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LSC Study Material > NAVSUP P-485 VOL I Chapter 9 > Flashcards

NAVSUP P-485 VOL I Chapter 9 Flashcards

1
Q

What is O&MN?

A

Operations and Maintenance, Navy

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2
Q

What is the purpose of O&MN funds?

A

Congress provides obligation of funds for a 12-Month fiscal year

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3
Q

Who grants OPTAR funds to units?

A

TYCOM grant funds quarterly

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4
Q

How are OPTAR funds determined?

A

Based on average during previous 36 months and the future year based on upcoming events

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5
Q

How long may OPTAR expenditures be made for?

A

6 year period

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6
Q

How are OPTARs identified?

A

OPTAR Functional Categories (OFCs) TYCOMs choose which OFCs to administer

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7
Q

What is OFC-20?

A
  • S&E: Supplies and Equipage
  • ROV: Repair of Other Vessels
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8
Q

What is OFC-94?

A

Re-imbursable

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9
Q

What is OFC-50?

A

AOM (Aviation Operations Maintenance)

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10
Q

What is OFC-01?

A

Flight Operations 7F

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11
Q

What is OFC-09?

A

IMRL

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12
Q

What is OFC-10?

A

A/C Support ADP

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13
Q

What is OFC-15?

A

A/C Photo

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14
Q

What is OFC-21?

A

Personnel Travel

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15
Q

What is OFC-23?

A

Transportation

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16
Q

What is FYDP?

A

Future Years Defense Plan

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17
Q

How long does a FYDP cover?

A

5 year period

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18
Q

How many appropriations are there?

A

3
Annual, Continuing, Multiple Year

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19
Q

What appropriation is for current DON operations?

A

Annual Appropriations

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20
Q

What appropriation is for specific programs?

A

Continuing Appropriations

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21
Q

What appropriation is for incurring obligations for a definite period in excess of one FY?

A

Multiple Year Appropriations

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22
Q

How many types of funds are there?

A

3
General, Special, Revolving

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23
Q

What funds are to account for receipts and expenditures of the funding category?

A

General Funds

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24
Q

What funds are established to account for receipt and expenditure of items for a particular purpose?

A

Special Funds

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25
Q

What funds are set up to be self sustaining, also known as “No-Year Funds? Ex. NWCF

A

Revolving Funds

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26
Q

What does DFAS do?

A

Maintains official accounting and records for O&MN under the SABRS system (Standard Accounting, Budgeting, and Reporting System)

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27
Q

How many characters in the LOA is the appropriation and subhead?

A

11

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28
Q

How many characters in the LOA is the object class?

A

3

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29
Q

How many characters in the LOA is the operating budget?

30
Q

How many characters in the LOA is the authorizing accounting activity?

31
Q

How many characters in the LOA is the transaction type?

32
Q

How many characters in the LOA is the property accounting activity?

33
Q

How many characters in the LOA is the country code?

34
Q

How many characters in the LOA is the cost code?

35
Q

What is this an example of? 1791804.7B1B

A

Appropriation and Subhead

36
Q

What is this an example of? 000

A

Object Class

37
Q

What is this an example of? B7016

A

Operating Budget

38
Q

What is this an example of? 056521

A

Authorizing Account Activity

39
Q

What is this an example of? 2D

A

Transaction Type

40
Q

What is this an example of? R05851

A

Property Accounting Activity

41
Q

What is this an example of? 0081822392CU

42
Q

What is used on Non-Automated ships to record OPTAR grants?

A

NAVCOMPT Form 2155

43
Q

What is a NAVCOMPT Form 2155?

A

Requisition/OPTAR Log

44
Q

What is the SFOEDL?

A

Summary Filled Order Expenditure Difference Listing

45
Q

What’s the purpose of the SFOEDL?

A

Lists requisitions more than $250 that require review

46
Q

What are used to challenge invalid differences on the SFOEDL?

A

Challenge Codes

47
Q

When must SFOEDL challenges be followed up by?

48
Q

What is a TL?

A

Transmittal Ledger

49
Q

What form is a TL?

A

NAVCOMPT Form 2156

50
Q

What is a BOR?

A

Budget OPTAR Report

51
Q

What form is a BOR?

A

NAVCOMPT Form 2157

52
Q

How often is the TL submitted?

A

IAW Fleet/TYCOM directives

53
Q

How often is the BOR submitted?

A

Monthly for current FY and for the first 6 months following the close of the FY

54
Q

What is BOR Block 21?

55
Q

What is BOR Block 22?

A

Chargeable Obligations FYTD

56
Q

What is BOR Block 23?

A

Cumulative Difference

57
Q

What is BOR Block 24?

A

Cumulative Gross Adjusted Obligations

58
Q

What is BOR Block 25?

A

TEC (Type Equipment Code)

59
Q

What is BOR Block 26?

A

Number of A/C / Gallons of Fuel

60
Q

What is BOR Block 27?

A

Hours for Period

61
Q

What is BOR Block 28?

A

Hours FYTD

62
Q

How often are SFOEDLs produced?

A

Monthly from the 1st through the 24th month and then quarterly thereafter to the end of the 36 month accounting cycle

63
Q

What is NWCF?

A

Navy Working Capital Fund

64
Q

What is a BP?

A

Budget Project

65
Q

What do BP managers do?

A

Maintain stock, budget, and administer funds

66
Q

Which BP is used for NEXCOM/Ship’s store? COG 1Q

67
Q

Which BP is used for Retail Repair Parts and Supplies? COG 1I,3,539

68
Q

Which BP is used for aviation consumables? COG 1R/5R

69
Q

Which BP is used for ship DLRs, FLRs, and Consumables? COG 7E/7G/7A

70
Q

Which BP is used for AVDLRs? COG 7R

LSC Study Material (19 decks)

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