Shared Flashcard Set

Details

FM Block 1-B PE 10b
Financial Management Officer Course
24
Finance
Post-Graduate
04/09/2013

Additional Finance Flashcards

 


 

Cards

Term

1.  Authorizations

2.  Work-years

3.  Average Cost

Definition
The basic method for computing civilian personnel costs will involve what three elements?
Term
Authorizations
Definition
What is referred to as the number and grade of positions allowed?
Term
Work-year
Definition
What is the equivalent of one employee being in a pay status for the number of compensable hours in a fiscal year?
Term
Total Expenses (personnel compensation) / Work-year
Definition
How is an average work year cost computed?
Term

1.  Per Diem

2.  Transportation Expense

3.  Reimbursable Expense

Definition
TDY costs include what three types of expenses?
Term

Per Diem

 

TDY in excess of 12 hrs

Definition
What is defined as a daily allowance designed to reimburse a member for the cost of quarters; subsistence, and incidental expenses
Term

Monetary Allowance in Lieu of Transportation

(MALT)

Definition
When performing authorized travel at personal expense, the tgraveler receives a reimbursement called what?
Term

taxicab

traver's check

baggage handling

ATM fees

Definition
What are examplesof authorized reimbnursable expenses incurred in the performance of duty?
Term
409
Definition
What EEIC identifies travel requirements?
Term
Definition
How is the mode of travel determined for TDY personnel?
Term

- Post  Office Boxes rental

- Postage meter machines & postage expense

- Switchboard & service charges

- Cable TV service & installation charges

- Telephone installation cost

Definition
What elese is included as Communication requirements, except transmission of messages, such as contractual charges for telephone and official long-distance charges?
Term

AFWay

 

- Air Force Chief Information Officer made it policy

 

- automated web-based tool for acquiring commercial off-the-shelf IT products

- Gives better control and enhanced tracking of IT products

Definition
What is the purchasing process for acquiring andmanaging Information Technology (IT) equipment?
Term

-  When it is not in their best interest to purchase the item.

- Need some unusual equipment that is not used often by AF personnel.

- Frequency of need fro an item dictates whether more effective to rent/lease or buy

Definition

When does the Air Force rents from private sources?

 

Term

Civil Engineer

(CE)

- has overall responsibility for all base utilities

Definition
Who has monthly data on past utility usage plus information for facility changes, construction, or deactivation?
Term
Dollar requirements for utiltilies
Definition
With past utility usage information, what is estimated?
Term
CE office, with FMA assistance
Definition
Who computes the estimates for utilities?
Term

True

 

Identification of these organizations is necessary

 

Most instances - no separate metering devices

Base CE must estimate the consumption

Definition
True / False:  The utilities consumed by other than Air Force activities may be on a reimbursable basis.
Term

Defense Logistic Agency (DLA) Document Services (DS)

(DLA DS)

 

formally referred to as

Defense Automated Printing Services (DAPS)

 

Definition
Who is the primary provider for printing and reproduction services?
Term

Education Office

 

-use past experience

- Information projected manpower & organization office about projected strength

# of students projected to use tuition assistance

Civ TA based on funds available

Definition
Who is responsible for estimating average number of semester hours earned by each student and the average government cost per semester hour?
Term

$3,000

 

Used to pay for training or for purchase & installation of carpet

Definition
Organizations use the GPC to purchase supplies and/or one-time small purchases of less than what amount?
Term

DoD pilot program

Automated tool within AFWay that centralizes the purchases of desk tops, expendable mini towers, and mainstream notebooks

Definition

Definition of AF Quarterly Enterprise Buy

(QEB)

Term

- Custodial Services

- Refuse Collection & Disposal

- Grounds Maintenance Services

Protected Coating Service

Inspection Services

Contracted on and as required basis

Definition

Definition of

Civil Engineering Contract Services

Term

- Called Table of Allowance (TA)

- Authorizes each item of equipment in an org

- EAID only represents pieces of equip auth.

- Consider what equip is actually on hand

Definition

Define:

Equipment Authorization Inventory Data (EAID)

Term

- Use this rate to determine supply requirements

- Take historical usage & divide it by the # of days in the period

- Rates plus known program changes

- When using DIAR, historical data is analyze to determine one time buys

Definition

Define:

Daily Average Issue Rate (DAIR)

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