1. Which one of the following best describes the primary purpose of the Programming phase of the PPBE process?

Develop affordable resource packages identifying force levels, personnel and funding required to execute DoD`s strategy

To plan for contingency operations overseas

Ensure that requests for resources are efficient and defensible before Congress

Describe DoD strategy and requirements to counteract national security threats

2. All else constant, the net present value of a typical investment project increases when

A) the discount rate increases.

B) each cash inflow is delayed by one year.

C) the initial cost of a project increases.

D) the discount rate decreases.

E) all cash inflows are moved to the last year of the project.