areas of the EDFMTC book - fiscal law
will be in the test, but will be its own
set. Government Resource
Management Environment (30.4%);
Manpower Management (12.2%);
Enterprise Risk Management and
Internal Controls (20.3%); Fiscal Law
(37.1%; separate set) * Indicates review
questions from the book ~ Indicates
key questions or terms you should pay
closer attention to)2023
*How many branches of Government did the Constitution establish? - Answer Three
- Legislative Branch (Article I), Executive Branch (Article II), and Judicial Branch
(Article III)
*What was the predecessor to the Constitution? - Answer Articles of Confederation
*Where are all Federal-level laws enacted? - Answer Congress
*In which article of the Constitution is the power to raise taxes found? - Answer
Article I
*What occurs when Congress is not in session and the President does not sign a
properly-presented, enrolled bill within 10 days? - Answer Pocket Veto
*How frequently does Congress review the DoD budget request? - Answer Annually
*Approximately what percent of total federal spending is discretionary spending? -
Answer Thirty percent (30%)
*Which branch of Government implements laws? - Answer Executive Branch
*Which branch of Government is authorized to raise taxes and borrow money? -
Answer Legislative Branch (Congress)
*Which committee attempts to resolve differences between the House and Senate
version of a bill? - Answer Conference Committee, sometimes referred to as "the
Third Chamber"
,CDFM Module 1(The three competency
areas of the EDFMTC book - fiscal law
will be in the test, but will be its own
set. Government Resource
Management Environment (30.4%);
Manpower Management (12.2%);
Enterprise Risk Management and
Internal Controls (20.3%); Fiscal Law
(37.1%; separate set) * Indicates review
questions from the book ~ Indicates
key questions or terms you should pay
closer attention to)2023
*Which agency issues directions for use by other agencies in submitting their budget
estimates? - Answer Office of Management and Budget (OMB)
*What type of legislation provides an agency with budget authority? - Answer
Appropriation Acts provide budget authority
*What term is used to describe a subdivision of an apportionment - Answer Allotment
*What agency issues apportionments? - Answer Office of Management and Budget
(OMB)
*Which branch of Government conducts hearings on the effectiveness of
Government programs? - Answer Legislative Branch (Congress)
*In the federal budget process, which organizations actually prepare budget
estimates? - Answer Federal Agencies
*What is the largest single source of Federal Government tax revenues? - Answer
Individual Income Taxes (50% in 2020)
*What are requests for funds in addition to amounts already appropriated called? -
Answer Supplemental;
if funds have not been appropriated yet then a Budget Amendment would be
submitted instead of a Supplemental Request
*What financial control document is issued by the Treasury Department following the
signature of the Appropriations Act? - Answer Appropriation Warrant
, CDFM Module 1(The three competency
areas of the EDFMTC book - fiscal law
will be in the test, but will be its own
set. Government Resource
Management Environment (30.4%);
Manpower Management (12.2%);
Enterprise Risk Management and
Internal Controls (20.3%); Fiscal Law
(37.1%; separate set) * Indicates review
questions from the book ~ Indicates
key questions or terms you should pay
closer attention to)2023
*What term describes a postponement in the use of appropriated funds? - Answer
Deferral
*What term describes a cancellation of appropriated funds? - Answer Rescission
*After the DoD Appropriations Bill is signed into law, what does DoD request from
OMB? - Answer Apportionment
*An administrative reservation of funds is known as what? - Answer Commitment
*What gives a Federal agency the legal authority to operate a program? - Answer
Authorization Legislation
*Article 1, Section 8, Clause 1, of the U.S. Constitution empowers which branch of
the Federal Government to Collect Taxes? - Answer The Legislative Branch
*Where can the rules for calculating FTE employment be found? - Answer OMB
Circular A-11
*What term is used to refer to the totality of units in a DoD component? - Answer
Force Structure
*What term is used to refer to the 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 FYDP? - Answer Peacetime Strength
*What process involves assembling, organizing, and using manpower and material
resources in preparation for war or other emergency? - Answer Mobilization