Resource Stewardship Flashcards
Resource stewardship change management and continuous improvement our three sub competencies of what
Managing organizations and resources
What is the competency of managing organizations and resources included under
Institution competency list ICL
What is the first step in resource allocation process initiated by Congress
Funds authorization
Refers to the careful and responsible management resources under one’s control and requires ability to determine analyze and prioritize timelines for near and long-term success
Resource stewardship
The resource allocation process does not stop flowing down until it reaches who
The cost center managers
The period of time after October 1 if Congress has not approved the new fiscal year budget is called what
Continuing resolution Authority CRA
Refers to money set aside for specific purposes
Appropriations
This refers money set aside for specific purposes covers military personal pain allowances plus many other costs
Appropriations
Which appropriation is most important for senior NCOs to know because this is where they get funds needed to accomplish their mission
Operations and maintenance or O&M
After Congress authorizes funds the Air Force takes its share the provides specific amounts to major commands. the allotted funds are further divided and distributed ending at the cost center manager. The narrative best describes the process for
Resource allocation
Because of this the government can continue operations at a minimum level for a specific amount of time usually a few days to a few months
Continuing resolution authority
Saying that money is set aside for a specific purpose is called what
Appropriation
Which quarter of the budget cycle to cost centers begin working the first budget execution review or unfunded request
First-quarter October 31
In which budget cycle quarter is 25% of the budget obligated and Or spent
End of the first-quarter December 31st
Which quarter of the budget cycle does the RA submit the first budget execution review?
2nd Qrtr