What is the name of the form used as authority to make government payments?

Prepare for the Certified Defense Financial Manager Exam 1. Study with flashcards and multiple choice questions. Each question includes hints and explanations to boost your knowledge. Ace your exam with confidence!

Multiple Choice

What is the name of the form used as authority to make government payments?

Explanation:
The Disbursement Voucher is the form used to authorize government payments. It records who is being paid, the amount, the purpose of the disbursement, and the accounting details (fund, appropriation, and object/class). When this voucher is approved, it creates the official authorization to issue the payment and establishes the audit trail that ties the disbursement to the correct appropriation and financial records, whether by check or electronic funds transfer. Other forms may appear in related steps, but the disbursement voucher is the formal instrument that authorizes and documents the payment.

The Disbursement Voucher is the form used to authorize government payments. It records who is being paid, the amount, the purpose of the disbursement, and the accounting details (fund, appropriation, and object/class). When this voucher is approved, it creates the official authorization to issue the payment and establishes the audit trail that ties the disbursement to the correct appropriation and financial records, whether by check or electronic funds transfer. Other forms may appear in related steps, but the disbursement voucher is the formal instrument that authorizes and documents the payment.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy