CDFM All Modules FIS - Study guides, Class notes & Summaries
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CDFM All Modules FISCAL LAW EXAM QUESTIONS WITH CORRECT ANSWERS
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---21March 20242023/2024A+
- T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti 
Deficiency Act? - ANSWER FALSE 
Agencies are responsible for maintaining a system of accounting and internal controls to 
avoid violations of the? - ANSWER 31 USC 1341, 1342, and 1517 ADA 
The 2 provisions of the US Constitution that provide the underpinning for the budget 
process are? - ANSWER Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 
T/F? Article 2 section 8 empowers Congress to collect ...
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