Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards
share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

POC Block II, Unit 2

NAF Financial Management

QuestionAnswer
What are some examples of NAFs? (2-1) The Morale, Warfare and Recreation (MWR) fund and Army Air Force Exchange Service (AAFES) dividends
What type of funds are appropriated by Congress, Public Law (10 U.S.C. 2783) and budgeted in the FYPD via POM? (2-1) Appropriated Funds (APF)
Describe Funding Category A. (2-3) Activities that generate little revenue and are funded with 100% APF. Includes Libraries, Fitness Operations, Intramurals, Community Centers and Parks.
DescribeFunding Category B. (2-3) Activities that have limited ability to generate revenue and are funded with 50% or more APFs. NOTE: 50% APF is NOT a cap on govt support. It is the LOWEST amount that MUST be provided by the govt.
It is defined as a long term (5-year) capital purchase plan for big ticket items in which managers identify their needs, indicating the cost and the quarter in which they want to purchase items? (2-6) NAF Requirements Budget
Which budget is a way of making sure you can afford and have sufficient cash flow to cover your planned operations? (2-6) Cash Flow Budget
Who is the final approval authority to the Base NAF Council and may or may not actually sit on the council? (2-7) Installation Commander
Name the required voting members of the NAF Council. (2-7) Council chairperson (Wing/CC or CV) Command Chief (WG/CCC) Comptroller (CPTS/CC) FSS Commander or Director (FSS/CC or DD) Two additional members, one of which must be an enlisted person
The NAF accounting year is the same as the APF fiscal year which runs from... (2-8) 1 October to 30 September
The NAF accounting period is how long? (2-8) A calendar month
What is the Accounting Equation? (2-9) ASSETS = LIABILITIES + FUND EQUITY
What are the three primary sections on the Balance Sheet? (2-10/11) Assets, Liabilities and Fund Equity
Created by: POCJan2014