《management企业管理类英文版PPT课件41.pptVIP

* 4930 Industrial FundCost Authority Managed by AFMC Allocated to the ALCs Two different types Depot Maintenance Activity Group (DMAG) Supply Management Activity Group (SMAG) Materiel Support Division (MSD) General Support Division (GSD) Provided to the MAJCOMs MAJCOMs issue to their units Managed by USTRANSCOM AMC Transportation Working Capital Fund (TWCF) Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile . Copyright 2004-2011 Aspose Pty Ltd. * How A Revolving Fund Works DIRECT APPROPRIATION CREATES OBLIGATION AUTHORITY TO PROVIDE PAYMENTS TO: DEPOT OR SUPPLIER—FOR PRODUCTION, MAINTENANCE OR PURCHASE OF: MAINTENANCE OR INVENTORY — AT BASES DEPOTS, WHO ISSUE ITEMS OR PROVIDE SERVICE TO: CUSTOMERS—WHO PAY FOR INVENTORY OR MAINTENANCE WITH OM $, PLUS: SURCHARGES—TO FINANCE PURCHASE OF REPLACEMENT ITEMS COVER OVERHEAD WHICH: Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile . Copyright 2004-2011 Aspose Pty Ltd. * Fiscal rules start with the authority to obligate monies. There are three restrictions that are placed on that obligation authority: purpose, time, amount. * * More than 90% of the violations of fiscal law occur in the area of spending monies for a purpose other than what they were intended. It is easier to understand the purpose of an appropriation when it is enacted for something specific, for example, aircraft procurement – you know what to buy. However, for lump sum appropriations such as Operations Maintenance the purpose may not be as cut and dry. That’s why it is necessary to refer to other sources such as Authorization Acts, Congressional reports, Comp Gen decisions, and agency regulations for further guidance. * In 1954, the Comp Gen proposed a three part test to make it easier to determine whether an expenditure is proper under the Purpose Statute. Part 1, The Necessary Expense Rule: An expenditure is permissible if it is reasonably necessary to accomplish the object of an appropriat