1) Which one of the following best describes the conditions under which a P-5a budget exhibit is required to be submitted? When a P-40a budget exhibit is prepared When a P-3a budget exhibit is prepared When a P-10 budget exhibit is prepared When a P-5 budget exhibit is prepared 2) The PPBE process is driven by the legal requirement to submit the President’s Budget (PB) to Congress by the: Last Friday in January First Monday in October First Monday in February First Monday in October 3) All of the following would likely trigger a question or adjustment by a budget analyst reviewing a budget request, EXCEPT: Construction program budgeted on a full funding basis Construction program used a Procurement escalation index Program’s obligations and expenditures are significantly lower than goals Budget request is not consistent with the program’s current cost estimates and schedule 4) Which one of the following statements regarding Earned Value (EV) information is FALSE? The EV information should relate work performed to associated budgets and schedules When required, EV information should be a contract deliverable For maximum objectivity, the Program Office should not use EV information obtained from the contractor Program Managers can use EV information to manage program risk 5) Which one of the following best describes the conditions under which a P-1 budget exhibit is required to be submitted? When the line item funding is $5 million or more in the budget year When the program element funding is $1 million or more in the budget year When it covers a weapon system modification program whose costs exceed $5 million in any year covered by the budget request When any funding is requested under a particular Procurement appropriation 6) Which of the following statements are true concerning the R-1 budget exhibit? Select all that apply. It contains information on related non-RDT&E funding for acquisition programs It contains detailed cost information for RDT&E projects grouped into 4 categories: Product Development, Support Costs, Test and Evaluation, and Management Services It is prepared at the Component level All other RDT&E budget exhibits for a particular program element should reconcile to the R-1 7) The PPBE phase that develops affordable resource packages identifying force levels, personnel and funding required to execute DoD strategy is: Planning Budgeting
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