CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? \hline a. \text{APMEA*}&6,391&6,020\\ PUR. -Paying for repairs of privately owned equipment 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. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from 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! CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? 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. price-icon. -, 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. Total truck depreciation is $200,000 per year. Automatic suspension of accountsc. Public Notification-Correct The firm recently paid a dividend of $3 per share. support declared contingency operations in Afghanistan. spending was $2.7 trillion, and it was projected to MARKETING 305. Vendor change card scanning capabilities Which three of the following constitute Cardholder fraud? 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! 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? Ordering Officer purchases and payments. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Which of the following are you authorized to accept? You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. b. b. \quad\text{Basic}& 702,987 &687,910\\ When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Which two statements about Managing Accounts are true? 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? The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. 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. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ B. 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? How many Cardholder accounts may be rolled up under a Managing Account? Reconcile the monthly Statement of Account 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. 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: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. Which of the following is an appropriate circumstance for using a convenience check? 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. Which three items describe external fraud? 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? Several personnel in your office have been needing new laptops, so this is a god time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. assessment. b. Company Registration Number: 61965243 CLG0 0010 Test Review.pdf. DoD's Governmentwide Commercial Purchase Card data to identify high-risk Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. ), a. Following; 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. Agency/organization program coordinator Approving/billing Officer CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. (Select the three that apply. \hline a. Date on which the item/service was ordered. Who is the individual for ensuring the existence, accuracy, and legality of information on Ensure adequate Funds are available to make the payment 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 may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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. 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 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. Splitting what would have been an $11,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true? -, You receive a request to purchase construction services. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. 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. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. 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 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. What did you do wrong? Ensure transactions are made with responsible merchants 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 . PUR. Currently, similar-risk stocks have required returns of 10 %. a. What are three examples of misuse of the governmentwide commercial Purchase card? In 2011, national health care 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 The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} Paying for repairs of privately owned equipmentc. Which option would you choose? TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Interest penalties Which three of the following are cardholder considerations before purchase? You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. 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 the price of $10,000. jurisdiction. accept? COM. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. how many days of the billing cycle end date? By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 False Authorized uses of the Governmentwide Commercial Purchase Card include: -Above or below the micro-purchase threshold against contract vehicles issued for the Component by a Contracting Officer that contain a provision authorizing order and payment by the GPC. - 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? a. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 1. Bryce has asked you to analyze the financial aspects of the potential merger. 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? Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? 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? Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. Similar in nature to a commercial credit card. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Which three of the following describe the Governmentwide Commercial Purchase Card? (select the three that apply) - ANSWER-1. Funds must be available to cover the check value and the banks processing fee 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 . [Show more] Preview 2 out of 6 pages Which three items describe external fraud, Includes billing for items not ordered CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. Which of the following is an appropriate circumstance for using a convenience check? Click the card to flip Definition 1 / 23 ? avoid prompt payment interest (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. B. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Total Dollar Value of the transaction What are the three examples of misuse of the Government Commercial Purchase Card? B. competition Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? CLG 0010 DoD Governmentwide Commercial Card Exam. 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. You receive a request to purchase construction services. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? Franklin will pay the entire note (principal and interest) on the notes maturity date. 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 (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. ///- This one is correct/ A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? b. Exceeding the applicable micro-purchase Threshold a. CLG 0010. 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. Name of the requestor Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. Complete appropriate training What are three examples of abuse of the Governmentwide Commercial Purchase Card? certificate that costs $25. what are three violations of these executive orders? Open-market micro-purchases Requires a Primary Approving/Billing Official 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 The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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. These procedures will address requirements related to which three of the following? the Cardholder can dispute a convenience check after payment has been made Which three of the following statements are true? T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. Alabama State University. Violating a specific-Use Policy. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. The Government Commercial Purchase Card used as the method of payment for Reduced invoicing costs Consider the following: a. the problem of gridlock b. the increase in the size of the United States. . Which there of the following statements are true? What are three authorized uses of the Governmentwide Commercial Purchase Card? These procedures will address requirements related to which three of the following? Decrease penalties for faulty disputes through 2021. 300. points. Competition-Correct Local. These procedures will address requirements related to which three of the following? T04.E02. Wat are three examples of abuse of the Government Commercial Purchase Card? Similar in nature to a commercial credit card a. 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? Privacy Statement, Stuvia is not sponsored or endorsed by any college or university, Pennsylvania State University - All Campuses, Rutgers University - New Brunswick/Piscataway, University Of Illinois - Urbana-Champaign, Essential Environment: The Science Behind the Stories, Everything's an Argument with 2016 MLA Update, Managerial Economics and Business Strategy, Primates of the World: An Illustrated Guide, The State of Texas: Government, Politics, and Policy, IELTS - International English Language Testing System, TOEFL - Test of English as a Foreign Language, USMLE - United States Medical Licensing Examination, CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022). PUR. c. Used to make mission-essential purchases. You are interested in purchasing the common stock of Azure Corporation. What is the artificial intelligence Data Mining platform that automatically analyzes 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? /////////////. 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? Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. order now. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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. NY Times Paywall - Case Analysis with questions and their answers. At 90 days past due, what happens to all Cardholders accounts associated with a Managing Interest penalties 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? PUR. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. 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. - 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? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Which of the following are you authorized to accept?

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