ACQ202 Module 4 Exam, Part I Questions And Answers(Best Solution Graded A)

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ACQ202 Module 4 Exam, Part I 1) A Government official who obligates the Government on a contract without having sufficient funds to cover that expense has violated the . [Select the appropriate pub li... c law (i.e., Misappropriation Act, Anti-Deficiency Act, Bona Fide Need) that applies to the use of appropriated funds under specific circumstances.] Anti-Deficiency Act Misappropriation Act Bona Fide Need Rule Reprogramming Thresholds 2) The Army can transfer excess funds from a Procurement appropriation to a Research, Development, Test, and Evaluation (RDT&E) appropriation to cover a funding shortfall of $3 million without prior approval of Congress. [Given a funding shortfall, apply the rules governing reprogramming of appropriated funds in each appropriation category to resolve the problem.] True False 3) Select the best statement about the use of Technical Reviews in the current acquisition environment. [Relate the different types of program unique specifications to their appropriate configuration baselines and technical review requirements.] Technical Reviews should be tailored to assess development maturity and risk and to determine readiness to proceed to the next phase. Technical Reviews waste valuable Government and contractor time and should be eliminated to allow more focus on program execution. The same standard set of Technical Reviews should always be conducted on every program to ensure the PM has complete data to support decisions. Technical Reviews are essential since they are vehicles for program problem solving and training new people on the details of the program. [Show More]

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