Exam (elaborations)
Enhanced Defense Financial Management Training Course questions with 100% answers.
- Course
- Institution
Enhanced Defense Financial Management Training Course questions with 100% answers.
[Show more]
Seller
Follow
Content preview
Enhanced Defense FinancialManagement Training Course questions
with 100% answers.
What is the term used to describe dollars used for programming and budgeting purposes wherein the
effects of inflation are considered? ANS - Then-year dollars or Current year dollars
The Defense Acquisition System is the management process that guides DoD acquisition programs and is
basically the process by which programmatic risk is managed. What are the three programmatic risks
that must be successfully managed? ANS - Cost, Schedule, and Performance risks
What are the appropriations that may be used to fund an acquisition program? ANS - RDT&E,
Procurement, O&M, MILCON, and MILPERS
What is the term used to describe dollars shown in the life cycle cost estimate wherein the effects of
inflation are not considered? ANS - Base year dollars or Constant year dollars
What cost structure does MIL-STD-881D represent? ANS - Work Breakdown Structure (WBS)
Which cost estimating method is based on direct comparison with historical information of one similar
system? ANS - Analogy Method
Which cost estimating method is know as a statistical method or top-down method? ANS - Parametric
Approach
Which cost estimating method requires extensive knowledge of the product or process? ANS -
Engineering Approach
What are the methods/steps in conducting the Delphi Technique? ANS - Query expert opinion; Seek
supporting rational or information from each expert; Summarize results; Gather second opinion;
Continue iteration until consensus or near-consensus is reached
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.19. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77016 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now