What are the steps in the resource allocation process?
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Planning, Programming, Budgeting, Execution
What is an expenditure?
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Is a charge against available funds. It results from a voucher, claim or other
document approved by competent authority.
What funding policy covers MILCON?
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Full funding; usable end items; 12 mo delivery period; budget for FY of
contract award; 5 year obligation period
What is budget authority?
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The authority to enter into obligations that will results in immediate or
future outlays. Similar to a spending limit that is approved by Congress.
What is the purpose of the execution phase?
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Make assessments of current and previous resource allocations to
determine if the planned performance goals were met. How are we doing?
The budget authority is provided by what?
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The appropriations bill establishes the budget authority.
What is an obligation?
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Planning, Programming, Budgeting, Execution
What is an expenditure?
Give this one a try later!
Is a charge against available funds. It results from a voucher, claim or other
document approved by competent authority.
What funding policy covers MILCON?
, Give this one a try later!
Full funding; usable end items; 12 mo delivery period; budget for FY of
contract award; 5 year obligation period
What is budget authority?
Give this one a try later!
The authority to enter into obligations that will results in immediate or
future outlays. Similar to a spending limit that is approved by Congress.
What is the purpose of the execution phase?
Give this one a try later!
Make assessments of current and previous resource allocations to
determine if the planned performance goals were met. How are we doing?
The budget authority is provided by what?
Give this one a try later!
The appropriations bill establishes the budget authority.
What is an obligation?
