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CDFM > Module 1: Resource Management Environment (Competency Area 1) > Flashcards

Module 1: Resource Management Environment (Competency Area 1) Flashcards

1
Q

How many branches of Government did the Constitution establish?

A

Three

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2
Q

What was the predecessor to the Constitution?

A

Article of the Confederation

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3
Q

Where are all Federal-level laws enacted?

A

Congress

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4
Q

In which article of the Constitution is the power to raise taxes found?

A

Article 1

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5
Q

What occurs when Congress is not in session and the President does not sign a properly-presented, Enrolled Bill within 10 days?

A

Pocket Veto (page 17)

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6
Q

How frequently does Congress review the DoD budget request?

A

Annually (page 18)

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7
Q
  1. Approximately what percent of total Federal spending is discretionary spending?
A

30% (page 52)

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8
Q
  1. Which branch of government implements laws?
A

Executive Branch (page 10)

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9
Q
  1. Which branch of Government is authorized to raise taxes and borrow money?
A

Legislative branch (Congress) (page 9)

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10
Q
  1. Which committee attempts to resolve differences between House and Senate versions of a bill?
A

Conference Committee, sometimes referred to as “the Third Chamber” (page 15)

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11
Q
  1. Which agency issues directions for use by other agencies in submitting their budget estimates?
A

OMB (page 21)

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12
Q
  1. What type of legislation provides an agency with budget authority?
A

Appropriation Acts provide budget authority (page 31)

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13
Q
  1. Which term is used to describe a subdivision of an apportionment?
A

Allotment (page 43)

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14
Q
  1. What agency issues apportionments?
A

OMB (page 41)

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15
Q
  1. Which branch of Government conducts hearings on the effectiveness of Government programs?
A

Legislative branch (Congress) (page 47)

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16
Q
  1. In the Federal budget process, which organizations actually prepare budget estimates?
A

The federal agencies (page 21)

17
Q
  1. What is the largest single source of Federal Government tax revenues?
A

Individual Income Taxes (50 % in 2020) (page 51)

18
Q
  1. What are requests for funds in addition to amounts already appropriated called?
A

Supplemental (page 35)

19
Q
  1. What financial control document is issued by the Treasury Department following signature of the Appropriations Act?
A

Appropriation Warrant (page 40)

20
Q
  1. What term describes a postponement in the use of appropriated funds?
A

Deferral (page 42)

21
Q
  1. What term describes a cancellation of appropriated funds?
A

Rescission (page 42)

22
Q
  1. After the DoD Appropriations Bill is signed into law, what does DoD request from OMB?
A

Apportionment (page 41)

23
Q
  1. An administrative reservation of funds is known as what?
A

Commitment (page 43)

24
Q
  1. What gives a Federal agency the legal authority to operate a program?
A

Authorization Legislation (page 29)

25
Q
  1. Article 1, Section 8, Clause 1, of the U.S. Constitution empowers which branch of the Federal Government to collect taxes?
A

Legislative Branch (page 8, 9)

26
Q

How does an appropriation bill become a law?

A
  1. Introduction and referral to committee (anyone in congress can introduce a bill while chamber is in session by “hopper”)
  2. Consideration by committee - public hearings and markup sessions (“mark up”)
  3. Committee action (extensive amendments may decide to report a new bill “clean bill”)
  4. House and senate floor consideration (after the bill passed one body (house/senate) bill is called “engrossed” bill)
  5. Resolving differences - conference committees (“third chamber”)
  6. Final step - after passed by both house and senate it is considered “enrolled” and sent to president
27
Q

Does the authorization process give an agency the authority to obligate funds or permit withdrawal of funds from treasury?

A

No, only the appropriation act permits those actions

28
Q

When does the Concurrent Budget Resolution (CBR) need to be completed?

A

By law, the CBR is to be completed by April 15

CDFM (10 decks)

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