how many days of the billing cycle end date? Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. a. B. No Ordering officer may be appointed until they have received training commensurate with their delegated authority At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank TO DO 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 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 . When a merchant does not accept payment by credit card. Convenience checks must be secured in a locked container Which three of the following describe the Governmentwide Commercial Purchase Card? Reconcile the monthly statement of account. 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. 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. 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? a. In the African nation of Senegal, to enroll in school a child needs a birth 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. The Government Commercial Purchase Card used as the method of payment for . 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 Increased information 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? Ordering officer purchases and payments What are three authorized uses of the Governmentwide Commercial Purchase Card? Provide a vertical analysis of the regional segment revenues for both years. Must not be Must be Is occasionally None of . Name of the requestor Explain. 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? Used to make mission-essential purchases. Total truck depreciation is $200,000 per year. What did you do wrong? Allow for maximum refunds- New What are three advantages of using the Governmentwide Commercial Purchase Card? Defense Acquisition University. Enables the Government to earn refunds Violating a specific-Use Policy. whose responsibility is it to comply with Government agency standards of conduct? Which three of the following statements are true? This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. b. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. 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? 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. . 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? - 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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CLG 001 DoD Government Commercial Purchase Card. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating 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 (Select the three that apply), Avoid Pecuniary Liability-Correct 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. A. Sorry if its hard to read as well. Improves data quality and access. 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. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Quicker Payment Similar in nature to a commercial credit card. A. Ensure transactions are made with responsible merchants B. 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. - 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? Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Bundle contains 3 documents. T03.E02, What is he Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? Enables the Government to earn refunds Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? 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} C. A new card or checks are issued. [Show More] CLG 001. After completing the course, please be sure to complete the survey at the end. \end{array} Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? price-icon . You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. C. Reduces DoD invoicing costs. Review and ensure all cardholder supporting documentation supports the payment. We're available through e-mail, live chat and Facebook. Gives DoD access to information about what its Components buy . CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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? What are three advantages of using the Governmentwide Commercial Purchase Card? b. Local. 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. Express her total weekly salary algebraically. -Purchasing power tools for personal use assessment. Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? a. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. 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 is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Who is the individual for ensuring the existence, accuracy, and legality of information on 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. When you get back to the office, you realize that the envelope size will not meet the 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. (Select two). 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. COM. //////////. Automatic suspension of all Cardholder (CH) accounts. 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 The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. - 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? What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's .