Navy - Navedtra 15004B - H - Ch8: Financial Management

Front 1

FOR ACCOUNTING PURPOSE, NAVAL ACTIVITIES ARE DIVIDED INTO WHAT TWO CATEGORIES? (Page 1)
1. Fleet units and landing parties
2. Landing forces and sea support
3. Districts and type commands
4. Shore activities and operating forces

Back 1

4. Shore activities and operating forces

Front 2

THE LETTER X IN THE APPROPRIATION SYMBOL 17X1832 PROVIDES WHAT SPECIFIC INFORMATION? (Page 3)
1. Bureau or office to which the appropriation is assigned
2. Government department administering the appropriation
3. No fiscal year limitations
4. Specific purpose of the appropriation within a bureau or office

Back 2

3. No fiscal year limitations

Front 3

THE SYSTEMS COMMAND THAT ADMINISTER A NAVY APPROPRIATION IS INDICATED IN THE ACCOUNTING CODE BY WHICH OF THE FOLLOWING SETS OF DIGITS?
(Page 3)
1. The first six digits
2. First two digits of the appropriation number subhead
3. Last three digits of the fund symbol
4. First two digits of the appropriation number

Back 3

4. First two digits of the appropriation number

Front 4

WHICH OF THE FOLLOWING SYMBOLS REPRESENTS THE DEFENSE BUSINESS OPERATIONS FUND? (Page 6)
1. 17X4912
2. 17X4888
3. 17X4911
4. 1711804

Back 4

4. 1711804

Front 5

WHAT TYPE OF FUND IS REIMBURSED IN AN AMOUNT EQUAL TO EACH EXPENDITURE? (Page 5)
1. Trust
2. General
3. Special
4. Revolving

Back 5

4. Revolving

Front 6

WHAT IS THE INVENTORY ACCOUNT TITLE FOR MATERIAL PURCHASED BY THE DEFENSE BUSINESS OPERATIONS FUND AND HELD UNTIL NEEDED BY A NAVY CUSTOMER?
(Page 6)
1. Navy Stores Account
2. Navy Stock Account
3. Appropriation Purchase Account
4. Stores Inventory Account

Back 6

2. Navy Stock Account

Front 7

WHAT FUND IS USED TO PROCURE STOCKS OF COMMON SUPPLY ITEMS CARRIED IN THE NAVY STOCK ACCOUNT (NSA)? (Page 5)
1. Navy Industrial Fund
2. Naval Working Fund
3. Defense Working Capital Fund
4. Navy Management Fund

Back 7

2. Naval Working Fund

Front 8

WHICH OF THE FOLLOWING FUNDS IS A REVOLVING FUND USED TO FINANCE COMMERCIAL-TYPE ACTIVITES, SUCH AS A NAVAL SHIPYARD? (Page 7)
1. Naval Working Fund
2. Navy Industrial fund
3. Navy Management Fund
4. Navy Capital Fund

Back 8

2. Navy Industrial fund

Front 9

WITHIN THE NAVY, CONTROL OF THE DEFENSE WORKING CAPITAL FUND IS THE RESPONSIBILITY OF WHICH OF THE FOLLOWING INDIVIDUALS? (Page 5)
1. Chief of Naval Material
2. Chief of Nval Operations
3. Commander, Naval Supply Systems Command
4. Secretary of the Navy

Back 9

3. Commander, Naval Supply Systems Command

Front 10

THE NAVY IS INVOLVED IN IMPROVING A RUNWAY OF A BRITISH AIRFIELD. THE COST OF LABOR AND MATERIAL WILL PROBABLY BE INITIALLY CHARGED TO WHAT FUND?
(Page 7)
1. Defense Business Operations
2. Naval Industrial
3. Naval Working
4. Navy Management

Back 10

3. Naval Working

Front 11

A SPECIAL SHORT-TIME PROGRAM FINANCED BY SEVERAL BUREAU APPROPRIATIONS SHOULD BE FINANCED BY WHICH OF THE FOLLOWING FUNDS? (Page 8)
1. Naval Working Fund
2. Navy Management Fund
3. Navy Stock Fund
4. Special Project Fund

Back 11

2. Navy Management Fund

Front 12

WHAT FUNDS ARE CREDITED FOR MONEY SPENT BY NAVY MEMBERS PROCURING ITEMS FROM THE SHIP'S STORE OF A NAVAL VESSEL? (Page 8)
1. General Fund of theTreasury and Navy Management Fund
2. Defense Business Operations Fund and Ship's Store Profits, Navy
3. Ship's Store Profits Fund and Naval Working Fund
4. Navy Management Fund and Navy Capital Fund

Back 12

3. Ship's Store Profits Fund and Naval Working Fund

Front 13

THE NAVY SHIP'S STORE PROFITS FUND IS WHAT TYPE OF FUND? (Page 8)
1. Trust
2. Deposit
3. Revolving
4. Management

Back 13

1. Trust

Front 14

OBJECT CLASS CODES ARE USED IN WHAT TYPE OF TRANSACTIONS? (Page 3)
1. All OPTAR transactions
2. All transactions that do not affect the international balance of payments
3. Only OPTAR transactions which affect the international balance of payments
4. Only transactions other than OPTAR transaction

Back 14

3. Only OPTAR transactions which affect the international balance of payments

Front 15

WHICH OF THE FOLLOWING OPERATING BUDGET NUMBERS WILL BE SHOWN ON AN INVOICE FOR FUEL TRANSFERRED FROM A FLEET OILER TO A DESTROYER IN THE PACIFIC? (Page 4)
1. 00004
2. 57070F
3. 00070F
4. 00070

Back 15

4. 00070

Front 16

WHAT PREVIOUSLY ASSIGNED CODE IS ALWAYS USED AS THE OPERATING BUDGET NUMBER? (Page 4)
1. Unit identification code
2. Budget suffix code
3. Operating budget grant code
4. Service designator code

Back 16

1. Unit identification code

Front 17

CINCPACFT OPERATING BUDGETS FOR SHIP REPAIR AND FOR FUEL ARE IDENTIFIED BY BUDGET SUFFIX CODES R AND F. (Page 4)
1. True
2. False

Back 17

1.True

Front 18

FOR AVIATION FUNDS ACCOUNTING PURPOSES, SQUADRONS ARE REFERRED TO AS (Page 8)
1. field activities
2. major claimants
3. aviation operating forces
4. accounting and disbursing centers

Back 18

3. aviation operating forces

Front 19

IN WHICH OF THE FOLLOWING OPTAR TRANSACTIONS SHOULD AN OBJECT CLASS CODE BE INDICATED ON EACH DOCUMENT? (Page 3)
1. When material is transferred between type commands
2. When the transaction affected the international balance of payments
3. When an issue for end use is made
4. When material is transferred within the same type of command

Back 19

2. When the transaction affected the international balance of payments

Front 20

THE BUDGETED AMOUNT WITHIN AN OPERATING BUDGET APPROVED IN A FIXED AMOUNT FOR INCURRING OBLIGATING OR UNFILLED ORDERS IS CALLED A/AN
(Page 9)
1. obligation authority
2. expense limitation
3. unfilled order
4. work unit

Back 20

1. obligation authority

Front 21

CINCPACFT RECEIVES TWO OPERATING BUDGETS, WHICH OF THE FOLLOWING CODES IS USED TO IDENTIFY EACH BUDGET? (Page 4)
1. A budget suffix code assigned by the CNO
2. A budget suffix code assigned by CINCPACFLT
3. Either 1 or 2 above
4. A budget suffix code assigned by COMNAVSURPAC

Back 21

2. A budget suffix code assigned by CINCPACFLT

Front 22

The cost code shown on a requisition consists of which of the following elements? (Page 5)
1. Two zeros, unit identification code, and appropriation
2. Two zeros, Julian date, unit identification code and fund code
3. Two zeros, fund code, and appropriator
4. Two zeros, Julian date,serial number, and fund code.

Back 22

4. Two zeros, Julian date, serial number, and fund code

Front 23

WHAT PROGRAM PROVIDES THE RESPONSIBLE COMMANDERS WITH A BUDGET THAT INCLUDES ALL COSTS INCURRED INSTEAD OF ALLLOTMENTS TO COVER ONLY LIMITED PORTIONS OF THOSE COSTS? (Page 9)
1. Accrual accounting
2. Budgeting
3. OPTAR
4. RMS

Back 23

4. RMS

Front 24

OF THE 4 SUBSYSTEMS THAT MAKE UP THE RMS, AN LS WOULD BE MOST CONCERNED WITH WHICH ONE?
(Page 10)
1. Programming and budgeting
2. Management of resources for operating units
3. Management of inventory and similar assets
4. Management of acquisition, use, and disposition of capital assets

Back 24

2. Management of resources for operating units

Front 25

UNDER THE RMS MANAGEMENT PROCEDURES WHICH OF THE FOLLOWING STEPS SHOULD YOU DO FIRST?
(Page 10)
1. Budgeting
2. Reporting
3. Planning
4. Accounting

Back 25

3. Planning

Front 26

THE DEVELOPMENT OF RESOURCE REQUIREMENTS, ADMINISTRATION OF AVAILABLE FUNDS AND CONTINUOUS ANALYSIS OF THE STATUS OF OPTARS ISSUED IS THE RESPONSIBILITY OF WHAT COMMAND OR OFFICER? (Page 11)
1. TYCOM
2. DFAS
3. CNO
4. NAVICP

Back 26

1. TYCOM

Front 27

AMPHIBIOUS ASSAULT SHIPS ARE NOT AUTHORIZED TO CARRY NSA MATERIAL AS INVENTORY. (Page 12)
1. True
2. False

Back 27

2. False

Front 28

WHEN SUADPS-RT ACTIVITIES REQUISITION MATERIAL FOR STOCK OR DTO THEY USE NSF MONEY BY CITING WHAT FUND CODE ON THE EXTERNAL REQUISITION?
(Page 12)
1. 26
2. Y6
3. SAC 203
4. SAC 207

Back 28

4. SAC 207

Front 29

FUND CODES AND ACCOUNTING CLASSIFICATIONS FOR USE BY OPERATING FORCES ARE CONTAINED IN WHAT APPENDIX OF NAVSO P-3013? (Page 17)
1. I
2. II
3. III
4. IV

Back 29

2. II

Front 30

What form is used to record OPTAR grants? (Page 17)
1. NAVCOMPT 2155
2. NAVCOMPT 2156
3. NAVCOMPT 2157
4. NAVCOMPT 2206

Back 30

1. NAVCOMPT 2155

Note:
NAVCOMPT 2156 - TL
NAVCOMPT 2157 - BOR
NAVCOMPT 2206 - AVCAL REQUISITION OPTAR LOG

Front 31

UNDERWAY REPLENISHMENT REQUISITIONS SHOULD BE MAINTANED IN WHAT OPTAR HOLDING FILE? (Page 17)
1. File 1
2. File 2
3. File 3
4. File 4

Back 31

1. File 1

Front 32

OPTAR HOLDERS OPERATING UNDER SUADPS PROCEDURES SHOULD SUBMIT AN OPTAR DOCUMENT TRANSMITTAL REPORT TO THE DFAS FOR CURRENT FISCAL YEAR OPTARs ON WHAT DAY(S) OF THE MONTH?
(Page 18)
1. 1st of each month only
2. 1st and 15th of each month
3. Last day of each month only
4. 15th and last day of each month

Back 32

3. Last day of each month only

Front 33

A message Budget/OPTAR Report NAVCOMPT FORM 2157, is submitted to the DFAS no later than what day of the month following the end of the month being reported? (Page 18)
1. 1st
2. 2nd
3. 15th
4. Last

Back 33

2. 2nd

Front 34

WHAT PROCESS RESULTS IN THE PRODUCTION OF LISTINGS THAT PROVIDE A REPORT OF TRANSACTIONS AFFECTING THE OPTAR HOLDERS FUNDS? (Page 18)
1. Transmittal
2. Summary
3. Reconciliation
4. Requisition

Back 34

3. Reconciliation

Front 35

THE UNMATCHED EXPENDITURE LISTING ARE RECEIVED HOW OFTEN? (Page 19)
1. as required
2. Weekly
3. Monthly
4. Quarterly

Back 35

4. Quarterly

Front 36

WHAT LISTING IS RETAINED BY THE DFAS FOR BACK UP PURPOSES ONLY? (Page 19)
1. Unmatched Expenditures
2. Detail Filled Order/Expenditure
3. Summary Filled Order/Expenditure
4. Aged Unfilled Order

Back 36

2. Detail Filled Order/Expenditure

Front 37

DIFFERENCES OF WHAT MINIMUM AMOUNT ARE MANUALLY RESEARCHED BY THE DFAS BEFORE BEING REPORTED TO THE OPTAR HOLDER? (Page 4)
1. $500
2. $1,000
3. $2,000
4. $3,000

Back 37

4. $3000.00

Front 38

UNFILLED ORDERS THAT HAVE NOT MATCHED WILL APPEAR ON THE UOL AFTER WHAT MINIMUM NUMBERS OF DAYS? (Page 19)
1. 30 DAYS
2. 60 DAYS
3. 120 DAYS
4. 180 DAYS

Back 38

3. 120 DAYS

Front 39

Who authorizes an appropriation to incur obligations? (Page 1)
1. Congress
2. Secretary of the Navy
3. Secretary of the Treasury
4. President of the United States

Back 39

1. Congress

Front 40

Most appropriation used to finance the normal operating costs of the Navy are for what period of time?
(Page 2)
1. A month
2. A quarter
3. Six months
4. A year

Back 40

4. A year

Front 41

The fiscal year covers what specific period of time?
(Page 2)
1. 1 July to 30 June
2. 1 October to 30 September
3. 1 January to 31 December
4. 1 April to 31 March

Back 41

2. 1 October to 30 September

Front 42

What type of work is supported by a continuing appropriation? (Page 2)
1. Maintenance of buildings
2. Repair of office equipment
3. Preventive maintenance on vehicles
4. Construction of a supply building

Back 42

4. Construction of a supply building

Front 43

Appropriations are placed in what order as to their status? (Page 2)
1. Current, lapsed, expired
2. Current, expired, lapsed
3. Lapsed, current, expired
4. Expired, lapsed, current

Back 43

2. Current, expired, lapsed

Front 44

At the end of their availability period, the unliquidated obligations of annual and/or multiple-year appropriations are transferred to which of the following government agencies? (Page 2)
1. Treasury
2. Defense
3. Navy
4. Civil Defense

Back 44

1. Treasury

Front 45

The third digit in the appropriation symbol on an accounting document covering charges and credits to funds provides which of the following items of information? (Page 3)
1. Type of fund
2. Fiscal year
3. Particular fund
4. Department administering the fund

Back 45

2. Fiscal year

Front 46

The first two digits of symbol 17X4911 indicate that the appropriation is administered by which of the following agencies? (Page 3)
1. Defense Department
2. Comptroller of the United States
3. Bureau of Naval Personnel
4. Navy Department

Back 46

4. Navy Department

Front 47

All except which of the following transactions would cause a charge against the Defense Business Operations Fund? (Page 6)
1. NSA losses by accounting, survey, or sale not properly charged to an appropriation
2. Payment of claims approved by the General Accounting Office (GAO)
3. Donations of surplus NSA material for public health and educational purposes
4. Cash sales from the NSA to foreign governments

Back 47

4. Cash sales from the NSA to foreign governments

Front 48

Which of the following funds is a revolving fund used to finance commercial-type activities, such as a naval shipyard? (Page 7)
1. Naval Working Fund
2. Navy Industrial Fund
3. Navy Management Fund
4. Navy Capital Fund

Back 48

2. Navy Industrial Fund

Front 49

In connection with operating force OPTAR accounting, the authorized accounting activity is the unit identification code of the appropriate DAFS. (Page 4)
1. True
2. FAlse

Back 49

1. True

Front 50

Unit identification numbers are assigned by which of the following individuals? (Page 4)
1. Secretary of Defense
2. Secretary of the Navy
3. Comptroller of the Navy
4. Director of the Budget

Back 50

3. Comptroller of the Navy

Front 51

Responsibility for assigning accurate unit identification code on requisitions rests with which of the following organizations? (Page 4)
1. Navy Finance Center
2. Naval Supply Center
3. Preparing activity
4. Shipping activity

Back 51

3. Preparing activity

Front 52

Appropriated funds are made available at the operating level in what form(s)? (Page 4)
1. Appropriations or warrants
2. Appropriation or allotments
3. Operating budgets
4. Allotments or suballotments

Back 52

3. Operating budgets

Front 53

The position of resource manager can only be held by a military person. (Page 8)
1. True
2. False

Back 53

2. False

Front 54

Which of the following commands or activities are NOT included in ship operating forces? (Page 9)
1. Active fleet ships
2. All shore activities
3. Amphibious battalions
4. Staff and commands

Back 54

2. All shore activities

Front 55

Unfilled order chargeable documents are assembled and forwarded to what official or activity by the OPTAR holder? (Page 9)
1. TYCOM
2. NAVAIR
3. DAFS
4. CNO

Back 55

3. DFAS

Front 56

To determine how OPTARs are to be administered and reported, you should refer to what publication? (Page 11)
1. OPNAVINST 4790.2
2. NAVSO P-3013.2
3. NAVCOMPT Manual, volume 5
4. NAVSUP P-485

Back 56

2. NAVSO P-3013.2

Front 57

The Navy Working Capital Fund (NWCF) is reimbursed when material is requisitioned for use by charging the customer's (Page 11)
1. Imprest fund
2. expense limitation
3. TYCOM
4. OPTAR

Back 57

4. OPTAR

Front 58

The responsibility for formal accounting by the Navy Operating Forces is to be placed ashore. (Page 12)
1. True
2. False

Back 58

1. True

Front 59

All but which of the following SUADPS-RT activities receive supplies and equipage (S&E) OPTAR grants to cover the operation and maintenance of the activity?
(Page 14)
1. Aircraft carriers
2. Amphibious assault ships
3. Repair tenders
4. Marine air groups

Back 59

4. Marine air groups

Front 60

Under OPTAR accounting procedures, what dollar value currently is considered the threshold amount? (Page 15)
1. $25
2. $50
3. $100
4. $150

Back 60

3. $100

Front 61

What type of OPTAR, if any, is exempt from threshold concept? (Page 15)
1. AOM
2. Reimbursable
3. Nonreimbursable
4. None

Back 61

4. None

Front 62

Which of the following codes is NOT considered as one of the nine data fields of a complete line of accounting data? (Page 16)
1. UIC
2. County
3. Subhead
4. Object class

Back 62

2. County

Front 63

Free issue material should not be entered in the requisition OPTAR log. (Page 17)
1. True
2. False

Back 63

2. False

Front 64

All differences shown on the SFOEDL are listed by what code? (Page 16)
1. Rejection
2. Transaction type
3. Fund
4. Cost

Back 64

3. Fund

Front 65

The Unmatched Expenditure Listing itemizes expenditure documents that exceed $100 in value.
(Page 21)
1. True
2. False

Back 65

2. False

Front 66

What is an account of how much money has been spent, how much is obligated, and how much is available under each appropriation or subdivision (e.g., operating budget)? (8-1)

Back 66

Appropriation Accounting

Front 67

What is an account through with the Navy can accumulate all costs according to activity or unit, purpose, and type of expenditure? (8-1)

Back 67

Cost Accounting

Front 68

What is an account used to maintain records of material and supplies on hand? (8-1)

Back 68

Inventory (Stores) Accounting

Front 69

What is an account used to maintain records of all Navy-owned or Navy-controlled real property and equipment of a capital nature ashore? (8-1)

Back 69

Plant Property Accounting

Front 70

What is an account used to maintain records of payments to civilian and military personnel of the Navy? (8-1)

Back 70

Payroll Accounting

Front 71

The Navy expends money from one of what two major classifications? (8-1)

Back 71

Appropriations or Funds

Front 72

What is an authorization by an Act of Congress to incur obligations for a specified time and purpose and to make payments out of the Treasury? (8-1)

Back 72

Appropriaiton

Front 73

The accounting period of the Navy is the what? (8-2)

Back 73

Fiscal Year

Front 74

How many types of appropriations may be in the Navy, depending upon the purpose fro which they are issued? (8-2)

Back 74

Three

Front 75

What generally cover the current operating and maintenance expenses of the Navy? (8-2)

Back 75

Annual appropriations

Front 76

What occurs when an order is placed by an afloat unit or material is issued to an ashore activity , or similar transactions during a given period that requires future payments? (8-2)

Back 76

Obligation

Front 77

What is an appropriation that is available for incurring obligations during the current fiscal year? (8-2)

Back 77

Current appropriation

Front 78

What is an appropriation that is no longer available for incurring obligations? (8-2)

Back 78

Expired appropriation

Front 79

What is the undisbursed balance of an appropriation and is no longer available for disbursement by the department? (8-2)

Back 79

Lapsed appropriation

Front 80

What consists of a seven-digit number identifying the government agency responsible for administering the appropriation, the fiscal year, and the specific appropriation? (8-3)

Back 80

Appropriation symbol

Front 81

Who has fiscal responsibility for the appropriation 1751804 for operation and maintenance of Navy focus? (8-4)

Back 81

CNO

Front 82

What is the UIC of the activity that performs the accounting for an operating budget/fund? (8-4)

Back 82

Authorization Accounting Activity (AAA)

Front 83

All UIC's currently assigned are listed in what? (8-4)

Back 83

NAVCOMPT Manual, Volume 2

Front 84

The cost code consists of how many characters and may be alphabetic, numeric, or both? (8-4)

Back 84

12

Front 85

Funds fill a very important need in financing the day to day operations of the Navy? What are the two extensively used types of funds? (8-5)

Back 85

Revolving and trust

Front 86

What is a fund established to finance a cycle of operations? (8-5)

Back 86

Revolving fund

Front 87

What is the one fund that you will be most concerned with? (8-5)

Back 87

Navy Working Capital Fund

Front 88

The total value of the NWCF is reviewed how often by Congress and adjusted to meet current requirements? (8-5)

Back 88

Annually

Front 89

What is an inventory account and an integral part of the NWCF serving as a holding account for NWCF procured supplies before their sale? (8-6)

Back 89

Navy Stock Account (NSA)

Front 90

What is a revolving fund used to finance industrial commercial-type activities? (8-7)

Back 90

Navy Industrial Fund

Front 91

What provides a single permanent revolving fund for financing all work not chargeable to a current naval appropriation? (8-7)

Back 91

Naval Working Fund

Front 92

What fund is used for the economical and efficient completion of Navy operations, which are financed by two or more appropriations? (8-8)

Back 92

Navy Management Fund

Front 93

What is a fund held in trust by the Navy for use as specified in a special agreement or Act of Congress? (8-8)

Back 93

Trust Fund

Front 94

What is a series of systems designed to promote better management procedures throughout the Department of Defense (DoD) by providing managers with improved methods of obtaining and controlling resources required to accomplish the assigned missions? (8-8)

Back 94

Resource Management System (RMS)

Front 95

What is the method used where operating costs are accounted for in the fiscal (accounting) period during which the costs of resources consume or applied are received? (8-8)

Back 95

Accrual Accounting

Front 96

What are codes established by DoD to classify expenses for cost accounting and reporting purposes? (8-9)

Back 96

Expense element codes

Front 97

What is the financial authority issued by a major claimant or sub claimant to an international level of command? (8-9)

Back 97

Expense limitation

Front 98

What is an authorization of funds subject to administrative control issued to a level below the responsibility center? (8-9)

Back 98

Operating Target (OPTAR)

Front 99

What is an administrative money ceiling established by the fleet commander? (8-9)

Back 99

Threshold

Front 100

What for accounting purposes, is a general term used to describe a request document for material or services that has been entered in the OPTAR log? (8-9)

Back 100

Unfilled order

Front 101

What is an unit of measurement, such as documents processed, tonnage moved, students trained, or gallons processed? (8-9)

Back 101

Work unit

Front 102

How many interrelated subsystems make up the RMS to meet the objectives of the DoD? (8-10)

Back 102

Four

Front 103

What in DoD is concerned with developing long and midrange strategy and operational concepts, objectives, and requirements based on continuously projected appraisals of the world situation and on technological and intelligence forecast? (8-10)

Back 103

Planning

Front 104

What is concerned with setting specific 5-year defense goals and the schedule for achieving them, grouping functions and activities sharing the same objectives into major programs, and estimating resource requirements for each? (8-10)

Back 104

Programming

Front 105

What is the function of formulating 1-year projections of resource requirements for programs, balancing priorities in the competition for limited resources, and obtaining associated funds? (8-10)

Back 105

Budgeting

Front 106

What is the function of measuring the results of performance (progress and status of programs), usually in financial terms, both for functional areas and organizational units? (8-10)

Back 106

Accounting

Front 107

What is concerned with transmitting financial and nonfinancial information on the status and progress of programs to appropriate management levels? (8-11)

Back 107

Reporting

Front 108

What is the function of reviewing the accuracy of recorded and reported results, and judging both the adequacy of established policies and procedures and the activity's compliance with them? (8-11)

Back 108

Auditing

Front 109

For accountability, material procured with Navy Stock Account (NSA) money is classified as NSA material, and the activities that stock this material are called what? (8-12)

Back 109

NSA activities

Front 110

It is a policy of whom that the accounting effort performed by Navy Operating Forces is kept to the absolute minimum? (8-12)

Back 110

Secretary of the Navy

Front 111

What performs the official accounting and reporting for OPTARs issued by the TYCOM? (8-13)

Back 111

Defense Finance Accounting Service (DFAS)

Front 112

What term is defined as an estimate of the amount of money that will be required by an operating ship, staff, squadron, or other unit to perform assigned tasks and functions? (8-14)

Back 112

Operating Target (OPTAR)

Front 113

Each year Congress enacts what appropriation that authorizes the Navy to buy needed material and services? (8-14)

Back 113

O&MN

Front 114

Each activity establishes what to record OPTAR grants and the value of transactions authorized to be incurred as chargeable to the TYCOM operating budget? (8-17)

Back 114

Requisition/OPTAR Log, NAVCOMPT Form 2155

Front 115

What are established by fiscal year for each OPTAR received to hold the appropriate accounting documents and listings pending transmittal to the DFAS? (8-17)

Back 115

OPTAR holding files

Front 116

What is forwarded monthly by the DFAS to individual OPTAR holders for each OPTAR held and is a report of all filled orders with a difference of $100 or more? (8-19)

Back 116

Summary Filled Order/Expenditure Difference Listing (SFOEDL)

Front 117

An Unmatched Expenditure Listing (original and one copy) is forwarded how often, when applicable, but the DFAS to the individual OPTAR holders? (8-19)

Back 117

Quarterly