FISCAL LAW

Fiscal Law Final Exam answered- spring 2022. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixed- price contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUE...

Fiscal Law Final Exam answered- spring 2022. QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixed- price contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. QUE...

Fiscal law answers

USACE 101 Module 1 - FISCAL LAW EXAM QUESTIONS AND ANSWERS -ALL CORRECT

Comptrollers Fiscal Law - Module I & II Test - 100% Correct

Fiscal Law Final Exam (Version 2). Questions And Answers. Latest 2022.QUE ST ION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted....

Fiscal Law Final Exam, Questions And Answers. Latest 2022. QUE S T ION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False QUE S T ION 2 1. The proper amount of money to obligate at the award of a firm fixed- price contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s esti...

Fiscal Law Final Exam answered- spring 2022.

FISCAL LAW FINAL EXAM QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False 4 points QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. 4 points QUESTION 3 1. How lo...

FISCAL LAW FINAL EXAM QUESTION 1 1. It is appropriate for the Army to acquire lawn cutting services through the Project Order Statute. True False 4 points QUESTION 2 1. The proper amount of money to obligate at the award of a firm fixedprice contract is: The full amount of the contract. Nothing until the contractor performs the required work. Half of the total liability. A conservative amount based on the government’s estimated future requirements. 4 points QUESTION 3 1. How long does the Depa...