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

CDFM Module 3 Exam Questions with All Correct Answers Federal appropriations law can be categorized into which three topical areas? - ANSWER Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - ANSWER DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - ANSWER Appropriations Contract Authority Borrowing Authority Mone...

CDFM Module 3 Fiscal Law 2023 Questions with Correct Answers 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 tellin...

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 of appropriated...

CDFM Module 3 Fiscal Law 2023 Exam Questions and Answers 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 hi...

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 of appropriated funds be found? Who is it published by?" - ANSWER- Principles of Federal Appropriations better known as the Red Book-- published by the GA...

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 Module 3 EXAM Q&A PASSED Federal appropriations law can be categorized into which three topical areas? - ANSWER Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - ANSWER DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - ANSWER Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Collections and Receipts Loan and...