CDFM Module 2 Exam Questions and
Answers Verified Solutions Latest Update
2026/2027
Question:
What acquisition process category(s) has an independent cost estimate performed (by CAPE, in
OSD) and prepared to check the accuracy and objectivity of the estimate?
Answer:
ACAT 1 & ID
Question:
PPBE Planning Phase provides information to who?
Answer:
SECDEF
Question:
What are the 3 Quantifiable Benefits?
Answer:
(1) Cost Savings
(2) Cost Avoidance
(3) Productivity Improvement
Question:
Who/Where are Integrated Priority Lists submitted to?
Answer:
(1) SECDEF
(2) Chairmain of Joint Chiefs of Staff and
(3) Military Department
,Question:
Chairman of the Joint Chiefs of Staff is the principal military advisor to?
Answer:
(1) The President
(2) The national Security Council and
(3) The SECDEF
Question:
What are the 8 steps to the Economic Analysis?
Answer:
Objective, assumptions, constrains, alternatives, cost & benefits, compare alternatives risk analysis,
report results
Question:
What is the Percentage Changes Formula?
Answer:
(New#)-(Old#) divided by (Old#) x100
Question:
What is the Unit Cost Calculation?
Answer:
(Unit #) x (Learning Curve %)
Question:
Correlation Coefficient ranges from _____________?
Answer:
0 to 1
0 = no correlation, 1= perfect correlation
,Question:
The QDR (strategic plan) is published by ___________?
Answer:
SECDEF
Question:
What process sets realistic but aggressive cost objectives early in acquisition program, performs
cost performance analyses before operational requirements are finalized, and empowers the user to
make effective choices by establishing trade-offs up front?
Answer:
Cost as an independent Variable (CAIV)
Question:
__________ is when funds are shifted within the same appropriation (O&M to O&M). No statutory
(Congress) authority required but Congress sets a maximum limit.
Answer:
Reprogramming
Question:
Which Quantifiable Benefit is a reduction or elimination of some future resource requirement and
has not been included in an approved program, budgeted for, and not yet in the POM?
Answer:
Cost Avoidance
Question:
What is the Coefficient of Variation looking for? The Higher or Smaller value?
Answer:
Smaller Value
, Question:
What is the Coefficient of Determination look for? Higher or Smaller Value?
Answer:
Higher Value
Question:
The goal of the __________ is to improve federal program effectiveness and public accountability,
it is a strategic plan (QDR) which must contain outcome related goals and objectives. Goals should
be objective, quantifiable and measurable (what are we going to get as a result).
Answer:
Government Performance & Results Act (GPRA)
Question:
What is the Learning Curve Calculation?
Answer:
(Small #) divided by (Large #)
Question:
What are the Descriptive Statistics; Measures of Dispersion; Standard Deviation; Normal
Distribution?
Answer:
(A) +/-1=68% of population
(B) +/-2= 95.5% of population
(C) +/-3 = 99.7% of population
Question:
What is the Break Even Calculation?
Answer:
Answers Verified Solutions Latest Update
2026/2027
Question:
What acquisition process category(s) has an independent cost estimate performed (by CAPE, in
OSD) and prepared to check the accuracy and objectivity of the estimate?
Answer:
ACAT 1 & ID
Question:
PPBE Planning Phase provides information to who?
Answer:
SECDEF
Question:
What are the 3 Quantifiable Benefits?
Answer:
(1) Cost Savings
(2) Cost Avoidance
(3) Productivity Improvement
Question:
Who/Where are Integrated Priority Lists submitted to?
Answer:
(1) SECDEF
(2) Chairmain of Joint Chiefs of Staff and
(3) Military Department
,Question:
Chairman of the Joint Chiefs of Staff is the principal military advisor to?
Answer:
(1) The President
(2) The national Security Council and
(3) The SECDEF
Question:
What are the 8 steps to the Economic Analysis?
Answer:
Objective, assumptions, constrains, alternatives, cost & benefits, compare alternatives risk analysis,
report results
Question:
What is the Percentage Changes Formula?
Answer:
(New#)-(Old#) divided by (Old#) x100
Question:
What is the Unit Cost Calculation?
Answer:
(Unit #) x (Learning Curve %)
Question:
Correlation Coefficient ranges from _____________?
Answer:
0 to 1
0 = no correlation, 1= perfect correlation
,Question:
The QDR (strategic plan) is published by ___________?
Answer:
SECDEF
Question:
What process sets realistic but aggressive cost objectives early in acquisition program, performs
cost performance analyses before operational requirements are finalized, and empowers the user to
make effective choices by establishing trade-offs up front?
Answer:
Cost as an independent Variable (CAIV)
Question:
__________ is when funds are shifted within the same appropriation (O&M to O&M). No statutory
(Congress) authority required but Congress sets a maximum limit.
Answer:
Reprogramming
Question:
Which Quantifiable Benefit is a reduction or elimination of some future resource requirement and
has not been included in an approved program, budgeted for, and not yet in the POM?
Answer:
Cost Avoidance
Question:
What is the Coefficient of Variation looking for? The Higher or Smaller value?
Answer:
Smaller Value
, Question:
What is the Coefficient of Determination look for? Higher or Smaller Value?
Answer:
Higher Value
Question:
The goal of the __________ is to improve federal program effectiveness and public accountability,
it is a strategic plan (QDR) which must contain outcome related goals and objectives. Goals should
be objective, quantifiable and measurable (what are we going to get as a result).
Answer:
Government Performance & Results Act (GPRA)
Question:
What is the Learning Curve Calculation?
Answer:
(Small #) divided by (Large #)
Question:
What are the Descriptive Statistics; Measures of Dispersion; Standard Deviation; Normal
Distribution?
Answer:
(A) +/-1=68% of population
(B) +/-2= 95.5% of population
(C) +/-3 = 99.7% of population
Question:
What is the Break Even Calculation?
Answer:
