SCMG 202 Module 2 Exam, Part II With Verified Answers

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SCMG 202 Module 2 Exam, Part II With Verified Answers.1) Full funding policy applies to the _______ appropriation category and states that ______. [Given programming and budgeting documents, relate t... he applicable funding policies to each of the five DoD appropriation categories of greatest interest to acquisition programs.] Procurement and Military Construction; DoD is to fund the total costs incurred to deliver a given quantity of useable end items. Research, Development, Test, and Evaluation (RDT&E); DoD is to fund the total costs incurred to develop and test a given quantity of useable end items. RDT&E; DoD is to fund the total costs to be incurred over a 12- month period. Procurement; DoD is to fund the total costs to be incurred over a 12- month period. 2) With regard to exceptions to the full funding policy, funds used to procure long lead items for a system with the intent to provide program continuity are known as ____________. [Identify two exceptions to the full funding policy.] Advance Procurement Multiyear Procurement Low Rate Initial Production (LRIP) [Show More]

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