CDFM ACTUAL PAPER 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
⩥ Agencies are responsible for maintaining a system of accounting and
internal controls to avoid violations of the? Answer: 31 USC 1341, 1342,
and 1517 ADA
⩥ The 2 provisions of the US Constitution that provide the underpinning
for the budget process are? Answer: Article 1 Section 8 clause 1, Article
1 Section 9 clause 7
⩥ T/F? Article 2 section 8 empowers Congress to collect taxes and
Section 9 requires appropriations in law before money can be spent from
the Treasury? Answer: FALSE
⩥ The penalty for willfully and knowingly violating the Anti Deficiency
Act is? Answer: Up to 2 years and a $5,000 fine or both
⩥ Over obligation of an appropriation or funds and obligations or
contracts in advance of an appropriation is a violation of? Answer: 31
USC 1341a
,⩥ ________ appropriations is (are) no longer available for adjustments
or payments any adjustments will be charged to current same
appropriation (1% max)? Answer: Cancelled
⩥ Over-obligations of apportionments, allotments or other subdivision
of funds are a violation of? Answer: 31 USC 1517
⩥ T/F? Not knowingly or willfully committing a violation of the Anti-
Deficiency Act does not, by itself, justify a decision to not impose
disciplinary action against the individual? Answer: TRUE
⩥ It is the responsibility of the _____ to review and approve the agency
systems of administrative control of funds to prevent violations of the
Anti-Deficiency Act? Answer: OMB
⩥ Acceptance of voluntary service is a violation of? Answer: 31 USC
1342
⩥ Prescribe rules and procedures for budget execution. Many of the
specific provisions were previously enacted as Section 3679 of the
revised statutes also known as the Anti-Deficiency Act? Answer:
Chapters 13 and 15, 31 USC
⩥ The Basic substantive legislation enacted by Congress that sets up or
continues the legal operation of a Federal program or agency either
,indefinitely or for a specific time frame or sanctions a particular type of
obligation or expenditure within a program is? Answer: Authorization
⩥ T/F? For no year and unexpired multiyear contracts, apportioned
recoveries of prior year obligations are available for new obligations?
Answer: TRUE
⩥ Is the shift from one purpose or activity to another within the same
appropriations? Answer: Reprogramming
⩥ Is the shift from one purpose or activity to another between different
appropriations? Answer: Transfer
⩥ The Package that lists all of the reprogramming actions and all
sources and increases is the? Answer: Omnibus Reprogramming Request
⩥ The amount of obligational authority transferred from one agency
bureau or account that is set aside in a transfer appropriation account to
carry out the purpose of the parent appropriation is a (n)? Answer:
Allocations
⩥ The issuance of Treasury Warrants are the _____ ______ action taken
after the President signs the bill into law? Answer: 1st legal
, ⩥ The 3 Dimensions of Budget Resource Availability are? Answer:
Purpose, Time and Amount
⩥ ______is required for reprogramming that result in increases in
procurement quantities of major program end items, changes to
Congressional Interest Items in an Authorization Act, movement of
funds between appropriations involving General Transfer Authority?
Answer: Congressional Prior Approval
⩥ T/F? For expired accounts recoveries of prior year obligations are
available for new obligations incurred in current year? Answer: FALSE
⩥ The system that measures and controls the use of the resources
according to the purposes for which budget authority was enacted and
that records receipts and other collections by source? Answer: Budgetary
Accounting
⩥ ______ is (are) the authority provided by Federal law to incur
financial obligations that will result in immediate or future outlays.
Answer: Budget Authority
⩥ Are the reduction or cancellation of new budget authority; unobligated
balances, new loan guarantee commitments or limitations? Answer:
Sequestration appropriations
WITH SOLUTIONS GRADED A+
⩥ Agencies are responsible for maintaining a system of accounting and
internal controls to avoid violations of the? Answer: 31 USC 1341, 1342,
and 1517 ADA
⩥ The 2 provisions of the US Constitution that provide the underpinning
for the budget process are? Answer: Article 1 Section 8 clause 1, Article
1 Section 9 clause 7
⩥ T/F? Article 2 section 8 empowers Congress to collect taxes and
Section 9 requires appropriations in law before money can be spent from
the Treasury? Answer: FALSE
⩥ The penalty for willfully and knowingly violating the Anti Deficiency
Act is? Answer: Up to 2 years and a $5,000 fine or both
⩥ Over obligation of an appropriation or funds and obligations or
contracts in advance of an appropriation is a violation of? Answer: 31
USC 1341a
,⩥ ________ appropriations is (are) no longer available for adjustments
or payments any adjustments will be charged to current same
appropriation (1% max)? Answer: Cancelled
⩥ Over-obligations of apportionments, allotments or other subdivision
of funds are a violation of? Answer: 31 USC 1517
⩥ T/F? Not knowingly or willfully committing a violation of the Anti-
Deficiency Act does not, by itself, justify a decision to not impose
disciplinary action against the individual? Answer: TRUE
⩥ It is the responsibility of the _____ to review and approve the agency
systems of administrative control of funds to prevent violations of the
Anti-Deficiency Act? Answer: OMB
⩥ Acceptance of voluntary service is a violation of? Answer: 31 USC
1342
⩥ Prescribe rules and procedures for budget execution. Many of the
specific provisions were previously enacted as Section 3679 of the
revised statutes also known as the Anti-Deficiency Act? Answer:
Chapters 13 and 15, 31 USC
⩥ The Basic substantive legislation enacted by Congress that sets up or
continues the legal operation of a Federal program or agency either
,indefinitely or for a specific time frame or sanctions a particular type of
obligation or expenditure within a program is? Answer: Authorization
⩥ T/F? For no year and unexpired multiyear contracts, apportioned
recoveries of prior year obligations are available for new obligations?
Answer: TRUE
⩥ Is the shift from one purpose or activity to another within the same
appropriations? Answer: Reprogramming
⩥ Is the shift from one purpose or activity to another between different
appropriations? Answer: Transfer
⩥ The Package that lists all of the reprogramming actions and all
sources and increases is the? Answer: Omnibus Reprogramming Request
⩥ The amount of obligational authority transferred from one agency
bureau or account that is set aside in a transfer appropriation account to
carry out the purpose of the parent appropriation is a (n)? Answer:
Allocations
⩥ The issuance of Treasury Warrants are the _____ ______ action taken
after the President signs the bill into law? Answer: 1st legal
, ⩥ The 3 Dimensions of Budget Resource Availability are? Answer:
Purpose, Time and Amount
⩥ ______is required for reprogramming that result in increases in
procurement quantities of major program end items, changes to
Congressional Interest Items in an Authorization Act, movement of
funds between appropriations involving General Transfer Authority?
Answer: Congressional Prior Approval
⩥ T/F? For expired accounts recoveries of prior year obligations are
available for new obligations incurred in current year? Answer: FALSE
⩥ The system that measures and controls the use of the resources
according to the purposes for which budget authority was enacted and
that records receipts and other collections by source? Answer: Budgetary
Accounting
⩥ ______ is (are) the authority provided by Federal law to incur
financial obligations that will result in immediate or future outlays.
Answer: Budget Authority
⩥ Are the reduction or cancellation of new budget authority; unobligated
balances, new loan guarantee commitments or limitations? Answer:
Sequestration appropriations
