CDFM Module 1- 450 Questions and
Correct Answers for CDFM Module 1
Exam Prep Latest 2026-2027 (New!)
The President is responsible to transmit the budget of the US government to
Congress no later than:
A) 1st Monday in February each year
B) 1st Monday in January each year
C) February 1st each year
D) January 1st each year
-ANSWER- A) 1st Monday in February each year
Congress processes authorization legislation, which authorizes or allows programs
to exist. They also pass appropriations, which provide funding for programs. This
is known as:
A) Budget Formulation Phase
B) Congressional Action Phase
C) Budget Execution Phase
D) Budget Resolution Phase
-ANSWER- B) 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. This is
called:
A) Authorization
B) Appropriation
C) Apportionment
D) Allotment
-ANSWER- B) Appropriation
In the Congressional Action Phase, who holds hearings in January in preparation
for drafting the concurrent resolution of the budget?
A) Appropriations Committees
B) Budget Committees
1
,C) Authorizing Committees
D) Conference Committees
-ANSWER- B) Budget Committees
Budget Committees report to their respective houses. The resolution sets spending
revenue and other budget targets for the upcoming fiscal year. This occurs in:
A) January
B) February
C) April
D) September
-ANSWER- C) April
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.
A) Mark-up
B) Scorekeeping
C) Reconciliation
D) Authorization
-ANSWER- B) Scorekeeping
What data does scorekeeping track?
A) Only outlays and receipts
B) Budget authority, receipts, outlays, surplus or deficit, and the public debt
C) Only appropriations and authorizations
D) Only budget authority and outlays
-ANSWER- B) Budget authority, receipts, outlays, surplus or deficit, and the
public debt
This resolution fixes new budget authority and outlay target and establishes target
for the Gross National Debt, revenues, and surplus/deficit.
A) Budget Resolution
B) Appropriation Resolution
C) Budget Amendment
D) Continuing Resolution
-ANSWER- A) Budget Resolution
This resolution does not require the signature of the President. It is the first step in
the Congressional Budget Process.
A) Concurrent Budget Resolution
2
,B) Joint Budget Resolution
C) Simple Budget Resolution
D) Appropriation Bill
-ANSWER- A) Concurrent Budget Resolution
This Bill may not exceed the ceilings set in the CBR without a 60% majority vote
of the entire Congress & CBO monitors for compliance.
A) Authorization Bill
B) Annual Appropriation Bill
C) Supplemental Bill
D) Budget Resolution
-ANSWER- B) Annual Appropriation Bill
Defense, Military Construction/Veterans Affairs & Energy and Water are
examples of:
A) Mandatory Spending
B) Defense-Related Appropriations Acts
C) Authorization Acts
D) Continuing Resolutions
-ANSWER- B) Defense-Related Appropriations Acts
When a statute's language is not clear as written, the best place to go for
interpretation of the law is:
A) The Supreme Court
B) Legislative History
C) OMB Circulars
D) The Federal Register
-ANSWER- B) Legislative History
Who will provide DoD's position on appeal items?
A) The President
B) SECDEF
C) The Joint Chiefs
D) The Under Secretary of Defense
-ANSWER- B) SECDEF
These amend the budget submission prior to completion of a congressional act;
they have been submitted but not yet processed by Congress.
A) Supplemental Requests
B) Budget Amendments
3
, C) Continuing Resolutions
D) Rescissions
-ANSWER- B) Budget Amendments
These are normally transmitted to Congress as requests to provide funds in
addition to amounts already appropriated for the ongoing fiscal year.
A) Budget Amendments
B) Continuing Resolutions
C) Supplemental Requests
D) Rescissions
-ANSWER- C) Supplemental Requests
What provides budget authority for specific ongoing activities for a specific period
of time?
A) Supplemental Request
B) Continuing Resolution (CR)
C) Authorization Act
D) Budget Amendment
-ANSWER- B) Continuing Resolution (CR)
Budget authority and the availability of budgetary resources for obligation and
expenditure are limited by the following elements:
A) Time and Amount only
B) Time, Purpose, and Amount
C) Purpose and Amount only
D) Time and Purpose only
-ANSWER- B) Time, Purpose, and Amount
The period of time that the budget resources may incur new obligations is different
from the period of time during which budgetary resources may be used to insure
expenditures. This describes:
A) Purpose
B) Time
C) Amount
D) Authority
-ANSWER- B) Time
This is distributed by OMB as part of the apportionment process.
A) Budget Authority
B) Appropriation
4
Correct Answers for CDFM Module 1
Exam Prep Latest 2026-2027 (New!)
The President is responsible to transmit the budget of the US government to
Congress no later than:
A) 1st Monday in February each year
B) 1st Monday in January each year
C) February 1st each year
D) January 1st each year
-ANSWER- A) 1st Monday in February each year
Congress processes authorization legislation, which authorizes or allows programs
to exist. They also pass appropriations, which provide funding for programs. This
is known as:
A) Budget Formulation Phase
B) Congressional Action Phase
C) Budget Execution Phase
D) Budget Resolution Phase
-ANSWER- B) 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. This is
called:
A) Authorization
B) Appropriation
C) Apportionment
D) Allotment
-ANSWER- B) Appropriation
In the Congressional Action Phase, who holds hearings in January in preparation
for drafting the concurrent resolution of the budget?
A) Appropriations Committees
B) Budget Committees
1
,C) Authorizing Committees
D) Conference Committees
-ANSWER- B) Budget Committees
Budget Committees report to their respective houses. The resolution sets spending
revenue and other budget targets for the upcoming fiscal year. This occurs in:
A) January
B) February
C) April
D) September
-ANSWER- C) April
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.
A) Mark-up
B) Scorekeeping
C) Reconciliation
D) Authorization
-ANSWER- B) Scorekeeping
What data does scorekeeping track?
A) Only outlays and receipts
B) Budget authority, receipts, outlays, surplus or deficit, and the public debt
C) Only appropriations and authorizations
D) Only budget authority and outlays
-ANSWER- B) Budget authority, receipts, outlays, surplus or deficit, and the
public debt
This resolution fixes new budget authority and outlay target and establishes target
for the Gross National Debt, revenues, and surplus/deficit.
A) Budget Resolution
B) Appropriation Resolution
C) Budget Amendment
D) Continuing Resolution
-ANSWER- A) Budget Resolution
This resolution does not require the signature of the President. It is the first step in
the Congressional Budget Process.
A) Concurrent Budget Resolution
2
,B) Joint Budget Resolution
C) Simple Budget Resolution
D) Appropriation Bill
-ANSWER- A) Concurrent Budget Resolution
This Bill may not exceed the ceilings set in the CBR without a 60% majority vote
of the entire Congress & CBO monitors for compliance.
A) Authorization Bill
B) Annual Appropriation Bill
C) Supplemental Bill
D) Budget Resolution
-ANSWER- B) Annual Appropriation Bill
Defense, Military Construction/Veterans Affairs & Energy and Water are
examples of:
A) Mandatory Spending
B) Defense-Related Appropriations Acts
C) Authorization Acts
D) Continuing Resolutions
-ANSWER- B) Defense-Related Appropriations Acts
When a statute's language is not clear as written, the best place to go for
interpretation of the law is:
A) The Supreme Court
B) Legislative History
C) OMB Circulars
D) The Federal Register
-ANSWER- B) Legislative History
Who will provide DoD's position on appeal items?
A) The President
B) SECDEF
C) The Joint Chiefs
D) The Under Secretary of Defense
-ANSWER- B) SECDEF
These amend the budget submission prior to completion of a congressional act;
they have been submitted but not yet processed by Congress.
A) Supplemental Requests
B) Budget Amendments
3
, C) Continuing Resolutions
D) Rescissions
-ANSWER- B) Budget Amendments
These are normally transmitted to Congress as requests to provide funds in
addition to amounts already appropriated for the ongoing fiscal year.
A) Budget Amendments
B) Continuing Resolutions
C) Supplemental Requests
D) Rescissions
-ANSWER- C) Supplemental Requests
What provides budget authority for specific ongoing activities for a specific period
of time?
A) Supplemental Request
B) Continuing Resolution (CR)
C) Authorization Act
D) Budget Amendment
-ANSWER- B) Continuing Resolution (CR)
Budget authority and the availability of budgetary resources for obligation and
expenditure are limited by the following elements:
A) Time and Amount only
B) Time, Purpose, and Amount
C) Purpose and Amount only
D) Time and Purpose only
-ANSWER- B) Time, Purpose, and Amount
The period of time that the budget resources may incur new obligations is different
from the period of time during which budgetary resources may be used to insure
expenditures. This describes:
A) Purpose
B) Time
C) Amount
D) Authority
-ANSWER- B) Time
This is distributed by OMB as part of the apportionment process.
A) Budget Authority
B) Appropriation
4
