CERTIFIED DEFENSE FINANCIAL MANAGER
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Terms in this set (487)
What was the predecessor Articles of Confederation
to the Constitution?
Where are Federal-Level Congress
laws enacted?
What Article, Section and Article 1, Section 8, Clause 1
Clause empowers
Congress to collect taxes
What occurs when the Pocket Veto
President does not sign an
enrolled bull within 10
days?
Which branch of Executive
government implements
laws?
Approximately what 30%
percent of federal
spending is discretionary?
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How frequently does Annually
congress review the DoD
budget request?
Who attempts to resolve Conference Committee
differences between the
House and Senate
versions of a bill?
Which agency issues OMB
direction for submitting
budget estimates?
What type of legislation Appropriation Acts
provides an agency with
budget authority?
What term is used to Allotment
describe a subdivision of
an apportionment?
What agency issues OMB
apportionments?
Which branch of Legislative
government conducts
hearings on the
effectiveness of
government programs?
In the federal budget Agencies
process, who is
responsible for submitting
budget estimates?
What is the largest source Individual Income Taxes
of federal government tax
revenue?
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What are requests for Supplemental
funds in addition to
amounts already
appropriated?
What financial control Appropriations Warrant
document is issued by the
Treasury Department
following signature of the
Appropriations Act?
What term describes a Deferral
postponement in the use
of appropriated funds?
What term describes a Rescission
cancellation of
appropriated funds?
After the DoD Apportionment
Appropriations Bill is
signed into law, what does
DoD request from OMB?
A legal reservation of Obligation
funds in known as what?
What term is used to Fiduciary Certification
identify a certification
provided to a KO from the
comptroller authorizing
Purpose, Time and
Amount?
A fiduciary certification is Commitment
the basis for what?
Amount of money available to an organization for
Define Budget Authority
obligation
Funds that have actually been moved from the
Define Outlays
Federal Treasury
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1. Administrative control of funds
Monitoring requirements
2. Reporting results
in budget execution
3. Assessment of applicability of results
involves:
4. Supply of financial info to DoD managers
Who conducts both Government Accountability Office (GAO)
financial and program
audits to ensure the
integrity of programs?
The Government Performance planning/reporting
Performance and Results
Act requires budget
formulation be based on
what?
The 1921 Budget and OMB, GAO and the Comptroller General
Accounting Act was was
responsible for the
creation of what?
What Act requires the 1921 Budget and Accountability Act
President to submit an
annual budget proposal
to Congress?
What act established 1985 Balanced Budget and Emergency Deficit Act
sequestration?
What Act established the 1990 Budget Enforcement Act
pay-as-you-go (PAYGO)
for entitlements
What are the 1985 and Gramm-Rudman-Hollings Acts
1987 Balanced Budget
Acts ofter referred to as?
Strategic Planning
GPRA requires what three
Performance Planning and Goal Setting
things?
Performance Reporting
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