PFMC Study Emphasis Exam 2 Questions
With Correct Answers
What |is |the |purpose |of |a |UTC?
Identifies |a |potential |capability |focused |on |accomplishment |of |a |specific |mission |the |military |
service |provides.
What |is |a |MISCAP?
Describes |what |the |UTC |brings |to |the |fight
(i.e. |AFSC |skill |level, |grade, |equipment, |etc.)
What |can |an |FM |UTC |consist |of?
Can |consist |of |manpower |only, |equipment |(LOGDET) |only, |or |both |(currently |there |are |no |FM |
UTCs |that |require |both.)
What |is |a |XFFA1 |UTC?
6F051- |SrA/SSgt- |Cashier/Customer |Service/Paying |Agent- |Provide |all |facets |of |military |and |
travel |financial |services |at |any |type |of |operating |locating |to |include |Air |Reserve |Component |
support.
What |is |a |XFFA2 |UTC?
Financial |Management |NCO |- |6F071 |- |TSgt/MSgt |- |May |be |augmented |by |XFFA1 |UTC, |may |
deploy |with |Contracting |or |independently, |able |to |provide |disbursing |and |budget |capabilities
What |is |a |XFFA7 |UTC?
Budget |Technician- |6F051 |- |SrA/SSgt |- |Establish |and |maintain |financial |records |and |files. |
Prepare |vendor |payments, |receive |funding |authority. |Determine |funds |propriety. |Determine |
proper |use |of |ORF |funds. |Determine |fund |status/availability |and |proper |use |of |line |of |
accounting. |Collect, |prepare, |review |and |analyze |report |data. |Maintain |account |balances. |
Executes |operating |budget. |Serves |as |a |focal |point |for |all |budget |matters.
What |is |a |XFFA9 |UTC?
, 6F091- |SMSgt/CMSgt |- |Financial |Management |Senior |Enlisted |Leader |- |Performs |all |
management |and |leadership |functions |specific |to |the |financial |management |enlisted |career |
field. |Lead/manage |FM |personnel |establishing |ndependent |disbursing |agent |operations, |
military |pay |and |travel |pay |financial |services, |deployed |budget/accounting |activities |for |
deployed |population |greater |than |2K |or |servicing |multiple |site |simultaneously. |Leads |multiple |
FM |enlisted |UTCs.
What |is |a |XFFA3 |UTC?
Major/Lt |Col |- |Administers |comptroller |activities |to |include |financial |advice |to |the |commander.
|Manages |Budget, |Financial |Services |operations, |and |all |other |FM |Issues.
What |is |a |XFFA4 |UTC?
Lt/Capt |- |Postured |to |implement |and |manage |financial |services |function. |Provides |commander
|advice |on |financial |management |issues. |Duties |include |- |Develop |budget |estimates, |
administer |and |executes |operating |budgets, |serve |as |the |focal |point |for |budget |matters |
pertaining |to |Financial |Management |at |all |types |of |operating |locations. |Determine |funding |
propriety |IAW |appropriation |law.
What |is |a |XFFAG |UTC?
Logdet |kit |- |Contains |the |minimum |supplies |and |equipment |to |establish |a |FM |function |in |a |
bare |base |environment |to |operate |for |30 |days. |Contains: |field |safe, |computer |equipment |
software, |forms, |office |supplies, |regulations, |and |other |items
needed |to |operate |in |the |field |for |at |least |30 |days. |Complete |list |of |the |contents |of |the |
LOGDET |kit |can |be |found |on |the |FICS |(RTC)
Why |we |do |an |economic |analysis?
It |is |an |approach |to |decide |how |to |use |scarce |resources |to |meet |a |given |objective, |weighs |
costs, |benefits |and |uncertainly |for |each |alternative.
What |are |we |evaluating |when |we |conduct |an |economic |analysis?
to |weigh |costs, |benefits, |and |uncertainty |for |each |alternative
What |do |we |mean |by |a |cost |benefit |analysis?
Cost |analysis |is |depicted |in |dollars, |reflect |the |monetary
impacts |(good/bad) |of |the |status |quo |or |alternatives.
What |is |inflation?
a |rise |in |the |general |level |of |prices |unaccompanied |by |a |rise |in |output.
With Correct Answers
What |is |the |purpose |of |a |UTC?
Identifies |a |potential |capability |focused |on |accomplishment |of |a |specific |mission |the |military |
service |provides.
What |is |a |MISCAP?
Describes |what |the |UTC |brings |to |the |fight
(i.e. |AFSC |skill |level, |grade, |equipment, |etc.)
What |can |an |FM |UTC |consist |of?
Can |consist |of |manpower |only, |equipment |(LOGDET) |only, |or |both |(currently |there |are |no |FM |
UTCs |that |require |both.)
What |is |a |XFFA1 |UTC?
6F051- |SrA/SSgt- |Cashier/Customer |Service/Paying |Agent- |Provide |all |facets |of |military |and |
travel |financial |services |at |any |type |of |operating |locating |to |include |Air |Reserve |Component |
support.
What |is |a |XFFA2 |UTC?
Financial |Management |NCO |- |6F071 |- |TSgt/MSgt |- |May |be |augmented |by |XFFA1 |UTC, |may |
deploy |with |Contracting |or |independently, |able |to |provide |disbursing |and |budget |capabilities
What |is |a |XFFA7 |UTC?
Budget |Technician- |6F051 |- |SrA/SSgt |- |Establish |and |maintain |financial |records |and |files. |
Prepare |vendor |payments, |receive |funding |authority. |Determine |funds |propriety. |Determine |
proper |use |of |ORF |funds. |Determine |fund |status/availability |and |proper |use |of |line |of |
accounting. |Collect, |prepare, |review |and |analyze |report |data. |Maintain |account |balances. |
Executes |operating |budget. |Serves |as |a |focal |point |for |all |budget |matters.
What |is |a |XFFA9 |UTC?
, 6F091- |SMSgt/CMSgt |- |Financial |Management |Senior |Enlisted |Leader |- |Performs |all |
management |and |leadership |functions |specific |to |the |financial |management |enlisted |career |
field. |Lead/manage |FM |personnel |establishing |ndependent |disbursing |agent |operations, |
military |pay |and |travel |pay |financial |services, |deployed |budget/accounting |activities |for |
deployed |population |greater |than |2K |or |servicing |multiple |site |simultaneously. |Leads |multiple |
FM |enlisted |UTCs.
What |is |a |XFFA3 |UTC?
Major/Lt |Col |- |Administers |comptroller |activities |to |include |financial |advice |to |the |commander.
|Manages |Budget, |Financial |Services |operations, |and |all |other |FM |Issues.
What |is |a |XFFA4 |UTC?
Lt/Capt |- |Postured |to |implement |and |manage |financial |services |function. |Provides |commander
|advice |on |financial |management |issues. |Duties |include |- |Develop |budget |estimates, |
administer |and |executes |operating |budgets, |serve |as |the |focal |point |for |budget |matters |
pertaining |to |Financial |Management |at |all |types |of |operating |locations. |Determine |funding |
propriety |IAW |appropriation |law.
What |is |a |XFFAG |UTC?
Logdet |kit |- |Contains |the |minimum |supplies |and |equipment |to |establish |a |FM |function |in |a |
bare |base |environment |to |operate |for |30 |days. |Contains: |field |safe, |computer |equipment |
software, |forms, |office |supplies, |regulations, |and |other |items
needed |to |operate |in |the |field |for |at |least |30 |days. |Complete |list |of |the |contents |of |the |
LOGDET |kit |can |be |found |on |the |FICS |(RTC)
Why |we |do |an |economic |analysis?
It |is |an |approach |to |decide |how |to |use |scarce |resources |to |meet |a |given |objective, |weighs |
costs, |benefits |and |uncertainly |for |each |alternative.
What |are |we |evaluating |when |we |conduct |an |economic |analysis?
to |weigh |costs, |benefits, |and |uncertainty |for |each |alternative
What |do |we |mean |by |a |cost |benefit |analysis?
Cost |analysis |is |depicted |in |dollars, |reflect |the |monetary
impacts |(good/bad) |of |the |status |quo |or |alternatives.
What |is |inflation?
a |rise |in |the |general |level |of |prices |unaccompanied |by |a |rise |in |output.
