CDFM Module 3 Questions and Answers Already Passed

CDFM Module 3 Questions and Answers Already Passed Federal appropriations law can be categorized into which three topical areas? Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Collections and Receipts Loan and Loan Guarantee Authority Annual appropriations remain available for new obligations for how long? They normally remain available for new obligations for ONE fiscal year Operation and Maintenance (O&M) is an example of what type of appropriation Annual appropriation RDT&E is an example of what type of appropriation? Multi-year appropriation Budget authority does not expire in what type of appropriation? No-year appropriation Article 1, Section 9, of the U.S. Constitution gives the power to appropriate funds for operating the Government to which branch of the Government? Legislative Branch (Congress) Which law established the House and the Senate Budget Committees and the Congressional Budget Office (CBO)? Congressional Budget Act of 1974 What are the three tests that must be met for use of Necessary Expense doctrine? Must bear a logical relationship, not prohibited by law, not funded elsewhere Who are determined to be accountable individuals in the DoD? Certifying and Disbursing Officers and Departmental Accountable Officials Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? DFAS What type of budgetary resources remain available for new obligations for more than one fiscal year? Multi-year authority What type of budgetary resources remains available for new obligations until the purpose for which they were provided is carried out? No-year authority What type of Congressional resolution can be thought of as a temporary appropriations act? Continuing resolution If a Contracting Officers signs a contract in advance of an appropriation, what type of violation ahs occurred? Anti Deficiency Act Violation What agency apportions funds for working capital