Finance – Block 1 – Flashcards
Unlock all answers in this set
Unlock answersquestion
What is the purpose of the Air Force Enlisted Classification System?
answer
AFI 36-2101 governs the classification of all military personel, enlisted and officer. It develops the classification system identifying required qualifications for every specialty in the Air Force.
question
What letter or number is 6F031 in Career Grouping?
answer
6
question
What letter or number is 6F031 in Career Field?
answer
F
question
What letter or number is 6F031 in Skill Level?
answer
3
question
What letter or number is 6F031 in Specific Expertise?
answer
1
question
What AFSC are you awarded upon completion of basic military training?
answer
6F011
question
What AFSC are you awarded upon completion of tech school?
answer
6F031
question
What is the specialty title for Skill Level 1?
answer
Helper
question
What is the specialty title for Skill Level 3?
answer
Apprentice
question
What is the specialty title for Skill Level 5?
answer
Journeyman
question
What is the specialty title for Skill Level 7?
answer
Crasftsman
question
What is the specialty title for Skill Level 9?
answer
Superintendent
question
What is the specialty title for Skill Level 0?
answer
Chief Enlisted Manager
question
Whats the highest skill level a E1, E2, E3, and E4 can receive?
answer
5 Skill Level
question
What is the highest skill level a E5, E6, and E7 can receive?
answer
7 Skill Level
question
What is the highest skill level a E8 can receive?
answer
9 Skill Level
question
What is the highest skill level a E9 can receive?
answer
0 Skill Level
question
What is the purpose of the Career Field Education and Training Plan (CFETP)
answer
To provide guidance on training that individuals in the AFSC should receive in order to develop and progress throughout their careers
question
What are the benefits on using an Electronic Training Record?
answer
Ease of use, portability, and consistency
question
What do E training records allow you and the supervisor to do?
answer
To document training and schedule a course completion timeline
question
What is a Duty Task List?
answer
A listing that supervisors create that is specific to a duty position
question
The functions in the DoD and its component agencies are performed under the authority, direction, and control of ____?
answer
The Secretary of Defense
question
What is the DoD's function?
answer
To support and defend the constitution
question
Who appoints the SAF/FM?
answer
The President
question
Who approves the SAF/FM?
answer
The Senate
question
Who is the SAF/FM directly responsible to?
answer
The Secretary of the Air Force and has an advisory responsibility to the US Air Force Chief of Staff
question
What does the Comptroller (FM) at a MAJCOM provide?
answer
Financial analysis and services including budget, execution, cost ; economic analysis, pay ; travel services, and liaison with the Defense Finance and Accounting Services (DFAs)
question
The Wing/Base comptroller reports directly to who?
answer
The Wing/Base Commander
question
Who is the DoD accounting firm?
answer
Defense Finance and Accounting Service (DFAs)
question
What does the AF FM Co E provide?
answer
Expert, on-demand, specialized financial analysis for decision support to Air Force installations and MAJCOMs
question
What organization is the primary AF Liaison with DFAs?
answer
Air Force Accounting ; Finance Office (AFAFO)
question
What office is responsible for issuing ethics guidance for all executive branch officials?
answer
The Office of Government Ethics
question
What Covers specific standards of ethical conduct for government employees?
answer
Executive Order 12674 and CFR 2635.101
question
What are the 3 exceptions to the rule of accepting gifts from outside sources?
answer
1.) Gift is less than $20 2.) Gift is based solely on a family relationship or personal friendship 3.) Gift is based on an outside business relationship
question
What is the maximum dollar value of a gift that can be given from a subordinate to their superior?
answer
$10
question
How long is a member barred from representing someone on a matter, if the matter was under his/her official responsibility during the last year of government service?
answer
2 years
question
What series provides Air Force instructions for comptroller and financial management?
answer
65 series
question
Which publication series directs management of financial services, budgeting, and cost and economics?
answer
65 series
question
Who writes and maintains DFAs publications?
answer
Defense Finance and Accounting Service Sites
question
What do the DODFMRs supply?
answer
DOD guidance on financial management
question
What is the goal of the FMKM website?
answer
Provide a one-stop resource with access to a greater depth and breadth of information to assist in your Air Force duties
question
What is known as providing support in the form of advising commanders for FM?
answer
Decision Support
question
Which group is responsible for almost all activities on an installation?
answer
Mission Support Group (MSG)
question
What is the recently combined squadron in the MSG which is a combination of what were the services and mission support squadrons?
answer
Force Support Squadron (FSS)
question
Which squadron administers financial analysis and services?
answer
Comptroller Squadron (CPTS/FM)
question
What is the most important principle of conflict resolution?
answer
Active Listening
question
What makes up 55% of communication?
answer
Body Language
question
What does the Financial Management Distributed Learning Center (FM DLC) provide?
answer
Online, dynamic, interactive financial management training anywhere, anytime, as long as your connected to the internet
question
What is the Under Secretary of Defense Comptroller (USD(C))?
answer
The principal advisor and assistant to the Secretary and Deputy Secretary of Defense for budgetary and fiscal matters (including financial management, accounting policy and systems, budget formulation and execution, and contract audit administration and organization). In addition, the USD(C) is the Chief Financial Officer of the Department of Defense (DoD)
question
What is the Comptroller Management (FMD)?
answer
Oversight to unit training, management of unit authorizations, and management of personnel and additional duties
question
What is Nonappropriated Funds Financial Analysis (FMN)?
answer
Provides independent financial management oversight and analysis of morale, welfare, recreation, and services (MWRS) programs and activities on the base. They also support the installation commander, the comptroller, and force support squadron management
question
What is Quality Assurance (FMQ)?
answer
Develops and maintains a viable quality assurance program for squadron operations. This includes performing quality review inspections, developing internal review checklists, and ensuring squadron internal controls are in place and working
question
What is Local Area Network Support (FMZ)?
answer
Installs, configures, administers, and provides for the maintenance of squadron computer systems and equipment
question
What is Financial Management Analysis Flight (FMA)?
answer
Plans, develops, and presents all budgets and funds requirements for the installation to the major command or other higher headquarters
question
What is Financial Working Group (FWG)?
answer
Compromised of Group Resource Advisors which meet at least once per quarter. The FWG meetings serve as a forum for Financial Management (FM) to provide valuable Resource Management System (RMS) training and to review finance issues and make recommendations such as distribution of funds to the FMB.
question
What is the Financial Management Board (FMB)?
answer
The senior advisory committee. It is compromised of the wing commander, group level commanders for each unit of base, executive officers, and comptrollers.
question
Who are Resource Advisors (RA)?
answer
Act as a budget representative and are strategically placed at units on each base. These individuals are the liaison between their unit and FMA. They provide their commander with decision support for financial matters for their unit.
question
What are the Financial Services Flight (FMF)?
answer
Customer Service
