What is it called when the President postpones use of appropriated funds?

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Study for the Certified Defense Financial Manager (CDFM) Exam 1. Engage with flashcards and multiple choice questions, with hints and explanations for each query. Prepare confidently for your exam!

Multiple Choice

What is it called when the President postpones use of appropriated funds?

Explanation:
Delaying the use of funds by the government is known as a deferment. It keeps the budget authority in place but pushes out when obligations and outlays can occur, effectively shifting spending to a later time without cancelling the appropriation. This is different from rescission (canceling funds), deobligation (pulling back funds that have already been obligated), or reallocation (moving funds to a different program or purpose).

Delaying the use of funds by the government is known as a deferment. It keeps the budget authority in place but pushes out when obligations and outlays can occur, effectively shifting spending to a later time without cancelling the appropriation. This is different from rescission (canceling funds), deobligation (pulling back funds that have already been obligated), or reallocation (moving funds to a different program or purpose).

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