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Study Guide Disbursing Test 1

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Study Guide Disbursing Test 1 DFAS _______ is considered the accounting firm for the Department of Defense Disbursing Officer an individual designated by the DoD to account for public funds received, maintained, disbursed, or otherwise disposed of for a particular Disbursing Station Symbol Number (DSSN) Deputy Disbursing Officer Disbursing Agent Paying Agent Cashier Deployable Disbursing System 1) DDS is designed to automate the tactical or OCONUS disbursing office operations, check writing, reporting, and accountability. (2) DDS is designed for user single source input for point of origin to the accounting system and to the accountability reports. (3) DDS uses DoDFMR 7000.14-R, Volume 5, Disbursing Policy and Procedures, as the basis for the system design. (4) DDS is designed to work as a stand-alone or network system, which will interface with additional systems. These systems are: (a) CAPS. (b) IATS. (c) Standard Finance System (STANFINS), an Army-wide standard accounting system. (5) DDS handles remote processing and will allow the information to be merged back into a main or originating site. Standard Finance System Designed to automate all the disbursing, travel, accounts payable, and accounting section's payment functions into one on-line finance and accounting system ITS.gov (1) International Treasury Services (2) Comprehensive Payment and Collection system for processing international electronic and check payments in over 200 countries (3) Used by More Financial Institutions than any other EFT Software Program (4) Supports multiple levels of verification and segregation of duties to ensure security (5) There is no cost to federal agencies to use ITS.gov. Treasury pays all fees GFEBS (1) Records all accounting transactions for vouchers processed in the Disbursing office. (2) Used to help reconcile all obligations and disbursements. What is a Disbursing Officer responsible for? Accounting for all public funds received, maintained, disbursed, or otherwise disposed of for a particular Disbursing Station Symbol Number (DSSN). What does a Deputy Disbursing Officer do? Acts in the nam

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Study Guide Disbursing Test 1
DFAS ✅_______ is considered the accounting firm for the Department of Defense



Disbursing Officer ✅an individual designated by the DoD to account for public funds received,
maintained, disbursed, or otherwise disposed of for a particular Disbursing Station Symbol Number
(DSSN)



Deputy Disbursing Officer ✅



Disbursing Agent ✅



Paying Agent ✅



Cashier ✅



Deployable Disbursing System ✅1) DDS is designed to automate the tactical or OCONUS disbursing
office operations, check writing, reporting, and accountability.



(2) DDS is designed for user single source input for point of origin to the accounting system and to the
accountability reports.



(3) DDS uses DoDFMR 7000.14-R, Volume 5, Disbursing Policy and Procedures, as the basis for the
system design.



(4) DDS is designed to work as a stand-alone or network system, which will interface with additional
systems. These systems are:

(a) CAPS.

(b) IATS.

, (c) Standard Finance System (STANFINS), an Army-wide standard accounting system.



(5) DDS handles remote processing and will allow the information to be merged back into a main or
originating site.



Standard Finance System ✅Designed to automate all the disbursing, travel, accounts payable, and
accounting section's payment functions into one on-line finance and accounting system



ITS.gov ✅(1) International Treasury Services



(2) Comprehensive Payment and Collection system for processing international electronic and check
payments in over 200 countries



(3) Used by More Financial Institutions than any other EFT Software Program



(4) Supports multiple levels of verification and segregation of duties to ensure security



(5) There is no cost to federal agencies to use ITS.gov. Treasury pays all fees



GFEBS ✅(1) Records all accounting transactions for vouchers processed in the Disbursing office.



(2) Used to help reconcile all obligations and disbursements.



What is a Disbursing Officer responsible for? ✅Accounting for all public funds received, maintained,
disbursed, or otherwise disposed of for a particular Disbursing Station Symbol Number (DSSN).



What does a Deputy Disbursing Officer do? ✅Acts in the name of and for a Disbursing Officer (DO) to
perform any and all acts relating to the receipt, disbursement, custody, and accounting for public funds.
The DO may put restrictions on these acts.

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