FISCAL

Official financial system of HQMC?

• Defense Acquisition Initiatve (DAI)
• GCPC

• GCSS-MC

• YES

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

• NAVMC 2664- USMC Financial Guidebook for commanders UM 4000-125- GCSS-MC User Manual DoD 7000.14-R Vol 1-16 Financial management Regulation
• MCO 4400 201 V-17

• R KELLY

• MCO 4400. 201 TUPAC

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

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

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

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

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

what is the purpose of financial management

• To Let Lcpl Morton purchase a car

• To spend everything we got at servmart

• To Manage legal

   administrative responsibilities 

• To manage Legal and obligations

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

• compton

• Comptroller

• Lopez wake up !!

• Commanding General

Who approves the budget for all battalions ?

• SSgt Ruiz

• Commanding General

• Supply Officer

• Commanding Officer