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A program is likely to have its budget request adjusted during the Budgeting Phase of the PPBE, if it has repeatedly:

A. Failed to obligate 100% of its RDT&E funds by the end of the first year of execution

B. Failed to expend at least 90% of its Procurement funds by the end of the first year of execution

C. Failed to obligate at least 80% of its Procurement funds by the end of the first year of execution

D. Failed to expend at least 95% of its RDT&E funds by the end of the first year of execution

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92424466

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