What is the budget object class?

What is the budget object class?

Budget Object Class (BOC) Code – The lowest level of object class. BOC codes are required on all spending transactions to classify obligations and expenditures according to the nature of the services or items purchased.

What is object class in finance?

Every obligation recorded by the Department of Defense must be coded with an object class. Such amounts include payments for which obligations have not been previously recorded, along with adjustments for differences between obligations previously recorded and actual payments to liquidate those obligations.

What is an object class in Active Directory?

The Active Directory attribute objectClass represents the classification of user objects in the Active Directory schema hierarchy. Besides the class ‘user’, all higher-ranking classes, from which the user class is derived, are listet here.

What are the two broad classes of Active Directory objects?

The objects fall into two broad categories: resources (e.g., printers) and security principals (user or computer accounts and groups). Security principals are assigned unique security identifiers (SIDs).

What is a class in Active Directory?

An object class is a component of the Active Directory schema that defines the “type” for an object or in other words it defines the set of mandatory and optional attributes an object can have.

What is the purpose of object class codes?

The basic code for object classes contains two digits, a decimal, and a third digit (e.g., object class 11.1). OMB Circular A-11 states the purpose of object codes as: (1) Object classification is used to report obligations for each account according to the nature of the services or articles procured; and

Are any other object codes authorized under 4 fah-1 h-613?

As stated in 4 FAH-1 H-613 , no other object or subobject codes, titles and definitions, except as approved and published in 4 FAH-1, are authorized. This means that: (1) Summary reports are made by certain summary subobject codes for the Department and serviced agencies and OMB object classes as shown in 4 FAH-1 H-610;

What do the basic object codes cover?

They cover all types of obligations, payments, current operating expenses, and capital outlays. The basic object codes are prescribed by the Office of Management and Budget, OMB Circular A-11. b. The basic code for object classes contains two digits, a decimal, and a third digit (e.g., object class 11.1).

What are the object classifications?

The object classifications identify the kinds of services, materials, and other resources for which U.S. Government payments are made. They cover all types of obligations, payments, current operating expenses, and capital outlays. The basic object codes are prescribed by the Office of Management and Budget, OMB Circular A-11.

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