Cdfm module 2 exam 2023 Study guides, Class notes & Summaries

CDFM - MODULE 3 EXAM (4 DIFFERENT SUB MODULE 3.1 - 3.4) QUESTIONS AND CORRECT ANSWERS EACH SUB MODULE CONTAINS 100 QUESTIONS AND ANSWERS LATEST 2023-2024 CDFM MODULE 3.1 What is the basic axiom of Fiscal Law? - ANSWER- The established rule is that the expenditure of public funds is proper only when authorized by Congress, not that public funds may be expended unless prohibited by Congress. U.S. vs McCollum (1976) "Where can the most authoritative source of information on the proper use...

CDFM - Module 3 Final Exam Questions And Answers 2023 Latest Rated 100%. What are the three tests that must be met for use of the Necessary Expense doctrine? - Answer Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? - Answer The Defense Finance and Accounting Service (*DFAS*) (p. 3.1.51) What type of budgetary resources remains avai...

CDFM Module 3 Exam Prep Questions & Answers 2023, Complete Solution, Over 350 Questions And Answers What are the three tests that must be met for use of the Necessary Expense doctrine? Must bear a logical relationship Not prohibited by law Not funded elsewhere (p 3.1.17) Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? The Defense Finance and Accounting Service (DFAS) (p. 3.1.51) What type of budgetary resources rem...

CDFM MODULE 1 2023 Exam Questions with Complete Solutions What prevents Congress and the President from unilaterally making laws and treaties? - ANSWER Separation of Power What give Congress the authority to make laws? - ANSWER Article 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? - ANSWER Supreme Court Who has the power to raise taxes given in Article 1 of the Constitution? - ANSWER Congress (Legislative Branch) What does the ...

1. A line chart is called what?: Frequency Polygon 2. What acquisition process category(s) has an independent cost estimate performed (by CAPE, in OSD) and prepared to check the accuracy and objectivity of the estimate?: ACAT 1 & ID 3. PPBE Planning Phase provides information to who?: SECDEF 4. What are the 3 Quantifiable Benefits?: (1) Cost Savings (2) Cost Avoidance (3) Productivity Improvement 5. Who/Where are Integrated Priority Lists submitted to?: (1) SECDEF (2) Chairmain of Joint C...

CDFM MODULE 1 2023 Exam Questions with Complete Solutions What prevents Congress and the President from unilaterally making laws and treaties? - ANSWER Separation of Power What give Congress the authority to make laws? - ANSWER Article 1, Section 8 of the Constitution Who reviews the constitution for interpretation of the constitution? - ANSWER Supreme Court Who has the power to raise taxes given in Article 1 of the Constitution? - ANSWER Congress (Legislative Branch) What does the ...

CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024 Federal appropriations law can be categorized into which three topical areas? Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Collecti...

CDFM - Module 3 Exam Study Questions & Answers, 180 Questions And Answers 2023/2024 Federal appropriations law can be categorized into which three topical areas? Purpose, Time and Amount In the Department of Defense, final decision of fiscal law questions are "officially" rendered by whom? DoD General Counsel, Courts What are the basic types of budget authority used in the Federal Government? Appropriations Contract Authority Borrowing Authority Monetary Credits Offsetting Collecti...

CDFM-module-2-exam-2023-2024-real-exam-150-questions-and-correct-answers-detailed-