ACQ202 Module 4 Exam, Part II 2021

1) Which test would a contractor conduct on a software item before they
integrate it with hardware? [Distinguish among various types of Developmental Test and
Evaluation (DT&E) (e.g., Production Qualification Tests, Production Acceptance Test and Evaluation,
etc.).] [Remediation Accessed :N]
Component
Testing
Environmental
Testing
Production Qualification
Testing
Production Acceptance Test and
Evaluation
L4.5
2) Spending plans serve as a tool to analyze program execution, an indicator
of potential problems, and a predictor of future program performance.
[Identify the use and importance of obligation and expenditure plans.]
Fals
e
True
3) The Comptroller's administrative reservation of funds for a specific
purpose is referred to as a(n): [Given a scenario, track budget execution through the
commitment, obligation, and expenditure process.]
Commitme
nt
Expenditur
e
Obligatio
n
Outla
y
4) What does it mean if a project has a Percent Spent of 90%, Percent
Scheduled of 85% and a Percent Complete of 95%? [Given performance data, detect
and analyze the impact of significant problem areas, based on the status indicators.]
[Remediation Accessed :N]
The project is in good shape and should finish early and within
budget.
The project is in trouble and needs to be
rebaselined.
L4.6
The project has sufficient funds but is running behind
schedule.
The project is ahead of schedule but needs more
funds.
5) The Earned Value Management (EVM) _________________ reveals how much it
will cost to complete the program based on current program status.
[Recognize the importance of Earned Value data in external reporting.]
Estimate at Completion
(EAC)
Budget at Completion
(BAC)
Budgeted Cost of Work Performed
(BCWP)
To Complete Performance Index
(TCPI)
6) If you have not been obligating your funds according to your obligation
plan, you may become a prime candidate for losing your funds to other
programs through __________. [Assess the impact of the failure to execute funds in
accordance with program plans.]
Reprogrammi