ACQ 1010 Questions with Correct Answers (100% Accurate)

Defense Acquisition Objective Correct Answer Provide measurable improvements in mission capabilities for warfighter/ system users Defense Acquisition System Correct Answer Management process by which the DoD provides effective, affordable, and timely systems to the users Acquisition Program Correct Answer a directed, funded effort that provides new, improved, or continuing materiel, weapon or information system or service capability in response to an approval need Defense Acquisition Executive (DAE) Correct Answer The USD(AT&L) who has the responsibility for supervising the Defense Acquisition System. The DAE takes precedence on all acquisition matters after the Secretary and the Deputy Secretary Milestone Decision Authority (MDA) Correct Answer Designated individual with overall responsibility for a program. The MDA shall have the authority to approve entry of an acquisition program into the next phase of the acquisition process and shall be accountable for cost, schedule, and performance reporting to higher authority, including congressional reporting. Program Manager (PM) Correct Answer Designated individual with the responsibility for an authority to accomplish program objectives for development, production, and sustainment to meet the user's operational needs. The PM shall be accountable for credit cost, schedule, and performance reporting to the MDA. DoD Directive 5000.01 Correct Answer Mandatory policies and procedures for managing all acquisition programs DoD Instruction 5000.02 Correct Answer Detailed procedures necessary to implement policies in 5000.01 DODD 5000.01 Important Policy Statement: The primary objective of Defense acquisition is to: Correct Answer acquire quality products that satisfy user needs with measurable improvements to mission capability and operational support, in a timely manner, and at a fair and reasonable price. DODD 5000.01 Important Policy Statement: Long range planning will be based on: Correct Answer best estimates of future fiscal resources.