Finance

Question 1

What are the four major functions in DoD Finance?

Answer 1

Entitlements, Payments, Collections, Control of Public Funds

Question 2

What is the primary organization in DoD with the responsibility for Finance requirements?

Answer 2

The Defense Finance and Accounting Services (DFAS)

Question 3

What is the acronym for disbursing office identification numbers?

Answer 3

Disbursing Station Symbol Numbers (DSSN)

Question 4

What three primary types of officials are accountable individuals in the DoD?

Answer 4

Certifying Officers, Disbursing Officers, Departmental Accountable Officials

Question 5

Debt collection includes collection of debts from what three groups?

Answer 5

Current Employees and Military Members; Former Employees and Military Members; Vendors

Question 6

When in doubt about the proper use of an appropriation, what may the disbursing officer request from the OSD General Counsel on the proprietary of their prospective payment?

Answer 6

An advanced decision

Question 7

To what, along with accountability, does certification equate?

Answer 7

Liability

Question 8

Hello, besides the disbursing officer, is likely to be held accountable for an improper payment?

Answer 8

The certifying officer

Question 9

If a civilian employee receives less than 90% of his or her normal biweekly pay and allowances, what may he or she request?

Answer 9

Special pay

Question 10

When a civilian employee moos from a job overseas to a job in the states, which organization pays for the permanent duty travel?

Answer 10

The losing activity (the OCONUS activity)

Question 11

Name the supporting documents required in the DOD payment package?

Answer 11

Contract, Invoice, Proof of Receipt, Acceptance document

Question 12

Name two key forms that provide accountability and controlled by disbursing officers?

Answer 12

Standard form 1219, Statement of Accountability (Monthly);

DD form 2657, Daily Statement of Accountability

Question 13

Which individuals whole personal and pecuniary liability for their actions in financial transactions?

Answer 13

Certifying Officers, Disbursing Officers, and Departmental Accountable Officials

Question 14

How often does the disbursing officer need to inspect and document office security measures?

Answer 14

Semi-annually

Question 15

What is the normal collection method for debts owed by active military members and civilian employees who are still in service?

Answer 15

Salary Offset

Question 16

When collecting debts owed by vendors that have failed to properly respond to the demand letters, what is the next step?

Answer 16

Hold-up List