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CDFM 3.1 Fiscal Law Exam Questions with Correct Answers
CDFM 3.1 Fiscal Law Exam 
Questions with Correct 
Answers 
 
True or false? A working capital (Revolving) fund or part of that fund cannot violate the 
Anti Deficiency Act. - ANSWER FALSE 
Agencies are responsible for maintaining a system of accounting and internal controls to 
avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 
(Anti-Deficiency Act) 
The appropriation time line for Military Construction is _______ years. - ANSWER 
5 
The appropriation time line for Procurem...
- Exam (elaborations)
- • 14 pages •
CDFM 3.1 Fiscal Law Exam 
Questions with Correct 
Answers 
 
True or false? A working capital (Revolving) fund or part of that fund cannot violate the 
Anti Deficiency Act. - ANSWER FALSE 
Agencies are responsible for maintaining a system of accounting and internal controls to 
avoid violations of the _________. - ANSWER 31 USC 1341, 1342, and 1517 
(Anti-Deficiency Act) 
The appropriation time line for Military Construction is _______ years. - ANSWER 
5 
The appropriation time line for Procurem...
NR547 Final Exam ACTUAL EXAM TEST BANK 200+ QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS)|AGRADE