Which one of the following best describes the conditions under which a P-21 budg

Question

Which one of the following best describes the conditions under which a P-21 budget exhibit is required to be submitted?

When the program element funding is $1 million or more in any budget year covered by the budget request When an ACAT I program plans to award production contracts during the budget years(s) or has end items under contract that will not be delivered before the start of the first budget year When advance procurement funding is requested for a program that does not require specific authorization by Congress When a procurement line item is an aggregation of different end items requiring funding of less than $5 million apiece

Explanation / Answer

When an ACAT I program plans to award production contracts during the budget years(s) or has end items under contract that will not be delivered before the start of the first budget year

Because all the production contracts and delivery are given in the P-21 budget. Nothing can be beyong the budget of P-21 budget. If anything is beyond the purview of the budget, that will not be executed.

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