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
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