 2022.QUE ST ION 1 
1. It is appropriate for the Army to acquire lawn cutting services through 
the Project Order Statute. 
True 
False 
4 points 
QUE ST ION 2 
1. The proper amount of money to obligate at the award of a firm fixedprice contract is: 
The full amount of the contract. 
Nothing until the contractor performs the required work. 
Half of the total liability. 
A conservative amount based on the government’s estimated 
future requirements. 
4 poin...
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