FISCAL

Official financial system of HQMC?

Three references used for financial management operations in the Marine Corps? 

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.

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.

A transaction representing an intent to purchase goods and services as indicated by the completion and approval of a requisition.

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.

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.)

what is the purpose of financial management

Who reviewes all budgets from the battalions and provides recommendations to the MSC CG

Who approves the budget for all battalions ?