LATEST VERSION
CDFM MODULE 1
EXAM 2026-2027
REAL EXAM 250
QUESTIONS AND
CORRECT
ANSWERS(DETAI
LED ANSWERS)
,The President is responsible to transmit the budget of the
US government to congress NLT when? - CORRECT
ANSWER-1st Monday in February each year
Congress she process authorization legislation, which
authorizes or allows programs to exist. They also pass
appropriations, which provide funding for programs -
CORRECT ANSWER-Congressional Action Phase
The President signs the bills into law that provides legal
budget authority to incur obligations and make payments
out of the Treasury for specified purposes. - CORRECT
ANSWER-Appropriation
In the Congressional Action Phase, who holds hearing in
January in preperation for drafting the concurrent
resolution of the budget? - CORRECT ANSWER-Budget
Committees
,Budget Committees this to their respective houses. The
resolution sets spending revenue and other budget
targets for the upcoming fiscal year. - CORRECT ANSWER-
Concurrent Resolution - April of each year
This is the process of estimating the budgetary effects of
pending legislation and comparing them to a baseline
such as a budget resolution or to any limits that may be
set in law. - CORRECT ANSWER-Scorekeeping
What data does scorekeeping track? - CORRECT ANSWER-
budget authority, receipts, outlays, surplus or deficit, and
the public debt
No money shall be drawn from the Treasury, but in the
Consequence of Appropriations made by law. - CORRECT
ANSWER-Article 1, Section 9
What give Congress the authority to make laws? -
CORRECT ANSWER-Article 1, Section 8 of the Constitution
, The final step after the Conference Committee Resolution
after a measure has been passed in identical form by both
the House andSenate, it is considered to be what? -
CORRECT ANSWER-"Enrolled" (then sent to the president)
Who reviews the constitution for interpretation of the
constitution? - CORRECT ANSWER-Supreme Court
Who has the power to raise taxes given in Article 1 of the
Constitution? - CORRECT ANSWER-Congress (Legislative
Branch)
What does the Congress of the US consist of? - CORRECT
ANSWER-Senate (6 yrs); House (2 yrs)
All bills for raising Revenue shall originate where? But the
Senate may propose or concur with Amendments as on
other Bills. - CORRECT ANSWER-House of Representative
CDFM MODULE 1
EXAM 2026-2027
REAL EXAM 250
QUESTIONS AND
CORRECT
ANSWERS(DETAI
LED ANSWERS)
,The President is responsible to transmit the budget of the
US government to congress NLT when? - CORRECT
ANSWER-1st Monday in February each year
Congress she process authorization legislation, which
authorizes or allows programs to exist. They also pass
appropriations, which provide funding for programs -
CORRECT ANSWER-Congressional Action Phase
The President signs the bills into law that provides legal
budget authority to incur obligations and make payments
out of the Treasury for specified purposes. - CORRECT
ANSWER-Appropriation
In the Congressional Action Phase, who holds hearing in
January in preperation for drafting the concurrent
resolution of the budget? - CORRECT ANSWER-Budget
Committees
,Budget Committees this to their respective houses. The
resolution sets spending revenue and other budget
targets for the upcoming fiscal year. - CORRECT ANSWER-
Concurrent Resolution - April of each year
This is the process of estimating the budgetary effects of
pending legislation and comparing them to a baseline
such as a budget resolution or to any limits that may be
set in law. - CORRECT ANSWER-Scorekeeping
What data does scorekeeping track? - CORRECT ANSWER-
budget authority, receipts, outlays, surplus or deficit, and
the public debt
No money shall be drawn from the Treasury, but in the
Consequence of Appropriations made by law. - CORRECT
ANSWER-Article 1, Section 9
What give Congress the authority to make laws? -
CORRECT ANSWER-Article 1, Section 8 of the Constitution
, The final step after the Conference Committee Resolution
after a measure has been passed in identical form by both
the House andSenate, it is considered to be what? -
CORRECT ANSWER-"Enrolled" (then sent to the president)
Who reviews the constitution for interpretation of the
constitution? - CORRECT ANSWER-Supreme Court
Who has the power to raise taxes given in Article 1 of the
Constitution? - CORRECT ANSWER-Congress (Legislative
Branch)
What does the Congress of the US consist of? - CORRECT
ANSWER-Senate (6 yrs); House (2 yrs)
All bills for raising Revenue shall originate where? But the
Senate may propose or concur with Amendments as on
other Bills. - CORRECT ANSWER-House of Representative
