CFI 100: Certifying Officer And Accountable Offici
CFI 100: Certifying Officer and Accountable Offici
Exam (elaborations)
CFI 100: Certifying Officer and Accountable Official Course Updated 2024/2025 Verified 100%
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Course
CFI 100: Certifying Officer and Accountable Offici
Institution
CFI 100: Certifying Officer And Accountable Offici
The Financial Management Board (FMB) and the Financial Working Group (FWG)
implement a quarterly phased plan that allows the FMA office to distribute funds to: -
️️Responsibility center managers, who in turn, distribute the funds to cost center
manager
When Congress hasn't passed the new fi...
CFI 100: Certifying Officer and
Accountable Official Course
The Financial Management Board (FMB) and the Financial Working Group (FWG)
implement a quarterly phased plan that allows the FMA office to distribute funds to: -
✔️✔️Responsibility center managers, who in turn, distribute the funds to cost center
manager
When Congress hasn't passed the new fiscal years Appropriation Act by the start of the
new fiscal year, what does SAF/FMB provide that allows Air Force activities to spend
money pending the passing of the DoD Appropriations Act? - ✔️✔️Continuing
Resolution Authority (CRA)
If there is an erroneous payment, then: - ✔️✔️The Certifying Officer is presumed
negligent and the accountable official has the burden of proof
31 U.S.C. 3802 sets the pecuniary liability limit to a civil penalty: - ✔️✔️Of not more
than $5,000 and twice the full amount of the erroneous payment
The appropriation section of this fund cite best relates to which fiscal concept, in the
above example? - ✔️✔️Purpose
What does the highlighted 2-digit number represent in the above example? - ✔️✔️Fund
code
In an accounting classification, what does the Element of Expense/Investment Code
represent? - ✔️✔️Resource consumption for a particular commodity
Which of the following is NOT true regarding pecuniary liability? - ✔️✔️Certifying
Officers and Accountable Officials face a presumption of negligence when a fiscal
irregularity has been identified
This resource contains listings of EEICs, RC/CCs, accounts receivable sales codes,
accounting action and post codes, and many other data elements - ✔️✔️Financial
Management Data Dictionary
Which level includes all the details of an accounting classification resulting in a unique
fund citation? - ✔️✔️Fund summary records (FSRs)
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