BCF 110 MODULE 7 EXECUTION EXAM PART 1: APPORTIONMENT |
QUESTIONS AND ANSWERS | 100% CORRECT.
An expired appropriation may be used to: (select two answers) Answer - -Make
new obligations
-*Make payments to liquidate obligations previously made against it*
-*Adjust obligations previously made against it*
-Pay bills related to a cancelled appropriation of the same type, up to 1% of the
expired appropriation amount or the unliquidated balance of the cancelled
appropriation, whichever is less
The Department of Defense moved funds from the Overseas Contingency
Transfer Fund to the Army`s Military Personnel appropriation to cover extra
costs associated with deploying troops unexpectedly to Afghanistan. This
action required: Answer - -Below-threshold reprogramming
-*(WRONG) Congressional notification reprogramming*
-Congressional prior approval reprogramming
-Internal reprogramming
True or False. There are only two hard and fast criteria that the business
activity must meet in order to be included in a Working Capital Fund. They are
1) produce identifiable outputs, and 2) these outputs can only serve DoD
agency requirements. Answer - -True
-*False*
, $150,000 was committed in February for a research and development contract
to be awarded in May. Unfortunately, the lowest bid received by the Procuring
Contracting Officer was $200,000. According to the rules governing
commitments: (select one) Answer - -The $200,000 obligation for the contract
award can be recorded without adjusting the original commitment amount
-The official who authorized the original commitment need not take any action
-A new commitment for an additional $200,000 should be recorded
-*The original commitment amount must be increased to $200,000 before the
obligation can be recorded*
Which of the following is true concerning below-threshold reprogrammings in
Military Construction appropriations? Answer - -The amount added to an
existing Line Item must be less than $20 million
-*The amount added to an existing Project must be less than $2 million or 25%
of the projects original value, whichever is lower*
-The amount taken from an existing Line Item must be less than $20 million or
20% of the Line Item`s original value, whichever is less
-The amount added to an existing Program element must be less than $10
million or 25% of the PE`s original value, whichever is lower
A program is likely to have its budget request adjusted during the Budgeting
Phase of the PPBE, if it has repeatedly: Answer - -*Failed to obligate at least
80% of its Procurement funds by the end of the first year of execution*
-Failed to obligate 100% of its RDT&E funds by the end of the first year of
execution
-Failed to expend at least 90% of its Procurement funds by the end of the first
year of execution
-Failed to expend at least 95% of its RDT&E funds by the end of the first year of
execution
QUESTIONS AND ANSWERS | 100% CORRECT.
An expired appropriation may be used to: (select two answers) Answer - -Make
new obligations
-*Make payments to liquidate obligations previously made against it*
-*Adjust obligations previously made against it*
-Pay bills related to a cancelled appropriation of the same type, up to 1% of the
expired appropriation amount or the unliquidated balance of the cancelled
appropriation, whichever is less
The Department of Defense moved funds from the Overseas Contingency
Transfer Fund to the Army`s Military Personnel appropriation to cover extra
costs associated with deploying troops unexpectedly to Afghanistan. This
action required: Answer - -Below-threshold reprogramming
-*(WRONG) Congressional notification reprogramming*
-Congressional prior approval reprogramming
-Internal reprogramming
True or False. There are only two hard and fast criteria that the business
activity must meet in order to be included in a Working Capital Fund. They are
1) produce identifiable outputs, and 2) these outputs can only serve DoD
agency requirements. Answer - -True
-*False*
, $150,000 was committed in February for a research and development contract
to be awarded in May. Unfortunately, the lowest bid received by the Procuring
Contracting Officer was $200,000. According to the rules governing
commitments: (select one) Answer - -The $200,000 obligation for the contract
award can be recorded without adjusting the original commitment amount
-The official who authorized the original commitment need not take any action
-A new commitment for an additional $200,000 should be recorded
-*The original commitment amount must be increased to $200,000 before the
obligation can be recorded*
Which of the following is true concerning below-threshold reprogrammings in
Military Construction appropriations? Answer - -The amount added to an
existing Line Item must be less than $20 million
-*The amount added to an existing Project must be less than $2 million or 25%
of the projects original value, whichever is lower*
-The amount taken from an existing Line Item must be less than $20 million or
20% of the Line Item`s original value, whichever is less
-The amount added to an existing Program element must be less than $10
million or 25% of the PE`s original value, whichever is lower
A program is likely to have its budget request adjusted during the Budgeting
Phase of the PPBE, if it has repeatedly: Answer - -*Failed to obligate at least
80% of its Procurement funds by the end of the first year of execution*
-Failed to obligate 100% of its RDT&E funds by the end of the first year of
execution
-Failed to expend at least 90% of its Procurement funds by the end of the first
year of execution
-Failed to expend at least 95% of its RDT&E funds by the end of the first year of
execution
