FISCAL LAW

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

The established rule is that the expenditure of public funds is proper only when ________ by Congress, not that public funds may be expended unless prohibited by Congress. - Answer authorized In fiscal law, you can do only what the law authorized you to do. ______ of a law prohibiting you from doing something with your funding doesn't give you the authority to do it; it must be authorized by law in order for you to obligate funds - Answer Absence Are congressional committee reports (l...

Fiscal Law Final Exam answered- spring 2022. / Fiscal Law Final Exam answered- spring 2022./ Fiscal Law Final Exam answered- spring 2022.

Fiscal Law Exam CLG 001 _ Questions And Answers 2023 QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. QUEST...

Fiscal Law Final Exam answered- spring 2022. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixed- price contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUE...

FISCAL LAW FINAL EXAM ANSWERED SPRING 2023 LATEST A+ GRADED. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements....

Fiscal Law Test 1 - Module 2,3,4 and final test / Fiscal Law Test 1 - Module 2,3,4 and final test / Fiscal Law Test 1 - Module 2,3,4 and final test / Fiscal Law Test 1 - Module 2,3,4 and final test

FISCAL LAW FINAL EXAM ANSWERED SPRING 2023 LATEST A+ GRADED. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements....

FISCAL LAW FINAL EXAM, ANSWERED

U.S. Fiscal Law Body of law which governs the use and availability Federal funds by Executive Agencies Fiscal Law is derived from... 1. US Constitution (Article I) 2. US Code, Title 31 3. FAR and subsequent regulations 4. GAO and court rulings Fiscal Year Starts October 1 End September 30 Government Accountability Office (GAO) An investigative arm of Congress that issues opinions and reports to federal agencies concerning the obligation and expenditure of public fund...