CFI 100 Certifying Officer And Accountable Officia
CFI 100 Certifying Officer and Accountable Officia
Exam (elaborations)
CFI 100 Certifying Officer and Accountable Official Course (3.5 CPEs) Questions And Answers Latest Updates
4 views 0 purchase
Course
CFI 100 Certifying Officer and Accountable Officia
Institution
CFI 100 Certifying Officer And Accountable Officia
Amount is a critical component of fiscal law because it gives Congress - ️️The
power of the purse
In accordance with 31 U.S.C., section 3528 you may not be pecuniary liable for the full
amount of any erroneous payment if you _________ - ️️Have followed established
official DoD and Air F...
CFI 100 Certifying Officer and
Accountable Official Course (3.5 CPEs)
Amount is a critical component of fiscal law because it gives Congress - ✔️✔️The
power of the purse
In accordance with 31 U.S.C., section 3528 you may not be pecuniary liable for the full
amount of any erroneous payment if you _________ - ✔️✔️Have followed established
official DoD and Air Force regulations, instructions, policies, and procedures
All vouchers certified for payment by a Certifying Officer must be _____________ -
✔️✔️All of the above
Adhering to which of the following results in negligence or is an indicator of bad faith? -
✔️✔️None of the above
Both an Accountable Official and a Certifying Officer are: - ✔️✔️Pecuniarily liable for all
illegal, improper or incorrect payments
The basis of fiscal law is derived from many sources, except which of the following: -
✔️✔️Separation of Powers
What is the body of law that governs the availability and use of federal funds? -
✔️✔️Fiscal Law
The three main elements that must be met before funds can be obligated are: -
✔️✔️Purpose, Time, and Amount
The Purpose Statute says that: - ✔️✔️Public funds may be used only for the purpose
or purposes for which they were appropriated.
When a commander has affirmative authority to use funds for a specific purpose, use of
those funds is considered _____________ - ✔️✔️Legal
these funds last 5 years, have limited use, and cannot pay for new obligations. -
✔️✔️Expired
These funds cannot be used for any purpose and are returned to the U.S. Treasury. -
✔️✔️Closed
, The Anti deficiency Act allows you to - ✔️✔️Comply with the intent of Congress
Reliable accounting ... - ✔️✔️All of the above
The GWOTESP code "ZA" (Operation Iraqi Freedom) - ✔️✔️Should only be used for
incremental costs of war
Accounting's key goal is to: - ✔️✔️Provide reliable information that is useful in
allocating resources and assessing performance.
There area four summary records based on the level of necessary fiscal or
management control. Which is the highest level of fiscal control? - ✔️✔️Control
Summary Records
___________________ are 7 digit alpha-numeric addresses used to represent each
and every accounting classification. - ✔️✔️Summary records
Which is a responsibility of a Certifying Officer? - ✔️✔️Establishing accuracy of facts
stated on a voucher and in the supporting documents and records.
According to the Department of Defense Financial Management Regulation (DoDFMR),
Volume 5, Chapter 33, certification is the act of attesting to the ______________ of a
payment. - ✔️✔️
The term proper when applied to Certifying Officials duties means that: - ✔️✔️
An Accountable Official is: - ✔️✔️An individual responsible for providing info, data, or
services that result in certification of vouchers for payment.
Which of the following is a reason the roles of a Certifying Officer and an Accountable
Official are important? - ✔️✔️
What form is used to appoint Certifying Officers and Accountable Officials? - ✔️✔️DD
Form 577
Which of the following is NOT one of an Accountable Officials responsibilities? -
✔️✔️To verify a voucher's accurate computation and the payment's legality under the
appropriation involved.
Which of the following is NOT true regarding pecuniary liability? - ✔️✔️
If there is an erroneous payment, then: - ✔️✔️
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICMATERIALS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
