clg 0010 dod governmentwide commercial purchase card overview exam

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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. TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? Which three of the following describe the Governmentwide Commercial Purchase Card? 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. b. Identify the requirement and ensure it fulfills a mission essential need. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? COM. A. 703-805 . a. Menier's disease b. using public office for private gain : 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. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam University Nevada State College Course Community health nursing (NUR 2611) Uploaded by Micah Brian Academic year2022/2023 Helpful? Review and ensure all Cardholder supporting documentation supports the payment. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? /////////////. c. conductive hearing loss Paying for repairs of privately owned equipment You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Ordering Officer purchases and payments. Increased data surveillance. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? In 2011, national health care At or below the micro-purchase Threshold from any vendor-Correct \text{Europe }&10,827&10,886\\ What are three authorized uses of the Governmentwide Commercial Purchase Card? COM. 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? f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. 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 . yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. \text{Weighted average number of shares outstanding (in thousands)}\\ CLG 0010 DOD GOV. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ Which there of the following statements are true? ), a. 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. (b) Use the graph of f(x)f^{\prime}(x)f(x) to determine where f(x)>0f^{\prime \prime}(x)>0f(x)>0, where f(x)<0f^{\prime \prime}(x)<0f(x)<0, and where f(x)=0f^{\prime \prime}(x)=0f(x)=0. What are three advantages of using the Governmentwide Commercial Purchase Card? b. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Violating a specific-use policy Increased information Prepare a graph for truck depreciation. What are two advantages of the Procurement Integrated Enterprise Environment? - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. &\textbf{Recent Year}&\textbf{Prior Year}\\ A merchant does not accept payment by credit card, The secretary of defense authorizes and increases in the micro-purchase threshold to 20,000 to support declared contingency operations in Afghanistan. C. Reduces DoD invoicing costs. Purchasing office supplies for home use through 2021. Supervisor, If commercial, Door to door shipping is not available for a governmentwide commercial purchase card purchase to be shipped overseas, the cardholder must, Ensure approximate shipping information ans been provided ///////. I dont know, Answers are wrong. Similar in nature to a commercial credit card. How many cardholder accounts may be rolled up under a managing account? How long does Foreign Military Sales documentation have to be retained following case closure? Total truck depreciation is $200,000 per year. It is used to solve problems in a variety of fields, including science, engineering, and finance. accept? TO DO 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? order now. 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. Requires a Primary Approving/Billing Official Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Ordering Officer purchases and payments, c. Commercial training requirements using the SF-182, Which of the following terms is defined as "the international use of the Government-, issued charge card in violation of applicable regulations"? Used to make mission-Essential Purchases CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. employee reimbursement by miscellaneous payment. CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Using public office for private gain, Which of the Governmetnwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?T02.E02, Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in which three of the following cases? Which three items describe external fraud? University of the Cordilleras (formerly Baguio Colleges Foundation), Question 11 National income NI is calculated by adjusting GDP for depreciation, Click the Cost Account ID column label to display the cost accounts hierarchy, B1B4F8E6-9018-4505-BCCC-CCAF1B564D47.jpeg, 20 Who teaches you English a By whom were you taught English b By whom are you, Natanson v Kline 187 Kan 186 354 P2d 670 1960 There is corresponding support for, In Allen v Sixteen Stirling Investments Pty Ltd 1974 4 SA 164 D the plaintiff, Consumer buying patterns especially of high value purchases have changed in the, Source Futura Group Total Cost 2469 Portion Cost 617 Portion Nos 4 Portion Size, Given the six year payback the worst case is that the payback occurs at the end, A block code is called a linear code when the mapping of the k information bits, bbbbbbbbbbbboooooooooooooooooootttttttttttttttttthhhhhhhhhhhhhhhh, Bruckner 201914 89 Antibody test to check if youve had coronavirus NHS web 27, 36 Essay 2 Important qualities of a good supervisor A supervisor needs to, AUTO 132 W10 Ignition System Operation Worksheet.docx, Define and discuss the concepts of patient experience and satisfaction.docx. Approving/billing Officer 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? Gives DoD access to information about what its components buy Semi-Annual Head of activity Reviews///// CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Last week she worked h overtime hours at double time. Which of the following is an appropriate circumstance for using a convenience check? Which three of the following constitute cardholder fraud? \hline 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 transaction date? Which option would you choose? 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. PUR. \quad\text{Basic}& 702,987 &687,910\\ The accountant will use a sample of future weekend guest bills to test the manager's claim. Violating a specific-Use Policy. b. Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. 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 man days of the transaction date?T06.E03, 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 be miscellaneous payment. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? The Cardholder must receive customized training. CLG 0010 DoD Governmentwide Commercial Card Exam. Ordering officer purchases and payments 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. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Campbell Incorporated reported the following information in their consolidated income statement for the years ended December 31, 2012 and 2013: 20132012Netincome(inthousands)$1,456,091$1,200,472Weightedaveragenumberofsharesoutstanding(inthousands)Basic702,987687,910Diluted713,456699,012\begin{array}{lrr} In five years, the value of Hybrid Golf is expected to be$270 million. What are the three examples of misuse of the Government Commercial Purchase Card? f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Interest penalties DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). 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. Objectives 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. A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? Agency/organization program coordinator 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. CLG 0010 DoD Governmentwide Commercial Card Exam 4.1 (12 reviews) Term 1 / 70 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? NY Times Paywall - Case Analysis with questions and their answers. b. Chamberlain College of Nursing. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from COM. Date on which the item/service was ordered c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. A. a. a. Slashes mean its wrong b. No Ordering officer may be appointed until they have received training commensurate with their delegated authority approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . Automatic suspension of accounts a. The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. Must be What are three advantages of using the Governmentwide Commercial Purchase Card? a. \quad\text{Diluted}& 713,456 &699,012\\ Bryce believes the current cost of capital for Birdie Golf is 11%. b. Agency/Organization Program Coordinator Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Vendor change card scanning capabilities Component Procedures may authorize DOD Governmentwide commercial Purchase Card ordering officers to make purchases up to the simplified acquisition threshold in which three of the following cases? Must not be Must be Is occasionally None of . Review and ensure all cardholder supporting documentation supports the payment. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Which three of the following describe the Governmentwide Commercial Purchase Card? What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. spending was $2.7 trillion, and it was projected to a. Who is the individual for ensuring the existence, accuracy, and legality of information on Which of the following are you authorized to. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Contract payments What is Step 2 of the Governmentwide Commercial Purchase Card Program process? PUR. Reduced Invoicing Costs CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. what are two advantages of the procurement integrated enterprise environment? Reconcile the monthly statement of account. 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. University Of South Africa. . You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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 three of the following are advantages of using the Governmentwide commercial purchase card? may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its 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. PUR. 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. 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. At 90 days past due, what happens to all Cardholders accounts associated with a Managing The government is not relieved of its obligation to pay for valid transactions made prior to the loss Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments What conclusion is appropriate when H0H_0H0 cannot be rejected? CLG 0010 DoD Governmentwide Commercial Purcha, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Lab 6 - Acid-Fast and Endospore Stain Quiz. After completing the course, please be sure to complete the survey at the end. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. Similar in nature to a commercial credit card Which of the following are you authorized to accept? b. MARKETING 305. How many Cardholder accounts may be rolled up under a Managing Account? Account? C. A new card or checks are issued. 20 laptops at $500 each for a total price of $10,000. Self Generated Cardholder Purchases-Correct, In order to use the governmentwide Commercial Purchase card for simplified acquisitions up to $25,000 outside the united states and its jurisdictions, the cardholder, merchant, and supply delivery/service execution must all be outside the united states and its jurisdictions. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. What are three authorized uses of the Governmentwide Commercial Purchase Card? Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Merchant, What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check, Determine when and where the card/checks were last seen//////. -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, In order to use the Governmentwide Commercial Purchase Card for simplified, acquisitions up to $25,000 outside the United States and its jurisdictions, the, Cardholder, merchant, and supply delivery/service execution must all be outside the, United States and its jurisdictions. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. 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. What are three advantages of using the Governmentwide Commercial Purchase Card? 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? Enables the Government to earn refunds Overseas purchases up to 25000 d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Complete appropriate Training CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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? 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? - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? Several personnel in your office have What is the opportunity cost of your choice? Clg 0010 dod governmentwide commercial purchase card. Purchase of accountable property

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