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DAU BUS 1100 Q&A (Spring 2023) QUESTIONS WITH ANSWERS.
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DAU BUS 1100 Q&A (Spring 2023) QUESTIONS WITH ANSWERS.
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DAU BUS 1100 Q&A (Spring 2023)QUESTIONS WITH ANSWERS.
All of the following are true concerning a program's Base Budget EXCEPT:
A: Is referred to as war funds
C: Is funding to keep a program, component, or agency functioning
D: Requires a seperate LCCE from the OCO budget ANS -
All of the following are true regarding the purpose statute except:
A: Law requires that when a violation is recognized...
B: States that a program...
C: Is also informally...
D: Requires that funds only be... ANS -
In the decision support process, financial managers and cost estimators support the program manager
during the evaluate the alternatives step by:
A: Helping to develop evaluation criteria...
B: Providing quality recommendations to..
C: Constantly monitoring programmatic...
D: Focusing on resource constraints... ANS -A: Helping to develop evaluation criteria...
To be used for budgeting purposes, a cost estimate must be all of the following except:
C: Not be time phased...
D: In then year dollars... ANS -
OMB Circular A-11 provides instruction on:
B: Auditing of agency or departmental...
D: Preparation and submission of the budget estiamtes ANS -
,TorF The five major types of DoD appropriations are O&M, RDT&E, Procurement, MILCON, and MILPERS
ANS -True
Which of the following is true regarding a MYP?
A: Is an exception to the full funding policy
B: Reduces the unit cost of items...
C: All correct - Chosen
D: Reduces the risk to contractor... ANS -
Financial managers and cost estimators may support the PB submission during the DOD Budget Reviews
by:
A: Assisting in answering OUSD...
B: Assisting in writing reclamas...
C: All correct
D: Assisting in providing corrected... ANS -
The inputs to the PPBE PPPR are the:
B: PBD
C: POM ANS -
All of the following are true regarding the budget authority apportionment process except:
B: The OMB allocates budget...
C: Congress appropriates budget authority through...
D: The MAJCOM/PEO allots... ANS -B: The OMB allocates budget...
The JCIDS validated capability requirements are used to:
B: Assess the International PPBE process
C: Eval the DADS
, D: Drive the DAS and inform... ANS -
Which of the following is true regarding the DoD Financial Management Regulation, DoDI 7000.14-R?
A: Is commonly referred to as the FMR
B: All correct
C: Is a DoD wide regulation
D: Guides financial management for acct... ANS -B: All correct
A program's Acquisition Strategy helps the financial manager to:
A: Reprograms funds as necessary
B: Use the correct appropriations and funding policies at...
C: Prepare a reclama...
D: Justify the use of a CR ANS -
What organizations interface with all Congressional committees regarding all appropriation matters?
C: The office of the undersecretary of defense staff
B: The OMB staff
D: The JROC staff ANS -
A program obligated $1.5 million of RDTE budget authority on a RDTE contract when they only had
$1.25 mil of unobligated RDTE remaining. What fiscal law does this violate?
A: The ADA
B: No violation
C: The Purpose Statue
D: The Bona Fide Need Rule ANS -A: The ADA
The three phases of the Congressional Budget Enactment process are (Select 3):
A: Programming
B: Authorization
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