What does not occur during end of year close out?

• A. The RA develops the spend plan
• B. Notify AFMOA immediately is a surplus or deficit in funds develops
• C. Monitor TDY travel and assist the ALO in liquidating all travel obligations
• D. Complete any other close out instructions or orders given by the financial analysis office

Answer: (A)

At year-end closeout, the focus is on wrapping up current-year obligations, reconciling funds, and following any final instructions from the financial analysis office. This includes monitoring TDY travel and helping liquidate all travel obligations to prevent lingering liabilities, and promptly notifying the appropriate authorities if there’s a surplus or deficit so funds can be handled properly. It also involves carrying out any closeout instructions or orders that the financial analysis office issues to ensure clean, compliant financial books for the year.

The spend plan, however, is typically developed as part of the annual budget planning process, outlining how funds will be allocated in the upcoming period. It’s not a task performed during the end-of-year closeout because closeout is about finishing and reconciling the current year’s financial activity, not planning future expenditures. Therefore, the development of the spend plan does not occur during end-of-year closeout.