Click here for more: Scholars nexus
CDFM Exam 1 Study Set Questions with Detailed Verified
Answers
Competency 1: Gov't Resource Management Environment Ans: ✓ ✓ ✓ ...
OMB Circular A-11 Ans: ✓ ✓ ✓ Preparation & Submission of Budget Estimates
OMB Circular A-76 Ans: ✓ ✓ ✓ Performance of Commercial Activities
OMB Circular A-123 Ans: ✓ ✓ ✓ Management's Responsibility for Internal Control
OMB Circular A-136 Ans: ✓ ✓ ✓ Financial Reporting Requirements
What was precursor to Constitution? Ans: ✓ ✓ ✓ Articles Of Confederation (1781)
What was required to amend the Art. Of Confed? Ans: ✓ ✓ ✓ Unanimous approval from all states
When was Constitution Ratified? Ans: ✓ ✓ ✓ June 1788
What is the principle behind the separation of power between the 3 branches? Ans: ✓ ✓ ✓
Devised to allay the fear that a centralized government would lead to tyranny
© Get it right 2025 Getaway - Stuvia US All rights reserved
, Click here for more: Scholars nexus
What is the essential principle of the Constitution? Ans: ✓ ✓ ✓ That the government must be
confined to the rule of law
What does the Constitution define as the fundamental law of the US Federal Government? Ans: ✓
✓ ✓ Set forth the 3 principal branches of the Federal Government; outline their jurisdictions;
propound the basic rights of US citizens
What Article lays out the rules for the Legislative Branch? Ans: ✓ ✓ ✓ Article I
What section of Article 1 allows Congress to levy taxes and establish District Courts? Ans: ✓ ✓ ✓
Section 8
What Article lays out the rules for the Executive Branch? Ans: ✓ ✓ ✓ Article 2
What Article lays out the rules for the Judicial Branch? Ans: ✓ ✓ ✓ Article 3
Where are all revenue bills generated? Ans: ✓ ✓ ✓ House of Representatives
The President has how many days to act on a bill? Ans: ✓ ✓ ✓ 10, excluding Sundays or Holidays
What can override a Presidential veto of a bill? Ans: ✓ ✓ ✓ 2/3 approval in both chambers
Congress is adjourned and the President fails to sign a bill during the 10-day period, that bill does
not become law. Ans: ✓ ✓ ✓ Pocket Veto
What is important about Art I, Sec 9? Ans: ✓ ✓ ✓ No money is to be issued from Treasury without
an Appropriation law
© Get it right 2025 Getaway - Stuvia US All rights reserved
CDFM Exam 1 Study Set Questions with Detailed Verified
Answers
Competency 1: Gov't Resource Management Environment Ans: ✓ ✓ ✓ ...
OMB Circular A-11 Ans: ✓ ✓ ✓ Preparation & Submission of Budget Estimates
OMB Circular A-76 Ans: ✓ ✓ ✓ Performance of Commercial Activities
OMB Circular A-123 Ans: ✓ ✓ ✓ Management's Responsibility for Internal Control
OMB Circular A-136 Ans: ✓ ✓ ✓ Financial Reporting Requirements
What was precursor to Constitution? Ans: ✓ ✓ ✓ Articles Of Confederation (1781)
What was required to amend the Art. Of Confed? Ans: ✓ ✓ ✓ Unanimous approval from all states
When was Constitution Ratified? Ans: ✓ ✓ ✓ June 1788
What is the principle behind the separation of power between the 3 branches? Ans: ✓ ✓ ✓
Devised to allay the fear that a centralized government would lead to tyranny
© Get it right 2025 Getaway - Stuvia US All rights reserved
, Click here for more: Scholars nexus
What is the essential principle of the Constitution? Ans: ✓ ✓ ✓ That the government must be
confined to the rule of law
What does the Constitution define as the fundamental law of the US Federal Government? Ans: ✓
✓ ✓ Set forth the 3 principal branches of the Federal Government; outline their jurisdictions;
propound the basic rights of US citizens
What Article lays out the rules for the Legislative Branch? Ans: ✓ ✓ ✓ Article I
What section of Article 1 allows Congress to levy taxes and establish District Courts? Ans: ✓ ✓ ✓
Section 8
What Article lays out the rules for the Executive Branch? Ans: ✓ ✓ ✓ Article 2
What Article lays out the rules for the Judicial Branch? Ans: ✓ ✓ ✓ Article 3
Where are all revenue bills generated? Ans: ✓ ✓ ✓ House of Representatives
The President has how many days to act on a bill? Ans: ✓ ✓ ✓ 10, excluding Sundays or Holidays
What can override a Presidential veto of a bill? Ans: ✓ ✓ ✓ 2/3 approval in both chambers
Congress is adjourned and the President fails to sign a bill during the 10-day period, that bill does
not become law. Ans: ✓ ✓ ✓ Pocket Veto
What is important about Art I, Sec 9? Ans: ✓ ✓ ✓ No money is to be issued from Treasury without
an Appropriation law
© Get it right 2025 Getaway - Stuvia US All rights reserved
