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Understanding Indebtedness Management

A military financial officer reviewing documents related to indebtedness management in an office setting, surrounded by forms and charts, professional and engaged atmosphere.

Understanding Indebtedness Management

Test your knowledge on indebtedness management practices and forms with this comprehensive quiz! Designed for financial officers and anyone involved in military financial management, this quiz covers essential topics related to overpayments and repayment processes.

10 multiple-choice questions
Assess your understanding of key financial forms and policies
Ideal for training and self-assessment

10 Questions2 MinutesCreated by CalculatingSeal321

What management notice is generated to notify the FSO of overpayments?

XT03

XY03

XW03

X103

Which FID is generated once an overpayment is posted to the records?

What form is used to process excess costs of HHG move?

DD Form 138

DD Form 150

DD Form 193

DD Form 139

Which FID is generated for advance payment debts?

What FID is generated for casual and partial payment debts?

Examples of miscellaneous Indebtedness are:

Overpayment of travel costs

Overpayment of travel advances

Damage to dorms and base housing

Tuition Assistance

All of the above

What form is used to process a JUMPS Miscellaneous check from DFAS?

DD 1131-2

DD Form 1131

DD Form 1351-2

Members are allowed at least ---- days to respond to the indebtedness notification

60 days

The FSO may establish a repayment schedule up to ----- months

Minimum monthly collections must be at least

2/3rds of the member's disposable monthly pay

$50

$100

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