Shared Flashcard Set

Details

FM Block 1-B PE 10a
Financial Management Officer Course
26
Finance
Post-Graduate
04/08/2013

Additional Finance Flashcards

 


 

Cards

Term

Fund Citation

 

Line of Accounting

Definition
What are accounting classifications commonly referred to as?
Term

Appropriation (Dept, FY, APPN) 

&

ADSN (Accounting & Disbursing Station Number)

Definition
All accounting classifications must contrain which two components?
Term

1.  Agency Code (Dept)

2.  Fiscal Year

3.  Appropriation Symbol (APPN)

 

 

Who has it

When they have it

What do they have

 

Major component identifies the approp/fund account established on the books of the US Treasury

Definition
Which three elements are contained in the Appropriation?
Term

1.  FC - Fund Code

2.  FY - Fiscal Year

3.  OAC - Operating Agency Code

4.  OBAN - Operating Budget Account Number

 

 

Used with approp symbols except deposit funds and receipt accounts

Definition
The Allotment Code contrains which four elements?
Term
Agency Code (Dept)
Definition
What code identifies the government agency or Federal Department to which an appropriation is applicable?
Term

57

 

 

Department, issued by the Dept of the Treasury

Definition
What is the AF agency code?
Term
97
Definition
What is the DoD agency code?
Term

Fiscal Year (FY)

 

 

One or two digit period of availability (POA) is available for obligations as set forth in approp warrant.

Definition
What code in the appropriation symbol identifies the time limits for appropriations?
Term

Appropriation Symbol

 

Referred to as the Treasury Symbol

Color of Money

3400

Definition
What symbol identifies the appropriation number assigned by the United States Treasury to control the funds being used?
Term

Treasury Symbol

3400

Definition
The appropriation symbol is also referred to as what?
Term
3400
Definition
What numbers easily identify an Operations and Maintenance appropriation?
Term
Fund Code (FC)
Definition
What is directly related to the appropriation symbol listed in the Appropriation?
Term

OAC identify a Major Command or Field Operating Agency (FOA) that issued the funding document to the base

 

OAC - Operating Agency Code

Definition
What does the OAC identify?
Term

Identify the funding document, component  is referred to

 

6th & 7th digits assigned by the MAJCOM/operations agency to identify the funding documents

Definition
What do the OBANs, assigned by the MAJCOM/operating agency, identify?
Term

Responsibility Center (RC)

Cost Center (CC)

 

RC/CC  - who

Definition
What code identifies the responsibility centers (responsible organizations) and cost centers (using organizations) incurring the cost (expense)?
Term

Budget Activity (BA)

 

related to the FYDP

Why money is being spent

2 digits

Definition
What code is used to identify the fund control point?
Term
Why the money is being spent
Definition
What do BA, assigned by the DoD, identify?
Term

01   -   Operating Forces

02   -   Mobilization

03   -   Training & Recruiting

04   -   Administration & Service-wide Activities

Definition
What BA is used for each of the following?
Term

Element of Expenses / Investment Code

(EEIC)

Definition
What codes are designed for use in budget preparation and accounting systems to identify the nature of services and items acquired?
Term

Program Element Coded

(PEC)

Definition
What code is an element of the DoD Defense Program representing a combination of personnel, equipment, and facilities, which together constitute a specific identifable military capability or support activity?
Term

Accounting & Disbursing Station Number

(ADSN)

 

Req'd use with all accounting classification

Definition
What code identifies the specific agency or station responding for accounting for the classification?
Term

Emergency & Special Program 

(ESP)

Definition
What code is a two-digit code that identifies specific costs incurred for special programs?
Term

Morale, Welfare & Recreation

(MWR)

 

 

Lodging, religious & education and other programs authorized by directives

Definition
NAF funds support what type of programs?
Term

Category A, mission sustaining activities

100% - AF goal (gym)

Category B, Basic community support activities

50% - Minimum direct cost (cdc)

Category C, Revenue-generating activities

0% - Authorize indirect APF support & limited direct APF support

Definition
Into what three categories are Air Force Services activities classified?  These three categories are used for determining the source of funding support authorized for each.
Term

Official Representative Funds

(ORF)

 

Unauthorized: 

DOD members / spouses

Seasonal greeting cards

Repair facility

 

Ratios:

less than 30 - not more than 80% DOD

more than 30 - not more than 50% DOD

 

Definition
What type of funds is used for upholding the standing and prestige of the United States by extending official courtesies to certain officials and dignitaries of the Unites States and foreign countries?
Term

AF sells goods or services to Other AF agencies, DOD agencies, Gov't agencies, authorized civilian contractors, private agency

 

Always start with "c" & normally followed by two digits.

Definition

Account Receivable Sales Codes

(SC)

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