Primary input to the programming phase of the ppbe process

Assignment Help Cost Accounting

Reference no: EM13170191

1) Which of the following is NOT a primary input to the Programming Phase of the PPBE process?

Combatant Commander's Integrated Priority Lists (IPLs)

Defense Planning Guidance (DPPG )

Chairman's Program Recommendation (CPR)

Fiscal Guidance (FG)

2) Which one of the following statements is TRUE concerning the R-1 budget exhibit?

It provides a narrative justification for each RDT&E program element

It contains information on related non-RDT&E funding for acquisition programs

It is prepared at the Component level

It provides a tabular display of program milestones

3) My program office has just completed analysis of the latest Contract Performance Report on its Cost Plus Award Fee contract with Cardinal Industries. The following information is available:

Best Case EAC = $321 million

Most Likely EAC = $340 million

Worst Case EAC = $353 million

Total Contract Fee (Base Fee + Award Fee) = $32 million

Which one of the following represents the best estimate of the funding requirements for the Cardinal Industries contract?

$372 million

$353 million

$385 million

$340 million

4) Which one of the following contracts most likely would NOT require contract performance reporting by a Contract Performance Report (CPR)?

Firm-Fixed Price Procurement contract valued at $310 million (then year dollars)

Cost Plus Fixed Fee RDT&E contract valued at $75 million (then year dollars)

Fixed-Price Incentive Fee Procurement contract valued at $450 million (then year dollars)

Cost Plus Award Fee RDT&E contract valued at $82 million (then year dollars)

5) Which one of the following would likely trigger a question or adjustment by a budget analyst reviewing a budget request?

Program's obligations and expenditures are close to goals

RDT&E program used a Procurement escalation index

Procurement program budgeted on a full funding basis

Budget request is consistent with the program's current cost estimates and schedule

6) Which one of the following best describes the conditions under which a P-5a budget is required to be submitted?

When the program element funding is $1 million or more in the budget yea

When the line item funding is $5 million or more in the budget year

When it covers a weapon system modification program whose costs exceed $5 million in any year covered by the budget request

When a P-5 budget exhibit is prepared for a line item

Reference no: EM13170191

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