Financial Management Ch 8

Front 1

Naval accounting activities are divided into what 2 categories?

Back 1

Shore activites and operating forces

Front 2

Who authorizes an appropriation to incur obligations?

Back 2

Congress

Front 3

Most appropriations last how long

Back 3

1 year

Front 4

What type of work is supported by continuing appropriations?

Back 4

Construction of a building

Front 5

Appropriations are place in what order?

Back 5

Current, expired and lapsed

Front 6

At the end of the unavailability period, unliquidated obligations of appropriations are transferred to which govnt agencies?

Back 6

Treasury

Front 7

The third digit in the appropriation symbol shows what?

Back 7

Fiscal year

Front 8

X in 17x1832 shows what?

Back 8

No fiscal year limitations

Front 9

Which represents the last 2 digits of major claimants uic?

Back 9

First 2 digits of the appropriation number subhead.

Front 10

What type of fund is reimbursed in an amount equal to each expenditure.

Back 10

Revolving

Front 11

What fund is used to bn procure stocks of common supply item in NSA?

Back 11

NWCF

Front 12

Who is admin of NWCF

Back 12

CDR of NAVSUP SYSCOM

Front 13

Which symbol represents DBOF?

Back 13

17X49 11

Front 14

What is the inv. Account title for material purchased by DBOF and held until needed by navy customer?

Back 14

NSA

Front 15

What is a revolving fund used to finance commercial type activities like a shipyard?

Back 15

Navy Industrial Fund

Front 16

What fund is used for British runway is charged with?

Back 16

Naval Working Fund

Front 17

Navy ships store profits fund is what fund?

Back 17

Revolving

Front 18

Object class codes are used in what transactions?

Back 18

Only optar that affect internal balance of payments

Front 19

What previously assigned code is always used as operating budget number?

Back 19

UIC

Front 20

UIC codes are assigned by who

Back 20

Comptroller of the navy

Front 21

Responsibility for assigning accurate UIC on requisition rests with which organization?

Back 21

Prepping activities

Front 22

Which following operating budget is for fuel transferred from Pacific fleet oiler?

Back 22

00070F

Front 23

For aviation funds accounting purposes, squadrons are referred?

Back 23

Aviation Operating Forces

Front 24

In OPTAR transactions should an object class code be indicated on each document.

Back 24

When the transaction affected the international balance of payments

Front 25

Cost code consists of what?

Back 25

00 julian date s/n and fund code

Front 26

For aviation funds accounting, squadrons are referred to as?

Back 26

Aviation operating forces

Front 27

What is budgeting amnt within operating budget approved in fixed amnt for incurring obligations or unfilled orders?

Back 27

Obligation authority

Front 28

Program provides responsible CDR with budget that includes all cost incurred instead of allotments to cover limited portion of costs

Back 28

RMS

Front 29

RMS procedure used first

Back 29

Planning

Front 30

Development of resource requirements, admin of available funds and continuous analysis of status of optar is responsibility of

Back 30

TYCOM officer

Front 31

Optar are in what pub

Back 31

NAVSO P3013-2

Front 32

NWCF is reimbursed when material is requisitioned for use by charging customers

Back 32

OPTAR

Front 33

What is OPTAR threshold amount?

Back 33

$250

Front 34

What OPTAR is exempt from threshold?

Back 34

Reimbersable

Front 35

A mag Budget OPTAR reports submitted to DFAS no later than what day?

Back 35

1st day of the month following the month being reported.

Front 36

SFOEDLs are received how often?

Back 36

Monthly

Front 37

All differences on SFOEDL are listed by what code?

Back 37

Fund code

Front 38

Differences of what min dollar amount are manually researched by DFAS before being reported to OPTAR

Back 38

$250

Front 39

Unfilled orders that havnt been matched will appear on UOL in how many days?

Back 39

120