CDFM Module 2 Practice Questions

The Commanders of the Combatant Commands are responsible to the SECDEF the Chairman, JCS the Department Heads( the SECDEF, the Chairman, JCS, the Department Heads ) for accomplishing the assigned military mission.

The President Chairman, JCS SECDEF Director of Homeland Security( President, Chairman, JCS, SECDEF, Director of Homeland Security ) serves as the Chairman of the National Security Council.

The Under Secretary of Defense (Acquisition, Technology & Logistics) serve as the Chairman of the Defense Acquisition Board. Deputy's Management Action Group. 3 Star Program Review Group.( Defense Acquisition Board., Deputy's Management Action Group., 3 Star Program Review Group. )

Integrated Program/Budget Review Guidanc Program Objective Memorandum Portoflio Review( Integrated Program/Budget Review Guidanc, Program Objective Memorandum, Portoflio Review ) is the title of the document prepared by the D, CAPE and USD(C) in the May to June time frame that provides guidance to Components for preparation of their POM and BES submissions.

A key DoD principal is the USD(C), USD(P), Director Financial Management D, CAPE,( USD(C),, USD(P),, Director Financial Management, D, CAPE, ) who as the Chief Financial Officer (CFO) of Defense, acts as resource consultant and advisor the Secretary of Defense, as well as manager and arbiter of the Defense resource management process.

The National Security Strategy Quadrennial Defense Review National Defense Guidance Defense Strategic Guidance( National Security Strategy, Quadrennial Defense Review, National Defense Guidance, Defense Strategic Guidance ) emerges from the National Security Council.

The JCIDS Defense Acquisition System Deputy's Management Action Group( JCIDS, Defense Acquisition System, Deputy's Management Action Group ) is a systematic method established by the Joint Chiefs of Staff to assess gaps in the military joint warfighting capabilities and to recommend solutions to fill these gaps.

The planning process begins about a year and a half a year two years six months( a year and a half, a year, two years, six months ) in advance of the fiscal year in which the budget authority will be requested.

The Full Annual Incremental Continuous( Full, Annual, Incremental, Continuous ) Funding Policy applies to O&M and MILPERS. The intent is provide only those funds required to obligate for expenses associated with normal operations of DoD activities for a 12 month period.

The Incremental Full Annual Partial( Incremental, Full, Annual, Partial ) Funding Policy applies to RDT&E. This policy provides only those fund required for work in a given fiscal year are to be included in the RDT&E budget request for the fiscal year.

The rule governing the computation for procurement and military construction appropriations is called the full incremental annual( full, incremental, annual ) funding policy.

Cost as an Independent Variable (CAIV) Work Breakdown Structure Engineering Approach Analogy Approach( Cost as an Independent Variable (CAIV), Work Breakdown Structure, Engineering Approach, Analogy Approach ) is the concept is based on the axiom that the best time to reduce cost is early in the process.

Cost-benefit Analysis Economic Analysis Earned Value Management System( Cost-benefit Analysis, Economic Analysis, Earned Value Management System ) is a systematic approach to the problem of choosing the best method of allocating scarce resource to achieve a given objective.

The JCIDS PPBEs JROC DAMS( JCIDS, PPBEs, JROC, DAMS ) is a systematic method established by the Joint Chiefs of Staff for assessing gaps in military joint warfighting capabilities and recommending solutions to resolve these gaps.

The foundation of a sound and credible cost estimate is a well-defined program; it is essential to know the details of what is to constitute that acquisition program in order to prepare a valid estimate of its lifecycle cost. The document used to capture that detailed information is known as the Cost Analysis Requirements Description. Initial Capabilities Document Capabilities Development Document Capability Production Document( Cost Analysis Requirements Description., Initial Capabilities Document, Capabilities Development Document, Capability Production Document )

The program acquisition unit cost (PAUC) average procurement unit cost (APUC)( program acquisition unit cost (PAUC), average procurement unit cost (APUC) ) is defined by USC 2432 as the amount found by dividing the total cost for development and procurement of, and system specific military construction for, the acquisition program by the number of fully configured end items to be produced for the acquisition program.
The average procurement unit cost (APUC) program acquisition unit cost (PAUC)( average procurement unit cost (APUC), program acquisition unit cost (PAUC) ) is the amount found by dividing the total of funds programmed to be available for obligation for procurement by the number of fully-configured end items to be procured.

If Actual Cost of Work Performed (ACWP) is less than Budgeted Cost of Work Performed the Cost Variance is: Favorable Unfavorable( Favorable, Unfavorable )

If the Budgeted Cost of Work Scheduled (BCWS) is more than the Budgeted Cost of Work Planned (BCWP) , the schedule variance is: Favorable Unfavorable( Favorable, Unfavorable )

What is the name of the process in which the intent is to shift functions and responsibilities, in whole or in part, from the Government to the private sector? Privatization Outsourcing( Privatization, Outsourcing )