The department of defense moved funds from the overseas


1. The Department of Defense moved funds from the Overseas Contingency Transfer Account to the Army's Military Personnel appropriation to cover extra costs associated with deploying troops unexpectedly to Afghanistan. This action required: (select one)

A. Congressional notification reprogramming

B. Internal reprogramming

C. Below-threshold reprogramming

D. Congressional prior approval reprogramming

2. Wells Inc. is considering a project that has the following cash flow data. What is the projects payback?

year:            0.           1.       2.         3

cash flow: -$1,000. $500. $500. $500

a. 1.62 years

b. 1.80 years

c. 2.00 years

d. 2.20 years

e. 2.42 years

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Financial Management: The department of defense moved funds from the overseas
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