
FISCAL

Quiz
•
Professional Development
•
1st Grade
•
Easy

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Used 3+ times
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18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 8 pts
Official financial system of HQMC?
GCPC
GCSS-MC
YES
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Three references used for financial management operations in the Marine Corps?
MCO 4400 201 V-17
R KELLY
MCO 4400. 201 TUPAC
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A transaction that represents the amount disbursed to any supplier and pay site combination as the result of a payment batch. This can pay one or more invoices using any form of remittance, including checks, cash, money order, credit cards, and Electronic Funds Transfer.
payment (disbursement)
award
commitment
obligation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A transaction representing a legally binding purchase. When the award or purchase order is approved, it obligates the funds for procurement of goods or services.
award or purchase order (obligation)
Award
commiment
award or commitment order
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A transaction representing an intent to purchase goods and services as indicated by the completion and approval of a requisition.
requisition or request (commitment)
requistion or obligaiton ( award)
obligation
award
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is an anticipated expense, per-validation, or actual receipt for goods. It cannot be canceled. They are only a notification of goods or services being rendered to the buyer by the seller.
Award the receipt
Receive (D6T)
receipt (accural)
obligate them funds
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Activities that represent payments, repayments, or receipts for goods or services provided. Expenditures provide justification for payment to a vendor based on the information provided by the receipt (e.g. quantity, price, partial shipments, etc.)
AP invoice (obligation)
AP Invoice (Expenditure)
AP Inovice (cardi B)
GySgt Mcpeters
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