CDFM MODULE 1 Questions & Answers Questions with 100% Correct Answer

CDFM MODULE 1 Questions & Answers Questions with 100% Correct Answer *How many branches of Government did the Constitution establish? - answerThree - Legislative Branch (Article I), Executive Branch (Article II), and Judicial Branch (Article III) *What was the predecessor to the Constitution? - answerArticles of Confederation *Where are all Federal-level laws enacted? - answerCongress *In which article of the Constitution is the power to raise taxes found? - answerArticle I *What occurs when Congress is not in session and the President does not sign a properly- presented, enrolled bill within 10 days? - answerPocket Veto *How frequently does Congress review the DoD budget request? - answerAnnually *Approximately what percent of total federal spending is discretionary spending? - answerThirty percent (30%) *Which branch of Government implements laws? - answerExecutive Branch *Which branch of Government is authorized to raise taxes and borrow money? - answerLegislative Branch (Congress) *Which committee attempts to resolve differences between the House and Senate version of a bill? - answerConference Committee, sometimes referred to as "the Third Chamber" *Which agency issues directions for use by other agencies in submitting their budget estimates? - answerOffice of Management and Budget (OMB) *What type of legislation provides an agency with budget authority? - answerAppropriation Acts provide budget authority *What term is used to describe a subdivision of an apportionment - answerAllotment *What agency issues apportionments? - answerOffice of Management and Budget (OMB) *Which branch of Government conducts hearings on the effectiveness of Government programs? - answerLegislative Branch (Congress) *In the federal budget process, which organizations actually prepare budget estimates? - answerFederal Agencie