Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

CLG 001 Fiscal Law Questions /ANSWERS LATEST 2022

Rating
-
Sold
-
Pages
12
Grade
A+
Uploaded on
18-04-2022
Written in
2021/2022

QUE ST ION 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. 20 points QUE ST ION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a computer system that the Post Engineer will use to track work orders and inventory. This $15,000 computer system is readily available within a few days from any of several local vendors. The Post Engineer intends to place the system in a warehouse for which construction will begin in December 2010. The contract cites FY 2010, Operations and Maintenance, Army (OMA) funds. What should you advise the contracting officer? The contracting officer may award the contract citing FY 2010 OMA funds. Obligating funds in July 2010 will not violate the Antideficiency Act. The Post Engineer, however, may not pay for the system until the warehouse is completed. Because the Post Engineer will use the system to perform installation operations, and because the "lead time" exception clearly permits use of FY 2010 funds for the system, the contract award is proper. The contracting officer should not award this contract. To do so would violate the bona fide needs rule. Award now is proper if the installation later obtains Procurement funds to replace the funds obligated for the computer system. None of the above. 20 points QUE ST ION 3 1. If a particular expenditure is not provided for by Congress, in order to meet the requirements of the Purpose Statute, 31 U.S.C. § 1301, the expenditure must be necessary and incident to the proper execution of the general purpose of the appropriation. The GAO has created a threepart test to determine whether an expenditure is a “necessary expense” of an appropriation. Which of the following IS NOT part of the three-part purpose test? The expenditure must be nec

Show more Read less
Institution
Course

Content preview

CLG 001 Fiscal Law Questions
i i i i




Q U E S TI O N i 1

1. i Which iof ithe ifollowing iis ia icorrect istatement iof iFiscal iLaw iPhilosophy:

iiii i If ithe ilaw iis isilent ias ito iwhether ia ipurchase ican ibe imade, iit iis
i probably isafe ito ispend iappropriated ifunds.
i i i i i Expenditure i of i appropriated i funds i is i proper i only i when i authorized

ib y iCongress.


i i i i i If ithe i commander isays ibuy i it, idon’t iworry i about iFiscal iLaw

iRegulations.


i i i i i Absent i a i specific i prohibition, i expending i appropriated i funds i is

ip ermitted.

20 ipoints
Q U E S TI O N
i 2




1. It iis iJuly i2010. iThe icontracting iofficer iat iFort iMason iis iabout ito iaward ia
icontract ifor ia icomputer isystem ithat i the iPost iEngineer iwill iuse i to itrack

iwork i orders i and i inventory. i This i $15,000 icomputer i system iis i readily

iavailable i within ia i few idays i from iany iof i several ilocal i vendors. i The iPost

iEngineer iintends i to iplace ithe i system iin i a iwarehouse i for i which

iconstruction i will i begin i in i December i2010. i The i contract i cites i FY i 2010,

iOperations i and i Maintenance, i Army i (OMA) i funds. i What i should i you

iadvise ithe icontracting iofficer?




iiii i The icontracting iofficer imay iaward i the icontract iciting iFY i2010 iOMA
ifunds. iObligating ifunds iin iJuly i2010 iwill inot iviolate ithe

iAntideficiency iAct. iThe iPost iEngineer, ihowever, imay inot ipay ifor ithe

isystem iuntil ithe iwarehouse iis icompleted.


i i i i i Because i the iPost iEngineer iwill iuse ithe isystem i to iperform

iinstallation ioperations, i and i because ithe i"lead i time" i exception

iclearly i permits i use i of i FY i 2010 i funds i for i the i system, i the i contract

iaward iis iproper.


i i i i i The icontracting iofficer ishould inot iaward ithis icontract. iTo ido isoiwould

iviolate ithe ibona ifide ineeds irule.


i i i i i Award inow iis iproper iif ithe iinstallation ilater iobtains iProcurement

ifunds i to ireplace ithe i funds i obligated ifor ithe i computer i system.


i i i i i None i of i the i above.


20 ipoints
Q U E S TI O N
i 3




1. If ia iparticular iexpenditure iis inot iprovided ifor iby iCongress, iin iorder ito
imeet ithe irequirements iof ithe iPurpose iStatute, i31 iU.S.C. i§ i1301, ithe

iexpenditure imust i be i necessary i and i incident i to i the i proper i execution i of

ithe i general i purpose iof i the i appropriation. i The iGAO i has i created ia i three-

ip art itest ito idetermine iwhether ian iexpenditure iis ia i“necessary

, CLG 001 Fiscal Law Questions
i i i i




expense” iof ian iappropriation. iWhich iof ithe ifollowing iIS iNOT ipart iof ithe
ithree-part ipurpose itest?




iiiiiiiiiii The i expenditure i must i be i necessary i and i incident i to i the i purposes
of ithe iappropriation.
i


i i i i i i i i i i iThe iexpenditure imust inot ibe iprohibited iby ilaw. i


The icomptroller imust icertify ithe ifunds.
i i i i i i i i i ii


iiiiiiiiiii The iexpenditure imust inot ibe iotherwise iprovided ifor.
20 ipoints
Q U E S TI O N
i 4




1. It iis i14 iSeptember i2010 iand iFort iTJAGLCS istill ihas i$4000 iin iFY i2010
i Operations i and i Maintenance, i Army i appropriations i that i it i "needs" i to

ispend. i MAJ i I.M. iThemann, i the i Supply i Officer i at i TJAGLCS, i has i a i brilliant

iidea. iAt i a i recent i union i meeting, i several iemployees i complained i about

ithe itaste iof ithe icold ibrown iwater icoming iout iof iseveral iwater ifountains.

iThe icold ibrown iwater, ihowever, iis inot iunhealthy, iunsafe, iunpotable, i or

i unwholesome. i MAJ i Themann i decides i Fort i TJAGLCS ishould i get i water

i coolers i to i use i as i substitutes i for ithe i water i fountains. iBy i calling i local

i vendors, i he i determines i $3600 i is i enough i money i to i pay ifor ione iyear iof

iwater idelivery iservice i(five iwater icoolers iand iten i5- igallon icontainers iof

iwater i for i each iof ithose iwater icoolers i each imonth).iMAJ iThemann ihas

istopped iby i your ioffice ito idetermine ihow ito i execute ithis i brilliant iidea

i and i whether i he i has i the i right i money i to i use. i He i wants ithe ibottled iwater

idelivery iservices ito icommence itomorrow, i15 iSeptember i 2010, i and i to

i last i through i 14 i September i 2011. i What i do i youitell ihim?




iiii i Use i of i FY i 2010 i Operations i and i Maintenance, i Army i appropriations
is iproper, iunder i10 iU.S.C. i§2410a, ito ibuy ithis ibottled iwater idelivery
i

iservice.


i i i i i Use i of ithe i FY i2010 i Operations i and iMaintenance, i Army

iappropriations i is i only i proper i to i cover i the i time i period i running i 15

iS eptember i 2010 i to i 30 i September i 2010. i Fort i TJAGLCS i must i fund

ithe i period i running i from i 1 i October i 2010 i to i 14 i September i 2011

iwith i FY i 2011 i Operations i and i Maintenance, i Army i Appropriations.


i i i i i Since i most iof i the i contract iperiod i is i FY i 2011, i this i is i clearly i a i bona

ifide i need i of i FY i 2011, i so iFort i TJAGLCS i must i use i FY i 2011 i Operations

i and i Maintenance, i Army i Appropriations i to i fund i the ientire

icontractual iperiod.


i i i i i Fort i TJAGLCS i may i not i use i appropriated i funds i of i any i kind i to i fund

ithe ipurchase iof ithe iwater ior ithe icoolers, iunder ithese ifacts.

20 ipoints
Q U E S TI O N i 5

Written for

Course

Document information

Uploaded on
April 18, 2022
Number of pages
12
Written in
2021/2022
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$15.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
academicmaster Chamberlain College Of Nursing
Follow You need to be logged in order to follow users or courses
Sold
773
Member since
6 year
Number of followers
676
Documents
5998
Last sold
2 days ago
MIDTERM & FINALS

Get all latest Quizzes, Test Banks, Midterm and Final Exams. Ace your Exams with My Papers Guaranteed to help you score A in everything.

3.9

111 reviews

5
60
4
16
3
16
2
7
1
12

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions