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ACQ 1010 Module 5 Exam
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ACQ 1010 Module 5 Exam
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ACQ 1010 Module 5 ExamWhich of the following appropriations categories fund the Research and
Development efforts performed by both contractors and government
agencies? - -Research, Development, Test and Evaluation
-Who can approve the realignment of funds between activities that are
below the level of control for that appropriation category and that does not
require a reprogramming action? - -Program Manager
-Approval for reprogramming must always involve Congress. - -False
-Select the term that best fits the following definition: "When the vendor
cashes the expenditure check and money flows from the Treasury to the
vendor or supplier." - -* Not Expenditure
* Not Obligation
-What cost estimating technique would be indicated for the following
situation? The program just entered the Technology Maturation and Risk
Reduction phase. This method of cost estimating is quick but subjective and
not as precise as other cost estimating methods. Technical and cost data
from similar systems exist. - -Analogy
-What is the purpose of a Life Cycle Cost Estimate (LCCE)? - -Acquire
Funding for a system throughout its lifespan.
-Below Threshold Reprogramming for procurement is limited to the lesser of
$20 million or 20%, into or out of a program. Thresholds vary by
appropriations category. - -False
-Which of the following appropriations categories provides funds for
programs that have been approved for production? - -Procurement
-What cost estimating technique would be indicated for the following
situation? The program is early in the Engineering and Manufacturing
Development phase. An estimate is needed quickly to support a "what-if"
discussion. A moderate degree of subjectivity can be accommodated. A good
database exists with information on many similar systems and their
performance characteristics. - -Parametric
-Select the term that best fits the following definition: "A charge against
available funds, resulting from a voucher, claim, or other document
approved by a competent authority." - -* Not committment
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