CDFM Test 3 Complete Questions With 100% Verified answers

CDFM Test 3 Complete Questions With 100% Verified answers What are the Three tests that must be met for use of the Necessary Expense doctrine 1. Must bear a logical relationship 2. Not Prohibited by law 3. Not funded elsewhere who grants relief of liability to a certifying officer for erroneous or illegal payments in the DoD DFAS What did the Budget and Accounting Act of 1921 do 1. Required President to submit annual budget for all 3 branches of Government 2. Created Bureau of Budget-OMB 3. Established General Accounting Office (now Government Accounting Office) Congressional Budget Act of 1974 did what 1. Governs the congressional budget process 2. Defines some key budget terms, such as budget authority, that are used in all phases of the budget process. 3. Establishes the House and Senate budget committees and the congressional budget office (CBO) What is a fiduciary certifier the person responsible for use of appropriated funds as to the proper Purpose, Time, and Amount, and for those U.S. Codes. What is a Pecuniary Certifier Physical Control of the Money. What type of certifier can be granted relief if certain conditions are met Pecuniary Certifier If the law does not specify an amount of budget authority available the amount is? classified as indefinite What authorized an agency head to recognize superior performance with awards of cash, time off, or merchandise The Government Employees Incentive Awards Act 5 USC 4503 Severable Services can cross fiscal years as long as they are for no more than 12 months. What law codified this 10 USC 2410(a) Agencies must reimburse the Judgment Fund in these instances 1. Contract Disputes 2. No FEAR Act (Notification and Federal Anti-discrimination and Retaliation Act) 3. EEO Settlement Claims When paying the Judgement Fund, what funds are used Current year at the time of Judgment Payment of a legitimate obligation from cancelled year is paid from what funds an unexpired appropriation of the same purpose What requires an agency to have a system of administrative controls consistent with accounting procedures 31 USC Section 1514 Recording a transaction that is not sufficient to constitute an obligation Does not make the transaction a valid obligation Obtaining an advance decision from Comptroller General insulates Certifier against pecuniary liability. In DoD this is delegated to DoD General Counsel In DoD who is responsible for making determination of relief DFAS as delegated by SECDEF What are the four major functions in DoD Finance Entitlements, Payments, Collections and Control of public funds NOT Budgeting What is the principal organization in DoD with the responsibility for Finance requirements DFAS What is the acronym for disbursing office identification numbers Disbursing Station Symbol Numbers (DSSN) Accountable individuals in the DoD Certifying Officers, Disbursing Officers, and Departmental Accountable Officials Debt collection includes collection of debts from what three groups Current Employees and Military Members Former Employees and Military Members Vendors What is the normal collection method for debts owed by active military members and civilian employees who are still in service Salary Offset When collecting debts owed by vendors that have failed to properly respond to the demand letters. What is the next step Do Not Pay List When in doubt about the proper use of an appropriation, what may the disbursing officer request from the OSD General Counsel on the propriety of the prospective payment An advance decision what does certification equate to Liability If a civilian employee receives less than 90% of his or her normal biweekly pay and allowances, what may he or she request Special Pay When a civilian employee moves from a job overseas to a job in the states, which organization pays for the PCS The loosing activity (the OCONUS activity) Name the supporting documents required in the DoD Payment Package Contract Invoice Proof of Receipt Acceptance Document Name two key forms that provide accountability and control by disbursing officers Standard Form 1219, Statement of Accountability (monthly), DD Form 2657, Daily Statement of Accountability Which individuals hold personal and pecuniary liability for their actions in financial transactions Certifying Officers, Disbursing Officers and Departmental Accountable Officials How often does the disbursing officer need to inspect and document office security measures Semi Annually Entitlement Process Entitling Authorization Voucher Preparation Certification A vendor Payment must be supported by the following A Copy of the contract A proper invoice Proof of receipt An acceptance document Elements required in a voucher for it to cause a valid transaction 1. Voucher Heading and Date 2. Accounting Classification to be charged 3. Amount to be disbursed 4. Method of Disbursement 5. Payee The certifying official on a travel voucher is responsible for The Voucher and Supporting documents Computations Propriety of a proposed payment NOT timely payments National Defense Authorization Act of 1996(public law 104-106) requires Certifying Officers (COs) are always personally liable if negligent in duties. Separate COs and DOs responsibilities with internal controls How long can family members remain in quarters after death of service member 365 days When a reservist with no dependents goes to AT and is assigned to quarter what are they entitled to Partial BAH Number of Discretionary allotments a member can elect Six Number of Non-discretionary allotments allowed unlimited Premium Pay consists of Overtime, night pay, holiday pay, Sunday pay, Standby duty pay, environmental pay Hazard pay. NOT travel pay When dealing with civpay what does the family friendly leave act allow employees can use sick leave to provide care for a family member and significant others up to 104 hours What does Bone Marrow and Organ Donor Leave be used for Paid leave up to seven days for bone marrow and 30 days for organ doner in addition to any earned sick or annual leave. Methods of withholding taxes from civpay for additional payments such as incentive awards and by-out payments Flat Rate of 25% published by IRS, or Computed using W-4