Law > QUESTIONS & ANSWERS > CLG 001 Fiscal Law Questions and Answers - All Answers 100% Correct (All)
CLG 001 Fiscal Law Questions and Answers - All Answers 100% Correct QUE ST ION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purc... hase can be made, it is probably safe to spend appropriated funds. Expenditure of appropriated funds is proper only when authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUE ST ION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a computer system that the Post Engineer will use to track work orders and inventory. This $15,000 computer system is readily available within a few days from any of several local vendors. The Post Engineer intends to place the system in a warehouse for which construction will begin in December 2010. The contract cites FY 2010, Operations and Maintenance, Army (OMA) funds. What should you advise the contracting officer? The contracting officer may award the contract citing FY 2010 OMA funds. Obligating funds in July 2010 will not violate the Antideficiency Act. The Post Engineer, however, may not pay for the system until the warehouse is completed. Because the Post Engineer will use the system to perform installation operations, and because the "lead time" exception clearly permits use of FY 2010 funds for the system, the contract award is proper. The contracting officer should not award this contract. To do so would violate the bona fide needs rule. Award now is proper if the installation later obtains Procurement funds to replace the funds obligated for the computer system. None of the above. 20 points QUE ST ION 3 1. If a particular expenditure is not provided for by Congress, in order to meet the requirements of the Purpose Statute, 31 U.S.C. § 1301, the expenditure must be necessary and incident to the proper execution of the general purpose of the appropriation. The GAO has created a threepart test to determine whether an expenditure is a “necessary expense” of an appropriation. Which of the following IS NOT part of the three-part purpose test? The expenditure must be necessary and incident to the purposes of the appropriation. The expenditure must not be prohibited by law. The comptroller must certify the funds. The expenditure must not be otherwise provided for. 20 points QUE ST ION 4 1. It is 14 September 2010 and Fort TJAGLCS still has $4000 in FY 2010 Operations and Maintenance, Army appropriations that it "needs" to spend. MAJ I.M. Themann, the Supply Officer at TJAGLCS, has a brilliant idea. At a recent union meeting, several employees complained about the taste of the cold brown water coming out of several water fountains. The cold brown water, however, is not unhealthy, unsafe, unpotable, or unwholesome. MAJ Themann decides Fort TJAGLCS should get water coolers to use as substitutes for the water fountains. By calling local vendors, he determines $3600 is enough money to pay for one year of water delivery service (five water coolers and ten 5- gallon containers of water for each of those water coolers each month). MAJ Themann has stopped by your office to determine how to execute this brilliant idea and whether he has the right money to use. He wants the bottled water deliv [Show More]
Last updated: 2 years ago
Preview 1 out of 12 pages
Buy this document to get the full access instantly
Instant Download Access after purchase
Buy NowInstant download
We Accept:
Can't find what you want? Try our AI powered Search
Connected school, study & course
About the document
Uploaded On
Apr 05, 2022
Number of pages
12
Written in
This document has been written for:
Uploaded
Apr 05, 2022
Downloads
0
Views
309
In Scholarfriends, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.
We're available through e-mail, Twitter, Facebook, and live chat.
FAQ
Questions? Leave a message!
Copyright © Scholarfriends · High quality services·