Final answer:
A DA approved and authorized requirement equates to an approved financial commitment in the Defense Acquisition system, signifying that a project or procurement has received the necessary funding authorization to proceed.
Step-by-step explanation:
A DA approved and authorized requirement equates to an approved financial commitment within an organization, often related to the Defense Acquisition system.
It signifies that the funding for a specific project or procurement has been authorized by the Decision Authority (DA), who has the power to approve or disapprove the allotment of funds within the Defense Acquisition system.
This official endorsement means that the project can move forward, and resources can be allocated to fund the initiative. Having a DA approval is critical in the planning and execution of defense-related projects and ensures that the expenditure aligns with the strategic objectives and legal requirements of the military or defense department in question.