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CDFM MODULE 3.1 FISCAL LAW Questions with Detailed
Verified Answers
FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS Ans: ✓ ✓ ✓
PURPOSE TIME AMOUNT
IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY RENDERED BY Ans: ✓ ✓ ✓
DOD GENERAL COUNSEL, COURTS
BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT Ans: ✓ ✓ ✓ APPROPRIATIONS,
CONTRACT AUTHORITY, BORROWING AUTHORITY, MONETARY CREDITS, OFFSETTING COLLECTIONS
AND RECEIPTS, LOAN AND LOAN GUARANTEE AUTHORITY
ANNUAL APPROPRIATIONS REMAIN AVAILABLE FOR NEW OBLIGATIONS FOR Ans: ✓ ✓ ✓ NEW
OBLIGATIONS FOR ONE FY
OM IS AND EXAMPLE OF WHAT APPROPRIATION Ans: ✓ ✓ ✓ ANNUAL
RDTE IS AND EXAMPLE OF WHAT APPROPRIATION Ans: ✓ ✓ ✓ MULTI YEAR
BUDGET AUTHORITY DOES NOT EXPIRE IN WHAT TYPE OF APPROPRIATION Ans: ✓ ✓ ✓ NO YEAR
ARTICLE 1, SECTION 9 OF US CONST GIVES THE POWER TO APPROPRIATE FUNDS FOR OPERATING
THE GOVT TO WHAT BRANCH Ans: ✓ ✓ ✓ LEGISLATIVE
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LAW ESTABLISHED THE HOUSE AND SENATE BUDGET COMMITTEES AND THE CONGRESSIONAL
BUDGET OFFICE Ans: ✓ ✓ ✓ CONGRESSIONAL BUDGET ACT OF 1974
THREE TESTS THAT MUST BE MET FOR USE OF THE NECESSARY EXPENSE DOCTRINE Ans: ✓ ✓ ✓
LOGICAL RELATIONSHIP, NOT PROHIBITED BY LAW , NOT FUNDED ELSEWHERE
DETERMINE TO BE ACCOUNTABLE INDIVIDUALS IN DOD Ans: ✓ ✓ ✓ CERTIFYING AND DISBURSING
OFFICERS AND DEPARTMENTAL ACCOUNTABLE OFFICIALS
WHO GRANTS RELIEF OF LIABILITY TO A CERTIFYING OFFICER FOR ERRONEOUS OR ILLEGAL
PAYMENTS IN DOD Ans: ✓ ✓ ✓ DFAS
WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW OBLIGATIONS FOR MORE
THAN ONE FISCAL YEAR Ans: ✓ ✓ ✓ MULTI YEAR AUTHORITY
WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW OBLIGATIONS UNTIL THE
PURPOSE FOR WHICH IT WAS PROVIDED IS CARRIED OUT Ans: ✓ ✓ ✓ NO YEAR AUTHORITY
WHAT TYPE OF CONGRESSIONAL RESOLUTION CAN BE THOUGHT OF AS A TEMPORARY
APPROPRIATION ACT Ans: ✓ ✓ ✓ CONTINUING RESOLUTION
IF CONTRACTING OFFICER SIGNS A CONTRACT IN ADVANCE OF AN APPROPRIATION WHAT TYPE OF
VIOLATION HAS OCCURRED Ans: ✓ ✓ ✓ ANTI DEFICIENCY ACT
WHAT AGENCY APPORTIONS FUNDS FOR WORKING CAPITAL FUND? Ans: ✓ ✓ ✓ OMB
ARTICLE 1, SECTION 7 Ans: ✓ ✓ ✓ EMPOWERS CONGRESS TO PASS BILLS FOR RAISING REVENUE
AND DELINEATES HOW BILLS WILL PASS
ARTICLE 1, SECTION 8 Ans: ✓ ✓ ✓ EMPOWERS CONGRESS TO COLLECT TAXES
© Get it right 2025 Getaway - Stuvia US All rights reserved
CDFM MODULE 3.1 FISCAL LAW Questions with Detailed
Verified Answers
FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS Ans: ✓ ✓ ✓
PURPOSE TIME AMOUNT
IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY RENDERED BY Ans: ✓ ✓ ✓
DOD GENERAL COUNSEL, COURTS
BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT Ans: ✓ ✓ ✓ APPROPRIATIONS,
CONTRACT AUTHORITY, BORROWING AUTHORITY, MONETARY CREDITS, OFFSETTING COLLECTIONS
AND RECEIPTS, LOAN AND LOAN GUARANTEE AUTHORITY
ANNUAL APPROPRIATIONS REMAIN AVAILABLE FOR NEW OBLIGATIONS FOR Ans: ✓ ✓ ✓ NEW
OBLIGATIONS FOR ONE FY
OM IS AND EXAMPLE OF WHAT APPROPRIATION Ans: ✓ ✓ ✓ ANNUAL
RDTE IS AND EXAMPLE OF WHAT APPROPRIATION Ans: ✓ ✓ ✓ MULTI YEAR
BUDGET AUTHORITY DOES NOT EXPIRE IN WHAT TYPE OF APPROPRIATION Ans: ✓ ✓ ✓ NO YEAR
ARTICLE 1, SECTION 9 OF US CONST GIVES THE POWER TO APPROPRIATE FUNDS FOR OPERATING
THE GOVT TO WHAT BRANCH Ans: ✓ ✓ ✓ LEGISLATIVE
© Get it right 2025 Getaway - Stuvia US All rights reserved
, Click here for more: Scholars nexus
LAW ESTABLISHED THE HOUSE AND SENATE BUDGET COMMITTEES AND THE CONGRESSIONAL
BUDGET OFFICE Ans: ✓ ✓ ✓ CONGRESSIONAL BUDGET ACT OF 1974
THREE TESTS THAT MUST BE MET FOR USE OF THE NECESSARY EXPENSE DOCTRINE Ans: ✓ ✓ ✓
LOGICAL RELATIONSHIP, NOT PROHIBITED BY LAW , NOT FUNDED ELSEWHERE
DETERMINE TO BE ACCOUNTABLE INDIVIDUALS IN DOD Ans: ✓ ✓ ✓ CERTIFYING AND DISBURSING
OFFICERS AND DEPARTMENTAL ACCOUNTABLE OFFICIALS
WHO GRANTS RELIEF OF LIABILITY TO A CERTIFYING OFFICER FOR ERRONEOUS OR ILLEGAL
PAYMENTS IN DOD Ans: ✓ ✓ ✓ DFAS
WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW OBLIGATIONS FOR MORE
THAN ONE FISCAL YEAR Ans: ✓ ✓ ✓ MULTI YEAR AUTHORITY
WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW OBLIGATIONS UNTIL THE
PURPOSE FOR WHICH IT WAS PROVIDED IS CARRIED OUT Ans: ✓ ✓ ✓ NO YEAR AUTHORITY
WHAT TYPE OF CONGRESSIONAL RESOLUTION CAN BE THOUGHT OF AS A TEMPORARY
APPROPRIATION ACT Ans: ✓ ✓ ✓ CONTINUING RESOLUTION
IF CONTRACTING OFFICER SIGNS A CONTRACT IN ADVANCE OF AN APPROPRIATION WHAT TYPE OF
VIOLATION HAS OCCURRED Ans: ✓ ✓ ✓ ANTI DEFICIENCY ACT
WHAT AGENCY APPORTIONS FUNDS FOR WORKING CAPITAL FUND? Ans: ✓ ✓ ✓ OMB
ARTICLE 1, SECTION 7 Ans: ✓ ✓ ✓ EMPOWERS CONGRESS TO PASS BILLS FOR RAISING REVENUE
AND DELINEATES HOW BILLS WILL PASS
ARTICLE 1, SECTION 8 Ans: ✓ ✓ ✓ EMPOWERS CONGRESS TO COLLECT TAXES
© Get it right 2025 Getaway - Stuvia US All rights reserved
