Cdfm Module 3 Exam 2024 Questions And Correct Verified Answers Graded A

CDFM MODULE 3 EXAM 2024 QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A+. 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 Credits Offsetting Collections and Receipts Loan and Loan Guarantee AuthorityAnnual appropriations remain available for new obligations for how long? - ANSWER -They normally remain available for new obligations for ONE fiscal year Operation and Maintenance (O&M) is an example of what type of appropriation - ANSWER -Annual appropriation RDT&E is an example of what type of appropriation? - ANSWER -Multi-year appropriation Budget authority does not expire in what type of appropriation? - ANSWER -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? - ANSWER -Legislative Branch (Congress)Which law established the House and the Senate Budget Committees and the Congressional Budget Office (CBO)? - ANSWER -Congressional Budget Act of 1974 What are