Financial Management Principles. Block 2

Front 1

What are the 3 principles of fiscal law?

Back 1

Purpose, Time, and Amount

Front 2

What funds will be used for education and training expenses?

Back 2

Operation and Maintenance(3400)

Front 3

What type of appropriation is still available for five years for recording and/or payment of obligations incurred during period of availability?

Back 3

Expired

Front 4

What funds will you use to fund civilian-pay salaries?

Back 4

O&M (3400)

Front 5

What funds will you use to purchase major end items and defense systems?

Back 5

Other Procurement (3080)

Front 6

Obligation adjustments to an expired O&M appropriation are allowed for many years?

Back 6

5

Front 7

Which is NOT a principle of fiscal law?

Back 7

Necessity

Front 8

What funds will you use to pay for day-to-day headquarters operations?

Back 8

O&M (3400)

Front 9

What does the "purpose" of fiscal law mean?

Back 9

Using money as intended by Congress

Front 10

What funds will be used for pay and allowance on reserve personnel?

Back 10

Reserve Personnel (3700)

Front 11

Which is NOT part of the three-part test for the necessary expense rule?

Back 11

You need it

Front 12

Which is NOT one of the appropriation durations discussed in this course?

Back 12

Two-year appropriation

Front 13

Which is NOT an example of a one-year appropriation?

Back 13

Military Construction (MILCON) -- 3300

Front 14

What are the ABC's of briefing?

Back 14

Accurate, brief, clear

Front 15

What is the name of the report produced by the Commanders' Resource Integrated System (CRIS) to help analysts produce the status of funds briefing?

Back 15

Operating Budget Ledger (OBL)

Front 16

How should slides be prepared?

Back 16

Commander's preference

Front 17

What is the first step in program analysis?

Back 17

Define the Program

Front 18

Which of the following is not a responsibility of the DFAS role?

Back 18

Load a PSR, if that PSR was built that same day

Front 19

Fiscal year-end closeout tasks include all of the following EXCEPT ____________.

Back 19

Spend all the money given to your base

Front 20

What should you do to invalid documents?

Back 20

Decommit/deobligate

Front 21

When should you balance/eliminate your AF Forms 616?

Back 21

15 September

Front 22

Who is responsible for moving funds from commitments to obligations?

Back 22

Defense Finance and Accounting Service (DFAS)

Front 23

____________ plays an important role in providing business advice and acquisition support to the Air Force (AF) mission.

Back 23

Contracting (CONS)

Front 24

What is used to correct/eliminate mistakes during future closeouts?

Back 24

Reviewing prior year Lessons Learned

Front 25

How often MUST you check your Open Document Listing (ODL) starting 1 September?

Back 25

Every other day

Front 26

Who provides each organization, including tenants, a copy of the entire closeout plan?

Back 26

Financial Management and Analysis (FMA)

Front 27

Who is the key communicator for all issues between the different players and the Defense Finance and Accounting Service (DFAS)?

Back 27

Financial Management and Analysis (FMA)

Front 28

How much of the Open Document Listing (ODL) must be reviewed in September?

Back 28

100%

Front 29

The document submitted to Contracting (CONS) to request the acquisition of a commodity, service, or construction request from sources other than the U.S. Government is _______________.

Back 29

AF Form 9, Purchase Request

Front 30

What form is used at fiscal year-end closeout as a temporary obligating document?

Back 30

AF Form 406, Miscellaneous Obligation/Reimbursement Document (MORD)

Front 31

________________ are issued and accepted for performance in a Department of Defense (DoD) owned and operated establishment and are processed as commitments.

Back 31

AF Form 185, Project Order

Front 32

What is known as building a relationship of mutual trust, understanding, and agreement between people?

Back 32

Rapport

Front 33

____________ is the most important part of communication.

Back 33

Listening

Front 34

Which of the following is NOT how relationships between people can be flawed?

Back 34

Differences

Front 35

Which is NOT one of the conflict resolution styles?

Back 35

Communicating

Front 36

This style may be useful and appropriate, if the thing you are after is more important than the relationship, or when there is a situation where all involved understand it is a competition, like sports or military operations against the enemy.

Back 36

Competing

Front 37

This style is useful as a temporary strategy, so we can cool off or take some time to think.

Back 37

Avoiding

Front 38

The only way conflicts get resolved is when you ____________ the problem and not each other.

Back 38

Attack

Front 39

___________ involves the ability to negotiate effectively and resolve differences is a critical human dynamic, as decisions often hang in the balance.

Back 39

Conflict Resolution

Front 40

_______________ is to give into other individuals.

Back 40

Accommodating

Front 41

Meeting halfway or giving up something in order to get something is ____________ .

Back 41

Compromising

Front 42

What is meant by to advise, urge, or convince; to induce a person to adopt a position or take an action by means of emotional or intellectual appeal, argument, or reason?

Back 42

Persuade

Front 43

The preferred method of conflict resolution, when time is available and appropriate, is ____________.

Back 43

Collaborating

Front 44

The first step in successful communication is

Back 44

Identification of the purpose

Front 45

____________ is the process of guiding people toward the adoption of an idea, attitude or action by rational and symbolic means.

Back 45

Persuasion

Front 46

What is the purpose of a decision briefing?

Back 46

Produce an answer to a question

Front 47

_____________ is the key to success.

Back 47

Facilitation

Front 48

Which of the following is NOT a stage of Group Dynamics?

Back 48

Norming

Front 49

One of the most powerful things you can do to your presentation is add

Back 49

Visual aids

Front 50

What are the three major components of communication?

Back 50

Message, Sender and Receiver

Front 51

The goals you set will establish the __________ for a/an __________ plan.

Back 51

framework; effective

Front 52

The responsibility of the __________ is to capture the topics being discussed, not record conversations word-for-word.

Back 52

Recorder

Front 53

Provide information in charts, graphs, and reading material at least _____ hours before a meeting to ensure a successful meeting.

Back 53

48

Front 54

______________ can have an impact on the decision your commander will make.

Back 54

Consequences

Front 55

Effective meetings produce results, if they begin with ____________.

Back 55

Planning

Front 56

It is important to realize that during a presentation we take away ______ of the verbal information.

Back 56

38%

Front 57

One of the most difficult dynamics of a meeting is ________________.

Back 57

Time management

Front 58

What is the tendency to favor certain material over other material when processing information?

Back 58

Cognitive bias

Front 59

What is the specific thought process that improves the ability to be creative; to engage imaginative mental processes to generate new thoughts and ideas?

Back 59

Creative thinking

Front 60

Which core critical thinking skill means to identify relationships among statements, questions, concepts, descriptions, or other forms of representation (beliefs, judgement, experiences, reasons, information, or opinions)?

Back 60

Analysis

Front 61

Which is NOT a core critical thinking skill?

Back 61

Documentation

Front 62

Which is NOT a barrier to effective critical thinking?

Back 62

Inference

Front 63

Creative(critical) thinking begins with _____________.

Back 63

awareness ?

Front 64

What is the application of creative thought; the ability to imagine or invent something new?

Back 64

Creativity

Front 65

Which creative thinking method is two or more existing ideas that are combined into a third, new idea?

Back 65

Synthesis

Front 66

Which is NOT a creative thinking method?

Back 66

Heuristics

Front 67

What is to self-consciously monitor one's own thinking activities?

Back 67

Self-regulation

Front 68

What does reasoning start with?

Back 68

A goal or purpose

Front 69

The questions we formulate and the way we word them determines what ________________.

Back 69

we focus on. ?

we discuss

Front 70

Methods, tools, and techniques have been devised to help with creative thinking. What is their application dependent upon?

Back 70

The right context

Front 71

Which type of creativity are we primarily concerned with?

Back 71

Cognitive creativity

Front 72

What is a claim that is a reason for, or objection against, some other claim?

Back 72

Premise

Front 73

What is seeking and interpreting data only to confirm one's position?

Back 73

Confirmation bias

Front 74

Every problem that has been solved can be solved in ________________.

Back 74

A better way

Front 75

"To solve the problem, not implement a particular solution" is ____________________.

Back 75

The goal of problem solving

Front 76

What is meant by to comprehend and express the meaning or significance of a wide variety of experiences, situations, data, events, judgments, beliefs, rules, etc.?

Back 76

Interpretation