Pretest Vol 1. Accounting Principles And Contingency

18 Questions | By Gijustin03 | Last updated: Mar 22, 2022 | Total Attempts: 49

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2011 vol. Financial Management Journeyman

Questions and Answers

1.

Which office handles most of the accounting processes at base level?
- A.
  
  Comptroller
- B.
  
  FMA
- C.
  
  FMF
- D.
  
  DFAS
2.

How is the accounts receivable sales code used?
- A.
  
  To explain the purchase
- B.
  
  To identify the agency selling the product
- C.
  
  To identify the customer
- D.
  
  To explain the received items
3.

What is an administrative reservation of funds?
- A.
  
  Obligation
- B.
  
  Commitment
- C.
  
  Binding agreement
- D.
  
  Request for purchase
4.

What is the two digit alpha code assigned to GAFS?
- A.
  
  TQ
- B.
  
  BQ
- C.
  
  CQ
- D.
  
  XX
5.

What action code is used for establishing an FSR?
- A.
  
  NN
- B.
  
  NT
- C.
  
  NF
- D.
  
  FT
6.

SELECT ALL THAT APPLY: Which of the following systems will be replaced by DEAMS?
- A.
  
  GAFS
- B.
  
  IAPS
- C.
  
  WAWF
- D.
  
  ABSS
- E.
  
  BARS
- F.
  
  CRIS
7.

how is a payment made if the original invoice is lost or destroyed?
- A.
  
  No payment is made
- B.
  
  On an unsigned memorandum copy of the invoice
- C.
  
  On a signed memorandum copy of the invoice
- D.
  
  Through DFAS and with a AF 821
8.

What listing identifies all open document summary records?
- A.
  
  DAL
- B.
  
  ODL
- C.
  
  DASL
- D.
  
  AL
9.

At the end of each month, financial analysis retrieves all flying hour fuel AVFUEL expenditures from what EEIC?
- A.
  
  609
- B.
  
  699
- C.
  
  709
- D.
  
  569
10.

Who determines the PRICE PER COMMODITY to distribute funding to each base?
- A.
  
  FMA
- B.
  
  FAO
- C.
  
  MAJCOM
- D.
  
  DFAS
11.

Accounts Recievable: how long does the customer have to make a payment prior to becoming delinquent?
- A.
  
  60 days
- B.
  
  30 days
- C.
  
  10 days
- D.
  
  120 days
12.

SMAS: The program that produces the trial balance is programmed to detect certain types of errors in the report. when these errors are detected, they cause management notices to be printed in the ____ column.
- A.
  
  Balances
- B.
  
  Changes
- C.
  
  Remarks
- D.
  
  Accounts
13.

What regulation governs planning procedures that must be adhered to during contingency
- A.
  
  AFI 10-213
- B.
  
  AFI 10-403
- C.
  
  AFI 31-101
- D.
  
  AFI 65-110
14.

What regulation governs limited wartime contingency operations for comptroller plans.
- A.
  
  AFI 10-213
- B.
  
  AFI 10-403
- C.
  
  AFI 31-101
- D.
  
  AFI 65-110
15.

What is the "normal" timeframe a contingency operation must be projected to last, that indicates comptroller personel will be present during the intial deploying force?
- A.
  
  31 days
- B.
  
  61 days
- C.
  
  121 days
- D.
  
  30 days
16.

What regulation governs official representation funds?
- A.
  
  AFI 65-601
- B.
  
  AFI 65-602
- C.
  
  AFI 65-603
- D.
  
  AFI 65-604
17.

What sevice is used to make EFT payments to foreign vendors in US dollars/foreign currency.
- A.
  
  DFAS.mil
- B.
  
  Treasury.gov
- C.
  
  ITS.gov
- D.
  
  PayPal
18.

What position in the delpoyed environment does PCC get used?