Navy Industrial Fund (NIF)

5. The material is issued to the ship by the 7. The NSF is credited the amount of the re- appropriated supply activity. quisition, thus completing the cycle. 6. The supply activity submits a “Report of Fund Authorization” (NAVCOMPT Form 2074) with a supporting “Financial Detail Card” (NAVSUP Form 1162) to the appropriate FAADC authorizing the FAADC to charge the ship’s OPTAR the amount of the material which was requested. This provides the FAADC with a cross-check mechanism to compare the amount on the ship’s DD Form 1348 with the amount on the NSA’S NAVCOMPT Form 2074 and NAV- SUP 1162. Religious Program Specialists should realize that they play an important role in the proper utilization of the Navy Stock Fund (NSF). The requisition forms which were filled out and ex- plained in Chapter 2 are a vital part of the NSF, The information which is inserted in the data blocks and card columns provides the NSF with pertinent information which aids it in keeping material readily available. Figure II-3-4 shows the DD Form 1348 which was prepared for the four “Candlelighters and Snuffers” in the previous chapter. All of the information on this form is important; however, the most critical in- formation to both the customer and the NSF is contained in card column 44 (DEMAND). This section informs inventory managers at the various stock points which items must be replenished for the next year. As stated previously, the two codes which the RP will use the most often are “R” and “N.” Figure II-34 explains how and under what circumstances these codes are used. Navy Industrial Fund (NIF) The Navy Industrial Fund (NIP) is a revolv- ing fund which is used to finance the cost of 3-6