Interest penalties Which three of the following are advantages of using the Governmentwide commercial purchase card? Open-market micro-purchases price-icon. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? through 2021. 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). What did you do wrong? Is a felonious act of corruption or attempt to cheat the Government In five years, the value of Hybrid Golf is expected to be$270 million. The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. Open-market micro-purchases. Supervisor The Government Commercial Purchase Card used as the method of payment for . a. A Cardholder's unauthorized purchase of power tools for personal use Reduced Invoicing Costs : 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. c. conductive hearing loss what did you do wrong? 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? how many days of the billing cycle end date? Use the vertical axis for cost and the horizontal axis for cubic yards of cement. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Contract payments What is the opportunity cost of your choice? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. national health care spending, y, in trillions, as a b. What conclusion is appropriate when H0H_0H0 cannot be rejected? 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? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. an Managing Account Billing Statement. Date on which the item/service was ordered. T01.E02, open market micro-purchase COM. 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. 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. The government is not relieved of its obligation to pay for valid transactions made prior to the loss What are three examples of misuse of the governmentwide commercial Purchase card? 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. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. 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 . Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. Identify the requirement and ensure it fulfills a mission essential need. Includes billing for items not ordered Bryce has asked you to analyze the financial aspects of the potential merger. a. Menier's disease public notification. b. Recovery of costs from governmentwide commercial Purchase Card officials Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. &\textbf{(in millions)}&\textbf{(in millions)}\\ the cardholder temporarily loses card privilege's Convenience checks must be secured in a locked container Clg 0010 dod governmentwide commercial purchase card. \text{APMEA*}&6,391&6,020\\ Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? 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. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? 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? price-icon . UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Which of the following is an appropriate circumstance for using a convenience check? 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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? Institution. Must not be Must be Is occasionally None of these Which three items describe external fraud? c. Used to make mission-essential purchases. 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. 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. transactions? \hline Whose Responsibility is it to comply with government agency standards of conduct? Similar in nature to a commercial credit cardb. Vendor change card scanning capabilities PUR. 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. -, You receive a request to purchase construction services. A. Ordering Officer purchases and payments. What is the Cardholder Statement of Account? 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. (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. CLG 001. B. Last week she worked h overtime hours at double time. The bank must close the account Decrease penalties for faulty disputes Defense Acquisition University. A. Which of the following is an appropriate circumstance for using a convenience check? Terms of Use Reduced invoicing costs giving preferential treatment to any person or organization. Total Dollar value of the transaction commercial training request using the SF-182, valued at or below $25,000, in lieu of an -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. -Paying for repairs of privately owned equipment Must not be Must be Is occasionally None of these 2. What are two advantages of the Procurement Integrated Enterprise Environment? Adverse personnel actions CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Explain. 3. Complete appropriate Training c. Disruption to Government purchases. -, 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. Cross), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Principles of Environmental Science (William P. Cunningham; Mary Ann Cunningham), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. 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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? Interest penaltiesb. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? 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. B. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? 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. 5 c. 15 d. 40. C. A new card or checks are issued. How many Cardholder accounts may be rolled up under a Managing Account? Objectives - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a.

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