To obligate or not to obligate
Are you really committed?
Know which "IPR"
What is a benchmark?
Appropriations
100

True or False

A funding document accepted by NSMA is a valid obligation?

False

100

A funding document to NSMA that is signed by the NCWDG Comptroller 

What is a commitment?

100

True or False:

Is it possible to "mipr" funds to the Naval Post Graduate School (NPS)

False-

a.  Improper use of term "mipr" when pertaining to the movement of funds, and

b.  A "MIPR" is a Military "inter" departmental (outside Navy) transaction

100

Midyear obligation rate for current year RDT&E,N

What is 45%

100

This appropriation accounts finance research, development, test and evaluation efforts performed by contractors and government installations to develop equipment, material, or computer application software; its T&E, and its Initial Operational T&E.

What is the RDT&E appropriation

200

All in the spelling:

_ x _ e n d _ t _ r _

e x p e n What is gross income?

200
A plan for spending and saving money during a particular period
What is budget?
200
The easiest type of expenses to adjust.
What are flexible/variable expenses?
200
The best way to reduce your credit card debt.
What is pay more than the minimum payment required?
200
This is the best way to protect your credit rating.
What is pay your bills on time?
300
This should be performed monthly to ensure proper record keeping and help protect against identity theft.
What is a bank reconciliation?
300
The term used to describe the things you spend your money on.
What are expenses?
300
Using these reduce your grocery bill, which is one way to help lower your monthly flexible/variable expenses.
What are coupons?
300
When possible, it is better to buy a home rather then rent because purchasing real estate is considered an investment. As you pay off your mortgage you build this.
What is equity?
300
When paying of debt owed to more than one creditor, the best plan is to begin by paying extra money each month to the creditor with this.
What is the smallest amount owed with the highest interest rate?
400
When prices increase as time goes by
What is inflation?
400
One of two types of expenses.
What are fixed or flexible (variable) expenses?
400
Examples of this type of expense include groceries, wireless telephone, electric, heating oil/gas, and gasoline.
What flexible/variable expenses?
400
Preferably, the only types of purchases that should be financed are these.
What are large purchases (such as a house or car)?
400
The best time to begin saving for retirement.
What is As Soon As Possible?
500
Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
What is compound interest?
500
Every spending plan should be this.
What is realistic?
500
One of the ways (relating to time) that expenses occur.
What is monthly, annually, quarterly, periodically, etc..?
500
Calculate this by taking the total amount of money and assets you have and subtracting the total amount of money you owe.
What is your Net Worth?
500
This represents the amount of money left over after all bills have been paid.
What is descretionary income?
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