MICP Program (rated 100% correct).
AR 11-2 ANS - Applies to all Army organizations and programs
Statutory Authority ANS - • Title 31 USC 3512(b) The Federal Managers' Financial Integrity Act (FMFIA or
Integrity Act) requires the head of each executive agency to:
Establish internal controls to provide reasonable assurance that: obligations and cost are in compliance
with applicable laws; funds, property, and other assets are safeguarded against waste, loss, or
unauthorized use,
statutory authority2 ANS - Report annually to the President and Congress on whether these internal
controls comply with requirements of the Integrity Act.
AR 11-2 (A) ANS - Applies to all ARMY programs& affirms resposibility of CDRs and Managers at all levels
to establish and maintain effective Internal Controls assess areas of risk, identify and correct weaknesses
Leadership Emphasis ANS - The Army Managers' Internal Control Program is designed to ensure
programs operate as intended, areas needing improvement are identified and reported, and timely
corrective action is taken. The program promotes these goals through periodic evaluation of key
controls and full disclosure of the shortcomings we detect.
Internal Control Evaluation ANS - An internal control evaluation is a detailed, systematic, and
comprehensive examination of key controls to determine if they're in place, uses as intended, and
effective in achieving their goal or purpose.
What does Internal controls evaluate ANS - These evaluations determine susceptibility of a function or
process to waste, loss, unauthorized use or misuse of resources
Results define what ANS - Must show a specific determination of effectiveness
AR 11-2 ANS - Applies to all Army organizations and programs
Statutory Authority ANS - • Title 31 USC 3512(b) The Federal Managers' Financial Integrity Act (FMFIA or
Integrity Act) requires the head of each executive agency to:
Establish internal controls to provide reasonable assurance that: obligations and cost are in compliance
with applicable laws; funds, property, and other assets are safeguarded against waste, loss, or
unauthorized use,
statutory authority2 ANS - Report annually to the President and Congress on whether these internal
controls comply with requirements of the Integrity Act.
AR 11-2 (A) ANS - Applies to all ARMY programs& affirms resposibility of CDRs and Managers at all levels
to establish and maintain effective Internal Controls assess areas of risk, identify and correct weaknesses
Leadership Emphasis ANS - The Army Managers' Internal Control Program is designed to ensure
programs operate as intended, areas needing improvement are identified and reported, and timely
corrective action is taken. The program promotes these goals through periodic evaluation of key
controls and full disclosure of the shortcomings we detect.
Internal Control Evaluation ANS - An internal control evaluation is a detailed, systematic, and
comprehensive examination of key controls to determine if they're in place, uses as intended, and
effective in achieving their goal or purpose.
What does Internal controls evaluate ANS - These evaluations determine susceptibility of a function or
process to waste, loss, unauthorized use or misuse of resources
Results define what ANS - Must show a specific determination of effectiveness
