CDFM - Module 1 Study Questions with
Certified Correct Answers
How many branches of Government did the Constitution establish? - Answer Three
What was the predecessor to the Constitution? - Answer The Articles of the Confederation
Where all federal-level laws enacted? - Answer Congress
In which article of the Constitution is the power to raise taxes found? - Answer Article 1
What occurs when Congress is not in session and the President does not sign a properly - presented,
enrolled bill within 10 days - Answer pocket veto
How frequently does congress review the dod budget request? - Answer Annually
Approximately what percent of total federal spending is discretionary spending? - Answer 30%
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)
Which committee attempts to resolve differences between House and Senate versions of a bill? -
Answer Conference Committee, sometimes referred to as "the Third Chamber"
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 a budget authority? - Answer Appropriation Acts
provides budget authority
What term is used to describe a subdivision of an apportionment? - Answer Allotment
What agency issues apportionments? - Answer Office of Management and Budget (OMB)
Which branch of Government conducts hearings on the effectiveness of Government programs? -
Answer Legislative Branch (Congress)
In federal budget process, which organizations actually prepare budget estimates? - Answer Federal
Agencies
What is the largest single source of Federal Government tax revenues? - Answer Individual Income Taxes
(50% in 2018)
What are request 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 a postponement in the use of appropriated funds? - Answer Deferral
What term describes a cancellation of appropriated funds - Answer Rescission
After the DoD Appropriation Bill is signed into law, what does DoD request from OMB? - Answer
Apportionment
An administrative reservation of funds is known as what? - Answer Commitment
Certified Correct Answers
How many branches of Government did the Constitution establish? - Answer Three
What was the predecessor to the Constitution? - Answer The Articles of the Confederation
Where all federal-level laws enacted? - Answer Congress
In which article of the Constitution is the power to raise taxes found? - Answer Article 1
What occurs when Congress is not in session and the President does not sign a properly - presented,
enrolled bill within 10 days - Answer pocket veto
How frequently does congress review the dod budget request? - Answer Annually
Approximately what percent of total federal spending is discretionary spending? - Answer 30%
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)
Which committee attempts to resolve differences between House and Senate versions of a bill? -
Answer Conference Committee, sometimes referred to as "the Third Chamber"
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 a budget authority? - Answer Appropriation Acts
provides budget authority
What term is used to describe a subdivision of an apportionment? - Answer Allotment
What agency issues apportionments? - Answer Office of Management and Budget (OMB)
Which branch of Government conducts hearings on the effectiveness of Government programs? -
Answer Legislative Branch (Congress)
In federal budget process, which organizations actually prepare budget estimates? - Answer Federal
Agencies
What is the largest single source of Federal Government tax revenues? - Answer Individual Income Taxes
(50% in 2018)
What are request 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 a postponement in the use of appropriated funds? - Answer Deferral
What term describes a cancellation of appropriated funds - Answer Rescission
After the DoD Appropriation Bill is signed into law, what does DoD request from OMB? - Answer
Apportionment
An administrative reservation of funds is known as what? - Answer Commitment
