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CDFM MODULE 1 COMPREHENSIVE TEST PAPER 2026 COMPLETE QUESTIONS AND ANSWERS EXPERT VERIFIED GRADED A+

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CDFM MODULE 1 COMPREHENSIVE TEST PAPER 2026 COMPLETE QUESTIONS AND ANSWERS EXPERT VERIFIED GRADED A+

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CDFM MODULE 1 COMPREHENSIVE TEST
PAPER 2026 COMPLETE QUESTIONS AND
ANSWERS EXPERT VERIFIED GRADED A+

◉ Clean Bill. Answer: The result of incorporating all amendments
into a new bill with its new number 1.1.15


◉ Engrossed Bill. Answer: A Bill that has passed one body (House or
Senate) 1.1.15


◉ Third Chamber. Answer: Refers to a conference committee that is
appointed when the House and Senate cannot reach a consensus on
a Bill. It consists of both House and Senate members. 1.1.15


◉ What are the President's options when he is sent a Bill for
signature?. Answer: Sign it into law, veto it and return it to Congress,
let it become law without signature, or pocket-veto it. 1.1.17


◉ What is a pocket veto?. Answer: When Congress is adjourned and
the President fails to sign a bill during the 10 day period, that bill
does not become law 1.1.17

,◉ Three phases of the budget cycle. Answer: Budget formulation (2
fiscal years ahead), Congressional action (1 fiscal year ahead),
budget execution (current fiscal year).


◉ When must the President submit to Congress his proposed budget
for the next fiscal year?. Answer: The 1974 Congressional Budget Act
requires he submit it by the first Monday in February. 1.1.18


◉ Who consolidates the President's budget proposal?. Answer: OMB
(Office of Management and Budget) 1.1.


◉ What is an object class?. Answer: Defined in OMB Circular A-11 as
the lowest level of budgetary formulation 1.1.18


◉ What process does the DoD use to formulate the DoD Budget
portion of the President's budget?. Answer: PPBE (Planning,
Programming, Budgeting, and Execution) 1.1.19


◉ Federal Budget Formulation Phase. Answer: 1. In February, the
OMB issues "allowance letter" with planning levels for 5 years and
policy guidance.
2. In March/April, the Agency begins internal budget process.
3. In September/October, the Agency submits budget request to
OMB for the budget year.

, 4. In September/October, OMB analyzes budget submissions and
holds hearings with agency representatives.
5. In January/February, OMB drafts President's budget message and
prepares other parts of the budget.
6. In January/February, the President revises and approves message.
Transmits budget to Congress between the first Monday in January
and the first Monday in February. 1.1.20


◉ What is the Fall Review. Answer: An internal review of the DoD
budget conducted by OMB and OSD in the September-December
period. 1.1.21


◉ Passback. Answer: OMB may change an Agency's funding or its
budget. It can be appealed to the President by the Agency
head.1.1.22


◉ Which Government branch's budget goes through OMB?. Answer:
Executive branch. 1.1.22


◉ Who does the President present his budget estimate to by the 1st
Monday in February?. Answer: Congress 1.1.23


◉ What part does Congress play in the federal budget process?.
Answer: Conduct budget hearings, pass concurrent budget
resolution which sets a ceiling for each of the appropriations bills,

Información del documento

Subido en
20 de abril de 2026
Número de páginas
21
Escrito en
2025/2026
Tipo
Examen
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