FSD 101 Basic Fiscal Law Questions and Answers Rated A+

FSD 101 Basic Fiscal Law Questions and Answers Rated A+ Anti deficiency Act Principles state that you can receive services without paying for them as benefit to the government. False ________________ has the ability to appropriate funds to be spent by the federal government. Congress The ____________ Act prohibits against over obligated or overspending an appropriation. Antideficiency Fiscal Law is derived from: All of the above The three main elements that must be met before funds are obligated are: Purpose, Time, and Amount The Anti deficiency Act includes _________________ penalties for violation. Both A and B (Civil and Criminal) Under the "Separation of Powers" doctrine, ________________ has the final word on how much money can be spent by a given agency or program. Congress "The established rule is that the expenditure of public funds is proper only when authorized by Congress" describes ______________ Affirmative