EXECUTION EXAM: Apportionment, Documentation, and Fiscal Law
1) Which of the following is true concerning below-threshold reprogrammings in
Research, Development, Test & Evaluation (RDT&E) appropriations? (Select one answer)
The amount added to an existing Line Item must be less than $2 million
The amount added to an existing Budget Activity must be less than $10 million
The amount added to an existing Program Element must be less than $10 million
2) A current appropriation may be used to: (select all that apply) (THREE correct
answers)
Adjust obligations previously made against it
Make payments to liquidate obligations made against it
Pay bills related to a cancelled appropriation of the same type, up to 2% of the current appropriation
amount or the unliquidated balance of the cancelled appropriation, whichever is less
Make new obligations
3) Your contractor complains that it has not been paid for an invoice submitted several
months ago. Which one of the following is a potential cause of this problem?
Procuring Contracting Officer delayed award of the contract due to a protest
Items or services cited in the invoice could not be verified by the Administrative Contracting Officer
Disbursing Office matches the certified contractor payment request up to one or more existing
obligations in the accounting system.
DFAS Regional Finance Center failed to submit a voucher summary to the Treasury
4) The last 10 digits of the account symbol represents the ________ and it is made up of
the Job Order Number and the ________.
Authorized Accounting Activity; Fiscal Station Number (FSN)
Cost Code; Expense Element
Bureau Control Number (BCN); FASTDATA
Object Classification; Agency Program
5) Time now is November 2014 (FY 15). Which of the following appropriations is
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, FY 2007 Aircraft Procurement, Navy
FY 2008 RDT&E, Army
FY 2008 Military Construction, Defense-Wide
FY 2009 Operations & Maintenance, Army
6) Moving funds into or out of a program that has been designated as a "special interest"
by one or more of the Congressional committees requires:
Internal reprogramming
Congressional prior approval reprogramming
Below-threshold reprogramming
Congressional notification reprogramming
7) Match the appropriation to the type of cost - Expense or Investment or both.
a) MILPERS; O&M Expense
b) MILCON; Procurement Investment
c) RDT&E Expense and Investment
8) True or False. Investigations into fiscal law violations are led by the Government
Accountability Office (GAO).
True
False
9) True or False. During the Triannual Review (TAR), the FM provides the Funds Holder
with listing(s) or automated media identifying only the "current" commitments and
unliquidated obligations.
True
This study source was downloaded by 100000836551366 from CourseHero.com on 03-08-2022 13:19:00 GMT -06:00
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1) Which of the following is true concerning below-threshold reprogrammings in
Research, Development, Test & Evaluation (RDT&E) appropriations? (Select one answer)
The amount added to an existing Line Item must be less than $2 million
The amount added to an existing Budget Activity must be less than $10 million
The amount added to an existing Program Element must be less than $10 million
2) A current appropriation may be used to: (select all that apply) (THREE correct
answers)
Adjust obligations previously made against it
Make payments to liquidate obligations made against it
Pay bills related to a cancelled appropriation of the same type, up to 2% of the current appropriation
amount or the unliquidated balance of the cancelled appropriation, whichever is less
Make new obligations
3) Your contractor complains that it has not been paid for an invoice submitted several
months ago. Which one of the following is a potential cause of this problem?
Procuring Contracting Officer delayed award of the contract due to a protest
Items or services cited in the invoice could not be verified by the Administrative Contracting Officer
Disbursing Office matches the certified contractor payment request up to one or more existing
obligations in the accounting system.
DFAS Regional Finance Center failed to submit a voucher summary to the Treasury
4) The last 10 digits of the account symbol represents the ________ and it is made up of
the Job Order Number and the ________.
Authorized Accounting Activity; Fiscal Station Number (FSN)
Cost Code; Expense Element
Bureau Control Number (BCN); FASTDATA
Object Classification; Agency Program
5) Time now is November 2014 (FY 15). Which of the following appropriations is
This study source was downloaded by 100000836551366 from CourseHero.com on 03-08-2022 13:19:00 GMT -06:00
https://www.coursehero.com/file/30218749/EXECUTION-EXAM-Apportionment-Documentation-and-Fiscal-Lawdocx/
, FY 2007 Aircraft Procurement, Navy
FY 2008 RDT&E, Army
FY 2008 Military Construction, Defense-Wide
FY 2009 Operations & Maintenance, Army
6) Moving funds into or out of a program that has been designated as a "special interest"
by one or more of the Congressional committees requires:
Internal reprogramming
Congressional prior approval reprogramming
Below-threshold reprogramming
Congressional notification reprogramming
7) Match the appropriation to the type of cost - Expense or Investment or both.
a) MILPERS; O&M Expense
b) MILCON; Procurement Investment
c) RDT&E Expense and Investment
8) True or False. Investigations into fiscal law violations are led by the Government
Accountability Office (GAO).
True
False
9) True or False. During the Triannual Review (TAR), the FM provides the Funds Holder
with listing(s) or automated media identifying only the "current" commitments and
unliquidated obligations.
True
This study source was downloaded by 100000836551366 from CourseHero.com on 03-08-2022 13:19:00 GMT -06:00
https://www.coursehero.com/file/30218749/EXECUTION-EXAM-Apportionment-Documentation-and-Fiscal-Lawdocx/
