Hey fans, it’s Multiple Choice Monday! You know the drill. We give you an acquisition-related word, phrase or acronym and you tell us what it means. Later, we tell you if you’re correct. Here goes: Rescission a) The cancellation of a weapon system requirement by the Military Services b) The cancellation, by the president, of budget authority that was previously appropriated but not yet obligated or spent c) Isn’t that what it’s called when the economy tanks? d) Cancellation of a program due to cost overruns
Posted on: Mon, 05 May 2014 14:51:50 +0000
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