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Business Accounting and Bookkeeping

Tobin Boyle ∙

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∙ 4y ago

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Term1/13

Which is true about commanders

Definition1/13

They must have affirmative authority to use funds for a particular purpose

Term1/13

What is the purpose of Operation and Maintenance 3400 appropriation

Definition1/13

Day-to-day expenses such as training exercises, deployments and civilian pay

Term1/13

Which level includes all the details of an accounting classification resulting in a unique fund citation

Definition1/13

Program summary record (PSR)

Term1/13

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

Definition1/13

Continuing Resolution Authority (CRA)

Term1/13

Which of the following is true about congressional spending power

Definition1/13

It needs to be in pursuit of the general welfare

Term1/13

An Accountable Official is appointed through the chain of command

Definition1/13

TRUE

Term1/13

What are the major categories of accounting

Definition1/13

Following are major categories of accounting:

1 - Cost accounting

2- Financial accounting

3 - management accounting

Term1/13

What IS a defense against pecuniary liability

Definition1/13

Following the established procedures is a defense against pecuniary liability.
Followed established procedures

Term1/13

What is an accountable official's responsibilities

Definition1/13

[object Object]

Term1/13

In an accounting classification what does the EEIC represent

Definition1/13

Element of Expense/Investment Code
Element of Expense Identification Code

Term1/13

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

Definition1/13

Resource advisors, who in turn, distribute the funds to responsibility center managers

Term1/13

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

Definition1/13

Purpose

Term1/13

Is a reason the roles of a Certifying Officer and an Accountable Official are important

Definition1/13

To avoid the presumption of negligence

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Cards in this guide (13)

Which is true about commanders

They must have affirmative authority to use funds for a particular purpose

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)

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

An Accountable Official is appointed through the chain of command

TRUE

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

[object Object]

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

Purpose

Is a reason the roles of a Certifying Officer and an Accountable Official are important

To avoid the presumption of negligence

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Business Accounting and Bookkeeping

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