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CFI 100: Certifying Officer and Accountable Official Course Updated 2024/2025 Verified 100% £6.48   Add to cart

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CFI 100: Certifying Officer and Accountable Official Course Updated 2024/2025 Verified 100%

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  • Module
  • CFI 100: Certifying Officer and Accountable Offici
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  • CFI 100: Certifying Officer And Accountable Offici

The Financial Management Board (FMB) and the Financial Working Group (FWG) implement a quarterly phased plan that allows the FMA office to distribute funds to: - ️️Responsibility center managers, who in turn, distribute the funds to cost center manager When Congress hasn't passed the new fi...

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  • September 17, 2024
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  • 2024/2025
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  • CFI 100: Certifying Officer and Accountable Offici
  • CFI 100: Certifying Officer and Accountable Offici
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CFI 100: Certifying Officer and
Accountable Official Course
The Financial Management Board (FMB) and the Financial Working Group (FWG)
implement a quarterly phased plan that allows the FMA office to distribute funds to: -
✔️✔️Responsibility center managers, who in turn, distribute the funds to cost center
manager


When Congress hasn't passed the new fiscal years Appropriation Act by the start of the
new fiscal year, what does SAF/FMB provide that allows Air Force activities to spend
money pending the passing of the DoD Appropriations Act? - ✔️✔️Continuing
Resolution Authority (CRA)


If there is an erroneous payment, then: - ✔️✔️The Certifying Officer is presumed
negligent and the accountable official has the burden of proof

31 U.S.C. 3802 sets the pecuniary liability limit to a civil penalty: - ✔️✔️Of not more
than $5,000 and twice the full amount of the erroneous payment

The appropriation section of this fund cite best relates to which fiscal concept, in the
above example? - ✔️✔️Purpose

What does the highlighted 2-digit number represent in the above example? - ✔️✔️Fund
code

In an accounting classification, what does the Element of Expense/Investment Code
represent? - ✔️✔️Resource consumption for a particular commodity

Which of the following is NOT true regarding pecuniary liability? - ✔️✔️Certifying
Officers and Accountable Officials face a presumption of negligence when a fiscal
irregularity has been identified

This resource contains listings of EEICs, RC/CCs, accounts receivable sales codes,
accounting action and post codes, and many other data elements - ✔️✔️Financial
Management Data Dictionary

Which level includes all the details of an accounting classification resulting in a unique
fund citation? - ✔️✔️Fund summary records (FSRs)

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