Which DoD Instruction describes the criteria for Acquisition Categories?

Study for the Certified Defense Financial Manager (CDFM) Exam 1. Engage with flashcards and multiple choice questions, with hints and explanations for each query. Prepare confidently for your exam!

Multiple Choice

Which DoD Instruction describes the criteria for Acquisition Categories?

Explanation:
Acquisition Categories are used to determine the level of management oversight, documentation, and approval required for a program based on its estimated cost and risk. The DoD instruction that specifies the criteria for assigning these categories, including life-cycle cost thresholds and related oversight authorities, is DoDI 5000.2. This instruction defines how programs are classified as higher- or lower-visibility and outlines the corresponding governance and reporting requirements that follow from that classification. The other instructions in the list cover different aspects of the Defense Acquisition System and do not set the criteria for ACAT levels themselves, which is why DoDI 5000.2 is the correct reference for Acquisition Categories.

Acquisition Categories are used to determine the level of management oversight, documentation, and approval required for a program based on its estimated cost and risk. The DoD instruction that specifies the criteria for assigning these categories, including life-cycle cost thresholds and related oversight authorities, is DoDI 5000.2. This instruction defines how programs are classified as higher- or lower-visibility and outlines the corresponding governance and reporting requirements that follow from that classification.

The other instructions in the list cover different aspects of the Defense Acquisition System and do not set the criteria for ACAT levels themselves, which is why DoDI 5000.2 is the correct reference for Acquisition Categories.

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