ACQ 1010 Fundamentals of Systems
Acquisition Management Exam
Questions with Correct Answers
What is the purpose of the Engineering and Manufacturing Development (EMD) phase?
- Answer- To develop, build and test a product to verify that all operational and derived
requirements have been met to support production or deployment decision.
In order for the Program Manager to maximize affordability from program initiation
through post-production, the Acquisition Strategy must evolve and become increasingly
more definitive. - Answer- True
In what document does the Program Manager (PM) address the demilitarization and
disposal requirements? - Answer- Product Support Plan (PSS)
The purpose of the Technology Maturation and Risk Reduction (TMRR) phase is to
reduce technology risk through competitive prototype of critical technologies. - Answer-
True
DoD defines and validates requirements through the Joint Capabilities Integration and
Development Systems (JCIDS) and develops technology, produces weapons systems,
and provides logistics support through the Major Capability Acquisition pathway. -
Answer- True
The Material Solution Analysis Phase (MSA) ends when the Analysis of Alternatives
(AoA) has been completed, a material solution option for the capability need is
recommended, and the phase specific entrance criteria for the initial review milestone
have been satisfied. - Answer- True
What decision authorizes entry into the production and deployment phase? - Answer-
Milestone C decision
Which is used to create the Acquisition Program Baseline (APB) - Answer- Defense
Acquisition Management Information Retrieval (DAMIR)
What does the execution phase of financial management occur? - Answer- When
appropriated funds are spent on defense programs.
, Which enactment process activity must be passed by both houses of congress and
signed by the President before any Federal agency can incur obligations or make
expenditures from the U.S. Treasury? - Answer- Appropriations Bill
After the Congress passes the DoD Appropriations Bill and the President signs it, the
Office of Management and Budget (OMB) distributes the Budget Authority to the DoD.
What is the distribution called? - Answer- Apportionment
What is the name of the law that prohibits an obligation in excess of the appropriated
amount permitted by agency regulations? - Answer- Anti-Deficiency Act
When does the execution phase of financial management occur? - Answer- When
appropriated funds are spent on defense programs
Which major appropriations category below is NOT included in the Life cycle Cost
estimate? - Answer- Investment
Select the term that best fits the following definition: "An administrative reservation of
fund by the local comptroller, in anticipation of a future obligation." - Answer-
Commitment
Which of the following appropriations categories fund major projects such as bases,
schools, and maintenance? - Answer- MILCON
What cost estimating technique would be indicated for the following situation? The
program just entered the Technology Maturation and Risk Reduction phase. This
method of cost estimating is quick but subjective and not as precise as other cost
estimating methods. Technical and cost data from similar systems exist. - Answer-
Analogy
Which of the following is goal of life cycle sustainment? - Answer- Ensuring a highly
supportable system
Logisticians and engineers who perform sustainment analyses should have a basic
understanding of operations, system missions and profiles and the system capabilities. -
Answer- True
The product support business model seeks to balance weapon system availability with
the most affordable and predictable total ownership cost. - Answer- True
Which of the following statements satisfy the SMART test? (Select three that apply) -
Answer- Timely: doable within the given timeframe
Attainable: achievable, reasonable, cost-effective and credible under expected
CONOPS
Acquisition Management Exam
Questions with Correct Answers
What is the purpose of the Engineering and Manufacturing Development (EMD) phase?
- Answer- To develop, build and test a product to verify that all operational and derived
requirements have been met to support production or deployment decision.
In order for the Program Manager to maximize affordability from program initiation
through post-production, the Acquisition Strategy must evolve and become increasingly
more definitive. - Answer- True
In what document does the Program Manager (PM) address the demilitarization and
disposal requirements? - Answer- Product Support Plan (PSS)
The purpose of the Technology Maturation and Risk Reduction (TMRR) phase is to
reduce technology risk through competitive prototype of critical technologies. - Answer-
True
DoD defines and validates requirements through the Joint Capabilities Integration and
Development Systems (JCIDS) and develops technology, produces weapons systems,
and provides logistics support through the Major Capability Acquisition pathway. -
Answer- True
The Material Solution Analysis Phase (MSA) ends when the Analysis of Alternatives
(AoA) has been completed, a material solution option for the capability need is
recommended, and the phase specific entrance criteria for the initial review milestone
have been satisfied. - Answer- True
What decision authorizes entry into the production and deployment phase? - Answer-
Milestone C decision
Which is used to create the Acquisition Program Baseline (APB) - Answer- Defense
Acquisition Management Information Retrieval (DAMIR)
What does the execution phase of financial management occur? - Answer- When
appropriated funds are spent on defense programs.
, Which enactment process activity must be passed by both houses of congress and
signed by the President before any Federal agency can incur obligations or make
expenditures from the U.S. Treasury? - Answer- Appropriations Bill
After the Congress passes the DoD Appropriations Bill and the President signs it, the
Office of Management and Budget (OMB) distributes the Budget Authority to the DoD.
What is the distribution called? - Answer- Apportionment
What is the name of the law that prohibits an obligation in excess of the appropriated
amount permitted by agency regulations? - Answer- Anti-Deficiency Act
When does the execution phase of financial management occur? - Answer- When
appropriated funds are spent on defense programs
Which major appropriations category below is NOT included in the Life cycle Cost
estimate? - Answer- Investment
Select the term that best fits the following definition: "An administrative reservation of
fund by the local comptroller, in anticipation of a future obligation." - Answer-
Commitment
Which of the following appropriations categories fund major projects such as bases,
schools, and maintenance? - Answer- MILCON
What cost estimating technique would be indicated for the following situation? The
program just entered the Technology Maturation and Risk Reduction phase. This
method of cost estimating is quick but subjective and not as precise as other cost
estimating methods. Technical and cost data from similar systems exist. - Answer-
Analogy
Which of the following is goal of life cycle sustainment? - Answer- Ensuring a highly
supportable system
Logisticians and engineers who perform sustainment analyses should have a basic
understanding of operations, system missions and profiles and the system capabilities. -
Answer- True
The product support business model seeks to balance weapon system availability with
the most affordable and predictable total ownership cost. - Answer- True
Which of the following statements satisfy the SMART test? (Select three that apply) -
Answer- Timely: doable within the given timeframe
Attainable: achievable, reasonable, cost-effective and credible under expected
CONOPS
