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CDFM - Module 3 Questions And Answers 2025 Latest Rated 100% PASS||VERIFIED /What are the three tests that must be met for use of the Necessary Expense doctrine? - Answer-Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) /.Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? - Answer-The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) /.What type of budgetary resource...

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CDFM - Module 3 Questions And Answers 2025 Latest Rated 100% PASS Federal appropriations law can be categorized into which three topical areas? - Answer-Purpose, Time and Amount /.In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answer-DoD General Counsel, Courts /.What are the basic types of budget authority used in the Federal Government? - Answer-Appropriations Contract Authority Borrowing Authority Monetary Credit...

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CDFM - MODULE 3 EXAM | 350+ ACTUAL QUESTIONS WITH VERIFIED SOLUTIONS LATEST VERSION 2025 ALREADY PASSED 1. What are the three tests that must be met for use of the Necessary Expense doctrine?: Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) 2. Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense?: The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) 3. What type of budget...

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CDFM Module 3 Exam Questions Fully Solved Latest Update 2025 41 USC 6301 Public Contracts (Contracting Under Feed and Forage Act) - Answers We can obligate against contract authority for clothing, fuel and quarters, but not construction. 3.1.3 Basic Axiom of Fiscal Law - Answers Expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress 3.1.7 What gives fiscal authority? - Answers Constitution Authorization Ac...

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CDFM Module 3 Exam Questions and Answers Already Passed Latest Update 2025 Federal appropriations law can be categorized into which three topical areas? - Answers Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? - Answers DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? - Answers Appropriations Contract Authority Borrowing Authority Monetary Credits ...

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CDFM MODULE 3 EXAM REAL EXAM WITH QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)//CDFM Module 3.3The Budget and Accounting Act of 1921 established the GAO- Legislative Branch- to audit financial transactions of which branch of the Government? - CORRECT ANSW Executive Branch The GPRA requires agencies to define goals, set performance targets, and report what? - CORRECT ANSW Actual Performance Any enforceable agreement between an agency and a business concern for the acquisition of pr...

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CDFM MODULE 3 EXAM REAL EXAM WITH QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)//CDFM Module 3.3 The Budget and Accounting Act of 1921 established the GAO- Legislative Branch- to audit financial transactions of which branch of the Government? - CORRECT ANSW Executive Branch The GPRA requires agencies to define goals, set performance targets, and report what? - CORRECT ANSW Actual Performance Any enforceable agreement between an agency and a business concern for the acquisition ...

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CDFM MODULE 3 EXAM REAL EXAM WITH QUESTIONS AND CORRECT ANSWERS(DETAILED ANSWERS)//CDFM Module 3.3 The Budget and Accounting Act of 1921 established the GAO- Legislative Branch- to audit financial transactions of which branch of the Government? - CORRECT ANSW Executive Branch The GPRA requires agencies to define goals, set performance targets, and report what? - CORRECT ANSW Actual Performance Any enforceable agreement between an agency and a business concern for the acquisition of...

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What are the three tests that must be met for use of the Necessary Expense doctrine? - Answer Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? - Answer The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) What type of budgetary resources remains available for new obligations for more than one fiscal year? - Answer Multi-...

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CDFM MODULE 3.1 What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use of appropriated funds be found? Who is it published by?" - ANSWER- Principles of Federal Appropriations better known as the Red Book-- published by the GA...

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