Resource Stewardship

Question 1

Resource stewardship

Answer 1

The careful and responsible management of resources under ones control

Question 2

Personnel

Answer 2

Most valuable resource

Question 3

Financial

Answer 3

Required to procure the material, energy, information and technology, and warfare resources

Question 4

Material

Answer 4

Physical goods that are required by personnel to complete assigned duties

Question 5

Warfare

Answer 5

War-related materials (training equipment, body armor, and armored personnel carriers, etc.)

Question 6

Information & technology

Answer 6

Technological advancements ( cell phones, computers, email, Internet-enabled devices, etc)

Question 7

Energy

Answer 7

Powers business, manufacturing, transportation,

Question 8

Appropriation

Answer 8

Setting aside money for a specific purpose

Question 9

Antideficiency act violations

Answer 9

Act that results in exceeding limitations (misuse) of funds authorized and appropriated by Congress in support of contract obligations

Question 10

Budget allocation

Answer 10

Funding documents that represent cash for commitment or obligation that is issued by the deputy assistant secretary of the Air Force for budget to a major command or field operating agency

Question 11

Budget allotment

Answer 11

Issues by major commands or field operating agencies to subordinate units

Question 12

Continuing resolution authority

Answer 12

Fiscal law authority that allows the government to continue operations at a minimum level for a specific amount of time, usually a few days to a few weeks

Question 13

Cost center

Answer 13

The organization that gathers and distributes cost data

Question 14

Financial management board

Answer 14

Senior advisory committee chaired by the commander or deputy commander and includes group commander level members and the comptroller, directors, and special staffs

Question 15

Financial working group

Answer 15

Reviews program and cost factors, compares actual with prior year costs, reviews justifications, periodically evaluates performance against estimates and submits a recommended financial plan to the fmb

Question 16

Milestones associated with Budgeting process

Answer 16

Significant events in the budgeting process

Question 17

Obligation

Answer 17

A legal binding agreement between the government and another party.

Question 18

Program objective memorandum (POM)

Answer 18

Biennial memorandum submitted to the Secretary of Defense from each Military Department and defense agency. It proposes total program requirements for the next six years.

Question 19

Resource Advisor (RA)

Answer 19

Budget representative for an organization. The RA participates actively in resource management, including the planning, programming, budgeting, acquiring consuming, storing, and disposing of resources. The RA is directly responsible to the RCM.

Question 20

Responsibility Center Manager (RCM)

Answer 20

The RCM normally heads an organization that plans, organizes, directs, and coordinates activities of subordinate organizations and functions.

Question 21

Timelines associated with Budgeting process

Answer 21

Submission deadlines associated with quarterly and annual budget requirements

Question 22

Budget Execution Review (BER)

Answer 22

2 part process that occurs twice within each budget cycle to identify and redistribute funds to meet unfunded requirements such as unforeseen or initially unanticipated mission related expenses

Question 23

Financial Execution Plan (fep)

Answer 23

Refers to a product formally called the Financial plan or fin plan. The FEP ensures an equitable distribution of the President’s Budget (PB) for the next fiscal year consistent with accomplishing Air Force program objectives and is the main vehicle for distributing anticipated funding

Question 24

Antideficieny Act

Answer 24

Law that prohibits agencies from involving the government in a contract or obligation for the payment of money before an appropriation is made unless authorized by law

Question 25

Unit manpower document

Answer 25

Computer product details the organization structure ( the number, skills, grade, and security requirements of manpower authorizations), the position number for each authorization, and other pertinent data that commanders and managers need to manage manpower resources

Question 26

Funded requirements

Answer 26

An authorized and funded position needed to accomplish the assigned workload. Funded manpower position are allocated by category

Question 27

Unfunded requirement

Answer 27

Refers to authorized but unfunded positions needed to accomplish the assigned workload

Question 28

Authorized change request

Answer 28

A multi-purpose instrument used to propose adjustments to the UMD