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CBA Budget Execution & Performance Monitoring Flashcards

6 cards from real CBA practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 6 CBA Budget Execution & Performance Monitoring flashcards as text
  1. Which performance measurement framework requires federal agencies to set strategic goals and report progress annually?

    Answer: Government Performance and Results Modernization Act (GPRAMA)

    GPRAMA (2010) requires agencies to establish strategic goals, performance goals, and annual performance plans, and to publicly report results on Performance.gov.

  2. A budget analyst finds that program obligations are running 40% below the planned rate at mid-year. The FIRST recommended action is to:

    Answer: Conduct a root-cause analysis to determine whether the shortfall reflects delays, rescissions, or program issues

    Before taking any corrective action, the analyst must diagnose whether the obligation shortfall stems from procurement delays, program restructuring, policy holds, or other causes.

  3. In performance-based budgeting, 'cost per outcome' measures are used primarily to:

    Answer: Link resource inputs directly to program results to assess value for money

    Cost-per-outcome measures integrate financial and performance data, allowing decision-makers to assess whether resources are producing results efficiently.

  4. What is the primary purpose of a 'variance analysis' in budget execution monitoring?

    Answer: To identify and explain differences between planned and actual budget performance

    Variance analysis compares budgeted versus actual obligations and outlays, explaining the reasons for differences so management can take corrective action.

  5. Under OMB Circular A-11, agencies must submit their President's Budget data through which system?

    Answer: MAX Federal Community (MAX Budget)

    Agencies submit budget justification data, performance plans, and financial information to OMB through the MAX Federal Community, OMB's primary budget data portal.

  6. Which term describes the practice of withholding budget authority from obligation, effectively reducing spending without congressional action?

    Answer: Deferral

    A deferral is an executive branch action that temporarily withholds, delays, or limits the obligation of budgetary resources, subject to congressional notification under the Impoundment Control Act.