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ASSIGNMENT
4
Textbook Assignment:
"Foreign Currency," chapter 5 and “Public Vouchers, " chapter 6.
4-1.
4-2.
4-3.
4-4.
4-5.
If foreign funds are readily
available, the amount held by a
disbursing officer should not
exceed the requirements for what
number of days?
1.
1
2.
5
3. 3
4.
7
Ships visiting foreign ports for
more than 7 days where foreign
funds are not readily available
should limit the amount of foreign
funds to the requirements for what
number of days?
1. 1
2.
5
3. 3
4.
7
What is the preferred source for
the procurement of foreign funds?
1.
Commercial currency exchanges
2.
Other DOD disbursing officers
3.
Cashiers at a U.S. embassy or
legation
4.
A Military Banking Facility
Regardless of the source of foreign
funds, the disbursing officer
requests a signed certificate
stating all except which of the
following items?
1.
A certification that the
exchange was made at the
prevailing rate
2.
The amount of foreign currency
delivered
3.
The amount of U.S. dollars
received
4.
The exchange rate
When the legal rate of exchange is
not fixed, a disbursing officer
obtaining foreign currency from
commercial sources must obtain how
many bids, if possible?
1. One
2. Two
3.
Three
4.
Four
4-6.
4-7.
4-8.
4-9.
The accepted bid for procurement of
foreign funds from a commercial
source must be witnessed by how
many commissioned officers, other
than the disbursing officer?
1. One
2. Two
3.
Three
4.
Four
When purchasing foreign currency in
a country with a fixed rate of
exchange, the disbursing officer is
not required to obtain a
certificate stating the amounts of
U.S. and foreign currency involved
or the rate of exchange.
1.
True
2.
False
When a change to the official rate
of exchange occurs, the disbursing
officer should, if possible, make
the revaluation of foreign currency
on hand at which of the following
times?
1.
The end of the business day in
which the change occurs
2.
The beginning of the business
day in which the change occurs
3.
Close business and revaluate
upon receipt of the official
notification
4.
Whenever it is most convenient
When a disbursing officer holding
foreign currency that has no fixed
rate procures additional foreign
currency, the disbursing officer
will expend the funds in which of
the following manners?
1.
2.
3.
4.
At the rate of exchange used
for the latest procurement
At the prevailing rate at the
time of expenditure
At a computed average purchase
rate
At the rate of exchange being
used for the funds on hand
before the procurement
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