CDFM Fiscal Law

Purpose, Time, and Amount (PTA) - Answer- *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel - Answer- *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority - Answer- *What are the basic types of budget authority used in the Federal Government? They normally remain available for new obligations for ONE fiscal year - Answer- *Annual appropriations remain available for new obligations for how long? Annual appropriation - Answer- *Operation and Maintenance (O&M) is an example of what type of appropriation? Multi-year appropriation - Answer- *RDT&E is an example of what type of appropriation? No-year appropriation - Answer- *Budget authority does not expire in what type of appropriation? Legislative Branch (Congress) - Answer- *Article 1, Section 9, of the U.S. Constitution gives the power to appropriate funds for operating the Government to which branch of the Government? Congressional Budget Act of 1974 - Answer- *Which law established the House and Senate Budget Committees and the Congressional Budget Office (CBO)? Must bear a logical relationship Not prohibited by law Not funded elsewhere - Answer- *What are the three tests which must be met for use of the Necessary Expense doctrine? Certifying Officers Disbursing Officers Departmental Accountable Officials - Answer- *Who are determined to be accountable individuals in the Department of Defense? The Defense Finance and Accounting Service (DFAS) - Answer- *Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Def