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Fiscal Law Final Exam.docx - 1. QUESTION 1 It is...

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QUESTION 11.It is appropriate for the Army to acquire lawn cutting services throughthe Project Order Statute.TrueFalse
4 pointsQUESTION 21.The proper amount of money to obligate at the award of a firm fixed-price contract is:
4 pointsQUESTION 31.How long does the Department of Defense Financial ManagementRegulation give an individual discovering a possible Antideficiency Actviolation to report it to his/her chain of command and the FinancialManagement Comptroller?
4 pointsQUESTION 41.On 1 September 2011 the command at New Sands Missile Rangepurchases an x-ray machine for the installation hospital, which arrives and isaccepted on 15 September 2011. The x-ray machine is not needed untilAugust of 2012, when an increased number of Soldiers arrive due to BRAC.Assuming there is no applicable delivery or production lead time exception(as this is a commercial item and readily available off the shelf), has an ADAviolation been committed and is it correctable?
depending on the value) were not available at the time of obligation.Although the bona fide need is in 2012, there is no ADA violationbecause the command was engaged in advanced planning, and wassmartly purchasing an item ahead of the expected need and perhapseven getting a better price.4 pointsQUESTION 51.On 30 September 2010, $275,000 remains in the Operations andMaintenance, Army (OMA) allowance at the XVIII Airborne Corps. On that day,the contracting officer is about to award a supply contract, obligating$300,000 OMA. Award of the supply contract:Will cause an Antideficiency Act (ADA) violation because the contractprice exceeds the amount of OMA available at the XVIII Airborne Corps.Will cause an ADA violation unless the contracting officer shows that sheneither knew nor should have known that the XVIII Airborne Corps hadonly $275,000 in the OMA account.Will cause an ADA violation if the XVIII Airborne Corps’s major command,FORSCOM, lacks sufficient OMA funds in its formal subdivision to coverthe overobligation.Will not cause an ADA violation if Congress enacts either a ContinuingResolution Authority (CRA) or a permanent appropriation before thevendor seeks payment for the supplies.Will not cause an ADA violation because the OMA account at the XVIIIAirborne Corps was a target/allowance and an obligation in excess of atarget/allowance can never result in an ADA violation.

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Term
Fall
Professor
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Tags
Law, 1979, 1982, 1988, 1961

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