acq 202 module 2 test part 2
1) When financial managers adjust for cost inflation in programming and budgeting, they
usually:
10119937 1
Refer to Federal Reserve Board guidelines on outlay rates and income flows
Revise their Program Objectives Memorandum (POM) submission based on the
Resource Management Decision (RMD) released by the Deputy Secretary of Defense
Expect investment appropriations, such as Procurement and Research, Development,
Test, and Evaluation (RDTE), to have quick outlay rates
Prepare initial estimates in base-year (constant) dollars and escalate costs into then-
year (current) dollars
2) In the Planning, Programming, Budgeting and Execution (PPBE) process, one result of the
programming activities is the
10120120 1
Budget Estimate Submission (BES)
Program Objectives Memorandum (POM)
Defense Planning Guidance (DPG)
Future Years Development Program (FYDP)
3) Match the contract type with its best description.xxxxxxxxx
10120082 4
a) Cost Plus Incentive Fee (CPIF)
b) Fixed Price Incentive FPI)
c) Cost Plus Fixed Fee (CPFF)
d) Cost Plus Award Fee (CPAF)
Requires subjective evaluation of the contractor
10438552
A ceiling price is established
10438550
Must have maximum/minimum fee amounts
The fee amount doesn't change 10438549
, acq 202 module 2 test part 2
10438551
4
4) Contracts greater than $100,000 are reserved for small
business.
10120091 2
True
False
5) Market research and analysis shall also be conducted to identify and evaluate possible
and throughout research and development.
xxxxxxxxxxxxxxxxxxxxxx
10120084 1
schedule delays / cost increases
acquisition approaches / test strategies
dual use technologies / commercial suppliers
product value / product complexity
6) With regard to exceptions to the full funding policy, funds used to procure long lead
items for a system with the intent to provide program continuity are known as
.
10119934 1
Incremental
Low Rate Initial Production
(LRIP) Multiyear Procurement
Advance Procurement
7) The database that contains the force structure, personnel strength, and financial
resources of DoD is the:
10119939 1
Planning, Programming, Budgeting and Execution System (PPBE)
Future Years Defense Program (FYDP)
Acquisition Program Baseline (APB)
1) When financial managers adjust for cost inflation in programming and budgeting, they
usually:
10119937 1
Refer to Federal Reserve Board guidelines on outlay rates and income flows
Revise their Program Objectives Memorandum (POM) submission based on the
Resource Management Decision (RMD) released by the Deputy Secretary of Defense
Expect investment appropriations, such as Procurement and Research, Development,
Test, and Evaluation (RDTE), to have quick outlay rates
Prepare initial estimates in base-year (constant) dollars and escalate costs into then-
year (current) dollars
2) In the Planning, Programming, Budgeting and Execution (PPBE) process, one result of the
programming activities is the
10120120 1
Budget Estimate Submission (BES)
Program Objectives Memorandum (POM)
Defense Planning Guidance (DPG)
Future Years Development Program (FYDP)
3) Match the contract type with its best description.xxxxxxxxx
10120082 4
a) Cost Plus Incentive Fee (CPIF)
b) Fixed Price Incentive FPI)
c) Cost Plus Fixed Fee (CPFF)
d) Cost Plus Award Fee (CPAF)
Requires subjective evaluation of the contractor
10438552
A ceiling price is established
10438550
Must have maximum/minimum fee amounts
The fee amount doesn't change 10438549
, acq 202 module 2 test part 2
10438551
4
4) Contracts greater than $100,000 are reserved for small
business.
10120091 2
True
False
5) Market research and analysis shall also be conducted to identify and evaluate possible
and throughout research and development.
xxxxxxxxxxxxxxxxxxxxxx
10120084 1
schedule delays / cost increases
acquisition approaches / test strategies
dual use technologies / commercial suppliers
product value / product complexity
6) With regard to exceptions to the full funding policy, funds used to procure long lead
items for a system with the intent to provide program continuity are known as
.
10119934 1
Incremental
Low Rate Initial Production
(LRIP) Multiyear Procurement
Advance Procurement
7) The database that contains the force structure, personnel strength, and financial
resources of DoD is the:
10119939 1
Planning, Programming, Budgeting and Execution System (PPBE)
Future Years Defense Program (FYDP)
Acquisition Program Baseline (APB)
