Cards in this guide (20)
What type of appropriation can be used to fund a two year old O and M contract adjustment
31 USC 3802 sets the pecuniary liability limit to a civil penalty of how much
of not more than $5,000 and twice the full amount of the
erroneous payment
If there is an erroneous payment then
the Certifying Officer is presumed negligent
Which of the following is a reason the roles of a Certifying Officer and an Accountable Official are important
They ensure legally accurate and timely recording of supporting
documentation and payment vouchers
Which is true about commanders
They must have affirmative authority to use funds for a
particular purpose
Which best describes Official Representation Funds ORF
They recognize the legitimate need to provide official
entertainment, where it might otherwise be prohibited by law
What is the purpose of Operation and Maintenance 3400 appropriation
Day-to-day expenses such as training exercises, deployments and
civilian pay
Which level includes all the details of an accounting classification resulting in a unique fund citation
Program summary record (PSR)
From an accounting and funds control perspective which are the best examples of what you would do in the implementation and evaluation steps of the decision making process
Both ensure correct fund cite is on commitment/obligation
documents and track expenditures and compare them to
projections
When congress hasn't passed the new fiscal years appropriation act by the start of the new fiscal year what does saf fmb provide that allows air force activities to spend money pending the passing
Continuing Resolution Authority (CRA)
Which of the following is true about congressional spending power
It needs to be in pursuit of the general welfare
From an accounting and funds control perspective what is the best examples of what you would do in the implementation and evaluation steps of the decision making process
both ensure correct funds cite is on commitment/obligation
documents and track expenditures and compare them to
projections
An Accountable Official is appointed through the chain of command
What are the major categories of accounting
Following are major categories of accounting:
1 - Cost accounting
2- Financial accounting
3 - management accounting
What IS a defense against pecuniary liability
Following the established procedures is a defense against pecuniary liability.
Followed established procedures
What is an accountable official's responsibilities
In an accounting classification what does the EEIC represent
- Element of Expense/Investment Code
- Element of Expense Identification Code
The financial management board (FMB) and the financial working group (FWG) implement a quarterly phased plan that allows the fma office to distribute funds to
Resource advisors, who in turn, distribute the funds to
responsibility center managers
5783400 308 158U A00508 04 409 667100 ESPZA 5000The appropriation section of this fund cite best relates to which fiscal concept in the above example
Is a reason the roles of a Certifying Officer and an Accountable Official are important
To avoid the presumption of negligence