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5-52.
The largest expenditure from the General
Fund financially supports or covers which
of the following goals or conditions?
1.
Modernization of ship’s facilities
2.
Shortages that occur and are too
large to be equitably absorbed by the
ship
3.
Initial installation of the ship’s
store facility
4.
Procurement of vending machines for
the chip
5-53.
NAVRESSO is the procurement activity
for all vending machines, popcorn
machines, and soft ice cream mechines
aboard chip.
1.
True
2.
False
5-54.
Loans for purchase of vending machines
are made from the General Fund through
NAVRESSO and must be reported according
to NAVRESSO inatructions.
1.
True
2.
False
5-55.
Profits that have been transferred to
the Recreation Fund from the Trust Fund
belonging to the chip are expended as
deemed necessary by what officer?
1.
Recreation officer
2.
Ship’s store officer
3.
Operations officer
4.
Commanding officer
5-56.
Which, if any, of the following persons
makes recommendatione to the commanding
officer on the amount of funds to be
transferred to the Recreation Fund?
1.
Operation officer
2.
Recreation officer
3.
Ship’s store officer
4.
None of the above
5-57.
Reserve monies should be retained in
the ship’s store account for which of
the following purposes?
1.
TO finance laundry operations during
yard periods
2.
To lower losses in profits resulting
from surveys
3.
To offset the effects of markdowns
below cost
4.
To cover all of the above situations
5-58.
When you are projecting the amount of
ship’s store profits you will later
forward to the Recreation Fund, on what
form can you find the amount of Funds
Brought Forward for the prior accounting
period?
1.
Standard Form 1034
2.
DD Form 1149
3.
DD Form 1155
4.
NAVCOMPT Form 153
5-59.
When may interim profits be transferred to
the Recreation Fund?
1.
Monthly only
2.
At the end of each quarter
3.
At the end of the accounting period
4.
At any time when deemed necessary by
the commanding officer
5-60.
Charges are made against ship’s store
profits for which of the following
purposes?
1.
For repayment of loans received from
NAVRESSO
2.
For payment of assessment by the
General Fund
3.
For reimbursement to personnel who
have incurred lees or damage to
apparel as a result of a shipts
service operation
4.
All of the above
5-61 .
Which of the following objective does
an inventory accomplish?
1.
Gives an accurate value of stock on
hand
2.
Reestablishes the responsibility of
chip’s store operators
3.
Provides the basis for transfer of
accountability from one ship’s store
officer to another
4.
All of the above
5-62.
Inventories must be taken before ship’s
store records may be closed out.
1.
True
2.
False
5-63.
Inventory figures provide the opening
entries on which of the following
documents?
1.
Ship’s Store Afloat Financial
Control Record (NAVSUP 235)
2.
Stock Record Cards (NAVSUP 464)
3.
Journal of Receipts (NAVSUP 977)
4.
All of the above
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