FACILITY MANAGEMENT BODY OF KNOWLEDGE
(FMBOK): FOB105 EXAM QUESTIONS EITH
CORRECT ANSWERS
The ______________ provides a way to establish priorities, choose
policies, and act to get the desired results and required resources at an
acceptable cost. --ANSWER--Resource Management System
Cost Center Managers (CCMs) are usually at the _____________
level. --ANSWER--Squadron
The Financial Working Group (FWG) manages commodities and
resources integral to: --ANSWER--Base/unit level operations
activities
"The established rule that is expenditure of public funds is proper
only when authorized by Congress," describes: --ANSWER--
Legislative Authority
Page 1 of 19
,_____________ has the ability to appropriate funds to be spent by the
federal government. --ANSWER--Congress
The three main elements that must be reviewed and we must ensure
are properly examined before funds are obligated are: --ANSWER--
Purpose, Time, and Amount
In a typical wing structure, who is responsible for the use of wing
financial services for military and civilian personnel? --ANSWER--
Comptroller Squadron
The ____________ operates the wing's primary mission weapons
system. --ANSWER--Operations Group
Which is a function of a Cost Center Manager (CCM)? --ANSWER--
Regulates the daily consumption of resources
Which is a function of the Financial Management Analysis (FMA)
Officer? --ANSWER--Manages the budget, cost, and accounting
functions for the base
Page 2 of 19
, The ______________ includes top-level managers, with membership
tailored to the type of organization structure involved to determine
priorities and ensure effective allocation of resources --ANSWER--
FMB (Financial Management Board)
The _____________ is the Chairperson of the Financial Working
Group (FWG). --ANSWER--Financial Management Analysis Officer
In a typical wing organization, Responsibility Center Managers
(RCMs) are usually _____________. --ANSWER--Group
Commanders
To apply reasonable discretion and flexibility, the Government
Accountability Office (GAO) developed the concept known as the
_______________ which consists of a three-part test. --ANSWER--
Necessary Expense Rule
The bona fida needs rule, as it pertains to supplies, states that
generally. agencies must obligate funds from the fiscal year in which
the supplies is if you are maintaining a stock of commonly used
supplies (inventory), you are permitted to replenish those stocks using
current funding even if you may not use those supplies until the
Page 3 of 19
(FMBOK): FOB105 EXAM QUESTIONS EITH
CORRECT ANSWERS
The ______________ provides a way to establish priorities, choose
policies, and act to get the desired results and required resources at an
acceptable cost. --ANSWER--Resource Management System
Cost Center Managers (CCMs) are usually at the _____________
level. --ANSWER--Squadron
The Financial Working Group (FWG) manages commodities and
resources integral to: --ANSWER--Base/unit level operations
activities
"The established rule that is expenditure of public funds is proper
only when authorized by Congress," describes: --ANSWER--
Legislative Authority
Page 1 of 19
,_____________ has the ability to appropriate funds to be spent by the
federal government. --ANSWER--Congress
The three main elements that must be reviewed and we must ensure
are properly examined before funds are obligated are: --ANSWER--
Purpose, Time, and Amount
In a typical wing structure, who is responsible for the use of wing
financial services for military and civilian personnel? --ANSWER--
Comptroller Squadron
The ____________ operates the wing's primary mission weapons
system. --ANSWER--Operations Group
Which is a function of a Cost Center Manager (CCM)? --ANSWER--
Regulates the daily consumption of resources
Which is a function of the Financial Management Analysis (FMA)
Officer? --ANSWER--Manages the budget, cost, and accounting
functions for the base
Page 2 of 19
, The ______________ includes top-level managers, with membership
tailored to the type of organization structure involved to determine
priorities and ensure effective allocation of resources --ANSWER--
FMB (Financial Management Board)
The _____________ is the Chairperson of the Financial Working
Group (FWG). --ANSWER--Financial Management Analysis Officer
In a typical wing organization, Responsibility Center Managers
(RCMs) are usually _____________. --ANSWER--Group
Commanders
To apply reasonable discretion and flexibility, the Government
Accountability Office (GAO) developed the concept known as the
_______________ which consists of a three-part test. --ANSWER--
Necessary Expense Rule
The bona fida needs rule, as it pertains to supplies, states that
generally. agencies must obligate funds from the fiscal year in which
the supplies is if you are maintaining a stock of commonly used
supplies (inventory), you are permitted to replenish those stocks using
current funding even if you may not use those supplies until the
Page 3 of 19
