1.1 Flashcards
1
Q
- How many branches of Government did the Constitution establish?
A
3
2
Q
- What was the predecessor to the Constitution?
A
The Articles of Confederation ratified in 1781
3
Q
- Where are all Federal-level laws enacted?
A
Congress
4
Q
- In which article of the Constitution is the power to raise taxes found?
A
Article 1
5
Q
- What occurs when Congress is not in session and the President does not sign a properly-presente enrolled bill within 10 days?
A
Pocket Veto
6
Q
- How frequently does Congress review the DoD budget request?
A
Annually
7
Q
- Approximately what percent of total Federal spending is discretionary spending?
A
30%
8
Q
- Which branch of Government implements laws?
A
Executive Branch
9
Q
- Which branch of Government is authorized to raise taxes and borrow money?
A
Legislative Branch (Congress)
10
Q
- Which committee attempts to resolve differences between House and Senate versions of a bill?
A
Conference Committee, “Third Chamber”
11
Q
- Which agency issues directions for use by other agencies in submitting their budget estimates?
A
Office of Management and Budget
12
Q
- What type of legislation provides an agency with budget authority?
A
Appropriation Acts provide budget authority
13
Q
- What term is used to describe a subdivision of an apportionment?
A
Allotment
14
Q
- What agency issues apportionments?
A
Office of Management and Budget
15
Q
- Which branch of Government conducts hearings on the effectiveness of Government programs?
A
Legislative Branch (Congress)
16
Q
- In the Federal budget process, which organizations actually prepare budget estimates?
A
Federal Agencies
17
Q
- What is the largest single source of Federal Government tax revenues?
A
Individual Income Taxes (50% in 2020)
18
Q
- What are requests for funds in addition to amounts already appropriated called?
A
Supplemental
19
Q
- What financial control document is issued by the Treasury Department following signature of the
Appropriations Act?
A
Appropriation Warrant
20
Q
- What term describes a postponement in the use of appropriated funds?
A
Deferral
21
Q
- What term describes a cancellation of appropriated funds?
A
Rescission
22
Q
- After the DoD Appropriations Bill is signed into law, what does DoD request from OMB?
A
Apportionment
23
Q
- An administrative reservation of funds is known as what?
A
Commitment
24
Q
- What gives a Federal agency the legal authority to operate a program?
A
Authorization Legislation
25
Q
- Article 1, Section 8, Clause 1, of the U.S. Constitution empowers which branch of the Federal Government to collect taxes?
A
The Legislative Branch