U.S. Army Soldier Support InstituteFinance and Comptroller School

MOS 36B – Finance Technician Advanced Individual Training

Maintain Commitments and Obligations

Practical Exercise

Supplement

Name: ___________________ Class: ________

April 2020

OBJECTIVE: This practical exercise (PE) is designed to familiarize you with the Flow and Receipt of Funds. At the conclusion of this PE, you should be able to identify the funds, their functions and types.

MATERIALS NEEDED: Access to the Maintain Commitment and Obligation slides, summary sheets, and DoDFMR, Volume 3.

INSTRUCTIONS:

1. All situations have one correct answer.

2. You will complete this PE during class immediately following the lesson. You will have 1 hour to complete this PE. You will be called on to give your answers and explain to the class how you determined your answer.

SITUATION: You are a budget analyst, working for the Director of Resource Management, 23rd ARMOR DIV, Ft. Stewart, GA. You must answer at a minimum 80% of the questions correctly.

REQUIREMENT: Use the student handout, regulations that were covered during this course provided by your Instructor. You must score 80 to achieve a passing score.

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1. Who is overall responsible for the first step in authorizing the Flow of Funds?

A. Department of the Army B. USA, FORSCOM C. Congress D. Department of Defense

2. Choose the correct Flow of Funds Procedure.

A. Department of the Army, OMB, Treasury, SFC/GFC, Installations, Activities B. Congress, OMB, HQDA, ACOM (etc.), Installations, Subordinate Activities (etc.) C. Congress, OMB, Installations, Subordinate Activities, Treasury D. Treasury. Congress, OMB, Subordinate Activities, Subordinate Units 3. Which section of the Flow of Funds apportions funds to Departments of the U.S. government?

A. The Office of Management and Budget B. Treasury C. Funds Center D. Congress

4. Which Authority is immediately available for obligation?

A. FFA B. DOA C. FRA D. ARA

5. Which choice below describes a ceiling?

A. Unlimited amount of funds. B. Maximum amount of funds. C. Zero amount of funds. D. Depends on the orders or need.

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6. How many methods of Funding were discussed in this lesson?

A. 3 B. 4 C. 2 D. 2&3

7. What are the Administrative Limitations?

A Floor, Roof, Ceiling, Target B. Fence, Floor, Target, Goal C. Fence, Target, Floor, Ceiling D. Fence, Bracket, Target, Ceiling

8. Which Administrative Limitation is subject to withdrawal by higher command?

A. Floor B. Expense C. Ceiling D. Fence

9. Which Authority/Authorities Received is/are in a specific dollar amount and for mission use or performance and Base Operations? A. DOA Cash B. DOA C. DOA FRA D. DOA, FRA, ARA

10. What is the Appropriation for Operations and Maintenance?

A. 2030 B. 2010 C. 2020 D. 2040

11. What are the methods of funding?

A. Informal Expense Funding B. Formal and Informal Distribution C. Distribution of Funding Documents D. Disbursing Funding

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12. Informal Distribution of funds is not subject to the Anti-Deficiency Act Title 31 A. True B. False

13. How many types of funding are there?

A. 4 B. 3 C. 2 D. 5

14. ________ of funds are subject to Title 31 of the United States Code 1517.

15. An obligation is properly recordable only when supported by __________ _________.

16. A ____ is the Transaction Code (T-Code) used in GFEBS to record commitments.

MATCHING

17. Obligation18. HQDA19. Installations20. Department of Defense (Dept. 97)

a. This stage of the expenditure transactions is the legal reservation of funds.

b. Allocates funds to its Funds Centers, including Special Operating Agencies (SOA), General Operating Agencies (GOA), and Army Commands (ACOMs).

c. Distribute funds on a funding document

d. These funds are sent to the Department of the Army through GFEBS at a level 1 interface.

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