CDFM MODULE 1
EXAM LATEST VERSION
REAL EXAM 250
QUESTIONS AND
CORRECT DETAI LED
ANSWERS 2024
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,The President is responsible to transmit the
budget of the US government to congress NLT
when? - CORRECT ANSWER-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 - CORRECT ANSWER-
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. - CORRECT
ANSWER-Appropriation
In the Congressional Action Phase, who
holds hearing in January in preperation for
drafting the concurrent resolution of the
budget? - CORRECT ANSWER-Budget
Committees
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,Budget Committees this to their respective
houses. The resolution sets spending revenue
and other budget targets for the upcoming
fiscal year. - CORRECT ANSWER- 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. - CORRECT ANSWER-Scorekeeping
What data does scorekeeping track? -
CORRECT ANSWER- budget authority,
receipts, outlays, surplus or deficit, and the
public debt
No money shall be drawn from the Treasury,
but in the Consequence of Appropriations
made by law. - CORRECT ANSWER-Article 1,
Section 9
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, What give Congress the authority to make
laws? - CORRECT ANSWER-Article 1, Section 8
of the Constitution
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()
EXAM LATEST VERSION
REAL EXAM 250
QUESTIONS AND
CORRECT DETAI LED
ANSWERS 2024
Ask for various Exams or Study materials from
()
,The President is responsible to transmit the
budget of the US government to congress NLT
when? - CORRECT ANSWER-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 - CORRECT ANSWER-
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. - CORRECT
ANSWER-Appropriation
In the Congressional Action Phase, who
holds hearing in January in preperation for
drafting the concurrent resolution of the
budget? - CORRECT ANSWER-Budget
Committees
Ask for various Exams or Study materials from
()
,Budget Committees this to their respective
houses. The resolution sets spending revenue
and other budget targets for the upcoming
fiscal year. - CORRECT ANSWER- 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. - CORRECT ANSWER-Scorekeeping
What data does scorekeeping track? -
CORRECT ANSWER- budget authority,
receipts, outlays, surplus or deficit, and the
public debt
No money shall be drawn from the Treasury,
but in the Consequence of Appropriations
made by law. - CORRECT ANSWER-Article 1,
Section 9
Ask for various Exams or Study materials from
()
, What give Congress the authority to make
laws? - CORRECT ANSWER-Article 1, Section 8
of the Constitution
Ask for various Exams or Study materials from
()
