What are the three tests that must be met for use of the Necessary Expense
doctrine?
Must bear a logical relationship
Not prohibited by law
Not funded elsewhere
(p 3.1.17)
Who grants relief of liability to a certifying officer for erroneous or illegal
payments in the Department of Defense?
The Defense Finance and Accounting Service (DFAS)
(p. 3.1.51)
What type of budgetary resources remains available for new obligations for more
than one fiscal year?
Multi-year authority
(p. 3.1.24)
What type of Congressional resolution can be thought of as a temporary
appropriations act?
Continuing Resolution (CR)
(p. 3.1.41)
What agency apportions funds for a working capital fund?
The Office of Management and Budget (OMB)
(p. 2.1.71)
What is the acronym for disbursing office identification numbers?
Disbursing Station Symbol Numbers (DSSN)
(p. 3.2.30)
What three primary types of officials are accountable Individuals in the DoD?
Certifying Officers (CO),
Disbursing Officers (DO),
Departmental Accountable Officials (DAO)
(p. 2.2.21, 2.2.64)
What is the normal collection method for debts owed by active military members
and civilian employees who are still in service?
Salary Offset garnishing
(p. 3.2.38)
When collecting debts owed by vendors that have failed to properly respond to
the demand letters, what is the next step?
Do Not Pay List
(p. 3.2.40)
When in doubt about the proper use of an appropriation, what may the disbursing
officer request form the OSD General Counsel on the propriety of the prospective
payment?
,An Advance Decision
(p. 3.2.12)
When a civilian employee moves from a job overseas to a job in the states, which
organization pays for the Permanent Duty Travel?
The "losing" activity
(the OCONUS activity)
(p. 3.2.22)
Name the supporting documents required in the DoD Payment Package?
Contract
Invoice
Proof of Receipt
Acceptance Document
(p. 3.2.24)
Name two key forms that provide accountability and control by Disbursing
Officers?
Standard Form 1219, Statement of Accountability (monthly)
DD Form 2657, Daily Statement of Accountability
(p. 3.2.44)
What term is used to describe Federal Government funds that have been paid but
have not yet been identified to a specific organization?
Undistributed Disbursement
(p. 3.3.39)
The aggregate amount of an entity's funds in the Treasury is in what account?
Fund Balance with Treasury
(p. 3.3.39)
Which three Federal agencies established the FASAB?
The Government Accountability Office (GAO),
the Department of Treasury, and
the Office of Management and Budget (OMB)
(p. 3.3.13)
What is the Federal law that specifically required existing CFO agencies to have
financial statements that successfully pass a financial audit?
The Government Management Reform Act of 1994
(p. 3.4.5)
Which standards generally apply to all Federal Government audits?
GAO Standards or GAGAS
(p. 3.4.10)
How many hours of continuing professional education must an auditor complete
every 2 years?
80 hours in 2 years
(p. 3.4.14)
What is the minimum number of hours that must be completed in any year of the
2-year period?
20 hours minimum each year
(p. 3.4.14)
, The auditor is restricted access to essential data necessary to satisfy the audit
objective. What type of impairment would this be?
External Impairment
(p. 3.4.12)
Which type of audit is expected to determine whether:
- The financial information is presented in accordance with established stated
criteria;
- The entity has adhered to specific financial compliance requirements; and
- The entity's internal control structure over financial reporting and/or
safeguarding of assets is suitably designed and implemented to achieve the
control objective?
Financial Audit
(p. 3.4.22)
Which type of audit is expected to determine whether:
- The entity is acquiring, using, and protecting its resources economically and
efficiently;
- The entity's programs are achieving the desired results or benefits; and
- The entity is accomplishing its mission in accordance with applicable laws,
regulations, and public policies.
Performance Audit
(p. 3.4.22)
What does Title 31 do?
Provides statutory authority for the use, control, and accountability of public funds.
The established rule is that the expenditure of public funds is proper only when
authorized by Congress, not that public funds may be expended unless
prohibited by Congress.
Basic Axiom of Fiscal Law
What are the sources of Fiscal Law?
- The Constitution
- Authorization Acts
- Appropriation Acts
- General Statutes
- CG Decisions & Courts
Which part of the constitution empowers the Congress to pass bills for the
raising of revenue, and delineates how bills will pass from the Congress to the
President for signature or veto?
Article 1, Section 7
Which part of the constitution empowers Congress to collect taxes?
Article 1, Section 8, Clause 1
Which part of the constitution requires appropriations in law before money may
be spent from the Treasury?
The term appropriation applies broadly to any law that permits a Government
employee to spend money, not just to the regular appropriation bill.
Article 1, Section 9, Clause 7
What did the Budget and Accounting Act of 1921 provide?
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