samueltheodoris
1 question with other items. Thank you. – The primary inputs to…
1 question with other items. Thank you.
– The primary inputs to the Budgeting phase come from the
1. Cost Analysis Requirements Description
2. Chairman’s Program Recommendations
3. Probable Cost
4. Components’ operational organizations & field activities
– PPBE is an events-driven system.
1. True or False
– The purpose of restricting the receipt of gifts from defense contractors is to discourage the appearance that a federal employee can be bribed to take an action in exchange for accepting free items
1. True or False
– The P-5 budget exhibit provides detailed cost information in a Work Breakdown Structure format to support the budget request for a particular Procurement line item summarized on the _ budget exhibit.
1. P-21 (Production Schedule) / 2. P-5 (Weapon System Cost Analysis) /
3. P-1 (Procurement Program) / 4. P-40 (Budget Justification Sheet)
– The president must sign the DoD appropriations bill after it has passed Congress for the bill to become law.
1. True or False
– The Programming Phase of PPBE is the process for convincing OSD and Congress to provide the necessary resources and then balancing the checkbook to ensure the resources are spent in accordance with the law.
1. True or False
– The preparation of issue papers occurs during the Programming Phase of the PPBE process?
1. True or False
– The Deputy Secretary of Defense may not reject the PBD.
1. True or False
– The _ is a DoD financial term expressing the value of the direct Defense program for a fiscal year, exclusive of the obligation authority from other sources such as reimbursable orders accepted.
1. President’s Budget / 2. Total Obligation Authority / 3. Spend Plan / 4, Budget Authority
– Planning is a meticulous process that begins about three years in advance of the budget year covered by the PPBE cycle?
1. True or False
– Which of the following is a principal player of the Budgeting phase?
1. Vice Chairman of the Joint chiefs of Staff
2. Program Review OSD (CAPE) Leads
3. Deputy Secretary of Defense
4. Under Secretary of Defense (Policy)
– The _ includes formulation and justification of the resource request. It is the process for convincing OSD and Congress to provide the necessary resources to support the priorities that were identified.
1. Planning / 2. Budgeting / 3. Programming / 4. Execution
– Budget analysts on the OSD Comptroller staff submit DoD’s package of budget exhibits to the Office of Management and Budget (OMB) and to Congress in support of the President’s Budget submission.
1. True or False
– Services ensure that mission essential requirements are at the highest priority level.
1. True or False
– What month(s) align with the Combined Programs and Budget Submissions (see Budgeting timeline)?
1. Aug-Dec / 2. Jul-Aug / 3. Feb / 4. Mar
– The financial manager ensures programs are fully funded; but is not responsible for proper obligation and expenditure of appropriated funds.
1. True or False
– There are three DoD Decision Support Systems. Of these three systems the two most tightly integrated are the _ (Select two).
1. PPBE / 2. DAS / 3. JCIDS
– Circular A-123 provides guidance to Federal managers on improving the accountability and effectiveness of Federal programs and operations by establishing assessing correcting and reporting on internal control. This Circular emphasizes the need for integrated and coordinated internal control assessments that synchronize al internal control-related activities.
1. True or False
– Which three of the four choices are considered principal players in the Programming Phase of the PPBE process?
1. Director, Cost Assessment and Program Evaluation (Official Lead)
2. Chairman and Vice Chairman, Joint Chiefs of Staff
3. Deputy Secretary of Defense
4. Inspector General
– Being engaged early in the process enables financial managers to be
1. Cooperative with management / 2. In lockstep with the program manager/ 3. Relevant to the program / 4. Key decision makers
– The Components, Combatant Commanders, Joint Staff and OSD Principal Staff Assistants may NOT nominate issues during the Programming Phase.
1. True or False
– The acquisition strategy is prepared before the program initiation decision (Typically Milestone B) and updated before all subsequent major program decision points. The financial manager updates financial related information whenever the strategy changes.
1. True or False
– The Army uses the GFEBs to document its Position in the Planning, Programming, Budgeting and Execution process.
1. True or False
Because the P-1 Procurement Programs Exhibit is a summary document all other procurement exhibits submitted for a line item must reconcile to the numbers shown on the P-1.
1. True or False
– Major Force Programs, Components, DoD and Appropriations are one of the major dimensions of the FYDP database.
1. True or False
– Who has the final Authority on disposition of Issue Papers?
1. Vice Chairman of the Joint Chiefs of Staff / 2. USD (Comptroller) / 3. Director CAPE / 4. Secretary of Defense
– Which three are considered principal players in the Planning Phase of the PPBE process?
1. Chairman, Joint Chiefs of Staff / 2. Combatant Commander /
3. Office of Management and Budget / 4. Under Secretary of Defense (Policy)
– Key information presented on the R-4 Schedule Profile Exhibit includes information about the timing of engineering milestones.
1. True or False
– The FMR process is established by the Secretary of Defense who provides priorities and goals under the main guidance of DoD Directive 7045.14 “Program Planning Budget & Execution” Process.
1. True or False
– The R-1 budget exhibit summarizes the budget requirements for a specific RDT&E appropriation account. Each R-1 budget exhibit line item (program element) is supported by a _ .
1. R-4 (Schedule Profile) / 2. R-2 (Budget Item Justification) / 3. R-3 (Program Element/Project Cost Analysis) / R-4a (RDT&E Schedule Detail)
– Volume 2A and 2B of the DoD 7000.14-R, Financial Management Regulation provide guidance for the formulation and presentation of budget exhibits to support the President’s Budget request to Congress.
1. True or False
– Financial managers analyze cost data to update the Acquisition Program Baseline and ensure that the program remains affordable and funded.
1. True or False
– The principles based on doing the right thing are called _. Select the 1 alternatives that applies.
1. Professional demeanor / 2. Stewardship / 3. Moral Values / 4. Ethics
– The Defense Planning Guidance reflects the National Security Strategy the National Defense Strategy and National Defense Strategy.
1. True or False
– The National Security Strategy is one of the key documents that influences the Defense Planning Guidance which “drives” the fiscal guidance in the Programming Phase? (Select one)
1. True or False
– Programming review phase usually begins around Aug/Sep and ends around Nov/Dec?
1. True or False
– As a financial manager you should never use your position for private gain by accepting compensation from a non-Federal sources for performing your official duties.
1. True or False
– All the following are steps in the Decision Support process EXCEPT:
1. State the Problem / 2. Identify the Alternatives / 3. Develop SARs Spreadsheets / 4. Evaluate the Alternatives
– A supervisor has many ethical responsibilities including personal compliance as well as an understanding of the ethics requirements and responsibilities that apply to him or her as a supervisor but is not responsible for ensuring that his or her employees understand the requirements for ethical compliance.
1. True or False
– The Defense Planning Guidance reflects the National Security Strategy, the National Defense Strategy and the National Emergency Strategy.
1. True or False
– The financial manager determines the contract approach and chooses the types of contracts the program use throughout the Acquisition Lifecycle.
1. True or False
Course: BFM 1000 (formerly BCF 110)
