Financial Managment OPTAR

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How many sales orders are created when an exchange DLR order is established in Navy ERP?

2

How many segments are supply system assets divided into?

2

How many major Activity Groups is the Budget Activity Program structure broken down into?

4

Crossdecks are those stock in transit transactions where NWCF owned inventory is moved from one ship / mals site to another. All crossdeck issues must be cleared receipts by the receiving vessel within how many days of the actual issue?

45

How many years are c

5

Which OPTAR Fund Category is provided to fund the procurment of material and services necessary to support the Aircraft Maintenance Department at aviation activities?

AOM

What refers to the performance of permormance of accounting functions for a group of OPTAR holders by a different seperate OPTAR holder or other activity?

Consolidated accounting

Which type of appropriations are generally known as working capital or revolving funds?

Continuing

What performs the official accounting and reporting for OPTAR issued by TYCOM

DFAS

What preforms the official accounting for OPTARs granted to ships aviation squadrons and other commands as assigned?

DFAS Norfolk

Which revolving fund is used for a large number of defense support functiona which utilizes business like cost accounting to determine total cost of the business activity ?

DWCF

What is defined as a seperate account of monetary resources established for a particular purpose, time period or both ?

Fund

What are tasked with managing system wide levels of material purchasing quantities of assets as necessary to meet customer demand and directing distribution of assets to stock point?

ICPs

How often is the Budget OPTAR Report (BOR) submitted for the current Fiscal Year (FY) ?

Monthly

The summary filled order/ expenditure difference listing (SFOEDL) is forwarded by the DFAS to individual OPTAR holders for each OPTAR held how often?

Monthly

Each ship aviation squadron or command issued an OPTAR is responsible for the efficient and effective use including accurate and timely accounting and reporting according to procedures outlined in what pub?

NAVSO P-3013

What is all carcass tracking performed in?

NITA

What is used by NAVSUP to perform inventory accounting for wholesale and selected retail inventories using a Standard General Ledger ( SGL) accounting system?

Navy ERP

What are used to identify OPTARS?

OFCs

What 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?

OPTAR

Which OPTAR Fund Category (OFC) provides funds for obligating materials or services used in the daily operation of the activity?

S&E

What consists of OPTAR related expensitures for which no matching obligation has been reported to standard accounting and reporting system (STARS), expenditures with a money value different than the reported obligation corrections to previously rected transactions and carcass charges?

SFOEDL

Which condition exits when one activity has recorded an issue transfer and/or receipt of material under NWCF management to/from another activity operating under NWCF management?

SIT

What has been selected by DFAS as the enterim migratory accounting system that will be used within the navy for general funds accounting ?

STARS

What list unfilled orders (obligations) held under the standard accounting and reporting system (STARS) which have not matched with related expenditure documents and have not been canceled?

UOL


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