614-619 Flashcards
Official funding document issued to or by operating agencies. It reflects the OBA for actual expenses and reimbursements.
Operating budget authority document.
Portion of your obligations that have been paid.
Accrued expenditures paid.
Four-position alphanumeric control code identifying fund accounts to which operation and maintenance and military funds are authorized.
Operating budget account number.
A code that is authorized and assigned by the Director of Budget, HQ USAF and generally equates to a MAJCOM.
Operating budget code.
A general term used specifically to identify the types of funds made available to the Air Force by Congress.
Appropriation.
Fund authorization provided by one AFO to another AFO or base activity for a specific purpose, for stated amount and purpose and to be used within a specified time.
Obligation authority.
Instructions issued to prepare and submit a budget estimate or estimated fund requirements for the budget year.
Call for estimates.
The amount of O&M dollars which a command/base can reasonably expect to receive and carry out its mission for the forthcoming year.
Bogey.
An amount of funds you must reserve to cover a specific requirement. It represents an intent or plan to buy an item or service that will eventually become a legal obligation paid.
Commitment.
What does the DHP appropriation provide?
It provides for worldwide medical and dental services to active forces and other eligible beneficiaries, veterinary services, medical command headquarters, specialized services for the training of medical personnel, and occupational and industrial health care
BAGs are divided into how many areas?
7
What is the accounting classification structure of which financial managers should have a solid understanding?
The fund citation or fund cite.
What are five-digit-number identifiers depicting the specific program in which moneys are expended?
PEC
What three- to five-digit number indicates the type of cost incurred within a work center?
EEIC code.
What office is headed by an officer or supervisor who is responsible for the management of resources in the unit and who, in most instances, can significantly influence the expenses incurred by the unit?
Responsibility center.
In what four areas should the RA assist the MDG/CC?
(1) In establishing spending priorities, (2) choosing policies that will achieve desired results at an acceptable cost, (3) obtaining required resources (fiscal and logistical), and (4) preparing financial plans.
For what purpose is an RC/CC code used?
It’s used by the accounting system to monitor and report purchases by a work center.
Who is the MDG/CC’s “right hand” for most financial matters?
Resource advisor.
What is cost containment?
The catch phrase that applies to CCMs ensuring all of our scarce resources are spent wisely and effectively.
Who is in the best position to see how funds are expended in their responsibility center?
CCM.
Who is responsible for training the CCMs?
RA.
Who is the OPR for the cost center lists and backorder lists?
Medical Logistics Flight personnel
What should be kept in the CCM guide?
CCM primary/alternate appointment letter, Quick reference phone number (RA, supply, MERC, etc.), Agenda & meeting minutes, Supply Handbook, MEPRS Handbook, Financial Handbook, Financial plan for your cost center, and Target/budget information.
Who appoints the CCM in writing?
The flight commander.
What is the basic information CCMs need for their initial training?
Supply orientation, equipment management, MEPRS training, financial training, and manpower management.
What system is the brain that updates and maintains accounting records for accounts receivable and payable?
General Accounting and Finance System.
What financial form is used to request the purchase of goods or services through channels other than supply?
AF Form 9, Request for Purchase.
Who must sign the MORD stating funds are available?
The individual preparing it and the certifying officer.
What is completed when requesting services from another DOD agency?
The DD Form 448, Military Interdepartmental Purchase Request or MIPR.
What document provides open accounts payable and accounts receivable, purchase request, and contract status information?
ODL.
What is an appropriation warrant?
A financial control document, issued pursuant to law (usually appropriation acts) by the Treasury Department, that establishes the amount of monies authorized to be withdrawn (disbursed) from the central accounts that are maintained by the Treasury Department.
