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116 Cards in this Set
- Front
- Back
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What are two ways to impound funds?
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DEFERALS
Temporary Must report to Congress RECISSIONS Must report to Congress If no action in 45 days; must be made available |
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What does a direct MIPR need before obligation?
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A signed contract.
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When can an obligation be recorded?
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When there is documentary evidence of the transaction.
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What are the Appropriation life cycles?
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MILPERS 1
O&M 1 RDT&E 2 Procurement 3 MILCON 5 SCN 5 |
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What is the Necessary Expense Doctrine?
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The Purpose part of PTA
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What are the 3 tests of Purpose?
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Logical relationship to the appropriation
Not prohibited by law Not funded elsewhere |
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What is the systematic approach to choosing the best method of allocating scarce resources to achieve a given objective?
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Economic Analysis
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What are the steps necessary to conduct an effective Economic Analysis?
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Identify constraints
Determine alternatives Identify cost/benefits of each alternative Compare alternatives Perform a sensitivity analysis Report results |
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What are some limits of EA?
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GIGO
Cannot make final decisions No cookbook precision Cannot provide relevant solutions to irrelevant problems Cannot predict political or non-economic impacts Not a substitute for sound judgement |
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What are the 3 linking factors critical to the sucess of any EVMS?
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Cost
Schedule Performance |
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What cost structure does MIL-HDBK-881 represent?
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Defines the general WBS elements by commodity
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What happens at Milestone B?
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Where program initiation occurs
The MILDEP or Agency is required to have funds in the FYDP |
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What concept is based on the axiom that the best time to reduce costs is early in the process?
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CAIV
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Advance procurement is an exception to what principle?
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Full Funding
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What is the title of the final document of the Planning Phase?
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JPG
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Who serves as the chair of the National Security Council?
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POTUS
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Under the Economy Act agreement, what must be done with funds that are unused when the ordering appropriation expires?
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Returned to the sender
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What document provides guidance to the components regarding the best mix of forces and resources to achieve objectives?
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Joint Programming Guidance (JPG)
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When is the QDR due?
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February of the second year of a presidential administration.
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What is the intent of the Integrated Priority List (IPL)?
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Provide visibility to the key priorities of the Combatant Commanders
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What is submitted in odd years ILO a POM?
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A Change Proposal
- Must net to 0 - Only require action in off year |
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What is the SLRG?
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The Senior Leaders Review Group
The DoD's Board of Directors |
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What does the Budget do?
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It translates the Program into an Appropriations format.
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When is the BES submitted?
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September of even years
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The USD(AT&L) serves as the chair of what board?
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DAB
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What comprises the BES?
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The POM w/o the outyears
1 prior 1 current 2 budget |
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In what years are CPs submitted?
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Odd years
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When is the POTUS required to transmit the budget to Congress?
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1st Monday in February
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When is the 1st concurrent resolution due?
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15 April
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WHAT does the 1st concurrent resolution do?
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Fixes budget authority and sets outlay targets
Establishes targets for public debt Develps allocation of budget to each committee (Does not go to POTUS) |
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What is the difference between Budget Cost of Work Performed and Actual Cost of Work Performed?
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Cost Variance
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What does a direct MIPR need before obligation?
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A signed contract
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What does the Joint Strategic Planning examine?
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The global security situation
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What does the Chairman's Program Assessment (CPA) do?
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Compares the POM/CP with the Issue Books.
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The Director PA&E analyzes the POM/CP and creates what?
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Issue Books
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Who develops the National Defense Strategy?
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SECDEF
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Who develops the National Military Strategy?
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Chair of the Joint Chiefs
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Who develops the Strategy for Homeland Defense and Civil Support?
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SECDEF
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What is the final output of the PPBE?
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Submission of the budget to the POTUS for approval and to Congress for authorisation & appropriation.
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What does correlation measure?
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The degree of relationship between variables.
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Criteria for inclusion into a DWCF?
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1. ID of outputs
2. Establish a cost accounting system 3. ID of customers 4. Evaluation of buyer's-seller's advantages/disadvantages. |
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When is the FYDP updated?
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Twice in even years
- POM/BES - PresBud Once in odd years - PresBud |
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What financial control document is issued by the Treasury Department following signature of the Appropriations Act?
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A warrant.
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Key role of the Chairman Joint Chiefs?
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Military advisor to POTUS
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What is the FYDP?
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An automated database that summarizes all forces,resources, and equipment.
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Who is responsible for central control and management of the FYDP?
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Director, Program Analysis and Evaluation (DPA&E)
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What is the duration of MILCON?
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5 years unexpired; 10 total
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What is the duration of RDT&E?
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2 years unexpired; 7 total
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What is the duration of SCN?
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5 years unexpired; 10 total
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What is the duration of PROC?
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3 years unexpired; 8 total
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Purpose of the PPBE process
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allocate resources within the Department of Defense
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Key role of the SECDEF?
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Develops National Defense Strategy and Strategy for HD and CS.
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What is the QDR?
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Quadrennial Defense Review.
Drafted every 4 years following presidential election. Draw from NDS, NMS,HD and CS. |
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Key roles of the Chairman, Joint Chiefs?
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Military advisor to POTUS, NSC, and SECDEF
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Budget estimates are reviewed by who?
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USD (C) and OMB
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Final document of the planning phase?
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JPG
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What preceeds PDM in programming phase?
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POM submits
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In what years is the POM prepared?
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Even years
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Change Proposals (CPs) are performed in what years?
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Odd years
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What is comprised of one page outlines of proposed major issues?
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Issue books
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Checks balances and capabilities of force and support levels recommended by service POMs?
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Chairmen's Program Assessment
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Helps SECDEF make program decisions reflected in the POM?
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Chairmen's Program Assessment
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Issuance of this document completes the programming phase?
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Program Decision Memoranda
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Provides detailed synopsis for the preparation of biennial budget estimates?
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DoD FMR 7000.14R
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Docs submitted in even number years?
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BES
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Provides detailed synopsis for the preparation of biennial budget estimates?
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DoD FMR 7000.14R
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Docs submitted in odd number years?
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CPs
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Who is responsible for PBD?
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USD(C)
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What is the FYDP?
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An automated database that summarizes all forces, resources and equipment.
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What is the purpose of PBDs?
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Reflect SECDEF decisions regarding program and funding to be included in annual defense budget.
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What's in the BES?
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PY, CY, BY, BY
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When is the BES modified?
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Submitted to OSD in September of each even numbered year.
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Who is responsible for central control and management of the FYDP?
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Director, Program Analysis and Evaluation (DPA&E)
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Who coordinates the annual program review?
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DPA&E
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What are the phases of the Federal Budget Process?
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Budget Formulation - Congressional Action - Budget Execution - Review & Audit
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When is the PRESBUD due?
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Due to Congress NLT 1st Monday in February.
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What is normally transmitted to Congress as request to provide funds in addition to amounts already appropriated?
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Supplemental
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What is the due date to House and Senate Budget Committees for all Congressional committees on their respective views and estimates?
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15-Mar
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What is a continuing resolution?
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Temporary appropriation act that dissolves when a regular appropriation is enacted
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Who must request apportionment?
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OSD
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What is a deferral?
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postponement of funds
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What is a rescission?
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The cancellation of funds
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Within how many days must an agency request apportionment?
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Within 10 days
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The most common type of obligating document is?
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contract
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what is the most universal form for requesting work or services from another government entity?
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MIPR
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What is a rescission?
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The cancellation of funds
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What is the duration of MILCON?
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5 years unexpired, 10 total
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The most common type of obligating document is?
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Contract
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What is the duration of RDT&E?
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2 years unexpired, 7 total
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What is the duration of SCN?
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5 years unexpired, 10 total
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What is the duration of PROC?
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3 years unexpired, 8 total
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When did WCF get established?
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National Security Act of 1947
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What are funds appropriated but not yet apportioned by OMB?
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Unapportined appropriations
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What are funds apportioned by OMB but not yet alloted by DoD?
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Unalloted apportionments
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What is a working capital fund?
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A revolving fund designed to breakeven
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What is a systematic approach to the problem of choosing the best method of allocating scarce resources to acheive a given objective?
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Economic Analysis
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When is economic analysis required?
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>$1M
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When is a cost estimate required?
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<$1M
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What are the 3 measures of central tendency?
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Mean, Median, Mode
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What is the formula for discounting?
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PVF = 1/(1+d)^n
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What is a systematic approach to choosing best method of allocating scarce resources to achieve a given objective?
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Economic Analysis
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cost structure MIL-HDBK-881
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Work breakdown structure
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What cost estimating approach is based on direct comparison with historical info?
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Analogy
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What is the cost estimating approach known as a statistical method or top down approach?
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Parametric
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What indicates that the best time to reduce cost is early in the process?
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Cost as An Independent Variable (CAIV)
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This cost estimating approach requires extensive knowledge of the product or process.
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Engineering or "Bottom Up"
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Advance procurement is an exception to what technique?
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Full funding
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What is the difference between budget cost of work performed and actual cost of work performed?
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A cost variance
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What is a radical redesign of key business processes that involves examination of the fundamental process itself?
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Business process innovation or reengineering
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How many players should be on a business process reengineering team?
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Less than 10
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After the Appropriation is signed into law, the DoD requests what from OMB?
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Apportionment.
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What is the purpose of the Programming Phase?
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To translate planning decisions, programming guidance, and Congressional guidance into a detailed allocation of resource requirements.
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What are the elements of the POM?
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A systematic analysis of mission objectives to be achieved
Alternative methods of accomplishing objectives Allocation of resources (Even years only) |
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On 15 Nov each agency head must submit what?
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Performance Report
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How often must 5-year strategic plans be updated for nonDoD? For DoD?
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Non = 3 years
DoD - 4 years (QDR) |
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What are some misc. sources of funds for the DoD?
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Agricultural and grazing leases
Recycling Sale and outlease Fish and wildlife conservation program Energy savings |
