Law > QUESTIONS & ANSWERS > CDFM EXAM 1 STUDY SET QUESTIONS WITH 100% CORRECT ANSWERS|GRADED A (All)

CDFM EXAM 1 STUDY SET QUESTIONS WITH 100% CORRECT ANSWERS|GRADED A

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Competency 1: Gov't Resource Management Environment Correct Answer... OMB Circular A-11 Correct Answer Preparation & Submission of Budget Estimates OMB Circular A-76 Correct Answer Performances ... of Commercial Activities OMB Circular A-123 Correct Answer Management's Responsibility for Internal Control OMB Circular A-136 Correct Answer Financial Reporting Requirements What was precursor to Constitution? Correct Answer Articles of Confederation (1781) What was required to amend the Art. Of Confed? Correct Answer Unanimous approval from all states When was Constitution Ratified? Correct Answer June 1788 What is the principle behind the separation of power between the 3 branches? Correct Answer Devised to allay the fear that a centralized government would lead to tyranny What is the essential principle of the Constitution? Correct Answer That the government must be confined to the rule of law What does the Constitution define as the fundamental law of the US Federal Government? Correct Answer Set forth the 3 principal branches of the Federal Government; outline their jurisdictions; propound the basic rights of US citizens What Article lays out the rules for the Legislative Branch? Correct Answer Article I What section of Article 1 allows Congress to levy taxes and establish District Courts? Correct Answer Section 8 What Article lays out the rules for the Executive Branch? Correct Answer Article 2 What Article lays out the rules for the Judicial Branch? Correct Answer Article 3 Where are all revenue bills generated? Correct Answer House of Representatives The President has how many days to act on a bill? Correct Answer 10, excluding Sundays or Holidays [Show More]

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