Fiscal 1 SCMOC

Serves as a quality control mechanism of entity-level internal control activities.

What are two purposes for maintaining course document files?

Step 2 in formulating a budget is:

A plan of financial operations showing in dollars the estimates of funds needed to carry out the assigned mission.

Emergency and extraordinary expense funds are available to extend official courtesies to authorized guest

What documents utilized to fully assess the needs of a unit when formulating the budget for an upcoming fiscal year?

This DAI report contains the data from transactions that will post once it has been received from another feeder system.

Agreements between the Marine Corps and civilian businesses for services over a fiscal year or shortened time period

The three major fiscal limitations are:

What is considered a Financial KSD?

This DAI report is generated from the Oracle reports business area by searching “All commitments”.

Step 1 in formulating a budget is:

What is Level 3 of the funding flow?

Funds that are authorized Morale, Welfare, and Recreation(MWR) programs

DFAS stands for:

Any construction, development, conversion, or extension of any kind carried out with respect to a military installation

This DAI report is designed to provide details of unmatched invoices.

G-Invoicing is used for:

Who ensures proper use of appropriations by purpose, time, and amount to include meeting the criteria of bona-fide need.

The primary MILSTRIP authorized procurement system for the MarineCorps.

These funds are more accurately described as revolving funds

This commercial procurement vessel is the government’s version of your everyday credit card?

Key fund control personnel to complete fiscal law training at least every:

This appropriation provides funds to finance the costs of O&M of each USMC activity

The (4)financial data portions that consist of the POET are:

Created between the United States and host nations to define the rights, immunities, & duties of the force, its members

Federal web based procurement platform authorized for procurement of supplies.

What is the purpose of financial management?

These funds are provided for weapons, ammunition, and other major items required by the operating forces.

What is not considered an Appropriation?

Misc. Payments is used when:

Who maintains all requests for access to automated system(s) used to support purchase requests, requisitioning, etc.

When formulating a budget, what documents would you need to fully assess the needs of a unit for an upcoming FY budget?

The Official Accounting firm for the DoD is: DFAS

Controls visibility to funding and execution data & provide approved routing of documents throughout the DAI system

Individual travel reimbursement for official Marine Corps business

Funding given to Combatant Commanders for unforeseen & emergent contingency that are critical to combined war-fighting

What is not a file maintained under the Posted Files?

Website for online purchases from the General ServicesAdministration

The Comptroller is responsible for the administration of all authorized funds formally granted through a budget.

The GSA procurement platform that is a brick and mortar store located on most major Marine Corps installations

funds for officer and troop training, recruiting, administration operation of the supply system, and maint. of equipment

Step 4 in formulating a budget is:

What is not one of the 3 types of information you will be able to identify from the Financial Data Elements?

What two documents are required to perform financial management functions?

Source Document Files consist of: Pending, Posted, and Completed Files

Supply Officer grant specific individuals the authority sign and receipt for government property and services via:

What is Level 2 of the funding flow?

This DAI report is utilized for internal budget execution within GCSS-MC and to reconcile against.

What is Level 1 of the funding flow?

A fiscal requirement to buy supplies or services within the current FY, that does not constitute fraud, waste and abuse.

Who attests to the correctness of statements, facts, accounts, and amounts appearing on payment vouchers

Comptrollers provide technical guidance and direction of financial matters as a staff service to the CG

What dates cover an entire fiscal year?

This DAI report provide detailed obligating document info including total Qty Ordered, total Qty Billed, and ULO.

Utilized to procure supplies and services from DOD components outside of the DON.

A Supply Resource Manager is appointed by the CO/AO.

Obligation imposed by law or lawful order/regulation of an officer for keeping accurate record of property, doc, & funds

Supply Resource Manager does the following:

What is Level 4 of the funding flow?

Step 3 in formulating a budget is:

What government organization appropriates funds to the Armed Services?

What is the purpose of the Mid-Year Review?

These funds are more accurately described as revolving funds

What are the four (4) components that make up the posted file?

Integrated financial management solution that provides a real-time, web-based system of integrated business processes

This DAI report contains the GPC invoices that are automatically created in DAI as part of the AXOL and AXOL Plus.

Bilateral agreement for the reimbursable mutual exchange of logistics support, supplies, and services.