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10 Cards in this Set
- Front
- Back
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What is a current rate?
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GAO regards the current rate to mean a sum of money rather than a progrma level
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How to determine the current rate of perations when funds transfer in and out?
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Funds transferred out to other accounts during the fiscal year should not be deducted in determining current rate. Funds transferred into the account should not be added
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How to determine the current rate of perations when funds transfer in and out?
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Funds transferred out to other accounts during the fiscal year should not be deducted in determining current rate. Funds transferred into the account should not be added
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How do you annualized current rate?
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If you received funds in the middle of a fiscal year, you need to annualize funds to determine current rate
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How you determine the rate not exceeding current rate?
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If there is a balance of prior year unobligated funds carried over the next fiscal year, under a Continuing Resolution, they must be deducted current funds to arrive to a current rate.
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What is a CRA spending pattern?
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An agency may determine the pattern of its obligationsunder a CRA so long as it operates under a plan which will keep it whithin the limit of the rate set by the resolution
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What happens when the rate of operations exceeds final appropriation?
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CG held that funds legally obligated under the authority of a continum resolution remin available to pay obligations
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Who is an accountable officer?
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Government Officer or Employee responsible for or has custody of government funds. They are Certifying Officers, Disbursing Officers, Accountable Officials
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Who is a certifying officer?
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Government Officer of Employee who certify vouchers for payments, has no public funds in possession, Responsible for the legality of proposed payments and liable for the amount of illegal or improper payments
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How to request Advance Decisions?
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DoD General Counsel can provide with an advane decision to a CO or DO as to the propriety of certifying a payment or making a payment using appropriated funds
FMR Vol 5 Appendix E |
