Understanding Indebtedness Management
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
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?
DQ
SD
QD
DN
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?
VD
DV
DQ
What FID is generated for casual and partial payment debts?
DW
DN
WD
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
30
50
The FSO may establish a repayment schedule up to ----- months
6
12
15
Minimum monthly collections must be at least
2/3rds of the member's disposable monthly pay
$50
$100
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