clg 0010 dod governmentwide commercial purchase card overview exam

Total Dollar Value of the transaction CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. What are three violations of these Executive Orders?T06.E04, Defrauding the Government TO DO You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Which three of the following statements are true? Review and ensure all Cardholder supporting documentation supports the payment. Bundle contains 3 documents. Wat are three examples of abuse of the Government Commercial Purchase Card? public notification. 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. How many Cardholder accounts may be rolled up under a Managing Account? Which three of the following are Cardholder. Any exams in this course must be passed with a minimum score of 80%. Currently, similar-risk stocks have required returns of 10 %. 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. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? What did you do wrong? At or below the micro-purchase Threshold from any vendor-Correct used to make mission-essential purchases. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? A merchant does not accept payment by credit card. a. NY Times Paywall - Case Analysis with questions and their answers. - ANSWER-, 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, 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? Which three of the following statements about convenience checks are true? In the African nation of Senegal, to enroll in school a child needs a birth The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. 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 Which three of the following describe the Governmentwide Commercial Purchase Card? Bryce believes the current cost of capital for Birdie Golf is 11%. Last week she worked h overtime hours at double time. TO1.E01, -Used to make mission-essential Purchases, Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement?T01.E04, The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to support declared contingency operations in Afghanistan. CLG 001 DoD Government Commercial Purchase Card. b. Agency/Organization Program Coordinator Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. T06.E02. 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. Commercial Training requirements using the SF-182-New. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? These procedures will address requirements related to which three of the following? What are three examples of abuse of the Governmentwide Commercial Purchase Card? Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? Purchases valued at more than $2,000. Target Attendees 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 . test_prep. assessment. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. price-icon . How many Cardholder accounts may be rolled up under a Managing Account? a. PUR. Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. Supervisor 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} 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 how many days of the billing cycle end date? Several personnel in your office have (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. The Cardholder must receive customized training. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. Disruption to Government purchases. c. Disruption to Government purchases. Total truck depreciation is $200,000 per year. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Purchase of accountable property 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. Reduced Invoicing Costs Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. 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? The Government Commercial Purchase Card used as the method of payment for CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. A. capital in Senegal. Prepare a graph for truck depreciation. University Of South Africa. Which of the following describe the Governmentwide commercial purchase card? Students also viewed (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. -Purchasing items or extra quantity of items for resale or to give away to relatives. CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. certificate that costs $25. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 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? 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? 3. Reconcile the monthly Statement of Account After completing the course, please be sure to complete the survey at the end. CLG 001. test_prep. 20 laptops at $500 each for a total price of $10,000. 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 is not relieved of its obligation to pay for valid transactions made prior to the loss what are three violations of these executive orders? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Which of the following is an appropriate circumstance for using a convenience check? CLG 0010 DOD GOV. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. Includes billing for items not ordered Ensure transactions are made with responsible merchants spending was $2.7 trillion, and it was projected to What did you do wrong? Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. 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. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. PUR. c. Ordering Officer purchases and payments. 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. Defrauding the government C. Reduces DoD invoicing costs. Overseas purchases up to 25000 the cardholder temporarily loses card privilege's Mathematics is the study of numbers, shapes, and patterns. c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? 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? 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. 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. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. -Purchasing power tools for personal use CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. CLG 0010. 6. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. c. Used to make mission-essential purchases. -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. employee reimbursement by miscellaneous payment. Date on which the item/service was ordered 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. Automatic suspension of accountsc. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Which three of the following are advantages of using the Governmentwide commercial purchase card? Total Dollar value of the transaction There is no time limit for completing this course. Authorized uses of the Governmentwide Commercial Purchase Card include: Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 1. You receive a request to purchase construction services. T05.e01. Reconcile the monthly Statement of Account. C. Ensure transactions are made with responsible merchants. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Open-Market Micro-Purchases What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? a. Reconcile the monthly statement of account. Both companies can borrow at an 8% interest rate. 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. COM. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. . QUESTION T07.E01, failing to certify Purchase Card Certification Statements" on time CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Clarify mathematic. 5 c. 15 d. 40. 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? Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? Paying for repairs of privately owned equipmentc. (Select the three that apply). (Select two). What is Step 2 of the Governmentwide Commercial Purchase Card Program process? 00 Comments Please sign inor registerto post comments. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? 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. 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? avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use 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. Provide a vertical analysis of the regional segment revenues for both years. 2. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? View more. What is the opportunity cost of your choice? 2 b. Franklin will pay the entire note (principal and interest) on the notes maturity date. How long does Foreign Military Sales documentation have to be retained following case closure? Reduces DoD Operating costs - 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? Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Is a felonious act of corruption or attempt to cheat the government jurisdiction. Chamberlain College of Nursing. Similar in nature to a commercial credit card 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, Name of the requestor What are the three examples of misuse of the Government Commercial Purchase Card? The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. c. conductive hearing loss a. These procedures will address requirements related to which three of the following? 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? Paying for repairs of privately owned equipment, in step 12 of the governmentwide commercial purchase card program process, what are three Situations in which the acceptor must ensure written independent receipt and acceptance, Purchase of accountable property

clg 0010 dod governmentwide commercial purchase card overview exam 2023