PPBE
____ is the financial process that the Department of Defense (DoD) uses for agencies to obtain funding
PPBE
The fiscal year begins on _____ and ends on _____
1 Oct; 30 Sep
The Appropriation Bill needs to pass every year to avoid _____
Continuing Resolution Authority
______ monitors base level spending performance
MAJCOM (AFMC)
The PPBE acronym stands for
Planning
Programming
Budgeting
Execution
The method for funding all the government agencies is called
The Budget Process
Authorization Bill (permission) and Appropriation Bill (funding) are required before the AF can ______
Spend funds on authorized programs
The main Air Force regulation that provides budget guidance is ______
DAFMAN 65-601V1
At which stage is the Air Force budget put into action?
Execution
What are the three stages of the Budget process?
Formulation
Review & Enactment
Execution
The Air Force is limited to prior year obligation rates when _______
When there is a Continuing Resolution Authority
It is ultimately _____'s responsibility to monitor spending
FMA
At which stage does the Office of Secretary of Defense (OSD) review the Program Objective Memorandum (POM) submissions?
Programming
The execution phase of the budget process lasts for
One year (1 Oct - 30 Sep)
The Appropriations Act has to be signed before OMB can ____
Distribute funds
This DoD regulation governs budget policies and procedures
DoD FMR 7000.14-R
The final product of the Budgeting phase is called
The President's budget
Congress reviews the budget and passes both the Authorization and Appropriation Bills in the ______ & _____ phase
Review & Enactment
The President has these three options to enact the budget
Sign
Veto
Do nothing for 10 days and it becomes Public Law
The proper flow of funding from OMB to base level is _____
OMB
DoD
USAF
MAJCOM
Base