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CDFM - Certified Defense Financial Manager 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 you to do. Constitutional Authority: Article 1, sec...

CDFM All Modules FISCAL LAW Questions with 100% Correct Answers | Updated & Verified

Fiscal Law Final Exam answered- spring updated 2024.Fiscal Law Final Exam answered- spring updated 2024.Fiscal Law Final Exam answered- spring updated 2024.Fiscal Law Final Exam answered- spring updated 2024.

CDFM FISCAL LAW All Modules Q&A Verified 100% 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...

True or false? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act. - CORRECT ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the _________. - CORRECT ANSWER 31 USC 1341, 1342, and 1517 (Anti-Deficiency Act) The appropriation time line for Military Construction is _______ years. - CORRECT ANSWER 5 The appropriation time line for Procurement (excluding Shipb...

T/F? A working capital (Revolving) fund or part of that fund cannot violate the Anti Deficiency Act? - CORRECT ANSWER FALSE Agencies are responsible for maintaining a system of accounting and internal controls to avoid violations of the? - CORRECT ANSWER 31 USC 1341, 1342, and 1517 ADA The 2 provisions of the US Constitution that provide the underpinning for the budget process are? - CORRECT ANSWER Article 1 Section 8 clause 1, Article 1 Section 9 clause 7 T/F? Article...

Fiscal Law Final Test / Fiscal Law Final Test / Fiscal Law Final Test A unit is conducting a month-long Combined Airborne Parachute Exercise with the country of Romania. The Romanian troops are all already airborne qualified, have successfully completed multiple jumps, but have never jumped from a U.S. C-130 before. The Brigade S3 (operations officer) wants to conduct a two-hour block of instruction for the Romanians on C-130 exit safety procedures. Can the unit provide the training?

Purpose, Time, and Amount (PTA) - Answer- *Federal appropriations law can be categorized into which three topical areas? DoD General Counsel - Answer- *In the Department of Defense, final decisions of fiscal law questions are "officially" rendered by whom? Appropriations; Contract Authority; Borrowing Authority; Monetary Credits; Offsetting Collections and Receipts; Loan and Loan Guarantee Authority - Answer- *What are the basic types of budget authority used in the Federal Government? ...

Fiscal Law Final Exam questions with correct answers /Fiscal Law Final Exam questions with correct answers /Fiscal Law Final Exam questions with correct answers /Fiscal Law Final Exam questions with correct answers

CDFM Module 3.1 Fiscal Law 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 provid...