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☆☆☆☆☆Cards in this guide (14)
What is the body of law that governs the availability and use of federal funds
Fiscal Law
How do you spell commitments
That is the correct spelling of "commitments" (obligations).
Which stage of disbursement accounting is also known as the accounts payable stage
accrued expenditures unpaid "U"
What is a snap shot of a commanders actual budget execution during the current fiscal year
status of funds
Who is responsible for providing fiscal year end guidance procedures to bases reviewing status of accounting systems assisting with posting obligations in the accounting system and executing closeout
DFAS
Is a commitment a legally binding agreement between the government and a contractor
False
Who is responsible for providing fiscal year-end guidance procedures to bases
DFAS
Were is Air Force's Head Quarters
The Air Force's Head Quarters is at the Pentagon, in Arlington, Virginia.
When was Level Plane Records created
Level Plane Records was created in 1997.
Who are responsible for conducting reviews of dormant commitments and unliquidated obligations irrespective of wether the funds holder or accounting office actually records the commitments or obligati
not ALO
What is the first quarter of the government fiscal year
October to December
What funds are available for new obligations for a period of five years
What funds are available for new obligations for a period of five years
Congress has the ability to appropriate funds to be spent by the federal government.
Congress has the ability to appropriate funds to be spent by the federal government.
The phase begins on 1 October and encompasses the process of distribution of funds
execution
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