Skip to content
Past Exams

2023-2024 CDFM Module 1 Practice Exam with Answers (431 Solved Questions)

Use 2023-2024 CDFM Module 1 Practice Exam with Answers to familiarize yourself with the exam format, providing solved questions and real exam scenarios.

Preview 13 of 42 pages

See the first 13 pages exactly as they appear in the document.

  1. Page 1
    Read page 1 as text

    CDFM MODULE 1 EXAM 2023 - 2024 250 QUESTIONS AND CORRECT ANSWERS 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 autho rity What term is used to describe a subdivision of an apportionment? - - answer - allotment What agency issues apportionment's? - - answer - office of management of budget omb Which branch of government conducts hearings on the effectiveness of government programs ? - - answer - legislative congress In the federal budget process, which organizations actually prepare budget estimates? - - answer - federal agencies What is the largest single source of federal tax revenue? - - answer - individual income tax 43 percent What are the requests for funds in addition to amounts already appropriated called? - - answer - supplemental What financial control document is issued by the treasury department following signature of the appropriation act? - - answer - appropriation warrant What term descri bes postponement in the use of appropriated funds? - - answer - deferral What term describes a cancellation of appropriated funds? - - answer - recession

  2. Page 2
  3. Page 3
    Read page 3 as text

    After the dod appropriations bill is signed into law, what does the dod request from omb? - - answer - apportionm ent 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 us constitution empowers which elem ent of the federal government to collect taxes? - - answer - legislative branch Prevents congress and the president from unilaterally making laws and treaties. - - answer - separation of powers Composed of members chosen every second year by the people of several states - - answer - house of representatives Composed of two members from each state for six years having one vote - - answer - senate All bills for raising revenue shall originate where? - - answer - house of representatives Power to lay and collect taxes - - answer - c ongress Power to constitute tribunals inferior to supreme court - - answer - congress Congress can raise and support armies but no appropriation of money to that use shall be longer than? - - answer - two years No money shall be drawn from the treasury but in conse quence of - - answer - appropriation From time to time what shall be published regarding public money - - answer - statement of account and receipts

  4. Page 4
    Read page 4 as text

    What prevents congress and the president from unilaterally making laws and treaties? - - answer - separation of power W hat 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 constitut ion? - - answer - congress (legislative branch) What does the congress of the us consist of? - - answer - senate (6 yrs); house (2 yrs) All bills for raising revenue shall originate where? But the senate may propose or concur with amendments as on other bills. - - answer - house of representative To be able to override a presidential veto, the house has to have a majority to pass the bill; and if approved, then goes to the senate for a vote to pass the bill. If approved, the bill becomes law. What is the percentage the vote has to pass by in both the house & senate? - - answer - 2/3 and 2/3 If any bill shall not be returned by the president after it has been presented to him, the same shall be a law. How many days? - - answer - 10 days Who has the power to lay and collect taxes , duties, imposts and excises to pay the debts and provide for the common defense and general welfare of the united states. - - answer - congress Article 1, section 8 of the constitution allows for what? - - answer - 1) borrow money on credit 2) regulate commerce ; 3) coin money; 4) constitute tribunals; 5) declare war; 6) raise and support armies; 7) provide and maintain navy; 8) make rules for government regulation of land and naval forces; 9) provide for calling forth militia; 10) to make all laws

  5. Page 5
    Read page 5 as text

    No money shall be drawn from the treasury, but in the consequence of appropriations made by law. - - answer - article 1, section 9 Once the money officially and legally gets into the treasury, to be able to use the money, what does congress have to do? - - answer - write a law G ives executive power to the president to be the commander in chief and to execute the laws - - answer - article 2 executive branch The president has the power to nominate and with the advice and consent of the senate, shall appoint these officials. Name 2? - - answer - ambassadors & supreme court judges How often does the president give to congress the state of the union (jan/feb) time frame. - - answer - once year Who and what branch is responsibly for faithfully executing the laws enacted by congress (legislative branch)? - - answ er - president (executive branch) The supreme court does not deal in the matter of what? - - answer - state laws A new congress convenes for two years following the november general elections, it consists of how many sessions, and each in what duration? - - answer - 2 sessions; 1 year duration This may originate either in the house of representatives or in the senate. There is little practice difference between a bill and a " ", once agree, it goes to the president for signature. - - answer - joint resolution Matters affe cting the operation of the house & senate and both chambers agree, does not go to the president for signature. - - answer - concurrent resolution

  6. Page 6
    Read page 6 as text

    The house and senate can each write an matter concerning the operation on its own. Applies to the chamber that cre ated it. Knows as the h.res & s.res - - answer - simple resolution During the state of the union, what message is the president giving? - - answer - state of union, recommend measures necessary and expedient Can an executive branch department pass legislation with the approval of omb and on behalf of the president, to a congressional committee or subcommittee - - answer - yes, but must be approved by omb Who resolves differences between the hr and the senate? - - answer - conference committee (third chamber) What is usuall y the first step in the process for consideration by committee? - - answer - public hearing Wh en a conference committee is convened dealing with an amendment, what can the conferees do and not do? - - answer - only deal with matters in disagreement; cannot insert n ew matter or leave out matter agreed on The final step after the conference committee resolution after a measure has been passed in identical form by both the house andsenate, it is considered to be what? - - answer - "enrolled" (then sent to the president) Wha t was declared unconstitutional in 1998 with respect to presidential veto? - - answer - line item veto If the president veto a bill, it is returned to the house of original acting first. If the bill does not receive 2/3 vote, it is sustained and the bill fails to become law. If it receives the required 2/3 vote, an endorsement to the effect is made on the back of the bill and it is then transmitted, with the accompany message, the to the second house for its action. What has to happen for the bill to become law ? - - answer - the next house has to pass it with a 2/3 vote to become law. Who is r esponsible for the 3 phases of the budget cycle? - - answer - omb

  7. Page 7
    Read page 7 as text

    What are the 3 phases of the budget cycle? - - answer - budget formulation, congressional action and budget execution Who does the federal budget belong to? - - answer - the president The budget formulation processed is governed by this? - - answer - omb circular a - 11 Omb circular a - 11 sets out the promises of the president - - answer - presidential priorities What are the six major steps in the budget formulation process laid out in omb circular a - 11? - - answer - 1) omb issues guidance; 2) organization develops draft; 3) agency submit budget estimates to omb; 4) omb hold hearings on agency budgets; 5) president makes final decisions on agency budgets; 6) president transmits the budget to cong ress. What organization is responsible for helping the president with spending policy, managing the executive budget, and providing advice an dangles on a broad range of topics? - - answer - additional omb duties The president is responsible to transmit the budget of the us government to congress nlt when? - - answer - 1st monday in february each year Congress she process authorization legislation, which authorizes or allows programs to exist. They also pass appropriations, which provide funding for programs - - answer - congressional action phase The president signs the bills into law that provides legal budget authority to incur ob ligations and make payments out of the treasury for specified purposes. - - answer - appropriation In the congressional action phase, who holds hearing in january in preperation for drafting the concurrent resolution of the budget? - - answer - budget committees

  8. Page 8
    Read page 8 as text

    B udget committees this to their respective houses. The resolution sets spending revenue and other budget targets for the upcoming fiscal year. - - answer - concurrent resolution - april of each year This is the process of estimating the budgetary effects of pending legislation and comparing them to a baseline such as a budget resolution or to any limits that may be set in law. - - answ er - scorekeeping What data does scorekeeping track? - - answer - budget authority, receipts, outlays, surplus or deficit, and the public debt This resolution fixes new budget authority and outlay target and establishes target for the gross national debt, revenues, and surplus/deficit. - - answer - budget resolution This resolution does not require the signature of the president. It is the first step in the congressional budget process. - - answer - concurrent budget resolution This bill may not exceed the ceilings set in the cbr w/out a 60% majority vote of the entire congress & cbo monitors for compliance. - - answer - annual appropriation bill Defense, military construction/veterans affairs & energy an d water - - answer - defense relates appropriations acts When a statutes language is not clear as written, the best place to go for interpretation of the law is where? - - answer - legislative history Who will provide dods position on appeal items? - - answer - secde f Amends the budgets s ubmission prior to completion of a congressional act....they have been submitted but not yet processed by congress - - answer - budget amendments Normally transmitted to congress as requests to provide funds in addition to amounts already appropriated for the ongoing fiscal year. - - answer - supplmental requests

  9. Page 9
    Read page 9 as text

    What provides budget authority for specific ongoing activities for a specific period of time? - - answer - continuing resolution (cr) Budget authority and the availability of budgetary resources for obli gation and expenditure are limited by the following elements. - - answer - ti me, purpose & amount The period of time of that the budget resources may incur new obligations is different from the period of time during which budgetary resources may be used to i nsure expenditures. - - answer - time This is distributed by omb as part of the apportionment process. - - answer - budget authority This process begins with the president's signature on the appropriations bill. - - answer - budget execution proce ss What is the form that osd has to send to omb to request apportionment within 10 days of the presenting signing the appropriations bill? - - answer - sf - 132 What does the apportionment provide to the federal agencies? - - answer - obligation authority Osd/omb negotiates appo rtionments (osd must request apportionment via form sf - 132). Omb has 30 days after the appropriations act passage to effect apportionment. - - answer - within 10 days of the appropriations act Financial control document issued by the treasury department - - ans wer - appropriation warrant What devices up the appropriation? - - answer - apportionment Apportionment is required by what usc? - - answer - 31 usc 1512 Apportionment helps to achieve the cost effective and economical use of what? - - answer - available funds

  10. Page 10
    Read page 10 as text

    It is a violation of law for an agency to incur obligations or make expenditures in excess of what? - - answer - the amount apportioned The presid ent is required to send a notice to the appropriate commitment. If Congress does not notify the president within 45 days to release the funds, the funds may be what? - - answer - deferred (2 usc 684) Funds that are cancelled by congressional action. - - answer - rescission Required the system of administrative controls - - answer - 31 usc 1514 Is not required for the operation and maintenance appropriation accounts, revolving funds accounts, or military personnel appropriation accounts, but may be used if cost effectiv e. - - answer - commitment accounting Legal reservation of funds are the amounts of orders places, contra cts awarded, services received, and similar transactions during an accounting period that will require payment during the same or future periods. - - answer - obligations Certification that certifies to the ko purpose, time an d amount. The basis for a commitment - - answer - fiduciary Certifies vouchers for payments - - answer - certifying officers Appropriates the funds and sends to omb for apportionment - - answer - congress Apportions the funds to the agencies for execution - - answer - om b Responsible for allots, commits, obligates and outlays the funding - - answer - agency Funds that have actually been moved from the federal treasury - - answer - outlays

  11. Page 11
    Read page 11 as text

    Who is the primary oversight committee for the dod programs? - - answer - hac & sac Who's is the head of the comptroller general? - - answer - government accountability office (gao) 1) budget formulation, 2) congressional review 3) budget execution - - answer - federal budget process The budget formulation is based on performance planning/rep orting as required by what? - - answer - government performance and results act (gpra) Government budget outlays exceed its budget receipts for any given period - - answer - budget deficit The transactions of government entities that laws exclude from the on - budget totals (those of ssa, trust fund, and postal service are not included in t he budget deficit) - - answer - budget totals Specific statutory authority to incur obligations - - answer - contract authority Cash value of the resources allocated to a particula r program - - answer - cost Budgetary resources provided in an appropriations act. - - answer - discretionary spending Authority to make payment s - - answer - entitle authority Occurs when a check is issued - - answer - expenditure Spending that is controlled by l aws. - - answer - mandatory spending Primary measure of government spending - - answer - outlay

  12. Page 12
    Read page 12 as text

    How large is discretionary spending, budget authority that is indefinite - - answer - 34% This spending is mandatory for entitlement programs such as ss, corporate income taxes, excise taxes, etc. This is a "permanent appropriation" - - answer - non - discretionary What makes up the greatest revenue source? - - answer - individual income taxes Requir es the president to submit an annual budget proposal to congress and established the omb and the g ao. - - answer - 1921 budget and accounting act Established house and senate budget committees. Changed fy to 1 oct - 30 sep from 1 jul - 30 jun - - answer - 1974 congressional budget impoundment control act Pay as you go on any spending outside the appropriation that would increase the deficit. Often referred to as the gramm - rudman hollings act - - answer - 1987 balanced budget and emergency deficit control reaffirmation act Discretionary spending is the budget authority controlled by annual appropriations acts and th e outlays that result from the ba. Established pay - as - you - go entitlements (can't add a new one without getting rid of an old one) - - answer - 1990 budget enforcement act Authority was briefly granted in 1996 and used by president bill clinton until it was dec lared unconstitutional in 1998. - - answer - 1996 line item veto act Military departments are responsible of recruiting, training, and equipping their f orces, but operational control of those forces is assigned to one of the combatant commands. Who sets the end strength? - - answer - congress

  13. Page 13
    Read page 13 as text

    The process for determining requirements for budgetar y purposes and reporting strengths to omb - - answer - manpower ma nagement Number of personnel in, or projected to be in, an organization or account at a specified point in time. Seats filled. - - answer - actual strength Actual strength of an entire service, not necessarily equal to combined unit actual strengths because individuals may be assigned but not joined. - - an swer - assigned strength Us citizens or foreign national hired directly or indirectly to work for dod, paid from appropriated or non - appropriated funds under permanent or temporary assignment. Specifically excluded are all government contractor employees. - - answer - dod civilian workforce Authorized and programmed strength at the end of the fiscal year for active forces, selected reserve, and appropriated - fund civilian employees in the fydp. - - answer - peacetime strength Terminating or differing activities not essential to the war effort in order to permit the reallocation of personnel to higher priority tasks. Assigning military personnel only to those jobs that contribute to the war (exceptions apply) - - ans wer - dod manpower utilization policy What job s cannot be reassigned to non - military personnel during war effort? - - answer - military incumbency is required by law, possessing military unique skills or experience, military authority or discipline is requisite of the position, alternative manpow er is not availble An expan sion of military members through mobilization may require an increase in what workforce? - - answer - increase in civilian workforce Mobilization is the process of assembling, organizing and using manpower and material resources i n preparation for war or other emergency. The mobilization process can help deter war as well as enhance war fighting capabilit y. - - answer - master mobilization plan (mmp)

29 more pages in the full document

Unlock it once and it stays in your library, ready to chat with or turn into flashcards.

Unlock the full document

More Other Exams & Certifications study materials

See all

Study this document with CramX

Once it is in your library, every tool can work from it.