Shared Flashcard Set

Details

FM Block 1-B PE 10c
Financial Managment Officer Course
9
Finance
Post-Graduate
04/13/2013

Additional Finance Flashcards

 


 

Cards

Term
"A" Legal Limitation
Definition
What type of limitations does Congress identify through public law for specific purposes?
Term

"B" - Administrative

 

OBADs are primarily control documents

 

SAF/FMB

MAJCOM

Definition
What type of limitations is Air Force directed limitations and represents special interest areas?
Term

"OF" Air Force Flying Hour limitation

 

- ensure Flying Hour program amounts are consistent between the Air Staff & MAJCOMs

Definition
What does "OF" Operational Limitation represent?
Term

"R" Readiness (Guide)

 

- Readiness Transfer Report

- Transfer in/out

- SAG does not require advance approval

Definition
With what type of limitation does Congress require MAJCOMs to provide mid-year and end-of-year reports explaining any delta between funding and actual obligations in these SAGs?
Term

Floor

 

Counter Narcotics

 

Establish funding limitation: Public Law, HHQ, local limitation

Definition
What type of limitation establishes the minimum or greater than the amount required to be spent in support for a specific purposes?
Term
Congressional Earmarks
Definition
"E" Limitation?
Term

Fence

 

- civilian pay program

- Joint Chief of Staff (JCS) program

- Exercise & Deployment cost

Definition
What type of limitation directs that money cannot be added to or taken away from a particular area?
Term

- A maximum amount that can be spent in certain area

 

- Need agency approval to exceed

- Normally placed on a particular program element (PE)

Definition
What does a ceiling limitation prescribe?
Term

Commands report movements over 500K

Cannot migrate funds

 

SAG (011A, 011B, 011C, 011D, 011E, 011Z, 021A)

 

Definition
What are the readiness Sub-Activity Groups (SAG) for the "R" Readiness Guide limitation?
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