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CDFM Fiscal Law Module 3.1 Exam With Correct Solutions Graded A+
  • Exam (elaborations)

    CDFM Fiscal Law Module 3.1 Exam With Correct Solutions Graded A+

  • 3 Groups that can be Indebted to the Government - Current military or civilian Former military or civilian Vendor 3.2.38 3 Types of Collections - Receipts - collections creditable to the Treasury Department Miscellaneous Receipt account as authorized by legislation (i.e. recycling) Reimbursements - amounts earned and collected for property sold or services furnished to the public or to another US Government agency. Reimbursement are shown as a positive amount on the DD Form 1...
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CDFM Module 3.1 Fiscal Law questions and answers 100% verified.
  • Exam (elaborations)

    CDFM Module 3.1 Fiscal Law questions and answers 100% verified.

  • ____ is no longer available for adjustments or payments. Any adjustments will be charged to current same appropriation (1% max). - Cancelled ____ is the probable or potentially adverse effects from inadequate management controls that may result in the loss of Government resources or cause an agency to fail to accomplish significant mission objectives through fraud, error, or mismanagement. - Risk _____ is the shift from one purpose or activity to another within differen...
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  CDFM Module 3.1 Fiscal Law questions and answers 100% verified.
  • Exam (elaborations)

    CDFM Module 3.1 Fiscal Law questions and answers 100% verified.

  • CDFM Module 3.1 Fiscal Law questions and answers 100% verified. Basic Axiom of Fiscal Law (the premise of fiscal law) - correct answer. The established rule: Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. Common Law - correct answer. Which law: There is no law that says you can't do it. Fiscal Law - correct answer. Which Law: You can only do what the law authorized ...
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CDFM MODULE 3.1 FISCAL LAW
  • Exam (elaborations)

    CDFM MODULE 3.1 FISCAL LAW

  • FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS - ANSWER PURPOSE TIME AMOUNT IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY RENDERED BY - ANSWER DOD GENERAL COUNSEL, COURTS BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT - ANSWER APPROPRIATIONS, CONTRACT AUTHORITY, BORROWING AUTHORITY, MONETARY CREDITS, OFFSETTING COLLECTIONS AND RECEIPTS, LOAN AND LOAN GUARANTEE AUTHORITY ANNUAL APPROPRIATIONS REMAIN AVAILABLE FOR NEW OBLIGATIONS FOR - ANSWER NEW OB...
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CDFM Module 3.1 Fiscal Law exam 2023 with 100% correct answers
  • Exam (elaborations)

    CDFM Module 3.1 Fiscal Law exam 2023 with 100% correct answers

  • Basic Axiom of Fiscal Law (the premise of fiscal law) The established rule: Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. Common Law Which law: There is no law that says you can't do it. Fiscal Law Which Law: You can only do what the law authorized you to do. Constitutional Authority: Article 1, section 7,8,9 Provisions of the U.S Constitution that provide the underpinning for...
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CDFM MODULE 3.1 FISCAL LAW- Exam Questions with correct Answers
  • Exam (elaborations)

    CDFM MODULE 3.1 FISCAL LAW- Exam Questions with correct Answers

  • FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS - ANSWER PURPOSE TIME AMOUNT IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY RENDERED BY - ANSWER DOD GENERAL COUNSEL, COURTS BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT - ANSWER APPROPRIATIONS, CONTRACT AUTHORITY, BORROWING AUTHORITY, MONETARY CREDITS, OFFSETTING COLLECTIONS AND RECEIPTS, LOAN AND LOAN GUARANTEE AUTHORITY ANNUAL APPROPRIATIONS REMAIN AVAILABLE FOR NEW OBLIGATIONS FOR - ANSWER NEW OB...
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