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Acq Module 2 Exam pt 2
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Acq Module 2 Exam pt 2
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Acq Module 2 Exam pt 2incremental funding policy applies to the ____ appropriation category and
states that _______ - -RDT&E; DoD is to fund the total costs incurred to
develop and test a given quantity of useable end items
-responsibility for awarding the contract and any modifications for
government contracts rests with the _____. - -Contracting Officer
-In a ________ type of contract, the contractor bears virtually all the financial
risk associated with procurement. - --Firm fixed price
-The Government must conduct appropriate market research before
soliciting offers from potential contractors. Various IPT members can
participate. Cost analysts can provide input
on_______________________________. - -proper contract pricing information
-A _______ is an aggregation of program elements that reflects a macro-level
force mission or support mission of DOD. - -Major Program (MP).
-The deputy secretary of defense documents his/her decisions about
Component (Service/Agencies) proposals for allocating resources in the
________. The components then revise their programs to be consistent with
his/her decisions in the document - -RMD
-If risks are not managed or mitigated, they may lead to many undesirable
outcomes in terms of quality management such as: (Select the three that
apply) - --Cost overruns or delays for current contracts
-Costs escalation for future contracts
-Products that may not meet customer needs
-software is an area not subject to interoperability issues - -True
-In the Planning, Programming, Budgeting and Execution (PPBE) process,
one result of the programming activities is the __________ - --Program
Objectives Memorandum (POM)
-The contract funds status report captures funding and expenditure data
that the Program Manager and business managers to make funding decisions
- -True
-If the Government has funded the entire development of an item, the
Government is entitled to _____ rights. - -Unlimited
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