Cash Collections

Question 0

2. Select from a list the dollar criteria for turning in funds to the disbursing office

Answer 0

$500

Question 1

1. Identify in writing the major elements of authorized custodian appointment letter

Answer 1

Duties of custodian, safeguarding funds and limitations

Question 2

3. Identify the documents used to turn in funds by the authorized custodian to the disbursing office

Answer 2

DD 1131

Question 3

4. List in writing the proper procedures required to conduct a cash sales/ request for checkage for lost damaged or destroyed government property

Answer 3

Complete NAVMC 6, DD 1131, turn the DD1131 into disbursing, file all paperwork away

Checkage sale: NAVMC 6 is completed, turned into disbursing and file away

Question 4

5. Select from a list the retention period for cash sales/ checkage documentation

Answer 4

5 years