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ACQ 101 MODULE 1 EXAM QUESTIONS WITH VERIFIED ANSWERS

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ACQ 101 MODULE 1 EXAM QUESTIONS WITH VERIFIED ANSWERS

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  • September 10, 2024
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  • 2024/2025
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ACQ 101 MODULE 1 EXAM QUESTIONS
WITH VERIFIED ANSWERS
A system can be defined as - -all elements needed to assist the DoD to
conduct its mission of deterring or winning the war

-Which of the following a key characteristic of Program Level Integrated
Project Teams? - -They focus on program execution

-Select the Department of Defense decision-support system described as
"This is the process by which the DoD identifies, assesses, and prioritizes the
capabilities the military requires to fulfill its mission and its referred to as the
requirements generation process." - -JCIDS

-A system estimated to have Research, Development, Test and Evaluation
(RDT&E) costs of $250M (FY 2014) is what category of program? - -ACAT II

-DoDI 5000.02 specifies the characteristics for acquisition categories - -True

-Which of the following institutions designs, produces, supports and
upgrades defense systems? - -Industry

-Programs that estimate expenditure in any single year between $20M and
$40M in FY 2014 constant year dollars are designated ACAT II - -False

-Who controls the budget and the release of funds and reports directly to
the Secretary of Defense? - -USD Comptroller

-IN order to be successful in acquisition management, which of the
PERFORMANCE risk factors need to be adressed - -use of new material or
processes

-The FAR is one of the three Government regulations that govern
acquisitions and only applies to the DoD - -False

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