Acq 1010 Exam Questions And Answers

Stages of Budget Execution {Ans: Commitment Obligation Expenditure Outlay}Acquisition Categories Determinants {Ans: Dollar thresholds Level of Interest in Program}Misappropriation Act: {Ans: Funds can only be used for programs/ purposes for which appropriation was made}What are the Activities/Documents associated with the PPBE Budgeting phase? {Ans: - President's Budget submitted to Congress - Budget Resolution - Authorization Bill - Appropriation Bill - Apportionment}Reliability: {Ans: probability that item can perform its intended function for a specified interval under stated conditions}Test Process: Evaluation report of data is compiled {Ans: Prediction from Step 2 are compared with action measured outcomes}Acquisition Reform {Ans: streamline acquisition processes and eliminates cumbersome, outdated, bureaucratic ways of doing business}Procuring Contract Officer (PCO) {Ans: Contract responsibiity}The Goal of Acquisition Logistics is {Ans: supportablity}Maintainability {Ans: measure of a system's ability to be returned or restored to a specified condition by skilled maintenance personnel}Every Acquisition Program has 10 Logistics Support elements: {Ans: 1) Maintenance Planning 2) Manpower and Personnel 3) Training and Training Devices 4) Supply Support 5) Support Equipment 6) Facilities 7) Tech Data 8) Computer Resource Support 9) Packaging, Handling, Storage and Transportation 10) Design interfaces}Avaialability {Ans: degree to