ACQ 202 Module 2 Exam Part II Planning Acquisition
Strategy Development 2024 exam
When financial managers adjust for cost inflation in programming and budgeting, they usually: -
answer>>-*Prepare initial estimates in base-year (constant) dollars and escalate costs into then-year
(current) dollars*
-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
Each Component (Services/Agencies) uses the guidance provided by the Planning phase of the Planning,
Programming, Budgeting, and Execution (PPBE) process to prepare its proposal for all available resources,
including funding, force structure and personnel end strength, over a five year period. This proposal,
submitted to the Secretary of Defense,
is known as the: - answer>>-Defense Planning Guidance (DPG)
Program Objectives Memorandum (POM)
-[[Budget Estimate Submission (BES) (INCORRECT)]]
-President's Budget (PB)
A _______ is an aggregation of program elements that reflects a macro-level force mission or support
mission of DoD. - answer>>-Future Years Defense Program (FYDP)
-Budget
-*Major Force Program (MFP)*
-Program Objectives Memorandum (POM)
If your procurement budget request did not provide for buying a whole number of useable end items, this
would be a violation of which funding policy? - answer>>-Annual
Funding
-*Full Funding*
-Incremental Funding
, -Deficit Funding
Small business set-asides require the expectation that at least three capable small disadvantaged
businesses will submit offers. - answer>>-True
-*False*
The primary unit of data in the future years defense program (FYDP) and normally the smallest
aggregation of resources controlled by the office of the Secretary of Defense
(OSD) is the ____. - answer>>-Defense Appropriation Item
-Work Breakdown Structure (WBS) Cost Center
-*Program Element*
-Appropriation Line Item
in a _____ contract, the Government bears the financial risk of increased costs. - answer>>-Competitively
awarded
-*Cost plus fixed fee*
-Firm fixed price
-Sole source
When selecting a software developer, years of experience in the software business should be the most
important consideration. The amount of experience a contractor has developing the specific type of
software needed is not as important as experience in general. - answer>>-True
-*False*
To ensure interoperability, compliance with the DoD IT Standards Registry (DISR) is required for all
command, control, communications, computers, and intelligence (C4I) systems and automated
information systems acquired within DoD. - answer>>-*True* -False
When are all seven Integrated Program Management Report (IPMR) formats required? - answer>>-Fixed
price contracts of $15 million or less
-*Cost and incentive contracts of $50 million or more*
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