Results of Module 2 Exam, Part II
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contains 17 Questions
1) Incremental funding policy applies to the appropriation category and states that
.
Research, Development, Test, and Evaluation (RDT&E); DoD is to fund each fiscal year for the
costs expected to be incurred that year.
Procurement; DoD is to fund each fiscal year for procurement costs to be incurred that year.
Procurement; DoD is to fund the total costs incurred to deliver a given quantity of useable end
items.
RDT&E; DoD is to fund the total costs incurred to develop and test a given quantity of useable
end items.
2) Which of the following exceptions to the full funding policy would allow the Government
to budget for buying three years' worth of engines under one contract in order to save
money?
Multiyear Procurement
Advance Procurement
Incremental
Low Rate Initial Production (LRIP)
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, 3) Financial managers use escalation to consider the effects of inflation on an
acquisition program by applying:
Compound and composite indices to program cost estimates
Inflation factors to actual costs incurred by the contractor
Incremental funding policy to Research, Development, Test, and Evaluation (RDT&E)
appropriations requested in the Program Objectives Memorandum (POM)
Full funding policy to defense procurement appropriations requested in the budget
4) The primary unit of data in the Future Years Defense Program (FYDP) and normally
the smallest aggregation of resources controlled by the office of the Secretary of
Defense (OSD) is the .
Program Element
Defense Appropriation Item
Appropriation Line Item
Work Breakdown Structure (WBS) Cost Center
5) The presents the Component's (Service/Agencies) proposal for service
resources within specified constraints to satisfy the Defense Planning Guidance
(DPG).
Program Objectives Memorandum (POM)
Resource Management Decision (RMD)
Budget Estimate Submission (BES)
Budget Estimate Decision (BED)
6) The type of contract decision is based upon which of the following?
Allocation of cost risk between the parties
Recommendation of the Configuration Control Board
Amount of subcontracting anticipated
Government's ability to obligate funds
This study source was downloaded by 100000829878664 from CourseHero.com on 07-25-2023 16:07:51 GMT -05:00
https://www.coursehero.com/file/32688083/ACQ-202-Module-2-Exam-Part-II-100pdf/