What type of stop-gap appropriation has been used since the 1880s?

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 type of stop-gap appropriation has been used since the 1880s?

Explanation:
Continuing resolutions provide stop-gap funding by authorizing agencies to operate at the same funding levels as the prior year for a defined period while Congress completes the annual appropriations bills. This mechanism has been used since the 1880s to prevent a government shutdown during the lengthy appropriations process. It differs from a base budget, which is the regular, ongoing level of funding for programs; from emergency funds, which are set aside for unforeseen crises; and from supplemental appropriations, which add funds to address new needs within a fiscal year. In short, the stop-gap tool used since the 1880s is the continuing resolution.

Continuing resolutions provide stop-gap funding by authorizing agencies to operate at the same funding levels as the prior year for a defined period while Congress completes the annual appropriations bills. This mechanism has been used since the 1880s to prevent a government shutdown during the lengthy appropriations process. It differs from a base budget, which is the regular, ongoing level of funding for programs; from emergency funds, which are set aside for unforeseen crises; and from supplemental appropriations, which add funds to address new needs within a fiscal year. In short, the stop-gap tool used since the 1880s is the continuing resolution.

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