Question

Name 4 document other than collection and disbursement vouchers that make-up the financial returns.

a) DD Form 2657
b) Monthly Statement of Accountability (SF 1219)
c) DD Form 1179
d) DD Form 1149

Answer 1

Financial returns are composed of various documents that record and report transactions, including DD Form 2657, Monthly Statement of Accountability (SF 1219), DD Form 1173, and DD Form 1149. These support tax forms like the 1040 form and serve for financial accountability and policy implementation.

Step-by-step explanation:

The financial returns of an organization include several key documents that record transactions and maintain accountability. Apart from collection and disbursement vouchers, these documents may comprise:

• DD Form 2657, which is used to document daily transactions of a finance office.
• Monthly Statement of Accountability (SF 1219), which is a summary of an agency's financial status and activity for the month.
• DD Form 1173, which is the Uniformed Services Identification and Privilege Card, and is not directly related to financial returns.
• DD Form 1149, which is a requisition and invoice/shipping document used for shipping and billing purposes.

These documents, in conjunction with tax forms such as the 1040 tax form, help maintain a comprehensive financial record that is crucial for both household and firm finances as well as for government's fiscal policies. Changes in the U.S. tax code reflected in the 1040 form can have an impact on the economy at both the macro and micro levels.