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Page Title: Assignment 1: 1 -10
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ASSIGNMENT   1 Textbook  Assignment: “Financial  Accountability,"  chapter  1. 1-1. 1-2. 1-3. 1-4. 1-5. Which of the following is NOT required for a Disbursing Clerk (DK) assigned to an accountable position? 1. Complete  awareness  of  the responsibilities  of  the accountable position 2. The  highest  degree  of  personal integrity 3. A security clearance of SECRET or  higher 4. Constant awareness of security Which  of  the  following  activities has been assigned the. responsibility  of  maintaining  the central  record  of  all  accountable positions involved with Navy public funds? 1. DFAS-HQ 2. DFAS-CL 3. General  Accounting  Office 4. Department of the Treasury Which of the followinq persons may NOT 1. 2. 3. 4. serve  as  a  disbursing  officer? A DKCM approved by DFAS-CL A GS-10 who is a non-resident alien An ensign in the Supply Corps A GS-7 who is a U.S. citizen Disbursing officers are held ONLY pecuniarily accountable for their disbursing acts and have no personal  accountability  for  the legal  expenditure  of  funds  placed under  their  control. 1. True 2. False For  what  reason  are  accountable positions   limited? 1. To  facilitate  identification  of each  accountable  position 2. To reduce the cost to the Navy of  surety  bonds 3. To remain within OPNAV-assigned manning levels 4. To  fix  responsibility  upon  one individual 1-6. Which of the following additional duties would be prohibited for assignment  to  a  disbursing  officer? 1. Assistant supply officer 2. Treasurer  of  the  officer’s  mess 3. Ship’s store officer 4. Maintaining safekeeping deposits 1-7. Which  of  the  following  authorities has final approval of the establishment of the position of a deputy disbursing officer? 1. DFAS-CL 2. Disbursing officer 3. Commanding officer 4. DAO, Norfolk or San Diego 1-8. Which  of  the  following  officers  is responsible  for  the  appointment  of a  collection  agent? 1.   Commanding Officer 2 . Supply  officer 3.   Officer responsible for 4.   collection of the designated   funds 1-9. A paying agent is under the exclusive  supervision  of  which  of the  following  officers? 1. Commnanding  officer 2. Disbursing officer 3. Appointing officer 4. The paying agent’s division officer 1-10. Which of the following statements is  NOT  true  concerning  the  handling of  postage  stamps  and/or  postal funds? 1. 2. 3. 4. The disbursing officer may maintain custody of postage stamps and postal funds in excess of the amount authorized to be maintained by the custodian  of  postal  effects Excess  stamps  and  postal  funds are handled as safe-keeping deposits Stamps are issued to the custodian of postal effects on PS  Form  6019-MPO Excess postal funds may be intermingled  with  other  monies 1

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