6f051 Edit Code 7

77 Questions | Total Attempts: 157

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CDC Quizzes & Trivia

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Questions and Answers
  • 1. 
    What is the major difference between the responsibilities of the FMA and the DFAS.
    • A. 

      DFAS handles the accounting processes at base level.

    • B. 

      Structure within each field site is mostly standardized, but may vary at some locations.

    • C. 

      DFAS was actvated to reduce costs and improve the overall quality of DOD financial management.

    • D. 

      FMA handles the acconting processes at base level serves as a liasion between the bas organizations and DFAS.

  • 2. 
    Overall responsibility for obligation accounting is maintained by.
    • A. 

      Reports and analysis

    • B. 

      The Acquisition Division

    • C. 

      Finance and Accounting

    • D. 

      The Security Processing Division

  • 3. 
    All accounting classifications must contain at least the accounting and disbursing station number (ADSN) and the
    • A. 

      ESP code

    • B. 

      Allotment code

    • C. 

      Budget activity code

    • D. 

      Appropriation symbol

  • 4. 
    Which step in determining the elements of the acounting classification tells you to ensure the accounting station number is noted?
    • A. 

      Step 1

    • B. 

      Step 3

    • C. 

      Step 5

    • D. 

      Step 6

  • 5. 
    Which funds are established to record collections for no year and clearing accounts?
    • A. 

      Trust

    • B. 

      Deposit

    • C. 

      General

    • D. 

      Revolving

  • 6. 
    Which code indentifies what is being purchased?
    • A. 

      ESP

    • B. 

      EEIC

    • C. 

      Sales

    • D. 

      ADSN

  • 7. 
    What code is the first subdivision of the accounting classification below the appropriation level and always starts with the letter "P".
    • A. 

      Budget project

    • B. 

      Budget program

    • C. 

      Budget subproject

    • D. 

      Budget program activity code

  • 8. 
    The disbursement accounting process begins when
    • A. 

      Goods are received

    • B. 

      Payment is received

    • C. 

      Payment is requested

    • D. 

      Service is requested

  • 9. 
    When a requirement is known but a firm price is not, an administrative reservation of funds is processed and is also know as
    • A. 

      An obligation stage

    • B. 

      An expenditure stage

    • C. 

      A disbursement stage

    • D. 

      A commitment stage

  • 10. 
    Which stage of accounting liquidates the obligation?
    • A. 

      AEP

    • B. 

      COO

    • C. 

      UOO

    • D. 

      AEU

  • 11. 
    After receiving utilities estimates from CE, the DFAS enters the estimate into
    • A. 

      GAFS as unfilled customer orders (UFCO)

    • B. 

      GAFS as filled orders uncollected (FOU)

    • C. 

      SBSS as UFCO

    • D. 

      SBSS as FOU

  • 12. 
    What is te first step in identifying the stages of accounting?
    • A. 

      Identify whether funds are at the commitment or obligation stage

    • B. 

      Determine the type of accounting your working with.

    • C. 

      Ensure that funds are loaded into th correct stage.

    • D. 

      Start with disbursement accounting.

  • 13. 
    When identifying the stages of accounting for obligations, which step directs you to ensure that funds are at the proper disbursement stage?
    • A. 

      Step 1

    • B. 

      Step 2

    • C. 

      Step 3

    • D. 

      Step 5

  • 14. 
    GAFS uses internal files to track funds and stores them on a magnetic disk, this storage is also called
    • A. 

      Immediate access storage

    • B. 

      Permanent storage

    • C. 

      Temporary storage

    • D. 

      Off-line storage

  • 15. 
    Which record is not established at the beginning of the fiscal year?
    • A. 

      Find summary record (FSR)

    • B. 

      Control summary record (CSR)

    • C. 

      Program summary record (PSR)

    • D. 

      Document summary record (DSR)

  • 16. 
    Each combination of EEIC and RC/CC codes requires a separate
    • A. 

      FSR

    • B. 

      CSR

    • C. 

      PSR

    • D. 

      DSR

  • 17. 
    Which system was designed to automate the accounts payable process:
    • A. 

      Standard Procuremet System (SPS)

    • B. 

      Integrated Accounts Payable System (IAPS)

    • C. 

      Automated Business Services Systems ( ABSS)

    • D. 

      General Accounting and Finance System (GAFS)

  • 18. 
    What is the link between the IAPS and the GAFS?
    • A. 

      ICI

    • B. 

      SPS

    • C. 

      SMAS

    • D. 

      ATRAS

  • 19. 
    What system is used to approve upward adjustments to expired and cancelled appropriations?
    • A. 

      Defense Enterprise Accounting and Management System (DEAMS)

    • B. 

      Obligation Adjustment Reporting System (OARS)

    • C. 

      Automated Business Services System (ABSS)

    • D. 

      Centralized Disbursing System (CDS)

  • 20. 
    What is the next step after an ABSS user selects the form type?
    • A. 

      Add the line items

    • B. 

      Route the document

    • C. 

      Add the line of accounting

    • D. 

      Add the administrative data

  • 21. 
    Who is the final financial individual in te ABSS routing process?
    • A. 

      The contracting official

    • B. 

      The certifying official

    • C. 

      The resource advisor

    • D. 

      The approver

  • 22. 
    What are the steps of processing a document in the ABSS?
    • A. 

      Approver, resource advisor, certifying official

    • B. 

      Resource advisor, approver, certifying official

    • C. 

      Certifying official, approver, resource advisor

    • D. 

      Certifying official, resource advisor, approver

  • 23. 
    Who appoints the certifying official in writing?
    • A. 

      DDO

    • B. 

      DO

    • C. 

      RA

    • D. 

      Comptroller

  • 24. 
    Who is held pecuniary liable for erroneous payments?
    • A. 

      Budget officer

    • B. 

      Certifying official

    • C. 

      Contracting officer

    • D. 

      Resource advisor (RA)

  • 25. 
    What type of codes will allow instant input of financial transactions.
    • A. 

      Input

    • B. 

      Reject

    • C. 

      Override

    • D. 

      Advance

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