Law > EXAM > Comptrollers Fiscal Law - Module I & II Test -Verified Questions and Answers -100% Correct (All)

Comptrollers Fiscal Law - Module I & II Test -Verified Questions and Answers -100% Correct

Document Content and Description Below

Comptrollers Fiscal Law & Accreditation Course Module I - Test Question 1 Due to increased operations in Afghanistan, the Army is running low on Hellfire missiles (air launch, antitank missile.) Ha ... ving exhausted the Missile Procurement, Army appropriation, an enterprising comptroller recommends using funds from the Procurement of Ammunition, Army appropriation. His argument is that “missiles are a type of ammunition so we can use either.” Can the Army use the Procurement of Ammunition, Army appropriation? Yes. It is for the war effort so anything goes. Yes. The enterprising comptroller is correct; missiles are a type of ammunition. No. This purchase should be handled by the Department of State as it deals with overseas activities. No. There is a specific appropriation for the purchase of missiles. This is the only proper appropriation that can be used. Question 2 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 three-part 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. Question 3 The Fort TJAGLCS installation commander is hosting an awards ceremony for several service members within the command who will be departing soon for a new duty station. The commander will be awarding each of them a Meritorious Service Medal (MSM) honoring their accomplishments while at Fort TJAGLCS. He intends to have a local art frame shop frame each awardee's award certificate and he will present the framed certificate as part of the ceremony. In addition, he plans to purchase cake and punch and serve it upon completion of the awards ceremony. Assuming the commander intends to use appropriated fund [Show More]

Last updated: 3 years ago

Preview 1 out of 6 pages

Buy Now

Instant download

We Accept: