Fmmtc_62 Cdfm Module 3

Front 1

_________ evidence is using information that is in the appropriate amount so that another reasonable and experienced auditor can reach a similar conclusion.

Back 1

Sufficient

Front 2

Using enough information so that another experienced auditor may make similar conclusions to support findings is called using __________.

Back 2

Sufficient

Front 3

Using information that pertains to the audit objective or audit step is called ________ evidence.

Back 3

Relevant

Front 4

_________ evidence pertains to evidence that is the best available.

Back 4

Competent

Front 5

Which of the fact is not an element of report presentation according to auditing standards.

Back 5

Report should be short

Front 6

Auditors may do all of the following EXCEPT __________

Back 6

Perform interrogation of possible suspect

Front 7

An audit to determine if the program has met the requirement of expediting the procurement of items and whether items obtained using the program were allowable under applicable guidelines would be considered a _________ audit.

Back 7

Performance Audit

Front 8

A finding or set of findings is complete to the extent that _________.

Back 8

Audit objectives are satisfied and the report clearly relates objective to the findings elements

Front 9

The appropriation time line for R&D is __________ years.

Back 9

2

Front 10

___________ appropriations is (are) no longer available for adjustments or payments, any adjustments will be charged to current same appropriation (1% max) (occurs after year 6).

Back 10

Cancelled

Front 11

___________ is (are) available for payment and obligation adjustment from years 2-6; FY remains and appropriation integrity required.

Back 11

Expired

Front 12

The appropriation time line for Military Construction is ___________ years.

Back 12

5

Front 13

The appropriation time line for Procurement (excluding Shipbuilding Navy Conversion) is _______ years.

Back 13

3

Front 14

The 2 provisions of the US constitution that provides the under pinning for the budget process are______.

Back 14

Article 1 Section 8 clause 1, Article 1 Section 9 Clause 7

Front 15

The budgetary resources that are available for new obligations until the purposes for which were provided are carried out are called__________.

Back 15

No-Year Authority

Front 16

It is the responsibility of the _________ to review and approve agency systems of administrative control of funds to prevent violations of the Anti-Deficiency Act.

Back 16

Office of Management and Budget (OMB)

Front 17

True or False? Article 2 section 8 empowers Congress to collect taxes and Section 9 requires appropriations in law before money can be spent from the Treasury.

Back 17

FALSE

Front 18

___________ appropriations is (are) available for payments and obligation adjustment from years 2-6; Fy remains and appropriation integrity required.

Back 18

Expired