Answered) EXECUTION EXAM: Apportionment, Documentation, and Fiscal Law

1) Which of the following is true concerning below-threshold reprogrammings in Research, Development, Test & Evaluation (RDT&E) appropriations? (Select one answer) The amount added to an existing Line Item must be less than $2 million The amount added to an existing Budget Activity must be less than $10 million The amount added to an existing Program Element must be less than $10 million 2) A current appropriation may be used to: (select all that apply) (THREE correct answers) Adjust obligations previously made against it Make payments to liquidate obligations made against it Pay bills related to a cancelled appropriation of the same type, up to 2% of the current appropriation amount or the unliquidated balance of the cancelled appropriation, whichever is less Make new obligations 3) Your contractor complains that it has not been paid for an invoice submitted several months ago. Which one of the following is a potential cause of this problem? Procuring Contracting Officer delayed award of the contract due to a protest Items or services cited in the invoice could not be verified by the Administrative Contracting Officer Disbursing Office matches the certified contractor payment request up to one or more existing obligations in the accounting system. DFAS Regional Finance Center failed to submit a voucher summary to the Treasury 4) The last 10 digits of the account symbol represents the ________ and it is made up of the Job Order Number and the ________. Authorized Accounting Activity; Fiscal Station Number (FSN) Cost Code; Expense Element Bureau Control Number (BCN); FASTDATA Object Classification; Agency Program 5) Time now is November 2014 (FY 15). Which of the following appropriations is This study source was downloaded by from CourseH on 10-03-2022 09:26:25 GMT -05:00 FY 2007 Aircraft Procurement, Navy FY 2008 RDT&E, Army FY 2008 Military Construction, Defense-Wide FY 2009 Operations & Maintenance, Army 6) Moving funds into or out of a program that has been designated as a "special interest" by one or more of the Congressional committees requires: Internal reprogramming Congressional prior approval reprogramming Below-threshold reprogramming Congressional notification reprogramming 7) Match the appropriation to the type of cost - Expense or Investment or both. a) MILPERS; O&M Expense b) MILCON; Procurement Investment c) RDT&E Expense and Investment 8) True or False. Investigations into fiscal law violations are led by the Government Accountability Office (GAO). True False 9) True or False. During the Triannual Review (TAR), the FM provides the Funds Holder with listing(s) or automated media identifying only the "current" commitments and unliquidated obligations. True This study source was downloaded by 10