Which of the following is NOT an annual appropriation?

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 of the following is NOT an annual appropriation?

Explanation:
When budgeting in defense finances, some appropriations cover just one fiscal year, while others are available over multiple years. Military Construction funds are typically multi-year because construction projects extend over more than one year and require funding to be carried forward to complete them. In contrast, operations and maintenance funds support the year’s activities, military personnel funds pay salaries and benefits for that year, and procurement funds are allocated for equipment purchases within the same fiscal year. So the one that is not an annual appropriation is Military Construction.

When budgeting in defense finances, some appropriations cover just one fiscal year, while others are available over multiple years. Military Construction funds are typically multi-year because construction projects extend over more than one year and require funding to be carried forward to complete them. In contrast, operations and maintenance funds support the year’s activities, military personnel funds pay salaries and benefits for that year, and procurement funds are allocated for equipment purchases within the same fiscal year. So the one that is not an annual appropriation is Military Construction.

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