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Assignment 3 - 14230_225
Assignment 3-Cont. - 14230_227

Religious Program Specialist 3 & 2, Module 02 Logistic Support and Financial Control
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3-14. Which of the following statements is/are 3-15. 3-16. 3-17. 3-18. 3-19. 3-20. 1. 1. 3. TRUE  concerning  funds: 1. Funds are sums of money or other resources  which  are  established for  a  general  purpose 2. Funds  may  be  resources  other  than money  which  are  established  for specific  purposes 3. Funds are sums of money which are established  for  a  specific  purpose 4. Both 2 and 3 above A  revolving  fund  is  established  to  provide working  capital  for  the  Navy;  trust  funds are  used  in  accordance  with  the  guide- lines specified by an Act of Congress. True 2. False Which  of  the  following  funds  is  used  to finance  the  cost  of  maintaining  and operating   commercial-type   activities? 1. Navy  Stock  Fund 2. Navy  Industrial  Fund Naval  Working  Fund 4. Navy  Management  Fund The  shipment  of  household  goods  is financed  by  which  revolving  fund? 1. Navy  Stock  Fund 2. Navy Industrial Fund 3. Naval  Working  Fund 4. Navy  Management  Fund Necessary  capital  to  finance  the  purchase of  common  supply  items  that  are  required for  the  support  and  operation  of  the entire  Navy  is  provided  by  which  revolving fund? 1. Navy  Stock  Fund 2. Navy  Industrial  Fund 3. Naval  Working  Fund 4. Navy  Management  Fund Which  revolving  fund  is  used  for  the economical  and  efficient  completion  of Navy  operations  that  are  financed  by  two or  more  appropriations? 1. Navy Stock Fund 2. Navy  Industrial  Fund 3. Naval  Working  Fund 4. Navy  Management  Fund What  single  permanent  revolving  fund finances  all  work  that  is  NOT  chargeable to  some  current  naval  appropriation? 1. Navy  Stock  Fund 2. Navy  Industrial  Fund 3. Naval  Working  Fund 4. Navy  Management  Fund 3-21. All  EXCEPT  which  of  the  following  state- ments  are  true  concerning  the  operation of  the  Navy  Stock  Fund(NSF)? 1. Basic capital for the NSF is made available  by  Congress  in  much  the same  manner  as  appropriations 2. Recodkeeping of the charges and credits applied to the NSF for each command  is  the  primary  responsibility of the personnel in the supply depart- ment 3. The NSF exists because it is not practical  for  each  activity  in  the Navy  to  purchase  all  of  its  operating requirements  directly  from  commercial suppliers 4. Supplies may not be sold for cash 3-22. The Navy Stock Account is a holding account and is an integral part of which  revolving  fund? Navy  Stock  Fund 2. Navy  Industrial  Fund 3. Naval  Working  Fund 4. Navy  Management  Fund 3-23. The total value of the Navy Stock Fund consists of money on hand plus the value of  supplies  maintained  in  the  holding account. 1. True 2. False 3-24. The  most  critical  information  to  both the customer and the Navy Stock Fund is contained  in  which  section  of  the DD Form 1348? 1. Document  Identifier 2. Routing  Identifier 3. Stock  Number 4.  Demand  Code 14







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