CDFM Module 2 |486 questions with verified answers
A AoA is required for what type of acquisition programs? Ans✓✓✓ ACAT 1 and
ACAT 1A
A contractors WBS looks like a company organization chart, however it includes
the _____ and _____ that constitute the program rather than the organization
Ans✓✓✓ product and services
A life cycle cost estimate is prepared in ______ year dollars which are tied to a
specific base fiscal year Ans✓✓✓ constant
A MIPR can be used internally as a: Ans✓✓✓ Direct citation, reimbursable order,
project order, economy act order
A successful Milestone B decision allows entry into what phase of the Acquisition
Life Cycle? Ans✓✓✓ Engineering and Manufacturing Development (EMD)
A successful Milestone C decision allows entry into what phase of the Acquisition
Life Cycle? Ans✓✓✓ Production and Deployment
A working capital fund has an officer (O-4) properly assigned to the organization
and that officer is doing the work that would normally be performed by a GS-13.
For managerial cost accounting purposes, is the "cost" of that officer's pay and
benefits "charged" at the military O-4 rate or the civilian GS-13 rate? Ans✓✓✓
Civilian GS-13 rate (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 constant dollars)
ACAT 1A have a total expenditure of: Ans✓✓✓ Must meet one or more of the
following:
1 - Program cost for any single year in excess of 32m
2 - total program costs in excess of 216m
3 - total life-cycle costs in excess of 378m
ACAT 1AM and ACAT 1AC are _____ _____ ____ ____. Ans✓✓✓ Major
Automated Information Systems (MAIS) programs
ACAT 1D and ACAT 1C are ____ ____ _____ _____. Ans✓✓✓ Major Defense
acquisition programs (MDAP)
Acquisition 1A programs are broken out into what two subcategories? Ans✓✓✓
ACAT 1AM - MDA at the DoD level
ACAT 1AC - MDA at the component level
Acquisition Category 1 (ACAT 1) are broken down into two subcategories?
(Designated by USD(AT&L)) Ans✓✓✓ ACAT 1D (MDA is at DoD level)
ACAT 1C (MDA is at Component level)
Acquisition programs are categorized into acquisition categories. the categories
are established to determine: Ans✓✓✓ Level of management review, decision
authority, reporting requirements
,Advance Procurement is an exception to what funding policy? Ans✓✓✓ Full
Funding Policy
Advance procurement is used for ------------ Ans✓✓✓ Long lead items
After all resource-related decisions have been made by the DEPSECDEF or SECDEF
to determine the Defense portion of the President's Budget, the USD(C) posts
final decisions into a database in the proper appropriation account format. What
is the title of that database? Ans✓✓✓ Comptroller Information System (CIS)
After several months o contract performance, a determination can be made to
see if the schedule and cost variance will be favorable or unfavorable by
performing a: Ans✓✓✓ Trend analysis
Although Non Appropriated funds are not appropriated by congress they are still
considered __________ funds Ans✓✓✓ Government
Although there is no apportionment for day to day operations of working capital
funds. In order to get obligation authority, what needs to be submitted to OMB
for approval? Ans✓✓✓ Apportionment and Reapportionment Schedule
Amounts carried on the following contingent liabilities must be carried as an
outstanding commitment until obligation is determined Ans✓✓✓ Outstanding
fixed price contracts
Interest due from government
, An AoA compares the operational effectiveness, suitability, and life cycle cost
analysis of material to meet the requirements of the ICD. A sufficient AoA should
ensure: Ans✓✓✓ the best most affordable alternative material solution is
selected from the alternatives
An economic analysis is prepared using a _____ ______ ____ basis Ans✓✓✓ Net
Present Value (NPV)
An economy act order can be placed with whom? Ans✓✓✓ an activity with DoD
component, another DoD component, or with another Federal agency
An economy act order is basically considered an __________ _______ and would
not be treated as if it were a contract Ans✓✓✓ interagency aquisition
An evolutionary acquisition approach delivers capability in __________,
recognizing the need for future __________ improvements. Ans✓✓✓
Increments, capability
Annual funding policy applies to what types of appropriations Ans✓✓✓ O&M
and MILPERS
As defined by US 10 2432, What is the Program Acquisition Unit Cost (PAUC)?
Ans✓✓✓ The amount found b dividing the total cost for development
procurement of, and system specific military construction for the acquisition
program by the number of fully configured end items
Assume a normal distribution, mean = 50, standard deviation = 10, what percent
of the data is greater than 40?
A AoA is required for what type of acquisition programs? Ans✓✓✓ ACAT 1 and
ACAT 1A
A contractors WBS looks like a company organization chart, however it includes
the _____ and _____ that constitute the program rather than the organization
Ans✓✓✓ product and services
A life cycle cost estimate is prepared in ______ year dollars which are tied to a
specific base fiscal year Ans✓✓✓ constant
A MIPR can be used internally as a: Ans✓✓✓ Direct citation, reimbursable order,
project order, economy act order
A successful Milestone B decision allows entry into what phase of the Acquisition
Life Cycle? Ans✓✓✓ Engineering and Manufacturing Development (EMD)
A successful Milestone C decision allows entry into what phase of the Acquisition
Life Cycle? Ans✓✓✓ Production and Deployment
A working capital fund has an officer (O-4) properly assigned to the organization
and that officer is doing the work that would normally be performed by a GS-13.
For managerial cost accounting purposes, is the "cost" of that officer's pay and
benefits "charged" at the military O-4 rate or the civilian GS-13 rate? Ans✓✓✓
Civilian GS-13 rate (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 constant dollars)
ACAT 1A have a total expenditure of: Ans✓✓✓ Must meet one or more of the
following:
1 - Program cost for any single year in excess of 32m
2 - total program costs in excess of 216m
3 - total life-cycle costs in excess of 378m
ACAT 1AM and ACAT 1AC are _____ _____ ____ ____. Ans✓✓✓ Major
Automated Information Systems (MAIS) programs
ACAT 1D and ACAT 1C are ____ ____ _____ _____. Ans✓✓✓ Major Defense
acquisition programs (MDAP)
Acquisition 1A programs are broken out into what two subcategories? Ans✓✓✓
ACAT 1AM - MDA at the DoD level
ACAT 1AC - MDA at the component level
Acquisition Category 1 (ACAT 1) are broken down into two subcategories?
(Designated by USD(AT&L)) Ans✓✓✓ ACAT 1D (MDA is at DoD level)
ACAT 1C (MDA is at Component level)
Acquisition programs are categorized into acquisition categories. the categories
are established to determine: Ans✓✓✓ Level of management review, decision
authority, reporting requirements
,Advance Procurement is an exception to what funding policy? Ans✓✓✓ Full
Funding Policy
Advance procurement is used for ------------ Ans✓✓✓ Long lead items
After all resource-related decisions have been made by the DEPSECDEF or SECDEF
to determine the Defense portion of the President's Budget, the USD(C) posts
final decisions into a database in the proper appropriation account format. What
is the title of that database? Ans✓✓✓ Comptroller Information System (CIS)
After several months o contract performance, a determination can be made to
see if the schedule and cost variance will be favorable or unfavorable by
performing a: Ans✓✓✓ Trend analysis
Although Non Appropriated funds are not appropriated by congress they are still
considered __________ funds Ans✓✓✓ Government
Although there is no apportionment for day to day operations of working capital
funds. In order to get obligation authority, what needs to be submitted to OMB
for approval? Ans✓✓✓ Apportionment and Reapportionment Schedule
Amounts carried on the following contingent liabilities must be carried as an
outstanding commitment until obligation is determined Ans✓✓✓ Outstanding
fixed price contracts
Interest due from government
, An AoA compares the operational effectiveness, suitability, and life cycle cost
analysis of material to meet the requirements of the ICD. A sufficient AoA should
ensure: Ans✓✓✓ the best most affordable alternative material solution is
selected from the alternatives
An economic analysis is prepared using a _____ ______ ____ basis Ans✓✓✓ Net
Present Value (NPV)
An economy act order can be placed with whom? Ans✓✓✓ an activity with DoD
component, another DoD component, or with another Federal agency
An economy act order is basically considered an __________ _______ and would
not be treated as if it were a contract Ans✓✓✓ interagency aquisition
An evolutionary acquisition approach delivers capability in __________,
recognizing the need for future __________ improvements. Ans✓✓✓
Increments, capability
Annual funding policy applies to what types of appropriations Ans✓✓✓ O&M
and MILPERS
As defined by US 10 2432, What is the Program Acquisition Unit Cost (PAUC)?
Ans✓✓✓ The amount found b dividing the total cost for development
procurement of, and system specific military construction for the acquisition
program by the number of fully configured end items
Assume a normal distribution, mean = 50, standard deviation = 10, what percent
of the data is greater than 40?
