CDFM Module 1

11 Questions | Total Attempts: 1555

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Resource Management Environment: Each core competency requires CDFM candidates to demonstrate proficiency in the knowledge elements for each module.


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Questions and Answers
  • 1. 
    • A. 

      Submission of the SF-133

    • B. 

      Agreement on apportionment

    • C. 

      Submission of the appropriation bill

    • D. 

      Issuance of treasury warrant

  • 2. 
    The issuance of Treasury Warrants are the _____  ______ action taken after the President signs the bill into law.
    • A. 

      Only necessary

    • B. 

      Last required

    • C. 

      Last legal

    • D. 

      1st legal

  • 3. 
    Continuing resolutions (CRs) initially last _____ days and are disigned to avoid violating the ________..
    • A. 

      7, Anti Deficiency

    • B. 

      30, Anti Deficiency

    • C. 

      45, Anti Deficiency

    • D. 

      10, Anti Deficiency

  • 4. 
    SF-133 are reported _____ to the Office of Management and Budget (OMB)
    • A. 

      Monthly

    • B. 

      Quarterly

    • C. 

      Semi-annually

    • D. 

      Annually

  • 5. 
    The size and complexity of the budget demands that the President take the recommendations of the ____ .
    • A. 

      Secretary of the Treasury

    • B. 

      Vice President of the US

    • C. 

      Director OMB

    • D. 

      Director, of GAO

  • 6. 
    If Congress and the President do not complete action on all appropriation by ____ of September a _____ is passed by both houses to avoid a shutdown of government.
    • A. 

      30th, continuing resolution

    • B. 

      31th, continuing resolution

    • C. 

      7th, continuing resolution

    • D. 

      24th, continuing resolution

  • 7. 
    A Constitution amendment may be rarified when approved by _____ of the States.
    • A. 

      2/3

    • B. 

      1/2

    • C. 

      All

    • D. 

      3/4

  • 8. 
    The U.S. House of Representatives number ____ with a ___ and preface them with _____.
    • A. 

      Laws, 1, S

    • B. 

      Bills, 1, H.R.

    • C. 

      Bills, 1, S

    • D. 

      Laws, 1, H.R.

  • 9. 
    The US Senate numbers ____ with a ____ and preface them with ___.
    • A. 

      Bills, 1, S

    • B. 

      Bills, 1, H.R.

    • C. 

      Laws, 1, S

    • D. 

      Laws, 1, H.R.

  • 10. 
    The six major steps of the Budget formulation are:
    • A. 

      OMB'S guidance, organization develops draft, agency submits to OMB, OMB reviews, President takes action, sent to Supreme Court.

    • B. 

      OMB'S guidance, organization develops draft, agency submits to OMB, OMB reviews, Congress takes action, sent to President

    • C. 

      OMB'S guidance, organization develops draft, agency submits to OMB, OMB reviews, President takes action, sent to Treasury

    • D. 

      OMB'S guidance, organization develops draft, agency submits to OMB, OMB reviews, President takes action, sent to Congress

  • 11. 
    The Budget formulation phase starts as early as _____ months out.
    • A. 

      21

    • B. 

      22

    • C. 

      23

    • D. 

      24