CDFM - Module 2 Exam Questions with correct Answers

PPBS - ANSWER the DoD biennially uses this process to acquire, allocate, account for, and analyze personnel and financial resources Defense Resources Board - ANSWER Department of Defense principal resource management ...

PPBS - ANSWER the DoD biennially uses this process to acquire, allocate, account for, and analyze personnel and financial resources Defense Resources Board - ANSWER Department of Defense principal resource management organization. National Security Council - ANSWER Principal forum for consideration of national security and foreign policy matters Program Budget Memorandum - ANSWER Which of the following documents are not part of the PPBS System. Future Years Defense Program - ANSWER Database that Summarizes all forces, resources, and equipment associated with programs approved by the SECDEF Defense Planning Guidance - ANSWER This document assesses present threat, defense policy, strategy, resource planning, and provides fiscal guidance Deferral - ANSWER Funds that are postponed or withheld from obligation until released by OMB Shipbuilding and Conversion - ANSWER DoD Appropriation valid for five years Obligating documents include - ANSWER Contracts, MIPRs, Project Orders, & Economy Act Orders DWCF Pricing Strategy - ANSWER Selling prices established in the budget are stabilized or fixed during execution. Non-Appropriated Funds - ANSWER Monies not appropriated by Congress that are generated primarily from the sale of goods and services are known as what? April 15 - ANSWER Budget committees report First Concurrent Resolution by what date? OMB Circular A34 - ANSWER Governs the Instruction of Budget Execution 2 Standard Deviation - ANSWER Which standard deviation reflects that 95% of the sample represents the population? Learning curve theory - ANSWER States that as the quanitity of a product produced doubles, the man hours needed decreases at a fixed rate Parametric Approach - ANSWER Cost estimating method known as the statistical method Outsourcing - ANSWER Process in which a government entity remains fully responsible for the provision of affected services and maintains control over management decisions, while another entity operate the function or performs the service Government Performance and Results Act (GPRA) - ANSWER Act that requires all expenditures must be tied to annual performance goals and objectives 41 U.S.C 11 - ANSWER Food and Forage Act Biennial process - ANSWER Process used to acquire, allocate, account for, and analyze personnel and financial resources for the Department of Defense 1960 - ANSWER PPBS was initiated by Secretary McNamara Functions of the DRB - ANSWER 1 Reviews guidance for planning and programming. 2 Evaluates high-priority programs. 3 Considers effect of resource decisions on baseline cost and schedule. 4 Is the DoD principal resource management organization. Program Review Group - ANSWER Working group subordinate to the DRB that identifies major issues, analyze them and develops decision options for the DRB. is chaired by the Director PA&E. Joint Requirements Oversight Council (JROC) - ANSWER Explores new alternative for assissing joint military war fighting capabilities and requirements. The unfunded requirement must be unanticipated and a higher priority than a funded requirement - ANSWER What condition must be present to realign funds from planned requirements to unfunded requirements? Threat , Political and Economic considerations, Technological Issues, and Available Resources - ANSWER What are some of the environmental factors that influence decision makers when examining and analyzing decisions under the PPBS? Secretary and Deputy Secretary of Defense - ANSWER Who are the PPBS Officials that exercise centralized control of executive policy direction? Under Secretary of Defense (Comptroller) - ANSWER Who coordinates the presentation and justification of budget to Congress? Joint Chiefs of Staff and Commander-in-Chief - ANSWER Who has input to and/or review of every product and step of the process up to and including the Defense Planning Guidance (DPG) Funding Authorization Document - ANSWER Not a key planning document of the PPBS Planning Programming Budget - ANSWER The 3 major element of the PPBS Final document of the planning phase - ANSWER Defense Planning Guidance - DPB President - ANSWER Chairman of the National Security Council Annually - ANSWER How frequently is DoD funding reviewed? Under Secretary of Defense (Acquisition, Technology & Logistics- ATL) - ANSWER Serves as the chairman of the Defense Acquisition Board (DAB) Program Objective Memorandum - ANSWER Amended by PDM, provides approved program baselines for budget submissions Budgeting - ANSWER Phase of the PPBS process in which programmatic decisions are translated into resources in an appropriations format Chairman's Program Assessment - ANSWER Organization that checks the balance and capabilities of composite force and suppoart levels recommended by service POMs. Fall Review of Budget Review - ANSWER Event where OSD analyst draft Program Budget Decisions (PBD) for review and coordination Program Budget Decisions - ANSWER Document that reflects SECDEF decisions regarding appropriate program and funding that will be included in the annual defense budget request to the President Supplementals - ANSWER Requests for funds in addition to amounts already appropriated Treasury Warrant - ANSWER Financial control document issued by Treasury following the signature of the Appropriations Act