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CDC Test 1 2024 Questions & Answers
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CDC Test 1 2024 Questions & Answers Which organization allocates appropriated fund money? A) Army and Air Force Exchange Service B) Nonappropriated funds instrumentalities office C) Commissary ' D) Congress - ANSWERSCongress Operation and maintenance (O&M) funds are used to? A) r...

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  • June 28, 2024
  • 6
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • cdc test 1 2024 questions answers

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  • CDC
  • CDC

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CDC Test 1 2024 Questions & Answers
Which organization allocates appropriated fund money? A) Army and Air Force Exchange Service B) Nonappropriated funds instrumentalities office
C) Commissary '
D) Congress - ANSWERSCongress
Operation and maintenance (O&M) funds are used to?
A) renovate facilities B) conduct day-to-day operations C) purchase equipment costing 50,000 or more.
D) perform only essential operations as determined by Services personnel - ANSWERSConduct day-to-
day operations
At what initial dollar amount are procurement funds reserved for? A) $50,000
B) $40,000
C) $30,000
D) $20,000 - ANSWERS$50,000
What is NOT an additional source of non-appropriated funds?
A) Subcharges
B) Donations
C) Local fees and charges D) Army and Air Force Exchange dividends - ANSWERSSubcharges
When establishing goals for the budget process, the activity manager considers ALL these factors EXCEPT
the?
A) desired construction and facility alterations B) need for new equipment or repair of existing equipment C) amount of non-appropriated funds available D)mission changes that will affect base population operations. - ANSWERSAmount of non-appropriated funds available
At base level, who is the single custodian for all non-appropriated fund (NAF) assets, unless another individual is appointed as directed by Air Force Instruction AFI 34-201, Use of Non Appropriated Funds?
A) Supervisor
B) Flight Chief
C) Resource Manager (RM) D) Force support squadron commander - ANSWERSResource Manager (RM)
Who provides accounting support to the force support squadron?
A) Non-appropriated fund (NAF) accounting office (AO) personnel.
B) Resource Manager (RM)
C) NAF resale operations personnel
D) NAF activity manager - ANSWERSNon-appropriated fund (NAF) accounting office (AO) personnel
When accounting for assets, which assets require internal controls?
A) Cash or cash equivalents and resale merchandise only. B) Cash or cash equivalents and fixed assets only.

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