Development efforts performed by both contractors and government agencies?
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Research, Development, Test and Evaluation
What cost estimating technique would be indicated for the following situation? The
program is early in the Engineering and Manufacturing Development phase. An
estimate is needed quickly to support a "what-if" discussion. A moderate degree of
subjectivity can be accommodated. A good database exists with information on many
similar systems and their performance characteristics.
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, Parametric
Select the term that best fits the following definition: "When the vendor cashes the
expenditure check and money flows from the Treasury to the vendor or supplier."
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* Not Expenditure
* Not Obligation
Select the term that best fits the following definition: "A charge against available
funds, resulting from a voucher, claim, or other document approved by a competent
authority."
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* Not committment
What does reprogramming permit the Department of Defense (DoD) to do with
Budget Authority (BA)?
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* Not Obtain additional BA from Congress to cover insufficient funds
* Not Carry Over BA that are about to expire into the next fiscial year