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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

The Articles 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

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6
Q

Approximately what percentage of total federal spending is discretionary spending?

A

Thirty percent (30%)

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7
Q

Which branch of Government implements laws?

A

Executive

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8
Q

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

A

Legislative Branch (Congress)

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9
Q

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

A

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

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10
Q

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

A

Office of Management and Budget

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11
Q

Where are all federal– laws enacted?

A

Congress

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12
Q

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

A

Article 1

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13
Q

How frequently does Congress review the DoD budget request?

A

Annually

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14
Q

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

A

Legislative Branch (Congress)

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15
Q

What type of legislation provides an agency with budget authority?

A

Appropriation Acts

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16
Q

How many appropriation acts are there?

A

12

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17
Q

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

A

Allotment

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18
Q

What agency issues apportionments?

A

Office of Management and Budget (OMB)

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19
Q

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

A

Legislative (Congress)

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20
Q

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

A

Federal Agencies

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21
Q

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

A

Income Taxes (50%)

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22
Q

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

A

Supplementals

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23
Q

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

A

Appropriation Warrant

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24
Q

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

A

Deferral

25
Q

What term describes a cancellation of appropriated funds?

A

Rescission

26
Q

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

A

Apportionment

27
Q

An administrative reservation of funds is known as a what?

A

Commitment

28
Q

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

A

Authorization Legislation

29
Q

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

A

Legislative (Congress)

30
Q

Where can the rules for calculating FTE employment be found?

A

OMB Circular A-11

31
Q

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

A

Force Structure

32
Q

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?

A

Peacetime Strength

33
Q

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

A

Mobilization

34
Q

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.

A

365 days (10 USC 12304)

35
Q

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?

A

200,000 total 30,000 IRR

36
Q

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

A

Emergency Essential Employee

37
Q

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

A

Inherently Governmental

38
Q

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

A

Annually

39
Q

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

A

Inherently Governmental

40
Q

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

A

The value of the gift is $20 or less

41
Q

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

A

Manager’s Internal Control Program

42
Q

What do internal controls reasonably ensure?

A

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

43
Q

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?

A

Assets

44
Q

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

A

Government Accountability Office (GAO)

45
Q

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

A

Control Activity

46
Q

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

A

Material Weakness

47
Q

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

A

It is management’s judgement

48
Q

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

A

Correction Validation

49
Q

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

A

3

50
Q

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

A

Five

51
Q

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

A

DoD’s Manager’s Internal Control Program

52
Q

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?

A

reasonable assurance

53
Q

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?

A

Risk

54
Q

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

A

Material Weakness

55
Q

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?

A

False

56
Q

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

A

General and Business Process Application Controls

57
Q

OMB stands for?

A

Office of Management and Budget

58
Q

FYDP is?

A

Future Years Defense Program (FYDP)

59
Q

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

A

“Declaration of Independence
Articles of Confederation
Constitution”

CDFM (6 decks)

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