BCF 110 Module 8 EXECUTION EXAM PART 1: Execution Questions Fully Answered.

What step comes after commitment in the funds execution process ? - Answer -Appropriation Bill -Budget Authority -Authorization Bill -*Obligation* Which funding document can be used to extend the expiration date of an appropriation when issued as a``project order?`` - Answer -DD Form 448 Military Interdepartmental Procurement Request (MIPR) -Funding Authorization Document (FAD) -*NAVCOMPT Form 2275 Order for Work and Services* -NAVCOMPT Form 2276 Request for Contractual Procurement Your program`s actual obligations are almost exactly at their planned levels, but your program`s actual expenditures appear to be lagging significantly behind plan. Which of the following is NOT a potential cause of this problem? - Answer -Contractor is submitting invoices several months after performing work -Administrative Contracting Officer is not certifying invoices in a timely manner -*Procuring Contracting Officer is awarding contracts as planned* -Disbursing office has charged payments to the wrong fund cite Which set of numbers in an account symbol tell you the Service Designator/Component (e.g. Army, Navy, Air Force)? Select two. - Answer -Object Classification -*Service Designator* -*Appropriation* -Authorized Accounting Activity -ACRN Which funding documents are Direct Cite documents? (Select two) - Answer -Funding Authorization Document (FAD) -*Request for Contractual Procurement (RCP)* -*Military Interdepartmental Procurement Request (MIPR)* -NAVCOPT Form 2275 Order for Work and Services