CDFM Module 1 Exam with complete solutions

CDFM Module 1 -Exam with complete solutions Federal Budget - President's Budget 1974 Congressional Budget Act - Requires that the President submits the budget to Congress by the first Monday in February OMB Circular A-11 - Governs the budget formulation process Pocket Veto - If Congress is adjourned and the President fails to sign a bill during the 10 day period, that bill does not become law. Enrolled - After a measure has been passed in identical form by both the House and Senate Conference Committees - Very powerful and have often been referred to as 'the third chamber of the Congress Engrossed Bill - After a bill has passed one body (House or Senate) Joint Resolutions - May originate in the House or Senate. If originating in the House is designated "H.J.Res". If originating in the Senate is designated "S.J.Res". Article 1 of Constitution - Established the Legislative Branch- Congress. Powers to raise taxes, borrow money, regulate commerce, conscript forces, declare war, and raise and support armies. Legislative, Judicial, Executive - The three Branches of the government that the Constitution established Articles of Confederation - Predecessor to the Constitution Congress - Where Laws are Enacted Article 1 - The part of the Constitution that gives power to raise taxes. Legislative, Judical, Executive - The Constitution create what the branches of the government.? Article 1 Section 8 - Gives Congress the authority to make all laws which shall be necessary and proper for carrying into Exectuion. 23% - The percentage of Gross Domestic Product (GDP) that is Federal Spending in FY12 36% - Percentage (%) of Federal spending this discretionary spending Executive Branch - Branch of government that implements laws Legislative Branch (Congress) - Branch of government that is authorized to raise taxeds and borrow money Conference Committee - Committees that attempt to resolve differences between the House and Senate versions of bills, sometimes called the 'Third Chamber' Office of Management and Budget (OMB) - An Agency that issues directions for use by other agencies in submitting their budget estimates Appropriations Acts - Provides budgetary authroity Allotment - Subdivision of an Apportionment OMB - Issues approtionments Legislative Branch - Branch of the government that conducts hearings on the effectiveness of government programs, also known as Congress. Federal Agencies - The organizations that actually prepare budget estimates in the Federal budget process Individual Income Taxes - The largest single source of Federal government tax revenues Supplemental - Requests for funds in addition to amounts already appropriated Appropriation Warrant - Document issued by the Treasury Department following the signature of the Appropriations Act Deferral - Postponement in the use of appropriated funds Recession - Cancellation of appropriated funds Apportionment - DoD requests this after the appropriation is signed into law Commitment - An administrative reservation of funds Authorization Legislation - Gives a Federal agency the legal authority to operate a program Performance Audit - When a Service Secretary asks his internal audit organization to review a program to determine if it is using its resources efficiently OMB A-11 - Where rules for calculating FTE employment can be found Force Structure - Total units in a DoD component Peacetime Strength - Authorized and programmed strength at the end of the fiscal year for the active forces, the Selected Reserve, and appropriated-fund civilian employees in the Future Years Defense Plan (FYDP) Mobilization - Process that involves assembling, organizing, and using manpower and material resources in preparation for war or other emergency 365 Days - The maximum number of days that units of the Selected Reserve, and members of the Individual Ready Reserve may be ordered to active duty (other than for training) without the consent of Congress. Emergency Essential Employee - A civilian who could be deployed to a crisis area Inherently Governmental - Activities that are excluded from competition under OMB Circular A-76