Module 1 Resource Management Environment Flashcards
How many branches of Government did the Constitution establish?
3
What was the Predecessor to the Constitution
The Articles of the Confederation
Where were all the Federal-Level Laws enacted
Congress
In which article of the Constitution is the power to raise taxes found?
Article 1
What occurs when Congress is not in session and the President does not sign a properly-presented enrolled bill within 10 days?
Pocket Veto
How frequently does Congress review the DoD budget request?
Annually
Approximately what percent of total federal spending is discretionary spending?
30%
Which branch of Government implements laws?
Executive Branch
Which branch of Government is authorized to raise taxes and borrow money?
Legislative Branch (Congress)
Which committee attempts to resolve differences between House and Senate version of a bill?
Conference Committee, sometimes referred to as “the Third Chamber”
Which agency issues directions for use of by other agencies in submitting their budget estimates?
Office of Management and Budget (OMB)
What type of legislation provides an agency with budget authority?
Appropriation Acts provide budget authority
What term is used to describe a subdivision of an apportionment?
Allotment
What agency issues apportionments?
Office of Management and Budget (OMB)
Which branch of Government conducts hearing on the effectiveness of Government programs?
Legislative Branch (Congress)
In the federal budget process, which organizations actually prepare budget estimates?
Federal Agencies
What is the largest single source of Federal Government tax revenues?
Individual Income Tax (50%)
What are request for funds in addition to amounts already appropriated called?
Supplemental
What financial control document is issued by the Treasury Department following signature of the Appropriations Act?
Appropriation Warrant
What term describes a postponement in the use of appropriated funds?
Deferral
What term describes a cancellation of appropriated funds?
Rescission
After the DoD Appropriations Bill is signed into law, what does DoD request from OMB?
Apportionment
An administrative reservation of funds is know as what?
Commitment
What gives a federal agency the legal authority to operate a program?
Authorization Legislation
