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FISCAL LAW EXAM Questions and Answers Elaborations (GRADED A)
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FISCAL LAW EXAM Questions and Answers Elaborations (GRADED A)
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FISCAL LAW EXAM Questions and AnswersElaborations (GRADED A)
What are the three main types of appropriation and their availability for
obligation? - ✔✔ANSWER✔✔->>>>>>>>3400 - O&M (1-year
appropriation)
3600 - RDT&E (2-year appropriation)
3080 - Procurement (3-year appropriation)
Within procurement there are different types of appropriation for
aircraft, naval ships, etc.
What is 3400 money used for? - ✔✔ANSWER✔✔->>>>>>>>Operations
and Maintenance including Day to Day expenses such as training,
exercises, deployments, civilian salaries, and operating and maintaining
installations, Minor construction <$750K.
, What is 3600 money used for? - ✔✔ANSWER✔✔->>>>>>>>RDT&E
including scientific research, development, test and evaluation- can
incrementally fund.
What is 3080 money used for? - ✔✔ANSWER✔✔-
>>>>>>>>Procurement including production and modification of
aircraft, missiles, weapons, vehicles, ammunition, and IT.
Other procurement is a catch all appropriation for investment items
that are not purchases with the more specific procurement
appropriations (.i.e communications, spares, support equipment)
What are the other types of appropriations and their respective
timelines for obligation? - ✔✔ANSWER✔✔->>>>>>>>3300 - MILCON (5-
year appropriation) - construction > $750K
3500 - Civilian payroll (1-year appropriation)
(3-year appropriations):
3010 - Aircraft
3011 - Ammo
3020 - Missiles
3021 - Space
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