What is the ADA Time statute?

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Multiple Choice

What is the ADA Time statute?

Explanation:
The ADA Time statute governs when appropriated funds are available to be obligated and spent. It sets the time frame during which an appropriation can be used, and requires obligations and expenditures to occur within that period and be properly apportioned and controlled. This ensures funds aren’t obligated or paid outside the authorized time window, keeping agency spending aligned with approved budgets. The provision that specifically addresses these time limitations and availability is 31 U.S.C. 1502. Other sections cover different rules—such as prohibitions on making expenditures beyond available appropriations (Anti-Deficiency Act concerns) and general rules about appropriation availability—so 1502 is the one that directly handles the period funds may be used.

The ADA Time statute governs when appropriated funds are available to be obligated and spent. It sets the time frame during which an appropriation can be used, and requires obligations and expenditures to occur within that period and be properly apportioned and controlled. This ensures funds aren’t obligated or paid outside the authorized time window, keeping agency spending aligned with approved budgets. The provision that specifically addresses these time limitations and availability is 31 U.S.C. 1502. Other sections cover different rules—such as prohibitions on making expenditures beyond available appropriations (Anti-Deficiency Act concerns) and general rules about appropriation availability—so 1502 is the one that directly handles the period funds may be used.

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