(Answered) EXECUTION EXAM: Apportionment, Documentation, and Fiscal Law
1 view 0 purchase
Course
BCF 101
Institution
Defense Acquisition University
EXECUTION EXAM: Apportionment, Documentation, and Fiscal Law 1) Which of the following is true concerning below-threshold reprogrammings in Research, Development, Test & Evaluation (RDT&E) appropriations? (Select one answer) The amount added to an existing Line Item must be less than $2 million The...
EXECUTION EXAM: Apportionment, Documentation, and Fiscal Law
1) Which of the following is true concerning below-threshold reprogrammings in
Research, Development, Test & Evaluation (RDT&E) appropriations? (Select one answer)
The amount added to an existing Line Item must be less than $2 million
The amount added to an existing Budget Activity must be less than $10 million
The amount added to an existing Program Element must be less than $10 million
2) A current appropriation may be used to: (select all that apply) (THREE correct
answers)
Adjust obligations previously made against it
Make payments to liquidate obligations made against it
Pay bills related to a cancelled appropriation of the same type, up to 2% of the current appropriation
amount or the unliquidated balance of the cancelled appropriation, whichever is less
Make new obligations
3) Your contractor complains that it has not been paid for an invoice submitted several
months ago. Which one of the following is a potential cause of this problem?
Procuring Contracting Officer delayed award of the contract due to a protest
Items or services cited in the invoice could not be verified by the Administrative Contracting Officer
Disbursing Office matches the certified contractor payment request up to one or more existing
obligations in the accounting system.
DFAS Regional Finance Center failed to submit a voucher summary to the Treasury
4) The last 10 digits of the account symbol represents the ________ and it is made up of
the Job Order Number and the ________.
Authorized Accounting Activity; Fiscal Station Number (FSN)
Cost Code; Expense Element
Bureau Control Number (BCN); FASTDATA
Object Classification; Agency Program
5) Time now is November 2014 (FY 15). Which of the following appropriations is
This study source was downloaded by 100000862232355 from CourseHero.com on 03-03-2023 23:43:15 GMT -06:00
6) Moving funds into or out of a program that has been designated as a "special interest"
by one or more of the Congressional committees requires:
Internal reprogramming
Congressional prior approval reprogramming
Below-threshold reprogramming
Congressional notification reprogramming
7) Match the appropriation to the type of cost - Expense or Investment or both.
a) MILPERS; O&M Expense
b) MILCON; Procurement Investment
c) RDT&E Expense and Investment
8) True or False. Investigations into fiscal law violations are led by the Government
Accountability Office (GAO).
True
False
9) True or False. During the Triannual Review (TAR), the FM provides the Funds Holder
with listing(s) or automated media identifying only the "current" commitments and
unliquidated obligations.
True
This study source was downloaded by 100000862232355 from CourseHero.com on 03-03-2023 23:43:15 GMT -06:00
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 darrelmay002. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.99. You're not tied to anything after your purchase.
