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ACQ 202 Module 2 Exam, Part II 100%

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Module 2 Exam, Part II Results of Module 2 Exam, Part II (Attempt 1 of 3) Correct=17/17 Cumulative= 100.0 Back to Status page 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) 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 ...............................................continued...........................................

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Module 2 Exam, Part II
Results of Module 2 Exam, Part II
(Attempt 1 of 3) Correct=17/17 Cumulative= 100.0



ere is your test result.The dots represent the choices you have made. he highlighted
questions are the questions you have missed.
emediation Accessed shows whether you accessed those links.'N' represents links not
visited and 'Y' epresents visited links.


Back to Status page
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)




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/

, 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/

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