CDFM Module 1
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Resource Management Environment: Each core competency requires CDFM candidates to demonstrate proficiency in the knowledge elements for each module.
- 1.Budget execution starts with ________.
- 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
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