RP, Module II, NET 287-02-45-81, Chapter 3, Pages 3-1 through 3-20.
Learning Objective: Define and
identify the various types of
between the Navy accounting
cycle and the normal calendar
year; specify whether the status
of an appropriation is current,
expired, or lapsed.
An appropriation is an authorization to
incur obligations for a specified time
and ends on
1981 starts on 1 October 1981
30 September 1982.
Most appropriations are approved for what
period of time?
In answering questions 3-4 through 3-8, select
the appropriation in column B that is alluded
to in column A.
Often referred to as 1. Annual
a no-year appro-
Is of primary con- 3. Multiple-Year
tern to the RP
A new chapel complex
would probably be
financed by this type
Procurement of missiles
would be financed by
this type of appropriation
Covers the current operating
and maintenance expenses of
Which of the following statements is TRUE
concerning a continuing appropriation?
It is available for incurring
obligations only during the fiscal
year or years specified in the
It is made for incurring obligations
for shipbuilding/conversion projects
It is used for operations which are
financed by two or more appropriations
It is available for incurring obliga-
tions until the purpose for which the
appropriation was made is accomplished
The Religious Program Specialist will
normally work with appropriations of
more than 1 years duration.
An appropriation that is no longer
available for incurring obligations but
is available for disbursements to
liquidate existing obligations is an
T r u e
A current appropriation is available for
incurring obligations and making dis-
bursements during the current fiscal year
and for the next fiscal year.
The undisbursed balance of an appropri-
ation that is no longer available for
disbursement is known as a/an
3. expired appropriation
Learning Objective: Define funds;
differentiate between revolving and
trust funds; identify the various types
of revolving and trust funds which are
used in the Navy and specify their