Industry Regulations & Compliance Flashcards
7 cards from real CAM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Industry Regulations & Compliance flashcards as text
A subcontractor with a $150 million flowdown effort on a DoD program would typically be subject to which EVMS requirement?
Answer: Flowdown of the EVMS clause requiring a validated, EIA-748-compliant system
Primes must flow down EVMS requirements to subcontractors meeting the applicable dollar thresholds.
Which action is an acceptable use of an Over Target Baseline (OTB) under EVMS compliance rules?
Answer: Formally reprogramming with customer coordination when the remaining budget is insufficient for remaining work
An OTB is a formal, customer-coordinated reprogramming action recognizing that remaining budgets are unrealistic for remaining work.
What is the CAM's primary compliance responsibility when actual costs are misbooked to the wrong control account?
Answer: Initiate a documented correcting transaction through the accounting system promptly
Misbooked costs must be corrected through documented accounting adjustments, not offset by manipulating budget or earned value.
Under EIA-748, work authorization documents must exist before work begins primarily to ensure that:
Answer: All effort is tied to authorized scope, schedule, and budget with clear responsibility
Work authorization establishes the formal link between authorized scope, budget, schedule, and the responsible manager before charges begin.
Which scenario would most likely trigger a government-initiated EVMS review for cause?
Answer: Recurring data anomalies such as frequent retroactive changes and unexplained variances
Patterns like repeated retroactive changes or unexplained data anomalies signal systemic problems and can trigger a review for cause.
NDIA's Integrated Program Management Division supports CAM compliance primarily by publishing:
Answer: The EIA-748 standard intent guide and related EVMS application guidance
NDIA IPMD publishes the EVMS Intent Guide and application guides that interpret EIA-748 guidelines for practitioners.
A CAM certifying monthly EVM data knowingly containing false performance figures could expose the contractor to liability under which law?
Answer: The False Claims Act
Knowingly submitting false performance or billing data to the government can create liability under the False Claims Act.