FOB105-FM Body of Knowledge: Module 1 Questions And Answers Latest Updates
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Course
FOB105-FM Body of Knowledge: Module 1
Institution
FOB105-FM Body Of Knowledge: Module 1
In a typical wing organization, Responsibility Center Managers (RCMs) are
usually__________________ - ️️Group Commanders
The _____________ is the Chairperson of the Financial Working Group (FWG). -
️️Financial Management Analysis Officer
In a typical wing structure, who is responsible f...
FOB105-FM Body of Knowledge: Module
1
In a typical wing organization, Responsibility Center Managers (RCMs) are
usually__________________ - ✔️✔️Group Commanders
The _____________ is the Chairperson of the Financial Working Group (FWG). -
✔️✔️Financial Management Analysis Officer
In a typical wing structure, who is responsible for the use of wing financial services for
military and civilian personnel? - ✔️✔️Comptroller Squadron
Operates the wing's primary mission weapons system. - ✔️✔️Operations Group
Regulates the daily consumption of resources. - ✔️✔️Function of a Cost Center
Manager (CCM)
The ______________ provides a way to establish priorities, choose policies, and act to
get the desired results and required resources at an acceptable cost. - ✔️✔️Resource
Management System
Cost Center Managers (CCMs) are usually at the _________________ level. -
✔️✔️Squadron
The Financial Working Group (FWG) manages commodities and resources integral to: -
✔️✔️Base/unit level operations activities
The ______________ includes top-level managers, with membership tailored to the
type of organization structure involved to determine priorities and ensure effective
allocation of resources - ✔️✔️FMB (Financial Management Board)
Manages the budget, cost, and accounting functions for the base. - ✔️✔️Function of
the Financial Management Analysis (FMA) Officer
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