CDFM MODULE 1 EXAM (2026–2027 LATEST
UPDATE) – REAL EXAM QUESTIONS WITH VERIFIED
ANSWERS, A+ GRADED STUDY MATERIAL
When a Conference Committee is convened dealing with an amendment,
what can the conferees do and not do?
Only deal with matters in disagreement; cannot insert new matter or
leave out matter agreed on
The final step after the Conference Committee Resolution after a
measure has been passed in identical form by both the House andSenate,
it is considered to be what?
"Enrolled" (then sent to the president)
What was declared unconstitutional in 1998 with respect to Presidential
Veto?
Line Item Veto
If the President Veto a Bill, it is returned to the house of original acting
first. If the Bill does not receive 2/3 vote, it is sustained and the bill fails
to become law. If it receives the required 2/3 vote, an endorsement to
the effect is made on the back of the bill and it is then transmitted, with
the accompany message, the to the second house for its action. What has
to happen for the Bill to become Law?
The next house has to pass it with a 2/3 vote to become law.
Who is responsible for the 3 phases of the Budget Cycle?
OMB
What are the 3 Phases of the Budget Cycle?
Budget Formulation, Congressional Action and Budget Execution
Who does the Federal budget belong to?
,The President
The Budget Formulation processed is governed by this?
OMB Circular A-11
OMB Circular A-11 sets out the promises of the president
Presidential Priorities
What are the six major steps in the budget formulation process laid out in
OMB Circular A-11?
1) OMB Issues guidance; 2) Organization develops draft; 3) Agency submit
budget estimates to OMB; 4) OMB hold hearings on Agency Budgets; 5)
President makes final decisions on Agency budgets; 6) President transmits
the budget to Congress.
What organization is responsible for helping the President with spending
policy, managing the executive budget, and providing advice an dangles
on a broad range of topics?
Additional OMB Duties
The President is responsible to transmit the budget of the US government
to congress NLT when?
1st Monday in February each year
Congress she process authorization legislation, which authorizes or allows
programs to exist. They also pass appropriations, which provide funding
for programs
Congressional Action Phase
The President signs the bills into law that provides legal budget authority
to incur obligations and make payments out of the Treasury for specified
purposes.
Appropriation
In the Congressional Action Phase, who holds hearing in January in
preperation for drafting the concurrent resolution of the budget?
,Budget Committees
Budget Committees this to their respective houses. The resolution sets
spending revenue and other budget targets for the upcoming fiscal year.
Concurrent Resolution - April of each year
This is the process of estimating the budgetary effects of pending
legislation and comparing them to a baseline such as a budget resolution
or to any limits that may be set in law.
Scorekeeping
What data does scorekeeping track?
budget authority, receipts, outlays, surplus or deficit, and the public debt
This resolution fixes new budget authority and outlay target and
establishes target for the Gross National Debt, revenues, and
surplus/deficit.
Budget Resolution
This resolution does not require the signature of the President. It is the
first step in the Congressional Budget Process.
Concurrent Budget Resolution
This Bill may not exceed the ceilings set in the CBR w/out a 60% majority
vote of the entire congress & CBO monitors for compliance.
Annual Appropriation Bill
Defense, Military Construction/Veterans Affairs & Energy and Water
Defense Relates Appropriations Acts
When a statutes language is not clear as written, the best place to go for
interpretation of the law is where?
Legislative History
Who will provide DoDs position on appeal items?
, SECDEF
Amends the budgets submission prior to completion of a congressional
act....they have been submitted but not yet processed by congress
Budget Amendments
Normally transmitted to Congress as requests to provide funds in addition
to amounts already appropriated for the ongoing fiscal year.
Supplmental Requests
What provides budget authority for specific ongoing activities for a
specific period of time?
Continuing Resolution (CR)
Budget authority and the availability of budgetary resources for
obligation and expenditure are limited by the following elements.
Time, Purpose & Amount
The period of time of that the budget resources may incur new
obligations is different from the period of time during which budgetary
resources may be used to insure expenditures.
Time
This is distributed by OMB as part of the apportionment process.
Budget Authority
This process begins with the President's signature on the appropriations
bill.
Budget Execution Process
What is the Form that OSD has to send to OMB to request apportionment
within 10 days of the Presenting signing the appropriations bill?
SF-132
What does the apportionment provide to the Federal agencies?
UPDATE) – REAL EXAM QUESTIONS WITH VERIFIED
ANSWERS, A+ GRADED STUDY MATERIAL
When a Conference Committee is convened dealing with an amendment,
what can the conferees do and not do?
Only deal with matters in disagreement; cannot insert new matter or
leave out matter agreed on
The final step after the Conference Committee Resolution after a
measure has been passed in identical form by both the House andSenate,
it is considered to be what?
"Enrolled" (then sent to the president)
What was declared unconstitutional in 1998 with respect to Presidential
Veto?
Line Item Veto
If the President Veto a Bill, it is returned to the house of original acting
first. If the Bill does not receive 2/3 vote, it is sustained and the bill fails
to become law. If it receives the required 2/3 vote, an endorsement to
the effect is made on the back of the bill and it is then transmitted, with
the accompany message, the to the second house for its action. What has
to happen for the Bill to become Law?
The next house has to pass it with a 2/3 vote to become law.
Who is responsible for the 3 phases of the Budget Cycle?
OMB
What are the 3 Phases of the Budget Cycle?
Budget Formulation, Congressional Action and Budget Execution
Who does the Federal budget belong to?
,The President
The Budget Formulation processed is governed by this?
OMB Circular A-11
OMB Circular A-11 sets out the promises of the president
Presidential Priorities
What are the six major steps in the budget formulation process laid out in
OMB Circular A-11?
1) OMB Issues guidance; 2) Organization develops draft; 3) Agency submit
budget estimates to OMB; 4) OMB hold hearings on Agency Budgets; 5)
President makes final decisions on Agency budgets; 6) President transmits
the budget to Congress.
What organization is responsible for helping the President with spending
policy, managing the executive budget, and providing advice an dangles
on a broad range of topics?
Additional OMB Duties
The President is responsible to transmit the budget of the US government
to congress NLT when?
1st Monday in February each year
Congress she process authorization legislation, which authorizes or allows
programs to exist. They also pass appropriations, which provide funding
for programs
Congressional Action Phase
The President signs the bills into law that provides legal budget authority
to incur obligations and make payments out of the Treasury for specified
purposes.
Appropriation
In the Congressional Action Phase, who holds hearing in January in
preperation for drafting the concurrent resolution of the budget?
,Budget Committees
Budget Committees this to their respective houses. The resolution sets
spending revenue and other budget targets for the upcoming fiscal year.
Concurrent Resolution - April of each year
This is the process of estimating the budgetary effects of pending
legislation and comparing them to a baseline such as a budget resolution
or to any limits that may be set in law.
Scorekeeping
What data does scorekeeping track?
budget authority, receipts, outlays, surplus or deficit, and the public debt
This resolution fixes new budget authority and outlay target and
establishes target for the Gross National Debt, revenues, and
surplus/deficit.
Budget Resolution
This resolution does not require the signature of the President. It is the
first step in the Congressional Budget Process.
Concurrent Budget Resolution
This Bill may not exceed the ceilings set in the CBR w/out a 60% majority
vote of the entire congress & CBO monitors for compliance.
Annual Appropriation Bill
Defense, Military Construction/Veterans Affairs & Energy and Water
Defense Relates Appropriations Acts
When a statutes language is not clear as written, the best place to go for
interpretation of the law is where?
Legislative History
Who will provide DoDs position on appeal items?
, SECDEF
Amends the budgets submission prior to completion of a congressional
act....they have been submitted but not yet processed by congress
Budget Amendments
Normally transmitted to Congress as requests to provide funds in addition
to amounts already appropriated for the ongoing fiscal year.
Supplmental Requests
What provides budget authority for specific ongoing activities for a
specific period of time?
Continuing Resolution (CR)
Budget authority and the availability of budgetary resources for
obligation and expenditure are limited by the following elements.
Time, Purpose & Amount
The period of time of that the budget resources may incur new
obligations is different from the period of time during which budgetary
resources may be used to insure expenditures.
Time
This is distributed by OMB as part of the apportionment process.
Budget Authority
This process begins with the President's signature on the appropriations
bill.
Budget Execution Process
What is the Form that OSD has to send to OMB to request apportionment
within 10 days of the Presenting signing the appropriations bill?
SF-132
What does the apportionment provide to the Federal agencies?
