Sources of funds and income
Budgeting Concepts
Asset accountability and controls
Funds and Procedures
Equipment replacement
100

List the activities that fall under support Cat-C.

What is Revenue generating?

100

What does the effectiveness and profitability of an activity depends upon?

What is proper budgeting procedures?

100

What is IMC?

What is A plan of organization and all of the methods and measures used to safeguard resources; assure accuracy and reliability of information; assure adherence to applicable laws, regulations, and policies; and promote operational economy and efficiency?

100

Where are blank check stock, coupons, tokens, and gift certificates stored?

Where is In a locked room, locked container, or safe?

100

When should a replacement item be programmed into the long-range capital improvement plan? 


What is when its purchased?

200

List the activities that fall under support Cat-A.

What is Mission sustaining?


200

What should your budget be consistent with?

What is all budgets should be consistent with the commander’s vision for the organization as a who?

200

Name the reasons a loss can occur.

What is Simple negligence, gross negligence, joint and severe liability, willful misconduct, and proximate cause?

200

Who approves funds storage limits according to AFI 34–202?

Who is Installation commander?

200

 When does condemnation of an existing item occur? 


What is when an item cannot be repaired or when the estimated cost of repair exceeds the maximum repair allowance for the item?

300

List the activities that fall under support Cat-B.

What is Basic community support?

300

Along with an APF budget, what types of budgets are unique to our career field?

What is NRB, NAF I&E, and NAF cash flow budget?

300

Who has the responsibility of preventing losses from happening?

Who is All AF military and civilian personnel?

300

Who signs a receipt to establish accountability for cash and property transferred to his or her custody?

Who is Individual ?

300

 Justification to replace an item must include how replacing the item will promote efficiency in what areas? 

What is time, money, manpower and productivity?

400

At what level are procurement funds controlled?

What is MAJCOM?


400

What does a well-planned budget identify?

What is Operational and financial requirements and progress towards those requirements?

400

 The activity manager conducts a review and provides a brief written explanation to whom for losses over $50 and up to and including $250? 

Who is RM ?

400

What do activity managers do to keep cash on hand to a minimum?

What is Make a daily deposit to the central cashier or financial institution?

400

 What does the cost of repair to an item include? 

What is Labor, Materials, and expenses?

500

What are the sources of NAFs?

What is AAFES dividends, local fees and charges, membership dues, proceeds from the sale of merchandise and services from Force Support activities, contributions and donations, and income from other sources (including concessionaire-operated activities)?

500

What factors should be considered in setting goals?


• Net earnings objectives. 

• Amount of APF support authorized. 

• Desire for new or revised programs. 

• Desired changes in inventory levels. 

• Desired construction and facility alterations. 

• Need for new equipment or repair of existing equipment. 

• Higher headquarters financial goals where established. 

• Mission changes that will affect base population operations. 

500

Who conducts an informal review for losses up to and including $50? 


Who is activity manager?

500

What AF form does the RM use to maintain change and imprest fund cash accountability at all times?

What is AF Form 2557?

500

What can equipment replacement be based on in addition to its estimated useful life? 


What is