What Act required federal wages be direct deposited?

Prepare for the Certified Defense Financial Manager Exam 1. Study with flashcards and multiple choice questions. Each question includes hints and explanations to boost your knowledge. Ace your exam with confidence!

Multiple Choice

What Act required federal wages be direct deposited?

Explanation:
The direct deposit of federal wages was established by the Government Management Reform Act of 1994. This act included provisions to move federal disbursements, including payroll, toward electronic methods to improve efficiency, tracking, and security. The other acts focus on different areas—financial management structure (CFO Act), internal controls and accountability (FMFIA), and civil rights (ADA)—and do not mandate direct deposit for federal wages.

The direct deposit of federal wages was established by the Government Management Reform Act of 1994. This act included provisions to move federal disbursements, including payroll, toward electronic methods to improve efficiency, tracking, and security. The other acts focus on different areas—financial management structure (CFO Act), internal controls and accountability (FMFIA), and civil rights (ADA)—and do not mandate direct deposit for federal wages.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy