Assignment 3
Textbook Assignment:
“Financial Management and Logistics.” Pages 4-1 through 4-48.
3-1.
3-2.
3-3.
3-4.
3-5.
Learning Objective:
Outline
procedure that should be followed
by CRP managers in fiscal budgeting.
A statement of the financial position of
an administration for a definite period
of time based on estimates of expen-
ditures during the period, and proposals
for financing them is known as the
1.
referrendum
2.
budget
3.
operating estimate
4.
expense fund
Most Navy allocations are planned for
what total length of time in advance?
1.
12 months
2.
24 months
3.
36 months
4.
48 months
What is the main source of government
revenue?
1.
Natural resources
2.
Investments
3.
Taxation
4.
Grants
O&M,N allocations provide means to
meet which of the following needs?
1.
To buy and maintain equipment
2.
To keep units in a constant state of
readiness
3.
To stock supplies
4.
Each of the above
All EXCEPT which of the following goods
or services would be provided through
logistic support of the Command Religious
Program?
1.
A 0 gift to an orphanage
2.
Candles for chapel services
3.
Literature for religious services
4.
A vehicle for transportation of the
chaplain
3-6.
Budgetary planning is usually projected how
far into the future?
1.
1 month
2.
2 years
3.
5 years
4.
8 years
3-7.
Listing programs in inverse order of need
is known as
1.
listing
2.
budgeting
3.
collating
4.
prioritizing
3-8.
Budget calculation should start with the
amount on hand each year.
1.
True
2.
False
3-9.
Which of the following sources of infor-
mation should be checked when you are
calculating travel costs?
1.
Commend chaplain
2.
Budget director
3.
Executive officer
4.
Travel section of
disbursing office
3-10.
After all programming
the command
has been completed,
which of the following items must accom-
pany the budget as it moves toward
approval?
1.
4th Quarter Audit Report
2.
The command operating schedule
3.
A written justification
4.
An endorsement from a tenant
commander
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