When is the first Concurrent resolution due?

Prepare for the Society of Defense Financial Management Exam. Study with flashcards and multiple choice questions, each question has hints and explanations. Ready yourself for your exam!

The correct answer is April 15th, as this date is established in the budgetary process as the deadline for the first Concurrent Resolution on the budget. This resolution is crucial because it sets the framework for federal budget priorities and spending for the upcoming fiscal year. The significance of April 15th lies in its alignment with other deadlines in the budget process, ensuring legislative coordination and giving Congress adequate time to consider estimated revenues and spending levels.

This date allows lawmakers to provide an early blueprint for budgetary issues, enabling further discussions and adjustments in subsequent appropriations bills. Understanding the timing of this resolution is essential for professionals in defense financial management, as it impacts the planning and allocation of resources within defense sectors.

The other dates would either fall too early or too late in the budget cycle, making them invalid for this particular requirement. April 1st, for instance, would not give sufficient time following the initial budget proposal phase, while dates like April 30th or May 1st are beyond the traditional deadline for submitting this important legislative document.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy