Total dollar value of the transaction Automatic suspension of accounts 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 ///////. 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. Transactions where the governmentwide commercial purchase card is used as a method of payment Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 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? Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. The financial statements include all synergistic benefits from the merger. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Which of the following actions will be taken for failure to certify a Managing Account (MA) Billing Statement within 90 days of the billing cycle end date? A. Reduced invoicing costs the Cardholder can dispute a convenience check after payment has been made COM. 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 Cardholder's account during the 30 calendar days of the billing cycle. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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? \hline At or below the micro-purchase Threshold from any vendor-Correct B. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. CLG 001. transactions? 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? Open-market micro-purchases. 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. Is a felonious act of corruption or attempt to cheat the Government 5 c. 15 d. 40. 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. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Interest penaltiesb. What is the artificial intelligence Data Mining platform that automatically analyzes 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. A Cardholder's unauthorized purchase of power tools for personal use The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. CLG 001 DoD Government Commercial Purchase Card. a. &\textbf{Recent Year}&\textbf{Prior Year}\\ CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Date on which the item/service was ordered Which of the following are you authorized to. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? B. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Which of the following information must be included on detailed/itemized receipts? (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Identify the requirement and ensure it fulfills a mission essential need. 2 b. 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 When you get back to the office, you realize that the envelope size will not meet the b. Interest penalties How many Cardholder accounts may be rolled up under a Managing Account? Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ Specifically, he has asked you to answer the following questions. Complete appropriate training spending was $2.7 trillion, and it was projected to Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Which there of the following statements are true? This price is several weeks income for many families. a. Menier's disease 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. Small Business Gives DoD access to information about what its components buy Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. capital in Senegal. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Explain. (Select the three that apply. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, 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. 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. Contract payments. 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? Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? price-icon. 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. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. \end{array} Reduced invoicing costs 703-805 . . Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. Monthly Agency/organization program coordinator reviews///// Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? 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. B. 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 Which three of the following constitute cardholder fraud? test_prep. In five years, the value of Hybrid Golf is expected to be$270 million. (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. 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. 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? 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. 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 c. Ordering Officer purchases and payments. a. MARKETING 305. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? 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. c. Disruption to Government purchases. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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. \end{array} What are two advantages of the Procurement Integrated Enterprise Environment? Ensure adequate Funds are available to make the payment CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? employee reimbursement by miscellaneous payment. through 2021. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? T04.E02. 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. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Similar in nature to a commercial credit card The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution 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. Paying for repairs of privately owned equipmentc. You are interested in purchasing the common stock of Azure Corporation. 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? Agency/Organization Program Coordinator////, In the event that a cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true. A. \text{Europe }&10,827&10,886\\ Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? Paying for repairs of privately owned equipment \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ Which of the following is an appropriate circumstance for using a convenience check? 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? Use the vertical axis for cost and the horizontal axis for cubic yards of cement. What are the three examples of misuse of the Government Commercial Purchase Card? Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? -, You receive a request to purchase construction services. TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? 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 government is not relieved of its obligation to pay for valid transactions made prior to the loss The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. Vendor change card scanning capabilities 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) T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. What are three advantages of using the Governmentwide Commercial Purchase Card? B. competition 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 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? Reconcile the monthly Statement of Account Name of the requestor 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? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Obtain Approval from the Agency/Organization Program Coordinator. Which of the following is an appropriate circumstance for using a convenience check? Slashes mean its wrong CLG 0010 DOD GOV. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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. Alabama State University. b. grow at an average annual rate of 5.7% for 2011 1. After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Public Notification-Correct What was Campbells basic earnings per share in 2012 and 2013? When a merchant does not accept payment by credit card. Decrease penalties for faulty disputes 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. - 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. 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 . Bryce believes the current cost of capital for Birdie Golf is 11%. CLG0 0010 Test Review.pdf. Which three of the following constitute Cardholder fraud? Convenience checks must be secured in a locked container 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 three of the following describe the Governmentwide Commercial Purchase Card? Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. b. Purchases valued at more than $2,000. a. How long does Foreign Military Sales documentation have to be retained following case closure? Must not be Must be Is occasionally None of these commercial training request using the SF-182, valued at or below $25,000, in lieu of an Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Failing to certify "Purchase Card Certification Statements" on time Adverse personnel actions Open-Market Micro-Purchases Must not be Must be Is occasionally None of . Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Competition-Correct 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 been needing new laptops, so this is a good time to take advantage of the increase and purchase Similar in nature to a commercial credit cardb.
