Which volume of the FMR covers Reimbursements (with 11B for WCFs)?

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 volume of the FMR covers Reimbursements (with 11B for WCFs)?

Explanation:
Reimbursements guidance in the DoD FMR is organized by topic across volumes, with the general rules for standard reimbursements found in Volume 11A. When the transactions involve a Working Capital Fund, those WCF-specific reimbursement procedures are contained in Volume 11B, reflecting the distinct funding and billing mechanics of WCF operations. So, for most reimbursement questions you consult Volume 11A, and if the scenario involves a Working Capital Fund, you also turn to Volume 11B for the WCF-specific requirements. The other volumes cover different financial topics and don’t address reimbursements in the same way.

Reimbursements guidance in the DoD FMR is organized by topic across volumes, with the general rules for standard reimbursements found in Volume 11A. When the transactions involve a Working Capital Fund, those WCF-specific reimbursement procedures are contained in Volume 11B, reflecting the distinct funding and billing mechanics of WCF operations. So, for most reimbursement questions you consult Volume 11A, and if the scenario involves a Working Capital Fund, you also turn to Volume 11B for the WCF-specific requirements. The other volumes cover different financial topics and don’t address reimbursements in the same way.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy