Term
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Definition
| Distribution of funds appropriated by Congress |
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Term
| OMB provides funds to DoD for obligation. (T/F) |
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Definition
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Term
| Funds within DoD are allocated by the USD Comptroller to counterparts in the Services and Defense agencies |
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Definition
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Term
| What is the process of apportionment (hi to low) |
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Definition
Congress
OMB
OSD Comptroller
Service Comptroller
MAJCOM/PEO Comptroller
PMO |
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Term
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Definition
| An Administrative reservation of funds |
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Term
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Definition
| a legal reservation of funds |
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Term
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Definition
| when a government check is issued |
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Term
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Definition
| When cash leaves the US Treasury |
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Term
| Which 3 constraints impact the availability of funds for a particular obligation? |
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Definition
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Term
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Definition
| Appropriations shall be applied only for the goods or services or programs for which the appropriations were made except as otherwise authorized by law. Using of funds for some purpose other that which they were intended. |
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Term
| What appropriations have an annual duration? |
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Definition
O&M
Military Personnel
Family Housing |
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Term
| What is the duration of RDT&E appropriations |
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Definition
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Term
| What is the duration of Procurement appropriations |
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Definition
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Term
| What is the duration of Construction appropriations |
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Definition
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Term
| What is the duration of Shipbuilding appropriations |
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Definition
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Term
| What is the duration of Revolving funds appropriations |
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Definition
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Term
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Definition
| Current Obligation + Expired Accounts (5yrs), then closed |
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Term
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Definition
Procurement & MILCON Appropriations
Funds are available at contract award to cover the best total estimated cost to deliver the contract quantity of complete, militarily useable items
12 month funded delivery period starting with first delivery
Prohibits piecemeal procurement
Helps stability |
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Term
| Explain Advance Procurement as an exception to full funding |
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Definition
One Year Ahead/Long Lead-time Items
To maintain planned production schedule
Lead-time of component greater than life of the appropriation
Lead-time of component significantly longer than remainder of end item
Considerations
Termination Liability Funding |
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Term
| Explain Multi-Year as an exception to full funding |
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Definition
When the Government contracts for the purchase of supplies or services that satisfy requirements for more than one but normally not more than five years.
Contracted deliveries will exceed the 12 month funded delivery period
Economic Order Quantities |
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Term
| What is incremental funding? |
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Definition
The phasing of total funding of programs over 2 or more FYs based upon levels & timing of obligational requirements for the funds
Differs from full funding, where funding covers the total estimated obligations for a program or project in the initial year of funding |
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Term
| When is incremental funding most commonly used? |
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Definition
RDT&E Appropriations
Used when funding will cover only a portion of the obligations to be incurred in completing the program |
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Term
| What violations may trigger the Anti-deficiency Act? |
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Definition
An obligation in excess of the amount appropriated or in excess of permitted by agency regulations
A contract or obligation to pay money in advance of appropriations
of the act |
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Term
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Definition
| Requires appropriated funds to be used only for goods or services in the year of the appropriations obligation period |
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Term
| Below Threshold Reprogramming |
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Definition
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