Set 2 6F0X1 CDC's Vol. 2 URE

Which commitment document is used to designate the accounting classification for charges by the cardholders within the various organizations on base?

AF Form 4009

If BQ (Accounting and Finance System) is not available at a deployed location, then what form is issued to authorize use of funds?

AF Form 616

What form is used to provide the vendor an opportunity to release the government from any obligation?

AF Form 821

What is the major difference between the responsibilities of the Financial Management Analysis (FMA) and the Defense Finance and Accounting Service (DFAS)?

FMA handles the accounting processes at base level services as a liaison between the base organizations and DFAS

Overall responsibility for obligation accounting is maintained by...?

Finance and Accounting

The Acquisitions Cross Service Agreement (ACSA) program allows logistical support with coordination from what three areas?

Finance, Logistics, Legal.

As a resource advisor (RA), if you accepted a Military Interdepartment Purchase Request (MIPR) as a Category 2, what actions do you take after you receive the obligation documents?

Forward to the Financial Management Analysis (FMA)

When adding commitment documents in the Automated Business Services System (ABSS) and you want to add the unit of issue and quantity you can click on the...?

Line Items button

When presenting a status of funds briefing, what information do you show for each unit's expenditures?

Major categories

Which general accounting and finance system listing identifies all open document summary records in the BQ system?

ODL

What system is used to approve upward adjustments to expired and cancelled appropriations?

Obligation Adjustment Reporting System (OARS)

Who is the final financial individual in the Automated Business Services System (ABSS) routing process?

The certifying official

What is used to ensure that debits equal credits?

Trial balance

If you are looking to understand the overall picture of contingencies specifically our Financial Management (FM) wartime requirements you would search in what section of the Combat Comptroller Community of Practice (CoP) website?

UDM/War Planner

Which section of the Combat Comptroller Community of Practice (CoP) includes great information on the Air and Space Expeditionary Force Unit Type Code Reporting Tool (ART) to include the checklist to assess unit type code (UTC) personnel?

UDM/Warplanner

When using the Government Purchase Card (GPC), what is the first step you take after you've made a purchase?

Update Access Online with each purchased

The left side of the "T" account is used to record...?

credits

The proprietary accounting equation includes all of the following except...?

debits

Step 2 of using foreign currency has you...?

determine the type of funds

Acquisitions Cross Service Agreement (ACSA) agreements document

legal authority to buy, sell, give, or loan support to another country

What code is the first subdivision of the accounting classification below the appropriation level and always starts with the letter "P"?

payment is received

An Air Force Form 616, Fund Cite Authorization, may be used to purchase...?

vehicle rentals in support of a contingency

A receiving report represents what stage of accounting?

ABU

Which stage of accounting liquidates the obligation?

AEP

Which category contains the financial publication that contains specific guidance regarding early resource manager involvement in planning to ensure mission success?

1--0: Personnel Series

Although you must make payments within prescribed terms, payments must also be paid within what window?

7 day window

Cash management is a part of the Prompt Payment Act (PPA); what is a function of cash management?

Electronic funds transfer

What need should be met when commitments for annual appropriations are incurred?

A bona fide need for goods or services in the fiscal year the funds are issued for

What is ITS.gov (International Treasury Service)?

A system used for processing international direct deposit payments

What is the next step after an Automated Business Services System (ABSS) user selects the form type?

Add the administrative data

What are the steps of processing a document in the Automated Business Services System (ABSS)?

Approver; resource advisor; certifying official

Which is the file created for the Tri-Annual Review (TAR) at the start of each review, requires validation by the bases, and is due at the mid-point of the review?

Base file

What rates are normally used in preparing the budget submission?

Budget

Each combination of element of expense/investment code (EEIC) and responsibility center/cost center (RC/CC) codes requires a separate...?

Control summary record (CSR)

What is the third step in updating the AF Form 616 when commitment documents are received?

Calculate the new available balance by reducing the commitment amount by the amount of the newly posted commitment

What account is used to charge losses or credit gains between amounts obligated, at specified budget rates, in the basic appropriation and the amount disbursed at the ci1rrent rate of exchange for designated foreign currencies?

Centrally Managed Allotment (CMA) account

Who is held pecuniary liable for erroneous payments?

Certifying official

When validating a Miscellaneous Obligation Reimbursement Document (MORD) from a funding activity, what do you do after you review the data for validity and accuracy?

Check the description block

What must be included in the collection voucher, Department of Defense (DD) Form 1131?

Complete accounting classification being credited

Who appoints the certifying official in writing?

Comptroller

What form is prepared after a vendor sends in a check for an overpayment?

DD Form 1131

What two forms are commonly used for collections after customers send in their payment to the Defense Finance and Accounting Service (OFAS)?

DD Form 1131 and SF 1080

Which funds are established to record collections for no year and clearing accounts?

Deposit

When identifying the stages of accounting for obligations, which step directs you to ensure that funds are at the proper disbursement stage?

Determine the type of accounting your working with

Which record is not established at the beginning of the fiscal year?

Document summary record (DSR)

Which code identifies what is being purchased?

EEIC

When travelers do not file their travel vouchers in time, the order they traveled on will show up as outstanding on what report?

GOO

After receiving utilities estimates from Civil Engineering (CE), the Defense Finance and Accounting Service (DPAS) enters the estimate into...?

General Accounting and Finance System (GAFS) as unfilled customer orders (UFCO)

Who authorizes and approves the AF Form 150 for do-it-yourself (DITY) moves?

Housing Management Officer

What is the link between the Integrated Accounts Payable System (IAPS) and the General Accounting and Finance System (OAFS)?

ICI

Which is not a benefit of ITS.gov (International Treasury Service)?

Increases the ability to process national electronic payments in emerging markets

Which system was designed to automate the accounts payable process?

Integrated Accounts Payable System (IAPS)

What type of codes will allow instant input of financial transactions?

Override

The-Prompt Payment Act (PPA) requires federal agencies to make payments on time, if payments are late what should be done?

Pay interest penalties

Who determines the category for a Military Interdepartmental Purchase Request (MIPR)?

Performing activity

Which section of the Combat Comptroller Community of Practice (CoP) contains unique and unusual situations as well as identified problems and proposed solutions?

Post-deployment

If you are looking for information on the location you are deploying to which option would you choose from the four offered on the main page of the Combat Comptroller Community of Practice (CoP) website?

Pre-deployment

If the US Treasury determines that collection is not possible when working delinquent accounts receivable, what does the debt collection do?

Process a write-off

What document is considered evidence of financial liability?

Receiving report

Which is not something the certifying official should check on a voucher before certifying it?

Receiving report is attached and dictates the payment amount authorized

Should a resource advisor (RA) fail to submit supporting documentation to support a Miscellaneous Obligation Reimbursement Document (MORD) what step to you take?

Request DFAS process reversal of MORD greater than 90 days

With a direct cite category Il Military Interdepartmental Purchase Request (MIPR), who funds the cost for material or services provided?

Requesting activity

What document would you use for construction projects exceeding $100,000?

SF 1442

What system is used as an internal management tool by the Chairman of the Joint Chiefs of Staff (CJCS) to access effectiveness meeting responsibilities to organize, train, and equip forces for combatant commanders?

Status of Resources and Training System (SORTS)

What is the first step in identifying the stages of accounting?

Step 3

Which step in using foreign currency has you determine the impact the budget and foreign currency rate will have on programs?

Step 4

Which step in determining the elements of the accounting classification tells you to ensure the accounting station number is noted?

Step 5

Vouchers are assembled after...?

all computations have been made

All accounting classifications must contain at least the accounting and disbursing station number (ADSN) and the...?

appropriation symbol

When a requirement is known but a firm price is not, an administrative reservation of funds is processed and is also known as...?

commitment stage

Comptroller actions supporting a Joint Strategic Capabilities Plan (JSCP) and non-JSCP contingency operations are similar. The major difference between them is that the...?

comptroller personnel may not be required to be physically present at deployment locations to provide financial support under a non-JSCP contingency operation

Financial accounting is concerned with...?

external reporting to parties outside the company

When posting obligations in the General Accounting and Finance System (GAFS) the first step is to...?

get the commitment document summary record (DSR)

The General Accounting and Finance System (OAFS) uses internal files to track funds and stores them on a magnetic disk, this storage is also called...?

immediate access storage

The disbursement accounting process begins when...?

service is requested

What is of top priority should you receive a joint tasking?

setting you up for success

Budgetary accounts, control and properly manage budget authority provided and apply primarily to...?

the legal requirements