c. Ordering Officer purchases and payments. Which three of the following statements about convenience checks are true? Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. A merchant does not accept payment by credit card. The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? Failing to certify "Purchase Card Certification Statements" on time 2. Transactions where the governmentwide commercial purchase card is used as a method of payment Slashes mean its wrong Use the vertical axis for cost and the horizontal axis for cubic yards of cement. Violating a specific-use Policy Specifically, he has asked you to answer the following questions. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ price-icon. Alabama State University. Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. PUR. The Cardholder must receive customized training. &\textbf{Recent Year}&\textbf{Prior Year}\\ Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Objectives Download Course Objectives Target Attendees CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. \text{APMEA*}&6,391&6,020\\ What are three authorized uses of the Governmentwide Commercial Purchase Card? Public Notification-Correct a. A. Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% Correct Answers Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and managemen. Prepare a graph for raw materials. Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? B. 1. These procedures will address requirements related to which three of the following? Automatic suspension of accounts Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. Hybrid Golf has 8 million shares of stock outstanding. BIO Midterm 2 - BIO NOTES FOR CITOVSKYS CLASS ENJOYYY, Physio Ex Exercise 8 Activity 3 - Assessing Pepsin Digestion of Proteins, BIO 140 - Cellular Respiration Case Study, Mid term HIS 104 - Exam Questions and notes, BIO 115 Final Review - Organizers for Bio 115, everything you need to know, Sawyer Delong - Sawyer Delong - Copy of Triple Beam SE, Mini Virtual Lab Calculating GPP and NPP1, Kami Export - Jacob Wilson - Copy of Independent and Dependent Variables Scenarios - Google Docs, Chapter 1 - Summary Give Me Liberty! Obtain Approval from the Agency/Organization Program Coordinator. Click the card to flip Definition 1 / 70 Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Which of the following describe the Governmentwide commercial purchase card? Which there of the following statements are true? Reduced invoicing costs A. who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment Ordering Officer purchases and payments. In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? The Government Commercial Purchase Card used as the method of payment for Account? Several Personnel in your office have been needing new laptops, so this is a good time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000, DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to, Avoid Prompt payment interests CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Which of the following are you authorized to accept? Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? The Government Commercial Purchase Card used as the method of payment for . Reconcile the monthly Statement of Account Which three of the following describe the Governmentwide Commercial Purchase Card? Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. A. T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? You are interested in purchasing the common stock of Azure Corporation. a. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. competition Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? C. A new card or checks are issued. 20 laptops at $500 each for a total price of $10,000. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Authorized uses of the Governmentwide Commercial Purchase Card include (select three) correct answers Existing Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated . Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions, Which three of the following statements about convenience checks are true, Convenience checks must be secured in a locked container Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Agency/organization program coordinator What are three advantages of using the Governmentwide Commercial Purchase Card? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. A. Reduced Invoicing Costs CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Enables the Government to earn refunds Supervisor what did you do wrong? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Small Business an Managing Account Billing Statement. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) Description The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? grow at an average annual rate of 5.7% for 2011 In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of information that should be included in the Cardholder Purchase Log? Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. a. \text{Weighted average number of shares outstanding (in thousands)}\\ At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? A. Which three of the following are advantages of using the Governmentwide commercial purchase card? Which of the following is an appropriate circumstance for using a convenience check? Requires a Primary Approving/Billing Official T02.E03, What must the Cardholder do to become qualified to make Governmentwide Commercial Purchase Card purchases up to $25,000 outside of the United States and its jurisdictions?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions Click the card to flip What is Step 2 of the Governmentwide Commercial Purchase Card Program process? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Similar in nature to a commercial credit card A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. Increased information - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. /////////////. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from -Purchasing power tools for personal use - ANSWER-, If transactions not made by the Cardholder appear on the Statement of Account, the, Cardholder should dispute them with the card-issuing bank within how many days of the, Which of the following is an agreement that is not binding solely because the, Government representative who made it lacked the authority to enter into that, agreement on behalf of the government? Which three items describe external fraud? Ensure transactions are made with responsible merchants DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Must be What are three advantages of using the Governmentwide Commercial Purchase Card? These procedures will address requirements related to which three of the following? Decrease penalties for faulty disputes 00 Comments Please sign inor registerto post comments. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles Suspected ethics violations should be reported to: DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to, Allow for maximum refunds It is used to solve problems in a variety of fields, including science, engineering, and finance. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. \end{array} What did you do wrong? What is defined as any felonious act of corruption or attempt to cheat the Government, or corrupt the Government's agents by charge card program officials? through 2021. B. b. Reduced invoicing costs In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions. Recovery of cost from Governmentwide Commercial Purchase Card officials Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions - ANSWER-True The . a. (Select the three that apply. : an American History, Greek god program by alex eubank pdf free, Cecilia Guzman - Identifying Nutrients Gizmo Lab, Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Gives DoD access to information about what its Components buy, Empowers a single individual to handle all aspects of the purchasing process, Convenience checks must be secured in a locked container, The Cardholder can request that the bank stop payment on a check, Funds available to cover both the value and the banks processing fee, The Cardholder can dispute the convenience check after payment has been made, Is a felonious act of corruption or attempt to cheat the Government. Whose Responsibility is it to comply with government agency standards of conduct? B. competition Clg 0010 dod governmentwide commercial purchase card. In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of information that should be included in the Cardholder Purchase Log? A Cardholder's unauthorized purchase of power tools for personal use CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. b. T01.E02, open market micro-purchase Which of the following is an agreement that is not binding solely because the government representative who made it lacked the authority to enter into that agreement on behalf of the government?
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