CDFM Latest Practice Question and Answers

CDFM Latest Practice Question and Answers How many branches of government did the Constitution establish? - Answer Three What was the predecessor to the Constitution? - Answer Articles of Confederation Where are all laws enacted? - Answer Congress In which article of the Constitution is the power to raise taxes found? - Answer One What occurs when Congress is not in session and the President does not sign a bill in 10 days? - Answer Pocket Veto What percentage of the Gross Domestic Product (GDP) of the US will the Federal Spending represent in FY 12? - Answer Twenty-three percent Approximately what percent of total Federal spending is discretionary spending? - Answer Thirty-six percent Which branch of government implements laws? - Answer Executive Branch Which branch of government is authorized to raise taxes and borrow money? - Answer Legislative Branch (Congress) What is the name of the committees that attempt to resolve difference between House and Senate versions of a bill? - Answer Conference Committee (the Third Chamber) Which agency issues directions for use by other agencies in submitting their budget? - Answer Office of Management and Budget (OMB) What type of legislation provides an agency with budget authority? - Answer Appropriation Acts provides budget authority What term is used to describe a subdivision of an apportionment? - Answer Allotment What agency issues apportionment? - Answer Office of Management and Budget (OMB) Which branch of government conducts hearings on the effectiveness of government programs? - Answer Legislative Branch (Congress)