Which FMR volume addresses Reimbursables?

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

Which FMR volume addresses Reimbursables?

Explanation:
Reimbursables are addressed in FMR Volume 11a because that volume concentrates on reimbursable activities and interagency billing. It explains what counts as a reimbursable, how to set up the agreements, the required documentation, and the accounting entries needed to record reimbursements and billings. This focused treatment makes Volume 11a the primary reference for handling reimbursements within the DoD financial system. Other volumes cover different areas of financial management, such as general policies and fund accounting, budget resources and execution, and broader financial management topics, so they do not specifically govern reimbursables to the extent Volume 11a does.

Reimbursables are addressed in FMR Volume 11a because that volume concentrates on reimbursable activities and interagency billing. It explains what counts as a reimbursable, how to set up the agreements, the required documentation, and the accounting entries needed to record reimbursements and billings. This focused treatment makes Volume 11a the primary reference for handling reimbursements within the DoD financial system. Other volumes cover different areas of financial management, such as general policies and fund accounting, budget resources and execution, and broader financial management topics, so they do not specifically govern reimbursables to the extent Volume 11a does.

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