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CDFM Module 1 Competency 1: Government Resource Management Environment (30.4%), CDFM Exam 1 (Mod 1,2,3)-Graded A

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CDFM Module 1 Competency 1: Government Resource Management Environment (30.4%), CDFM Exam 1 (Mod 1,2,3)-Graded A

Institution
CDFM - Certified Defense Financial Manager
Course
CDFM - Certified Defense Financial Manager

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CDFM Module 1 Competency 1:
Government Resource Management
Environment (30.4%), CDFM Exam 1
(Mod 1,2,3)-Graded A

Preceeded the Constitution - ANS-Article of Confederation

Influence on Articles of Confederation - ANS-Constitution of individual states and the
principles underlying the Declaration of Independence

Essential Principle of the Constitution - ANS-Government must be confined to the rule
of law

The Constitution, Article 1, Section 8 of the Constitution - ANS-Congress shall have the
authority "To make all laws which shall be necessary and proper for carrying into
Execution (various powers allotted to the Federal Government by the Constitution)

The Preamble - ANS-We the People of the United States, in order to form a more
perfect Union, establish Justice, insure domestic Tranquility, provide for the common
defense [sic], promote the general Welfare, and secure the Blessings of Liberty to
ourselves and our Posterity, do ordain and establish this Constitution of the United
States of America

1921 Budge and Accounting Act: effect on Article I (Legislative) - ANS-Creation of GAO
and OMB

1921 Budge and Accounting Act: effect on Article II (Executive) - ANS-President
required to submit budget

1974 Congressional Budget and Impoundment Control Act: effect on Article I
(Legislative) - ANS-- Created the Congressional Budget Office (CBO)
- House/Senate budget committee --> create Concurrent Budget Resolution (CBR)
- Deferrals and Decisions

The Constitution, Article I, Section 7 - ANS-All bills for raising Revenue shall originate in
the House of Representatives, but the Senate may propose or concur with Amendments
as on other bills

,House Ways and Means Committee - ANS-The House of Representatives committee
that, along with the Senate Finance Committee, writes the tax codes, subject to the
approval of Congress as a whole.

Origination Clause - ANS-If bill is going to spend the "the people's" money it most
origante from the house

Pocket Veto - ANS-Congress is not in session and the President does not sign a
properly-presented enrolled bill within 10 days

The Constitution, Article I, Section 9 (Congressional Power of the Purse) - ANS-No
Money Shall be drawn from the Treasury, but in Consequence of Appropriations made
by law

The Constitution, Article II, Section 2 - ANS-- President shall be the Commander and
Cheif

- Shall have the Power to Grant Repreives and Pardons for Offense against the United
States, EXCEPT in cases of impeachment

- Shall have the Power, by and with the Advice and Consent of the Senate to make
Treaties, provided two thirds of the Senators concur

The Constitution, Article III, Section 1 - ANS-The Judicial Power of the United States,
shall be vested in one Supreme Court and in such inferior Courts as CONGRESS may
form time to time ordain and establish

The Supreme Court is the __________ ruling authority for all coursts as they pertain to
__________ law or states laws that __________ with Federal Law - ANS-final; Federal;
conflict

How to calculate when congressional session ends - ANS-(Current Session *2 ) + 1789
(1st Congress)

New Congressionals session starts on _________________ - ANS-3 Jan @1200

A new Congress convenes for _________ years following the Novemeber general
election; it consists of ________ sessions, each _______ year in duration - ANS-two;
two; one

Bills - ANS-Legislative proposals of a general nature. A bill may propose either a public
or private matter, but both are numbered in the same sequence

Joint Resolutions - ANS-- Little practicle difference between bills
- Subject to the same procedure as bills
- Become law as the same manner as bills

, - Used to consider a proposed amendment to the constitution

Article 5 of the constitution states Congress may propose such amendments upon
_____ votes of both House and Senate - ANS-2/3s

Concurrent Resolutions _____________ the president's signature - ANS-Do not require

Hopper - ANS-A box where members of congress place proposed bills

Appropriation Bill Steps - ANS-1. Bill introduced to the House
2. Referred to the Appropriations Committees
3. Committe adopts bill
4. House adopts bill
5. Similiar process takes place in the Senate
6. Conference Committee resolves the differences between the House and Senate
versions of the bill
7. House and Senate pass bill in indentical form
8. President signs the bill

Engrossed Bill - ANS-After a bill have passed one body (House or Senate)

Third Chamber - ANS-Conference Committee

In a Conference Committe the House and Senate vote as a ________ meaning each
chamber only has ________ vote - ANS-unit; one

Enrolled Bill - ANS-A bill that passed both in identical form in both the Hosue and
Senate

1996 Line Item Veto Act - ANS-Vetoing certain items of a bill (rulled unconstitutional)

- Line Item Veto Authority was briefly granted by the Line Item Veto Act (1996) and used
by President Clinton until it was declared unconstitutional in 1998.
- Based on this ruling, the President has to either accept legislation in its entirety or veto
it in its entirety.

The 1974 Congressional Budget and Impoundment Control Act requires the President
to submit to Congress the proposed budget for the next FY by __________________ -
ANS-The first Monday of February

Six Major Steps in the budget formulation phase - ANS-1. OMB issues guidance
2. Organization develops draft
3. Agency submits budget estimates to OMB
4. OMB holds hearings on Agency budget
5. President makes final decision on Agency budgets
6. President transmits the budget to Congress

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Institution
CDFM - Certified Defense Financial Manager
Course
CDFM - Certified Defense Financial Manager

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