CDFM Module 2
A AoA is needed for what sort of acquisition applications? - ANS-ACAT 1 and ACAT 1A
A contractors WBS looks as if a business enterprise organisation chart, however it consists
of the _____ and _____ that represent the program rather than the company - ANS-product
and offerings
A lifestyles cycle cost estimate is prepared in ______ year dollars which might be tied to a
specific base economic year - ANS-constant
A MIPR can be used internally as a: - ANS-Direct citation, reimbursable order, undertaking
order, economy act order
A a hit Milestone B selection permits entry into what phase of the Acquisition Life Cycle? -
ANS-Engineering and Manufacturing Development (EMD)
A successful Milestone C selection allows entry into what segment of the Acquisition Life
Cycle? - ANS-Production and Deployment
A running capital fund has an officer (O-4) nicely assigned to the company and that officer is
doing the paintings that could usually be done by way of a GS-thirteen. For managerial fee
accounting functions, is the "fee" of that officer's pay and benefits "charged" on the navy O-4
fee or the civilian GS-thirteen rate? - ANS-Civilian GS-thirteen fee (and the proper MILPER
account is reimbursed for that amount)
ACAT 1 programs have a total expenditure of: - ANS-RDT&E - 365m or Procurement of
greater than 2.19B (in FY2000 regular greenbacks)
ACAT 1A have a total expenditure of: - ANS-Must meet one or greater of the following:
1 - Program value for any single 12 months in extra of 32m
2 - general application costs in excess of 216m
3 - overall lifestyles-cycle prices in excess of 378m
ACAT 1AM and ACAT 1AC are _____ _____ ____ ____. - ANS-Major Automated
Information Systems (MAIS) applications
ACAT 1D and ACAT 1C are ____ ____ _____ _____. - ANS-Major Defense acquisition
packages (MDAP)
Acquisition 1A applications are broken out into what subcategories? - ANS-ACAT 1AM -
MDA on the DoD level
ACAT 1AC - MDA on the issue stage
Acquisition Category 1 (ACAT 1) are damaged down into subcategories? (Designated by
means of USD(AT&L)) - ANS-ACAT 1D (MDA is at DoD stage)
ACAT 1C (MDA is at Component level)
Acquisition packages are labeled into acquisition classes. The types are established to
decide: - ANS-Level of control assessment, choice authority, reporting requirements
Advance Procurement is an exception to what investment coverage? - ANS-Full Funding
Policy
Advance procurement is used for ------------ - ANS-Long lead gadgets
After all resource-related selections have been made by the DEPSECDEF or SECDEF to
decide the Defense part of the President's Budget, the USD(C) posts very last selections into
a database within the proper appropriation account layout. What is the title of that database?
- ANS-Comptroller Information System (CIS)
,After numerous months o settlement performance, a dedication may be made to see if the
time table and price variance can be favorable or unfavorable via appearing a: - ANS-Trend
evaluation
Although Non Appropriated finances aren't appropriated by way of congress they may be
nevertheless taken into consideration __________ budget - ANS-Government
Although there's no apportionment for day to day operations of running capital finances. In
order to get responsibility authority, what wishes to be submitted to OMB for approval? -
ANS-Apportionment and Reapportionment Schedule
Amounts carried on the following contingent liabilities ought to be carried as an outstanding
dedication till obligation is decided - ANS-Outstanding fixed rate contracts
Interest due from authorities
An AoA compares the operational effectiveness, suitability, and life cycle fee analysis of cloth
to fulfill the requirements of the ICD. A sufficient AoA must make certain: - ANS-the
exceptional maximum lower priced opportunity fabric answer is chosen from the alternatives
An monetary analysis is prepared the use of a _____ ______ ____ foundation - ANS-Net
Present Value (NPV)
An economy act order may be located with whom? - ANS-an interest with DoD factor, some
other DoD issue, or with another Federal business enterprise
An economy act order is essentially considered an __________ _______ and would not be
dealt with as if it had been a agreement - ANS-interagency aquisition
An evolutionary acquisition technique provides functionality in __________, spotting the
need for destiny __________ enhancements. - ANS-Increments, functionality
Annual investment policy applies to what varieties of appropriations - ANS-O&M and
MILPERS
As defined by means of US 10 2432, What is the Program Acquisition Unit Cost (PAUC)? -
ANS-The amount located b dividing the whole cost for improvement procurement of, and
device particular army creation for the purchase software through the variety of completely
configured end items
Assume a ordinary distribution, imply = 50, trendy deviation = 10, what percentage of the
information is extra than 40?
Sixty eight%, eighty four%, sixteen%, not possible to inform - ANS-84%
Assume an organization has issued an Economy Act order to every other Federal Agency
for unique services, the stated appropriation has long gone into an expired reputation and
the servicing corporation has neither provided the ordered services nor has entered into a
certified settlement with another entity to provide ordered services. What ought to now be
done with those obligated budget? - ANS-De-obligate
Assume todays date is 1 March 2014 and your organisation is aware of about a new
challenge or requirement in an effort to require its initial funding in FY 2021. What is the first
PPBE associated record wherein you may identify sources for that requirement - ANS-POM
2017 - 2021
Assume your business enterprise overpaid a contractor on a settlement presented with an
appropriation this is now in the cancelled repute, and the contractor has despatched in a
take a look at for that overpayment. What can your company legally do with that refund from
the contractor? - ANS-Credit the refund to the miscellaneous receipts of the USA Treasury
At what factor in the life of an acquisition software have usable end-objects been produced
and a full-size component have been deployed? - ANS-Sustainment
,Based on the whole investment coverage how are annual budgets prepared - ANS-Annual
price range request should cover the full estimated price to supply a given quantity of entire
usable inside the gadgets in a 12 month funded delivery period
Based on the incremental funding coverage how must RDT&E price range request be
finished for each economic yr - ANS-Incremental budgeting policy presents that handiest the
ones finances required for paintings in a given fiscal year ought to be protected within the
budget request for the monetary yr
Because of _______, advantages and expenses that arise in future years are worth less
than those that arise in advance - ANS-inflation
Budgetary implications of lengthy lead items - ANS-Minimum amount budgeted equals
termination legal responsibility of overall price of long lead time being procured
Budgeted quantity generally asked one financial 12 months earlier of associated end object
settlement
Budgeted amount is shown as a separate line access
Calls for a complete range of countrywide actions with the aid of the USA' countrywide
security businesses - ANS-National Security Strategy
Can reimbursable authority make money? - ANS-no, they cannot make money
Concurrent Budget Resolution isn't always a "finances" it's far simply: - ANS-An agreement
among chambers as to the envisioned revenue and mission maximum amount of new
finances to be appropriated
Contingent liabilities on brilliant contracts recommendations for determining real
commitments and/or obligations consist of: - ANS-Commitment amounts want no longer be
recorded at maximum or ceiling charges under the settlement
Commitments must be conservatively expected to cowl duties that could materialize
to decide quantity to be dedicated, allowances ought to be made for feasible downward fee
revisions and quantity under runs
Enough element have to be provided to pass an audit
Cost avoidance quantifiable benefits are: - ANS-a discount or removal of a few destiny aid
requirement
Not an authorised program
Cost saving quantifiable benefits are: - ANS-financial savings consequences inside the
actual reduction of an permitted software if the advantage occurs in the POM duration
An accredited software
Cost Savings, Cost Avoidance, and Productivity are enhancements of what kind of price
benefits? - ANS-Quantifiable Benefits
Costs and blessings of proposed initiatives are adjusted to mirror _______ _______ -
ANS-Present Value
Data could have a ________ or ________ skewed distribution - ANS-effective, bad
DCWF execute what percentage of the whole Defense appropriations on an annual
foundation - ANS-20%
, Defense Acquisition Management Framework affords an occasion primarily based system in
which acquisition programs proceed thru a sequence of ____________ associated with
good sized application phases - ANS-milestones
Defense Business Operations Fund (DBOF) blended existing industrial or business
operations that had been formerly managed personally into one fund. Five running capital
fund agencies were created, they are: - ANS-Army, Navy, Air Force, Defense-huge, Defense
Commissary Agency
Developmental and operational check and assessment applications are prepared on an
incrementally programmed basis for what form of appropriation - ANS-RDT&E
DFARS affords the subsequent standards to be used of EVMS: - ANS-cost/incentive
contracts worth $20m or extra comply with ANSI/EIA-748. Contacts much less than $20m
use is non-compulsory
Contracts worth $50m or greater, compliance with ANSI/EIA-748
Not used on FFP contracts
Documentation helping the economic analysis ought to: - ANS-Define the
want/requirement/objective
present and give an explanation for workload projections
Present overall charges and differential costs/monetary blessings in steady greenbacks over
the lifestyles of the assignment
Present price estimating techniques and relationships and information assets
pick out extensive constraints, assumptions, and variables
address sensitivity and uncertainty of key parameters
address all quantifiable, non-quantifiable, or intangible blessings
DoD sports that are responsible to accomplish a project and justify the needs to congress for
finances aren't always those executing the requirement. They are the ________. A ______
______ ______ ______ enterprise truly gives the carrier. - ANS-Customer, Defense Working
Capital Funded (DWCF)
DoD or army companies may do work for some other agency or business enterprise if: -
ANS-Funding is available
Order is within the exceptional interest of the Government
Agency or unit filling the order can provide or collect the ordered correct or services
Ordered goods or offerings can not be supplied as comfortably or affordably by means of
industrial employer
Dollar quantifiable advantages consist of: - ANS-cost financial savings, fee avoidance,
productivity improvements
A AoA is needed for what sort of acquisition applications? - ANS-ACAT 1 and ACAT 1A
A contractors WBS looks as if a business enterprise organisation chart, however it consists
of the _____ and _____ that represent the program rather than the company - ANS-product
and offerings
A lifestyles cycle cost estimate is prepared in ______ year dollars which might be tied to a
specific base economic year - ANS-constant
A MIPR can be used internally as a: - ANS-Direct citation, reimbursable order, undertaking
order, economy act order
A a hit Milestone B selection permits entry into what phase of the Acquisition Life Cycle? -
ANS-Engineering and Manufacturing Development (EMD)
A successful Milestone C selection allows entry into what segment of the Acquisition Life
Cycle? - ANS-Production and Deployment
A running capital fund has an officer (O-4) nicely assigned to the company and that officer is
doing the paintings that could usually be done by way of a GS-thirteen. For managerial fee
accounting functions, is the "fee" of that officer's pay and benefits "charged" on the navy O-4
fee or the civilian GS-thirteen rate? - ANS-Civilian GS-thirteen fee (and the proper MILPER
account is reimbursed for that amount)
ACAT 1 programs have a total expenditure of: - ANS-RDT&E - 365m or Procurement of
greater than 2.19B (in FY2000 regular greenbacks)
ACAT 1A have a total expenditure of: - ANS-Must meet one or greater of the following:
1 - Program value for any single 12 months in extra of 32m
2 - general application costs in excess of 216m
3 - overall lifestyles-cycle prices in excess of 378m
ACAT 1AM and ACAT 1AC are _____ _____ ____ ____. - ANS-Major Automated
Information Systems (MAIS) applications
ACAT 1D and ACAT 1C are ____ ____ _____ _____. - ANS-Major Defense acquisition
packages (MDAP)
Acquisition 1A applications are broken out into what subcategories? - ANS-ACAT 1AM -
MDA on the DoD level
ACAT 1AC - MDA on the issue stage
Acquisition Category 1 (ACAT 1) are damaged down into subcategories? (Designated by
means of USD(AT&L)) - ANS-ACAT 1D (MDA is at DoD stage)
ACAT 1C (MDA is at Component level)
Acquisition packages are labeled into acquisition classes. The types are established to
decide: - ANS-Level of control assessment, choice authority, reporting requirements
Advance Procurement is an exception to what investment coverage? - ANS-Full Funding
Policy
Advance procurement is used for ------------ - ANS-Long lead gadgets
After all resource-related selections have been made by the DEPSECDEF or SECDEF to
decide the Defense part of the President's Budget, the USD(C) posts very last selections into
a database within the proper appropriation account layout. What is the title of that database?
- ANS-Comptroller Information System (CIS)
,After numerous months o settlement performance, a dedication may be made to see if the
time table and price variance can be favorable or unfavorable via appearing a: - ANS-Trend
evaluation
Although Non Appropriated finances aren't appropriated by way of congress they may be
nevertheless taken into consideration __________ budget - ANS-Government
Although there's no apportionment for day to day operations of running capital finances. In
order to get responsibility authority, what wishes to be submitted to OMB for approval? -
ANS-Apportionment and Reapportionment Schedule
Amounts carried on the following contingent liabilities ought to be carried as an outstanding
dedication till obligation is decided - ANS-Outstanding fixed rate contracts
Interest due from authorities
An AoA compares the operational effectiveness, suitability, and life cycle fee analysis of cloth
to fulfill the requirements of the ICD. A sufficient AoA must make certain: - ANS-the
exceptional maximum lower priced opportunity fabric answer is chosen from the alternatives
An monetary analysis is prepared the use of a _____ ______ ____ foundation - ANS-Net
Present Value (NPV)
An economy act order may be located with whom? - ANS-an interest with DoD factor, some
other DoD issue, or with another Federal business enterprise
An economy act order is essentially considered an __________ _______ and would not be
dealt with as if it had been a agreement - ANS-interagency aquisition
An evolutionary acquisition technique provides functionality in __________, spotting the
need for destiny __________ enhancements. - ANS-Increments, functionality
Annual investment policy applies to what varieties of appropriations - ANS-O&M and
MILPERS
As defined by means of US 10 2432, What is the Program Acquisition Unit Cost (PAUC)? -
ANS-The amount located b dividing the whole cost for improvement procurement of, and
device particular army creation for the purchase software through the variety of completely
configured end items
Assume a ordinary distribution, imply = 50, trendy deviation = 10, what percentage of the
information is extra than 40?
Sixty eight%, eighty four%, sixteen%, not possible to inform - ANS-84%
Assume an organization has issued an Economy Act order to every other Federal Agency
for unique services, the stated appropriation has long gone into an expired reputation and
the servicing corporation has neither provided the ordered services nor has entered into a
certified settlement with another entity to provide ordered services. What ought to now be
done with those obligated budget? - ANS-De-obligate
Assume todays date is 1 March 2014 and your organisation is aware of about a new
challenge or requirement in an effort to require its initial funding in FY 2021. What is the first
PPBE associated record wherein you may identify sources for that requirement - ANS-POM
2017 - 2021
Assume your business enterprise overpaid a contractor on a settlement presented with an
appropriation this is now in the cancelled repute, and the contractor has despatched in a
take a look at for that overpayment. What can your company legally do with that refund from
the contractor? - ANS-Credit the refund to the miscellaneous receipts of the USA Treasury
At what factor in the life of an acquisition software have usable end-objects been produced
and a full-size component have been deployed? - ANS-Sustainment
,Based on the whole investment coverage how are annual budgets prepared - ANS-Annual
price range request should cover the full estimated price to supply a given quantity of entire
usable inside the gadgets in a 12 month funded delivery period
Based on the incremental funding coverage how must RDT&E price range request be
finished for each economic yr - ANS-Incremental budgeting policy presents that handiest the
ones finances required for paintings in a given fiscal year ought to be protected within the
budget request for the monetary yr
Because of _______, advantages and expenses that arise in future years are worth less
than those that arise in advance - ANS-inflation
Budgetary implications of lengthy lead items - ANS-Minimum amount budgeted equals
termination legal responsibility of overall price of long lead time being procured
Budgeted quantity generally asked one financial 12 months earlier of associated end object
settlement
Budgeted amount is shown as a separate line access
Calls for a complete range of countrywide actions with the aid of the USA' countrywide
security businesses - ANS-National Security Strategy
Can reimbursable authority make money? - ANS-no, they cannot make money
Concurrent Budget Resolution isn't always a "finances" it's far simply: - ANS-An agreement
among chambers as to the envisioned revenue and mission maximum amount of new
finances to be appropriated
Contingent liabilities on brilliant contracts recommendations for determining real
commitments and/or obligations consist of: - ANS-Commitment amounts want no longer be
recorded at maximum or ceiling charges under the settlement
Commitments must be conservatively expected to cowl duties that could materialize
to decide quantity to be dedicated, allowances ought to be made for feasible downward fee
revisions and quantity under runs
Enough element have to be provided to pass an audit
Cost avoidance quantifiable benefits are: - ANS-a discount or removal of a few destiny aid
requirement
Not an authorised program
Cost saving quantifiable benefits are: - ANS-financial savings consequences inside the
actual reduction of an permitted software if the advantage occurs in the POM duration
An accredited software
Cost Savings, Cost Avoidance, and Productivity are enhancements of what kind of price
benefits? - ANS-Quantifiable Benefits
Costs and blessings of proposed initiatives are adjusted to mirror _______ _______ -
ANS-Present Value
Data could have a ________ or ________ skewed distribution - ANS-effective, bad
DCWF execute what percentage of the whole Defense appropriations on an annual
foundation - ANS-20%
, Defense Acquisition Management Framework affords an occasion primarily based system in
which acquisition programs proceed thru a sequence of ____________ associated with
good sized application phases - ANS-milestones
Defense Business Operations Fund (DBOF) blended existing industrial or business
operations that had been formerly managed personally into one fund. Five running capital
fund agencies were created, they are: - ANS-Army, Navy, Air Force, Defense-huge, Defense
Commissary Agency
Developmental and operational check and assessment applications are prepared on an
incrementally programmed basis for what form of appropriation - ANS-RDT&E
DFARS affords the subsequent standards to be used of EVMS: - ANS-cost/incentive
contracts worth $20m or extra comply with ANSI/EIA-748. Contacts much less than $20m
use is non-compulsory
Contracts worth $50m or greater, compliance with ANSI/EIA-748
Not used on FFP contracts
Documentation helping the economic analysis ought to: - ANS-Define the
want/requirement/objective
present and give an explanation for workload projections
Present overall charges and differential costs/monetary blessings in steady greenbacks over
the lifestyles of the assignment
Present price estimating techniques and relationships and information assets
pick out extensive constraints, assumptions, and variables
address sensitivity and uncertainty of key parameters
address all quantifiable, non-quantifiable, or intangible blessings
DoD sports that are responsible to accomplish a project and justify the needs to congress for
finances aren't always those executing the requirement. They are the ________. A ______
______ ______ ______ enterprise truly gives the carrier. - ANS-Customer, Defense Working
Capital Funded (DWCF)
DoD or army companies may do work for some other agency or business enterprise if: -
ANS-Funding is available
Order is within the exceptional interest of the Government
Agency or unit filling the order can provide or collect the ordered correct or services
Ordered goods or offerings can not be supplied as comfortably or affordably by means of
industrial employer
Dollar quantifiable advantages consist of: - ANS-cost financial savings, fee avoidance,
productivity improvements
