FORMULATION EXAM: Introduction to Planning and Programming
1) Which cost analysis is focused on reasonable extrapolations from historical experiences
with similar programs and usually result in higher costs?
"Could Cost"
"Fixed Costs"
"Will Cost"
"Should Cost
2) Which of the following represents the financial manager's role during the PPBE
Programming Phase?
Balance and prioritize requirements based on senior leader’s guidance
Build and validate resource requirements
Manage funding for the service’s different programs
Validate and integrate services
3) A Life-Cycle Cost Estimate (LCCE) reflects major program reviews for Milestone A, B,
and C.
True
False
4) Which of the following inputs is used in the PPBE Planning process?
Program Objectives Memorandum (POM)
Life Cycle Costs (LCC)
Quadrennial Defense Review (QDR)
Resource Management Decisions (RMD)
5) Which of the following provide guidance for the development of the Program Objective
Memorandum (POM) of the PPBE Programming Phase?
Program/Budget Reviews
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, Service Guidance
Budget Assessment Review
Budget Adjustment
6) Which of the following is a focus of the PPBE Planning phase?
Current execution
Guidance for programming and budgeting
Fund policies
Pricing
7) Programmatic Guidance is captured in the Program Objective Memorandum (POM).
True
False
8) All of the following are included in an affordability analysis EXCEPT:
Component Cost Estimate (CCE)
All component fiscal obligations under TAO
Program life-cycle constraints
Portfolio fiscal obligations
9) Life Cycle Costs (LCC) and Total Ownership Costs (TOC) differ in several key areas.
Match the description of the key element with its costs type (LCC or TOC).
a) LCC In Logistics, includes depot maintenance and spares, but not delivery costs (FBCF).
b) TOC For Training, includes system-specific training and schoolhouse and accession training.
10) An action taken in the immediate time frame that will decrease costs in the future is
known as:
This study source was downloaded by 100000836551366 from CourseHero.com on 03-08-2022 05:45:54 GMT -06:00
https://www.coursehero.com/file/30218169/FORMULATION-EXAM-iNTRODUCTION-TO-PLANNING-AND-PROGRAMMINGdocx/
1) Which cost analysis is focused on reasonable extrapolations from historical experiences
with similar programs and usually result in higher costs?
"Could Cost"
"Fixed Costs"
"Will Cost"
"Should Cost
2) Which of the following represents the financial manager's role during the PPBE
Programming Phase?
Balance and prioritize requirements based on senior leader’s guidance
Build and validate resource requirements
Manage funding for the service’s different programs
Validate and integrate services
3) A Life-Cycle Cost Estimate (LCCE) reflects major program reviews for Milestone A, B,
and C.
True
False
4) Which of the following inputs is used in the PPBE Planning process?
Program Objectives Memorandum (POM)
Life Cycle Costs (LCC)
Quadrennial Defense Review (QDR)
Resource Management Decisions (RMD)
5) Which of the following provide guidance for the development of the Program Objective
Memorandum (POM) of the PPBE Programming Phase?
Program/Budget Reviews
This study source was downloaded by 100000836551366 from CourseHero.com on 03-08-2022 05:45:54 GMT -06:00
https://www.coursehero.com/file/30218169/FORMULATION-EXAM-iNTRODUCTION-TO-PLANNING-AND-PROGRAMMINGdocx/
, Service Guidance
Budget Assessment Review
Budget Adjustment
6) Which of the following is a focus of the PPBE Planning phase?
Current execution
Guidance for programming and budgeting
Fund policies
Pricing
7) Programmatic Guidance is captured in the Program Objective Memorandum (POM).
True
False
8) All of the following are included in an affordability analysis EXCEPT:
Component Cost Estimate (CCE)
All component fiscal obligations under TAO
Program life-cycle constraints
Portfolio fiscal obligations
9) Life Cycle Costs (LCC) and Total Ownership Costs (TOC) differ in several key areas.
Match the description of the key element with its costs type (LCC or TOC).
a) LCC In Logistics, includes depot maintenance and spares, but not delivery costs (FBCF).
b) TOC For Training, includes system-specific training and schoolhouse and accession training.
10) An action taken in the immediate time frame that will decrease costs in the future is
known as:
This study source was downloaded by 100000836551366 from CourseHero.com on 03-08-2022 05:45:54 GMT -06:00
https://www.coursehero.com/file/30218169/FORMULATION-EXAM-iNTRODUCTION-TO-PLANNING-AND-PROGRAMMINGdocx/
