ACQ 1010 MODULE 1 Questions with 100% Correct Answers

A system can be defined as Correct Answer all elements needed to assist the DoD to conduct its mission of deterring or winning the war Which of the following a key characteristic of Program Level Integrated Project Teams? Correct Answer They focus on program execution Select the Department of Defense decision-support system described as "This is the process by which the DoD identifies, assesses, and prioritizes the capabilities the military requires to fulfill its mission and its referred to as the requirements generation process." Correct Answer JCIDS A system estimated to have Research, Development, Test and Evaluation (RDT&E) costs of $200M (FY 2020) is what category of program? Correct Answer ACAT II DoDI 5000.02 specifies the characteristics for acquisition categories Correct Answer True Which of the following institutions designs, produces, supports and upgrades defense systems? Correct Answer Industry Programs that estimate expenditure in any single year between $20M and $40M in FY 2014 constant year dollars are designated ACAT II Correct Answer False Who controls the budget and the release of funds and reports directly to the Secretary of Defense? Correct Answer USD Comptroller IN order to be successful in acquisition management, which of the PERFORMANCE risk factors need to be adressed Correct Answer use of new material or processes The FAR is one of the three Government regulations that govern acquisitions and only applies to the DoD Correct Answer False