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CDFM MODULE 1 EXAM QUESTIONS AND CORRECT ANSWERS

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is used to describe a subdivision of an apportionment? - - answer-allotment What agency issues apportionment's? - -answer-office of management of budget omb Which branch of government conducts hearings on the effectiveness of government programs? - -answer-legislative congress In the federal budget process, which organizations actually prepare budget estimates? - -answer-federal agencies What is the largest single source of federal tax revenue? - -answerindividual income tax 43 percent What are the requests for funds in addition to amounts already appropriated called? - -answer-supplemental What financial control document is issued by the treasury department following signature of the appropriation act? - -answer-appropriation warrant What term describes postponement in the use of appropriated funds? - - answer-deferral What term describes a cancellation of appropriated funds? - -answerrecession After the dod appropriations bill is signed into law, what does the dod request from omb

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CDFM MODULE 1 EXAM 2023-2024 250 QUESTIONS
AND CORRECT ANSWERS
Which agency issues directions for use by other agencies in submitting
their budget estimates? - -answer-office of management and budget omb

What type of legislation provides an agency with budget authority? - -
answer-appropriation acts provide budget authority

What term is used to describe a subdivision of an apportionment? - -
answer-allotment

What agency issues apportionment's? - -answer-office of management of
budget omb

Which branch of government conducts hearings on the effectiveness of
government programs? - -answer-legislative congress

In the federal budget process, which organizations actually prepare
budget estimates? - -answer-federal agencies

What is the largest single source of federal tax revenue? - -answer-
individual income tax 43 percent

What are the requests for funds in addition to amounts already
appropriated called? - -answer-supplemental

What financial control document is issued by the treasury department
following signature of the appropriation act? - -answer-appropriation
warrant

What term describes postponement in the use of appropriated funds? - -
answer-deferral

What term describes a cancellation of appropriated funds? - -answer-
recession

,After the dod appropriations bill is signed into law, what does the dod
request from omb? - -answer-apportionment

An administrative reservation of funds is known as what? - -answer-
commitment

What gives a federal agency the legal authority to operate a program? - -
answer-authorization legislation

Article 1 section 8 clause 1 of the us constitution empowers which element
of the federal government to collect taxes? - -answer-legislative branch

Prevents congress and the president from unilaterally making laws and
treaties. - -answer-separation of powers

Composed of members chosen every second year by the people of several
states - -answer-house of representatives

Composed of two members from each state for six years having one vote
- -answer-senate

All bills for raising revenue shall originate where? - -answer-house of
representatives

Power to lay and collect taxes - -answer-congress

Power to constitute tribunals inferior to supreme court - -answer-
congress

Congress can raise and support armies but no appropriation of money to
that use shall be longer than? - -answer-two years

No money shall be drawn from the treasury but in consequence of - -
answer-appropriation

From time to time what shall be published regarding public money - -
answer-statement of account and receipts

,What prevents congress and the president from unilaterally making laws
and treaties? - -answer-separation of power

What give congress the authority to make laws? - -answer-article 1,
section 8 of the constitution

Who reviews the constitution for interpretation of the constitution? - -
answer-supreme court

Who has the power to raise taxes given in article 1 of the constitution? - -
answer-congress (legislative branch)

What does the congress of the us consist of? - -answer-senate (6 yrs);
house (2 yrs)

All bills for raising revenue shall originate where? But the senate may
propose or concur with amendments as on other bills. - -answer-house of
representative

To be able to override a presidential veto, the house has to have a majority
to pass the bill; and if approved, then goes to the senate for a vote to pass
the bill. If approved, the bill becomes law. What is the percentage the vote
has to pass by in both the house & senate? - -answer-2/3 and 2/3

If any bill shall not be returned by the president after it has been
presented to him, the same shall be a law. How many days? - -answer-10
days

Who has the power to lay and collect taxes, duties, imposts and excises to
pay the debts and provide for the common defense and general welfare of
the united states. - -answer-congress

Article 1, section 8 of the constitution allows for what? - -answer-1)
borrow money on credit 2) regulate commerce; 3) coin money; 4)
constitute tribunals; 5) declare war; 6) raise and support armies; 7)
provide and maintain navy; 8) make rules for government regulation of
land and naval forces; 9) provide for calling forth militia; 10) to make all
laws

, No money shall be drawn from the treasury, but in the consequence of
appropriations made by law. - -answer-article 1, section 9

Once the money officially and legally gets into the treasury, to be able to
use the money, what does congress have to do? - -answer-write a law

Gives executive power to the president to be the commander in chief and
to execute the laws - -answer-article 2 executive branch

The president has the power to nominate and with the advice and consent
of the senate, shall appoint these officials. Name 2? - -answer-
ambassadors & supreme court judges

How often does the president give to congress the state of the union
(jan/feb) time frame. - -answer-once year

Who and what branch is responsibly for faithfully executing the laws
enacted by congress (legislative branch)? - -answer-president (executive
branch)

The supreme court does not deal in the matter of what? - -answer-state
laws

A new congress convenes for two years following the november general
elections, it consists of how many sessions, and each in what duration? - -
answer-2 sessions; 1 year duration

This may originate either in the house of representatives or in the senate.
There is little practice difference between a bill and a " ", once agree, it
goes to the president for signature. - -answer-joint resolution

Matters affecting the operation of the house & senate and both chambers
agree, does not go to the president for signature. - -answer-concurrent
resolution

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