Free CDFM Budget and Cost Analysis Questions and Answers

To assess the performance of defense programs against their objectives

To identify cost savings and efficiencies within defense programs

To ensure alignment of budget proposals with strategic priorities

To all allocate alignment of budget proposals with strategic

Correct! Wrong!

Initial procurement cost only

Maintenance and operations costs only

Development, procurement , operations, maintenance, and disposal costs.

Disposal costs only

Correct! Wrong!

To determine the exact cost of a defense program

To identify the most significant cost drivers and assess their impact on total cost

To compare costs between different defense programs

To justify budget increases to Congress

Correct! Wrong!

A method to allocate funds incrementally over multiple years

A budget shortfall that must be addressed in future fiscal years

An increase in funding required to sustain a program beyond the current budget

A reduction in funding allocated to specific defense program

Correct! Wrong!

Parametric estimating

Analogous estimating

Bottom-up estimating

Top-down estimating

Correct! Wrong!

Premium Tests $49/moFREE January-2025