Chapter 8 Word Scramble
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| Question | Answer |
| What is an account of how much money has been spent, how much is obligated, and how much is available under each appropriation or subdivision? | Appropriation Accounting |
| What is an account through with the Navy can accumulate all costs according to activity or unit, purpose, and type of expenditure? | Cost Accounting |
| What is an account through used to maintain records of material and supplies on hand? | Inventory (Stores) Accounting |
| What is an account used to maintain records of all Navy owned or Navy-controlled real property and equipment of a capital nature ashore? | Plant Property Accounting |
| What is an account used to maintain records of payments to civilian and military personnel of the Navy? | Payroll Accounting |
| The Navy expends money from one of what 2 major classification? | Appropriations of Funds |
| What is an authorization by an Act of Congress to incur obligations for a specified time and purpose and to make payments out of the Treasury? | Appropriation |
| The accounting period of the Navy is the what? | Fiscal year |
| How many types of appropriations may be used in the Navy, depending upon the purpose for which they are issued? | 3 |
| What generally cover the current operating and maintenance expenses of the Navy? | Annual Appropriations |
| What occurs when an order is placed by an afloat unit or material is issued to an ashore activity, or similar transacctions during a given period that requires future payments? | Obligation |
| What is an appropriation that is avaliable for incurring obligations during the current fiscal year? | current Appropriation |
| What is an appropriation that is no longer avaliable for incurring obligations? | Expired Appropriation |
| What is the undisbursed balance of an appropriation and is no longer avaliable for disbursement by the department? | Lapsed appropriation |
| What consist of a seven digit number identifying the government agency responsible for administering the appropriation, the fiscal year, and the specific appropriation? | Appropriation symbol |
| Who has fiscal responsibility for the appropriation, the fiscal year, and the specific appropriation? | appropriation symbol |
| Who has fiscal responsibility for the appropriation 1751804 for operation and maintenance of Navy forces? | CNO |
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