All

Question 1

How Many branches of Government did the Constitution establish?

Answer 1

Three

Question 2

What was the predecessor to the Constitution?

Answer 2

The Articles of the Confederation

Question 3

Where are all federal-level laws enacted?

Answer 3

Congress

Question 4

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

Answer 4

Article 1

Question 5

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

Answer 5

Pocket Veto

Question 6

Approximately what percentage of total federal spending is discretionary spending?

Answer 6

Thirty percent (30%)

Question 7

Which branch of Government implements laws?

Answer 7

Executive

Question 8

Which branch of Government is authorized to raise taxes and borrow money?

Answer 8

Legislative Branch (Congress)

Question 9

Which committee attempts to resolve differences between House and Senate versions of a bill?

Answer 9

The Conference Committee, sometimes referred to as “The Third Chamber”

Question 10

Which agency issues directions for use by other agencies in submitting their budget estimates?

Answer 10

Office of Management and Budget

Question 11

Where are all federal– laws enacted?

Answer 11

Congress

Question 12

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

Answer 12

Article 1

Question 13

How frequently does Congress review the DoD budget request?

Answer 13

Annually

Question 14

Which branch of the Government is authorized to raise taxes and borrow money?

Answer 14

Legislative Branch (Congress)

Question 15

What type of legislation provides an agency with budget authority?

Answer 15

Appropriation Acts

Question 16

How many appropriation acts are there?

Answer 16

12

Question 17

What term is used to describe a subdivision of an apportionment?

Answer 17

Allotment

Question 18

What agency issues apportionments?

Answer 18

Office of Management and Budget (OMB)

Question 19

Which branch of Government conducts hearing on the effectiveness of Government programs?

Answer 19

Legislative (Congress)

Question 20

In the federal budget process, which organization actually prepares budget estimates?

Answer 20

Federal Agencies

Question 21

What is the largest singe source of Federal Government tax revenues?

Answer 21

Income Taxes (50%)

Question 22

What are requests for funds in addition to amounts already appropriated called?

Answer 22

Supplementals

Question 23

What financial control document issued by the Treasury Department following signature of the Appropriations Act?

Answer 23

Appropriation Warrant

Question 24

What term describes a postponement in the use of appropriated funds?

Answer 24

Deferral

Question 25

What term describes a cancellation of appropriated funds?

Answer 25

Rescission

Question 26

After the DoD Appropriations Bill is signed into law, what does DoD request from OMB?

Answer 26

Apportionment

Question 27

An administrative reservation of funds is known as a what?

Answer 27

Commitment

Question 28

What gives a Federal agency the legal authority to operate a program.

Answer 28

Authorization Legislation

Question 29

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

Answer 29

Legislative (Congress)

Question 30

Where can the rules for calculating FTE employment be found?

Answer 30

OMB Circular A-11

Question 31

That term is used to refer to the totality of units in a DoD Component?

Answer 31

Force Structure

Question 32

What term is used to refer to the authorized and programmed strength at the end of the fiscal year for the active forces, the Selected Reserve, and appropriated-fund civilian employees in the FYDP?

Answer 32

Peacetime Strength

Question 33

What process involves assembling, organizing, and using manpower and material resources in preparation for war or other emergency?

Answer 33

Mobilization

Question 34

What is the maximum number of days that units of the Selected Reserve and members of the Individual Ready Reserve may be ordered to active duty (other than for training) without the consent of Congress.

Answer 34

365 days (10 USC 12304)

Question 35

What is the maximum number of members of the Selected Reserve and the Individual Ready Reserve who may be on duty at any one time? Of these what is the maximum number who may be members of the IRR?

Answer 35

200,000 total 30,000 IRR

Question 36

What term is used to describe a civilian who could be deployed to a crisis area.

Answer 36

Emergency Essential Employee

Question 37

What types of activities are excluded from competition under OMB Circular A-76?

Answer 37

Inherently Governmental

Question 38

How frequently must Federal agencies compile lists of activities that are not Inherently Governmental?

Answer 38

Annually

Question 39

What kind of activity is so intimately related to the public interest as to mandate performance by Federal employees?

Answer 39

Inherently Governmental

Question 40

What is one of the exceptions to the ban on gifts from outside sources?

Answer 40

The value of the gift is $20 or less

Question 41

What is the name of the Department's internal control effort?

Answer 41

Manager's Internal Control Program

Question 42

What do internal controls reasonably ensure?

Answer 42

Programs achieve intended results; resources are used efficiently; programs/resources are protected from waste, fraud, and mismanagement; laws are regulations are followed; financial reporting is reliable and accurate

Question 43

The purposes of the Federal Managers Financial Integrity Act of 1982 are to prevent waste or misuse of agency funds or property to assure the accountability of what?

Answer 43

Assets

Question 44

What agency issues "Standards for Internal Control in the Federal Government"?

Answer 44

Government Accountability Office (GAO)

Question 45

Segregation of duties is a type of which interna control standard?

Answer 45

Control Activity

Question 46

The Financial Manager's Financial Integrity Act report must include agency plans to correct what type of weakness?

Answer 46

Material Weakness

Question 47

Who decides whether a weakness is material enough to warrant reporting as a "material weakness" to the next higher level.

Answer 47

It is management's judgement

Question 48

What should be the last milestone of the corrective action plan for each material weakness?

Answer 48

Correction Validation

Question 49

The DoD component head's Statement of Assurance must take one of how many forms?

Answer 49

3

Question 50

How many components are in the GAO Standards of Internal Control?

Answer 50

Five

Question 51

For what program is the full scope of management responsibility defined in DoD Instruction 5019.40?

Answer 51

DoD's Manager's Internal Control Program

Question 52

When a DoD component head provides a Statement of Assurance that the component's controls are in place and achieving their intended objectives, is this a statement of absolute assurance or reasonable assurance?

Answer 52

reasonable assurance

Question 53

What is the term for the probable or potential adverse effects from inadequate internal control that may result in the loss of Government resources or cause an agency to fail to accomplish significant mission objectives through fraud, waste, or mismanagement?

Answer 53

Risk

Question 54

What kinds of weakness significantly impairs the fulfillment of a DoD component's mission?

Answer 54

Material Weakness

Question 55

True or False: The July 15, 2016 updated version of OMB Circular A-123 requires CFO Act Agencies to hire a Chief Risk Officer for the purpose of establishing an Enterprise Risk Management capability within the agency?

Answer 55

False

Question 56

What are the two major categories of control areas included in GAO's Federal Information System Controls Audit Manual (FISCAM)?

Answer 56

General and Business Process Application Controls

Question 57

OMB stands for?

Answer 57

Office of Management and Budget

Question 58

FYDP is?

Answer 58

Future Years Defense Program (FYDP)

Question 59

What are the 3 documents that are the genesis of the US Federal Legislative process?

Answer 59

"Declaration of Independence Articles of Confederation Constitution"