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CDFM Module 1 Test Questions and Answers Verified Solutions Latest Update

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CDFM Module 1 Test Questions and Answers Verified Solutions Latest Update

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CDFM Module 1 Test Questions and
Answers Verified Solutions Latest Update
2026/2027
Question:
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.

Answer:
Scorekeeping


Question:
What data does scorekeeping track?

Answer:
budget authority, receipts, outlays, surplus or deficit, and the public debt


Question:
This resolution fixes new budget authority and outlay target and establishes target for the Gross
National Debt, revenues, and surplus/deficit.

Answer:
Budget Resolution


Question:
This resolution does not require the signature of the President. It is the first step in the
Congressional Budget Process.

Answer:
Concurrent Budget Resolution

,Question:
This Bill may not exceed the ceilings set in the CBR w/out a 60% majority vote of the entire
congress & CBO monitors for compliance.

Answer:
Annual Appropriation Bill


Question:
Defense, Military Construction/Veterans Affairs & Energy and Water

Answer:
Defense Relates Appropriations Acts


Question:
When a statutes language is not clear as written, the best place to go for interpretation of the law is
where?

Answer:
Legislative History


Question:
Who will provide DoDs position on appeal items?

Answer:
SECDEF


Question:
Amends the budgets submission prior to completion of a congressional act....they have been
submitted but not yet processed by congress

Answer:
Budget Amendments


Question:

,Normally transmitted to Congress as requests to provide funds in addition to amounts already
appropriated for the ongoing fiscal year.

Answer:
Supplmental Requests


Question:
What provides budget authority for specific ongoing activities for a specific period of time?

Answer:
Continuing Resolution (CR)


Question:
Budget authority and the availability of budgetary resources for obligation and expenditure are
limited by the following elements.

Answer:
Time, Purpose & Amount


Question:
The period of time of 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.

Answer:
Time


Question:
This is distributed by OMB as part of the apportionment process.

Answer:
Budget Authority


Question:
This process begins with the President's signature on the appropriations bill.

, Answer:
Budget Execution Process


Question:
What is the Form that OSD has to send to OMB to request apportionment within 10 days of the
Presenting signing the appropriations bill?

Answer:
SF-132


Question:
What does the apportionment provide to the Federal agencies?

Answer:
Obligation Authority


Question:
OSD/OMB negotiates apportionments (OSD must request apportionment via form SF-132). OMB
has 30 days after the appropriations act passage to effect apportionment.

Answer:
Within 10 days of the appropriations Act


Question:
Financial control document issued by the Treasury Department

Answer:
Appropriation Warrant


Question:
What devices up the appropriation?

Answer:

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