Term
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Definition
| During the development of the execution plan, the resource advisor/analyst determines the ____, which are necessary for accomplishment of the mission receive highest priority. |
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Term
| - to ensure an equitable distribution of the President Budget (PB) for the next year (budget year) that is consisted with the AF's program objectives |
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Definition
| What is the goal for preparing an execution plan? |
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Term
SAF / FMB
requesting from bottom-up |
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Definition
| The ____ issues the Air Force Call for Execution plans to MAJCOMs and Field Operating Agencies that have responsibility for developing execution plans for their progam. |
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Term
- to ensure uniformity of submissions from all AF activities
Issued to MAJCOMs & Field Operating Agencies (FOAs) that have responsibility for developing execution plans for their program.
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Definition
| What is the purpose of a Call during the execution plan process? |
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Term
BOGEY
Budget Outlays Governing Execution Year
Target / Plan
- estimate of what will eventually be in the appropriation bill passed by Congress
FMA distributes, can not obligate off of Bogey, target only |
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Definition
| The _____is passed from SAF/FMB to the MAJCOMs and FOAs as a lump sum dollar amount for each Budget Activity (BA) code. |
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Term
1. Provides a means for coordinating activities toward a common goal or mission accomplishment
2. Bring financial managers together from various functional areas - they can see the problems facing the organization in the area of budgeting.
3. Provide a blueprint for the future-serves as a guide to execute mission requirements for the next fiscal year |
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Definition
| Give two advantages of preparing an execution plan. |
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Term
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Definition
| What office is the focal point for the financial management and planning activity? |
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Term
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Definition
| Who is responsible for valuating the accuracy of the organizational input before consolidation into the base execution plan? |
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Term
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Definition
| Who monitors the cost center managers during the preparation of their organizational requirements on the execution plans? |
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Term
Cost Center Managers (CCM)
Specialist
- ground level in the building block process of the execution plan development |
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Definition
| What role has the responsibility for regulating the daily use of supplies, equipment, and services in producing requirements? |
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Term
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Definition
| Financial analyst must ____ Call requirements which lay the groundwork and foundation for all the other tasks to be accomplished during execution plan process. |
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Term
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Definition
| A ______ is capable of sustaining close scrutiny by decision makers, is supported, and reflects the true needs of the organization. |
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Term
- all facets of the operational base are funded for mission essential requirements as a minimum
- funding of a program is balanced with other programs related to it. |
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Definition
| What is a balanced program? |
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Term
- identify commander's priorities and concerns for upcoming execution year
- lead off statement to the execution plan where the commander tells how the mission will execute the operational needs within the given funding
- speak to the overarching risks/impact within the wing/command and provide a macro view of the execution strategy |
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Definition
| Describe the commander's statement which is included in the execution plan. |
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Term
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Definition
| Who reviews the consolidated execution plan to ensure it is an accurate reflection of the Wing's plan for the execution year? |
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Term
- Reviews the requirements for approved programs to ensure that estimated costs & justifications are factual
- Evaluates & approves the programs as recommended or identifies necessary changes to these programs |
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Definition
| Describe the responsibilities of the Financial Management Board during the execution plan production. |
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Term
- FMA
Budget Office is the catalyst & focal point for submission
- changes must be completed before submitting the execution plan to MAJCOM |
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Definition
| Who is responsible for making changes or corrections to the execution plan after the Financial Management Board Review process? |
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Term
- Priority of needs
- Mission Essential Requirements
- Mission Support Needs
- Quarterly Phasing
- Categories of Requirements |
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Definition
| Organization's Execution Plan consist of? |
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Term
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Definition
| Who establishes the list of priorities in execution plan? |
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Term
| - ensure an equitable distribution of the President's Budget (PB) for the next fiscal year (budget year) that is consistent with the Air Force's program objectives. |
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Definition
| What is the goal when preparing an execution plan? |
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Term
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Definition
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Term
- represents the plan of action for the current year
- shows how the base plans to accomplish the mission with the current funding received
- should match the distribution received from MAJCOM for the current year
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Definition
| What is current-year data? |
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Term
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Definition
| What is execution plan year? |
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Term
- Unfunded
- portion represents valid requirements in excess of the BOGEY
- this is what will not happen if actual funding levels are not higher than what is anticipated
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Definition
Execution Plan Year data consist of two portions.
What are they and define both? |
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