Total dollar value of the transaction After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. What is the Cardholder Statement of Account? Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? What are three examples of misuse of the governmentwide commercial Purchase card? Disruption to Government purchases. b. /////////////. Alabama State University. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Coordinate with their transportation service support office before initiating the transaction. You receive a request to purchase construction services. Which three of the following are advantages of using the Governmentwide commercial purchase card? CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da. 1. 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 certificate that costs $25. When you get back to the office, you realize that the envelope size will not meet the requirement, so you return the item to the merchant. B. No Ordering officer may be appointed until they have received training commensurate with their delegated authority James Madison believed that the Constitution would produce effective government and good policies. Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? 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. Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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. Agency/Organization Program Coordinator &\textbf{Recent Year}&\textbf{Prior Year}\\ The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? T07.E01, failing to certify Purchase Card Certification Statements" on time //////////. Which three of the following statements are true? Date on which the item/service was ordered - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? a merchant. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions Insight on Demand (IOD) Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier false d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. been needing new laptops, so this is a good time to take advantage of the increase and purchase Reduces dod invoicing costs COM. Date on which the item/service was ordered. spending was $2.7 trillion, and it was projected to Interest penaltiesb. A best practice calls for the card holder to reconcile transactions in the statement of account within how many days of the billing cycle end date? Ensure adequate Funds are available to make the payment Violating a specific-Use Policy. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. 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 After completing the course, please be sure to complete the survey at the end. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ 6. Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. a. A. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . \hline (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. Increased information If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely Disabled), the Cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. Disruption to Government Purchases. Terms of Use Which of the following is an appropriate circumstance for using a convenience check? \end{array} \text{Weighted average number of shares outstanding (in thousands)}\\ 2 b. Similar in nature to a commercial credit card. Must not be Must be Is occasionally None of these 2. Contract payments Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official 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? The Governmentwide commercial Purchase card ______ used as the method of payment for commercial training requests using the SF-182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment. Which three of the following describe the Governmentwide Commercial Purchase Card? 20 laptops at $500 each for a total price of $10,000. [Show More] Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. Exceeding the applicable micro-purchase Threshold Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ 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? Students also viewed Explain how this requirement is likely to affect the growth of human CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. 300. points. What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Automatic suspension of accounts There is no time limit for completing this course. NY Times Paywall - Case Analysis with questions and their answers. Interest penalties 1. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Small business C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. which three of the following are cardholder considerations before purchase? Any exams in this course must be passed with a minimum score of 80%. The Government Commercial Purchase Card used as the method of payment for . Franklin will pay the entire note (principal and interest) on the notes maturity date. capital in Senegal. 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 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. What are three advantages of using the governmentwide commercial purchase card? CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. b. Paying for repairs of privately owned equipment . &\textbf{(in millions)}&\textbf{(in millions)}\\ According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. support declared contingency operations in Afghanistan. CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? Approving/Billing Officer, Frustrated freight may never reach the intended recipient. PUR. 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 . -Purchasing items or extra quantity of items for resale or to give away to relatives. Which three of the following constitute Cardholder fraud? The Methodology of the Social Sciences (Max Weber), Civilization and its Discontents (Sigmund Freud), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), Give Me Liberty! c. Is committed by someone other than charge card program officials, An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. T04.E02. 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? Cardholders who have been formally granted the appropriate authority in their Letter of Delegation QUESTION After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Ordering Officer purchases and payments. B. If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? Reduced invoicing costs The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training requests using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. In 2011, national health care 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. Write an exponential function that models the What are the three examples of misuse of the Government Commercial Purchase Card? T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. 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. Transactions where the governmentwide commercial purchase card is used as a method of payment . Reduced Invoicing Costs Vendor change card scanning capabilities - ANSWER-Increased scrutiny, 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? PUR. Preliminary observations of one worker at the station produced the following sample time (in minutes per package): 3.5,3.2,4.13.5,3.2,4.13.5,3.2,4.1, 3.6, 3.9. 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 CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. 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. Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. using public office for private gain 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 Decrease penalties for faulty disputes Avoid prompt payment interest Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ PUR. Gives DoD access to information about what its Components buy -, You receive a request to purchase construction services. what are three violations of these executive orders? CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. Failing to certify "Purchase Card Certification Statements" on time According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? Identify the requirement and ensure it fulfills a mission essential need. Enables the Government to earn refunds employee reimbursement by miscellaneous payment. A purchase exceeds the micro purchase threshold. Agency/organization program coordinator f(x)f^{\prime}(x)f(x) and its graph are given. What was Campbells basic earnings per share in 2012 and 2013? . giving preferential treatment to any person or organization. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. What did you do wrong? \quad\text{Basic}& 702,987 &687,910\\ 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? Small business A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. You receive a request to purchase construction services. /////, Frustrated freight may never reach the intended recipient. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Which two statements about Managing Accounts are true? the Cardholder must: T05.E05. Quicker Payment jurisdiction. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. a. PUR. a. Monthly Agency/organization program coordinator reviews///// Reduced invoicing costs CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. ///- This one is correct/ 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? At or below the micro-purchase Threshold from any vendor-Correct What is the artificial intelligence Data Mining platform that automatically analyzes Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Reconcile the monthly Statement of Account. b. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Splitting requirements to avid card thresholds. 2. CLG 001. test_prep. T05.e01. Company Registration Number: 61965243 b. C. Reduces DoD invoicing costs. Prepare a graph for raw materials. through 2021. CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Work in Progress Similar in nature to a commercial credit card Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution These procedures will address requirements related to which three of the following? a. T01.E02, open market micro-purchase 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 Account? A. DoD's Governmentwide Commercial Purchase Card data to identify high-risk order now. Which of the following is a reason that 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: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? CLG 0010. 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. Institution. T06.E02. The Cardholder must receive customized training. Which option would you choose? Must be What are three advantages of using the Governmentwide Commercial Purchase Card? Paying for repairs of privately owned equipmentc. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Term 1 / 23 Which of the following is a cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? How many Cardholder accounts may be rolled up under a Managing Account? 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 . . Which of the following information must be included on detailed/itemized receipts? A Cardholder's unauthorized purchase of power tools for personal use 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 Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Which of the following is an appropriate circumstance for using a convenience check? (Select the three that apply). Which three items describe external fraud? A. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? Which three of the following statements about convenience checks are true? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. an Managing Account Billing Statement. What are three authorized uses of the Governmentwide Commercial Purchase Card? Whose Responsibility is it to comply with government agency standards of conduct? These procedures will address requirements related to which three of the following? b. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. b. Which of the following are you authorized to. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below 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 . function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. a. 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.
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