Which of the following statements is true of Below Threshold Reprogramming? - Correct
Answer-Allows limited transfer of Budget Authority among programs within an
appropriation category, but it is subject to to certain rules and limitations.
Which major appropriations category below is NOT included in the Life Cycle Cost
Estimate? - Correct Answer-* Not Military Construction
Select the term that best fits the following definition: "The legal reservation of funds to
make a future payment of money." - Correct Answer-Obligation
Which of the following appropriations categories fund major projects such as bases,
schools, and maintenance facilities? - Correct Answer-* Not Operations and
Maintenance
Select the term that best fits the following definition: "An administrative reservation of
funds by the local comptroller, in anticipation of a future obligation." - Correct Answer-*
Not Budget Authority
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. - Correct
Answer-Analogy
What is the purpose of a Life Cycle Cost Estimate (LCCE)? - Correct Answer-Acquire
Funding for a system throughout its lifespan.
Below Threshold Reprogramming for procurement is limited to the lesser of $20 million
or 20%, into or out of a program. Thresholds vary by appropriations category. - Correct
Answer-False
Which of the following appropriations categories fund the Research and Development
efforts performed by both contractors and government agencies? - Correct Answer-
Research, Development, Test and Evaluation