True or False: The Anti-Deficiency Act principles state that services can be received without payment as a benefit to the government.

Prepare for the FOB105 Financial Management Body of Knowledge Test. Utilize flashcards and multiple-choice questions with hints and explanations. Get exam-ready now!

The principles of the Anti-Deficiency Act (ADA) focus on preventing federal officials from over-committing or obligating funds beyond what has been appropriated by Congress. This means that services provided to the government typically require a commitment of funds before they can be received. The ADA prohibits agencies from incurring obligations for which no appropriated funds are available, emphasizing that payment is necessary to uphold the accountability and integrity of government financial practices.

In this context, receiving services without payment contradicts the core tenets of the Anti-Deficiency Act. Federal entities must ensure that they have the necessary funds appropriated before committing to any expenditure for services. Hence, the statement asserting that services can be received without payment as a benefit to the government is not aligned with the principles of the ADA, leading to the conclusion that the correct response indicates this is false.

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