CDFM MODULE 1,MODULE 2,MODULE 3 AND MODULE 4
EXAM REAL EXAM QUESTIONS AND CORRECT
ANSWERS(DETAILED ANSWERS)
How many branches of government did the Constitution establish? - ANSWER: Three
What was the predecessor to the Constitution? - ANSWER: Articles of Confederation
Where are all laws enacted? - ANSWER: Congress
In which article of the Constitution is the power to raise taxes found? - ANSWER: One
What occurs when Congress is not in session and the President does not sign a bill in
10 days? - ANSWER: Pocket Veto
What percentage of the Gross Domestic Product (GDP) of the US will the Federal
Spending represent in FY 12? - ANSWER: Twenty-three percent
Approximately what percent of total Federal spending is discretionary spending? -
ANSWER: Thirty-six percent
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)
What is the name of the committees that attempt to resolve difference between
House and Senate versions of a bill? - ANSWER: Conference Committee (the Third
Chamber)
Which agency issues directions for use by other agencies in submitting their budget?
- ANSWER: Office of Management and Budget (OMB)
What type of legislation provides an agency with budget authority? - ANSWER:
Appropriation Acts provides budget authority
What term is used to describe a subdivision of an apportionment? - ANSWER:
Allotment
What agency issues apportionment? - ANSWER: Office of Management and Budget
(OMB)
Which branch of government conducts hearings on the effectiveness of government
programs? - ANSWER: Legislative Branch (Congress)
EXAM REAL EXAM QUESTIONS AND CORRECT
ANSWERS(DETAILED ANSWERS)
How many branches of government did the Constitution establish? - ANSWER: Three
What was the predecessor to the Constitution? - ANSWER: Articles of Confederation
Where are all laws enacted? - ANSWER: Congress
In which article of the Constitution is the power to raise taxes found? - ANSWER: One
What occurs when Congress is not in session and the President does not sign a bill in
10 days? - ANSWER: Pocket Veto
What percentage of the Gross Domestic Product (GDP) of the US will the Federal
Spending represent in FY 12? - ANSWER: Twenty-three percent
Approximately what percent of total Federal spending is discretionary spending? -
ANSWER: Thirty-six percent
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)
What is the name of the committees that attempt to resolve difference between
House and Senate versions of a bill? - ANSWER: Conference Committee (the Third
Chamber)
Which agency issues directions for use by other agencies in submitting their budget?
- ANSWER: Office of Management and Budget (OMB)
What type of legislation provides an agency with budget authority? - ANSWER:
Appropriation Acts provides budget authority
What term is used to describe a subdivision of an apportionment? - ANSWER:
Allotment
What agency issues apportionment? - ANSWER: Office of Management and Budget
(OMB)
Which branch of government conducts hearings on the effectiveness of government
programs? - ANSWER: Legislative Branch (Congress)