100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Exam (elaborations)

CDFM MODULE 1 EXAM 2024

Rating
-
Sold
-
Pages
12
Grade
A+
Uploaded on
19-08-2024
Written in
2024/2025

Appropriation Process - CORRECT ANSWERS-Process where bills are prepared for adoption to provide the budget authority to operate the entire Government. For the DoD, HAC and SAC draft and submit appropriations bills that provide budget authority HAC and SAC - CORRECT ANSWERS-Who manages the appropriation process for the entire Federal Government? Congressional Budget Office - CORRECT ANSWERS-Works for Congress only. In the budget resolution phase, it provides scorekeeping in that it estimates the budgetary effects of pending legislation and compares it to a baseline such as a budget resolution or to any limits that may be set in law. Scorekeeping tracks data such as budget authority, receipts, outlays, the surplus or deficit, and the public debt limit. Concurrent Budget Resolution - CORRECT ANSWERS-High level overall budget plan passed by the House and Senate for the Federal Government, including revenue and spending. By law, to be completed by April 15th. Does not require the President's signature. First step in the Congressional budget process. National Defense Authorization Bill - CORRECT ANSWERS-This bill authorizes or allows programs to exist and provides recommended funding levels and policy. HASC and SASC - CORRECT ANSWERS-Who manages the authorization process for DoD? HAC and SAC - CORRECT ANSWERS-Each have 12 subcommittees responsible for determining the 12 annual appropriations bills for the various agencies and activities of the Federal Government (1) Energy and Water, (2) Defense, and (3) Military Construction, Veterans Affairs, and Related Agencies - CORRECT ANSWERS-Which of the 12 appropriations directly impacts DoD? Budget Amendments - CORRECT ANSWERS-Amend the budget submission prior to completion of Congressional action. Budget Authority - CORRECT ANSWERS-The appropriations act provides agencies with what? Apportionment Process - CORRECT ANSWERS-The process in which OMB distributes budget authority to agencies. Apportionment = obligation authority SF132 - CORRECT ANSWERS-Apportionment (OSD must request apportionments via this form within 10 days of the appropriations act.) 2 | P a g e SF133 - CORRECT ANSWERS-Quarterly, OSD reports to OMB the status of expenditures using this form OMB A-11 Part 4 - CORRECT ANSWERS-Is the guidance document for the budget execution phase. Time - CORRECT ANSWERS-Period that budgetary resources may incur new obligations. Amount - CORRECT ANSWERS-Obligations and expenditures may not exceed the _____ established in law. Unapportioned appropriations - CORRECT ANSWERS-funds appropriated but not apportioned by OMB Unalloted appropriations - CORRECT ANSWERS-funds apportioned but not allotted by the agency Unobligated allotments - CORRECT ANSWERS-funds allotted but not yet obligated Unliquidated obligations - CORRECT ANSWERS-funds obligated but not yet outlayed Expended appropriation - CORRECT ANSWERS-Portion of the total appropriation that is outlayed Commitments and obligations - CORRECT ANSWERS

Show more Read less
Institution
CDFM MODULE 1
Course
CDFM MODULE 1









Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
CDFM MODULE 1
Course
CDFM MODULE 1

Document information

Uploaded on
August 19, 2024
Number of pages
12
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Content preview

Appropriation Process - CORRECT ANSWERS-Process where bills are prepared for
adoption to provide the budget authority to operate the entire Government. For the DoD,
HAC and SAC draft and submit appropriations bills that provide budget authority

HAC and SAC - CORRECT ANSWERS-Who manages the appropriation process for
the entire Federal Government?

Congressional Budget Office - CORRECT ANSWERS-Works for Congress only. In the
budget resolution phase, it provides scorekeeping in that it estimates the budgetary
effects of pending legislation and compares it to a baseline such as a budget resolution
or to any limits that may be set in law. Scorekeeping tracks data such as budget
authority, receipts, outlays, the surplus or deficit, and the public debt limit.

Concurrent Budget Resolution - CORRECT ANSWERS-High level overall budget plan
passed by the House and Senate for the Federal Government, including revenue and
spending. By law, to be completed by April 15th. Does not require the President's
signature. First step in the Congressional budget process.

National Defense Authorization Bill - CORRECT ANSWERS-This bill authorizes or
allows programs to exist and provides recommended funding levels and policy.

HASC and SASC - CORRECT ANSWERS-Who manages the authorization process for
DoD?

HAC and SAC - CORRECT ANSWERS-Each have 12 subcommittees responsible for
determining the 12 annual appropriations bills for the various agencies and activities of
the Federal Government

(1) Energy and Water, (2) Defense, and (3) Military Construction, Veterans Affairs, and
Related Agencies - CORRECT ANSWERS-Which of the 12 appropriations directly
impacts DoD?

Budget Amendments - CORRECT ANSWERS-Amend the budget submission prior to
completion of Congressional action.

Budget Authority - CORRECT ANSWERS-The appropriations act provides agencies
with what?

Apportionment Process - CORRECT ANSWERS-The process in which OMB distributes
budget authority to agencies. Apportionment = obligation authority

SF132 - CORRECT ANSWERS-Apportionment (OSD must request apportionments via
this form within 10 days of the appropriations act.)

1|Page

, SF133 - CORRECT ANSWERS-Quarterly, OSD reports to OMB the status of
expenditures using this form
OMB A-11 Part 4 - CORRECT ANSWERS-Is the guidance document for the budget
execution phase.

Time - CORRECT ANSWERS-Period that budgetary resources may incur new
obligations.

Amount - CORRECT ANSWERS-Obligations and expenditures may not exceed the
_____ established in law.

Unapportioned appropriations - CORRECT ANSWERS-funds appropriated but not
apportioned by OMB

Unalloted appropriations - CORRECT ANSWERS-funds apportioned but not allotted by
the agency

Unobligated allotments - CORRECT ANSWERS-funds allotted but not yet obligated

Unliquidated obligations - CORRECT ANSWERS-funds obligated but not yet outlayed

Expended appropriation - CORRECT ANSWERS-Portion of the total appropriation that
is outlayed

Commitments and obligations - CORRECT ANSWERS-To ensure adequate funds
management and guard against deficiencies, the Federal Government has developed a
system for management of funds based on the following types of reservations of funds?

Made available for obligation - CORRECT ANSWERS-If both houses of Congress do
not complete action on the proposed rescission within 45 days of continuous
congressional session after its receipt, the funds must be?

Enabling or Organic Legislation - CORRECT ANSWERS-Is legislation that creates an
agency, establishes a program, or prescribes a function?

1. S.100
2. H.R.100 - CORRECT ANSWERS-How is bill number 100 in the Senate and in the
House written?

1. H.J.Res.100
2. S.J.Res.100 - CORRECT ANSWERS-How are joint resolutions written in the House
and Senate?

1. H.Con.Res.100



2|Page
$20.49
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
belaccarpsey

Get to know the seller

Seller avatar
belaccarpsey Chamberlain College Of Nursing
View profile
Follow You need to be logged in order to follow users or courses
Sold
0
Member since
1 year
Number of followers
0
Documents
50
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions