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Assignment 3, Continued - 14241_243
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Assignment 3, Continued - 14241_245
3-44. 3-45. 3-46. 3-47. 3-48. The  expense  limitation  holder  is responsible  for  expenditure  of  funds that have been granted. What activity or individual is legally liable for such  expenditure? 1. TYCOM 2. CNO 3. Ship 4. Squadron To be sure there is not any needless waste or abuse of the ship’s money is the  responsibility  of  what  officer? 1.  Supply 2.  Executive 3.  Division 4.  Commanding The  proper  performance  and administration  of  the  financial  budget on board a ship is the responsibility of  what  officer? 1. Supply 2.  Operations 3.  Executive 4.  Administrative AS the leading SK, you should obligate material  in  what  specific  order? 1. 2. 3. 4. Damage  control,  medical/dental, lifesaving,  repair  parts,  stock Medical/dental,  damage  control, lifesaving,  stock,  repair  parts Medical/dental,  damage  control, lifesaving,  repair  parts,  stock Damage  control,  medical/dental, stock,  repair  parts,  lifesaving Material  that  comes  under  phased replacement  usually  has  a  limited  life and should be replaced within what specific  range  of  years? 1. 1 to 2 only 2. 1 to 3 3. 2 to 4 4. 3 to 5 3-49. 3-50. 3-51. 3-52. 3-53. A  shipboard  OPTAR  budget  system places  the  responsibility  for expenditures of funds on what individual? 1. Leading chief 2.  Division  officer 3.  Department  head 4.  Executive  officer The  auditable  operating  budget records  maintained  by  the  TYCOM should show which of the following information? 1. Values for each OPTAR granted 2.  Available  balance  of  the  operating budget 3.  Values  of  transactions  incurred 4. All of the above What is the most important reason for an OPTAR holder to initiate and complete  all  validations  required  by the  TYCOM? 1. To make sure maximum use is made of the OPTAR funds provided 2. To make sure minimum use is made of OPTAR funds provided 3. To make sure financial management data is available to the CNO only 4. To make sure financial management data is available to the U.S. Senate Which  of  the  following  supply documents requires a complete line of accounting  data? 1. Work request 2. Survey request 3. Purchase order 4. Project order What  specific  number  of  component data fields are contained in a complete line of accounting data? 1. 12 2. 9 3. 3 4. 6 20

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