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CDFM Module 1 AND Module 3 Exam Questions and Answers Verified Solutions Latest Update

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CDFM Module 1 AND Module 3 Exam Questions and Answers Verified Solutions Latest Update

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CDFM Module 1 AND Module 3 Exam
Questions and Answers Verified Solutions
Latest Update 2026/2027
Question:
1974 Congressional Budget Act.

Answer:
Requires that the President submits the budget to Congress by the first Monday in February


Question:
OMB Circular A-11.

Answer:
Governs the budget formulation process


Question:
Pocket Veto.

Answer:
If Congress is adjourned and the President fails to sign a bill during the 10 day period, that bill does
not become law.


Question:
Enrolled.

Answer:
After a measure has been passed in identical form by both the House and Senate


Question:
Conference Committees.

,Answer:
Very powerful and have often been referred to as 'the third chamber of the Congress


Question:
Engrossed Bill.

Answer:
After a bill has passed one body (House or Senate)


Question:
Joint Resolutions.

Answer:
May originate in the House or Senate. If originating in the House is designated "H.J.Res". If
originating in the Senate is designated "S.J.Res".


Question:
Article 1 of Constitution.

Answer:
Established the Legislative Branch- Congress. Powers to raise taxes, borrow money, regulate
commerce, conscript forces, declare war, and raise and support armies.


Question:
Legislative, Judicial, Executive.

Answer:
The three Branches of the government that the Constitution established


Question:
Articles of Confederation.

Answer:
Predecessor to the Constitution

,Question:
Congress.

Answer:
Where Laws are Enacted


Question:
Article 1.

Answer:
The part of the Constitution that gives power to raise taxes.


Question:
Legislative, Judical, Executive.

Answer:
The Constitution create what the branches of the government.?


Question:
Article 1 Section 8.

Answer:
Gives Congress the authority to make all laws which shall be necessary and proper for carrying into
Exectuion.


Question:
23%.

Answer:
The percentage of Gross Domestic Product (GDP) that is Federal Spending in FY12


Question:

, 36%.

Answer:
Percentage (%) of Federal spending this discretionary spending


Question:
Executive Branch.

Answer:
Branch of government that implements laws


Question:
Legislative Branch (Congress).

Answer:
Branch of government that is authorized to raise taxeds and borrow money


Question:
Conference Committee.

Answer:
Committees that attempt to resolve differences between the House and Senate versions of bills,
sometimes called the 'Third Chamber'


Question:
Office of Management and Budget (OMB).

Answer:
An Agency that issues directions for use by other agencies in submitting their budget estimates


Question:
Appropriations Acts.

Answer:

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