CDFM MODULE 3.1 FISCAL LAW Exam
with complete solutions
FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS
- ANSWER PURPOSE TIME AMOUNT
IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY
RENDERED BY - ANSWER DOD GENERAL COUNSEL, COURTS
BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT - ANSWER
APPROPRIATIONS, CONTRACT AUTHORITY, BORROWING AUTHORITY,
MONETARY CREDITS, OFFSETTING COLLECTIONS AND RECEIPTS, LOAN AND
LOAN GUARANTEE AUTHORITY
ANNUAL APPROPRIATIONS REMAIN AVAILABLE FOR NEW OBLIGATIONS FOR -
ANSWER NEW OBLIGATIONS FOR ONE FY
OM IS AND EXAMPLE OF WHAT APPROPRIATION - ANSWER ANNUAL
RDTE IS AND EXAMPLE OF WHAT APPROPRIATION - ANSWER MULTI YEAR
BUDGET AUTHORITY DOES NOT EXPIRE IN WHAT TYPE OF APPROPRIATION -
ANSWER NO YEAR
ARTICLE 1, SECTION 9 OF US CONST GIVES THE POWER TO APPROPRIATE
FUNDS FOR OPERATING THE GOVT TO WHAT BRANCH - ANSWER LEGISLATIVE
LAW ESTABLISHED THE HOUSE AND SENATE BUDGET COMMITTEES AND THE
CONGRESSIONAL BUDGET OFFICE - ANSWER CONGRESSIONAL BUDGET ACT
OF 1974
THREE TESTS THAT MUST BE MET FOR USE OF THE NECESSARY EXPENSE
DOCTRINE - ANSWER LOGICAL RELATIONSHIP, NOT PROHIBITED BY LAW , NOT
FUNDED ELSEWHERE
DETERMINE TO BE ACCOUNTABLE INDIVIDUALS IN DOD - ANSWER CERTIFYING
AND DISBURSING OFFICERS AND DEPARTMENTAL ACCOUNTABLE OFFICIALS
WHO GRANTS RELIEF OF LIABILITY TO A CERTIFYING OFFICER FOR
ERRONEOUS OR ILLEGAL PAYMENTS IN DOD - ANSWER DFAS
, WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW
OBLIGATIONS FOR MORE THAN ONE FISCAL YEAR - ANSWER MULTI YEAR
AUTHORITY
WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW
OBLIGATIONS UNTIL THE PURPOSE FOR WHICH IT WAS PROVIDED IS CARRIED
OUT - ANSWER NO YEAR AUTHORITY
WHAT TYPE OF CONGRESSIONAL RESOLUTION CAN BE THOUGHT OF AS A
TEMPORARY APPROPRIATION ACT - ANSWER CONTINUING RESOLUTION
IF CONTRACTING OFFICER SIGNS A CONTRACT IN ADVANCE OF AN
APPROPRIATION WHAT TYPE OF VIOLATION HAS OCCURRED - ANSWER ANTI
DEFICIENCY ACT
WHAT AGENCY APPORTIONS FUNDS FOR WORKING CAPITAL FUND? - ANSWER
OMB
ARTICLE 1, SECTION 7 - ANSWER EMPOWERS CONGRESS TO PASS BILLS FOR
RAISING REVENUE AND DELINEATES HOW BILLS WILL PASS
ARTICLE 1, SECTION 8 - ANSWER EMPOWERS CONGRESS TO COLLECT TAXES
ARTICLE 1, SECTION 9 - ANSWER REQUIRES APPROPRIATION IN LAW BEFORE
MONEY MAY BE SPENT FORM THE TREASURY.
RED BOOK - ANSWER PRINCIPLES OF FEDERAL APPROPRIATIONS LAW BY
GAO
TWO ADDITIONAL PRINCIPLES TO RED BOOK - ANSWER SPECIFIC OVER
GENERAL APPROPRIATIONS , DO NOT DO INDIRECTLY WHAT YOU CANNOT DO
DIRECTLY
BUDGET AND ACCOUNTING ACT OF 1921 - ANSWER REQUIRED PRESIDENT TO
SUBMIT ANNUAL BUDGET TO CONGRESS FOR ALL THREE BRANCHES OF
GOVT, CREATED A BUDGET OFFICE FOR THE PRESIDENT OMB, ESTABLISHED
GENERAL ACCOUNTING OFFICE GAO
31 USC 1301 - ANSWER PURPOSE
31 USC 1502 - ANSWER TIME
31 USC 1341, 1342, 1517 - ANSWER AMOUNT
FUNDS MAY BE OBLIGATED AND EXPENDED ONLY FOR THE PURPOSES
AUTHORIZED IN THE APPROPRIATION - ANSWER PURPOSE
with complete solutions
FEDERAL APPROPRIATIONS LAW CAN BE CATEGORIZED INTO WHICH 3 AREAS
- ANSWER PURPOSE TIME AMOUNT
IN DOD FINAL DECISIONS ON FISCAL LAW QUESTIONS ARE OFFICIALLY
RENDERED BY - ANSWER DOD GENERAL COUNSEL, COURTS
BASIC TYPES OF BUDGET AUTHORITY USED IN FEDERAL GOVT - ANSWER
APPROPRIATIONS, CONTRACT AUTHORITY, BORROWING AUTHORITY,
MONETARY CREDITS, OFFSETTING COLLECTIONS AND RECEIPTS, LOAN AND
LOAN GUARANTEE AUTHORITY
ANNUAL APPROPRIATIONS REMAIN AVAILABLE FOR NEW OBLIGATIONS FOR -
ANSWER NEW OBLIGATIONS FOR ONE FY
OM IS AND EXAMPLE OF WHAT APPROPRIATION - ANSWER ANNUAL
RDTE IS AND EXAMPLE OF WHAT APPROPRIATION - ANSWER MULTI YEAR
BUDGET AUTHORITY DOES NOT EXPIRE IN WHAT TYPE OF APPROPRIATION -
ANSWER NO YEAR
ARTICLE 1, SECTION 9 OF US CONST GIVES THE POWER TO APPROPRIATE
FUNDS FOR OPERATING THE GOVT TO WHAT BRANCH - ANSWER LEGISLATIVE
LAW ESTABLISHED THE HOUSE AND SENATE BUDGET COMMITTEES AND THE
CONGRESSIONAL BUDGET OFFICE - ANSWER CONGRESSIONAL BUDGET ACT
OF 1974
THREE TESTS THAT MUST BE MET FOR USE OF THE NECESSARY EXPENSE
DOCTRINE - ANSWER LOGICAL RELATIONSHIP, NOT PROHIBITED BY LAW , NOT
FUNDED ELSEWHERE
DETERMINE TO BE ACCOUNTABLE INDIVIDUALS IN DOD - ANSWER CERTIFYING
AND DISBURSING OFFICERS AND DEPARTMENTAL ACCOUNTABLE OFFICIALS
WHO GRANTS RELIEF OF LIABILITY TO A CERTIFYING OFFICER FOR
ERRONEOUS OR ILLEGAL PAYMENTS IN DOD - ANSWER DFAS
, WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW
OBLIGATIONS FOR MORE THAN ONE FISCAL YEAR - ANSWER MULTI YEAR
AUTHORITY
WHAT TYPE OF BUDGETARY RESOURCE REMAINS AVAILABLE FOR NEW
OBLIGATIONS UNTIL THE PURPOSE FOR WHICH IT WAS PROVIDED IS CARRIED
OUT - ANSWER NO YEAR AUTHORITY
WHAT TYPE OF CONGRESSIONAL RESOLUTION CAN BE THOUGHT OF AS A
TEMPORARY APPROPRIATION ACT - ANSWER CONTINUING RESOLUTION
IF CONTRACTING OFFICER SIGNS A CONTRACT IN ADVANCE OF AN
APPROPRIATION WHAT TYPE OF VIOLATION HAS OCCURRED - ANSWER ANTI
DEFICIENCY ACT
WHAT AGENCY APPORTIONS FUNDS FOR WORKING CAPITAL FUND? - ANSWER
OMB
ARTICLE 1, SECTION 7 - ANSWER EMPOWERS CONGRESS TO PASS BILLS FOR
RAISING REVENUE AND DELINEATES HOW BILLS WILL PASS
ARTICLE 1, SECTION 8 - ANSWER EMPOWERS CONGRESS TO COLLECT TAXES
ARTICLE 1, SECTION 9 - ANSWER REQUIRES APPROPRIATION IN LAW BEFORE
MONEY MAY BE SPENT FORM THE TREASURY.
RED BOOK - ANSWER PRINCIPLES OF FEDERAL APPROPRIATIONS LAW BY
GAO
TWO ADDITIONAL PRINCIPLES TO RED BOOK - ANSWER SPECIFIC OVER
GENERAL APPROPRIATIONS , DO NOT DO INDIRECTLY WHAT YOU CANNOT DO
DIRECTLY
BUDGET AND ACCOUNTING ACT OF 1921 - ANSWER REQUIRED PRESIDENT TO
SUBMIT ANNUAL BUDGET TO CONGRESS FOR ALL THREE BRANCHES OF
GOVT, CREATED A BUDGET OFFICE FOR THE PRESIDENT OMB, ESTABLISHED
GENERAL ACCOUNTING OFFICE GAO
31 USC 1301 - ANSWER PURPOSE
31 USC 1502 - ANSWER TIME
31 USC 1341, 1342, 1517 - ANSWER AMOUNT
FUNDS MAY BE OBLIGATED AND EXPENDED ONLY FOR THE PURPOSES
AUTHORIZED IN THE APPROPRIATION - ANSWER PURPOSE
