clg 0010 dod governmentwide commercial purchase card overview exam

Local. Quicker Payment jurisdiction. Violating a specific-use Policy used to make mission-essential purchases. Objectives Increased Funding accept? a. involved a purchase amount above the micro-purchase threshold. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. 703-805 . Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. Wat are three examples of abuse of the Government Commercial Purchase Card? Reduced invoicing costs Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Ordering Officer purchases and payments, c. Commercial training requirements using the SF-182, Which of the following terms is defined as "the international use of the Government-, issued charge card in violation of applicable regulations"? Agency/organization program coordinator Automatic suspension of accountsc. who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment Defrauding the government Provide a vertical analysis of the regional segment revenues for both years. . CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? 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. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? \hline Consider the following: a. the problem of gridlock b. the increase in the size of the United States. 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? Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? 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 a. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Account? the Cardholder can dispute a convenience check after payment has been made 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 . 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. Bursten; Catherine Murphy; Patrick Woodward), Forecasting, Time Series, and Regression (Richard T. O'Connell; Anne B. Koehler), Psychology (David G. Myers; C. Nathan DeWall), Campbell Biology (Jane B. Reece; Lisa A. Urry; Michael L. Cain; Steven A. Wasserman; Peter V. Minorsky), Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. 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The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. 3. Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. (Select two). Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. Reduced invoicing costs 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? A. 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! Convenience checks must be secured in a locked container Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. national health care spending, y, in trillions, as a T06.E02. CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. 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. Interest penaltiesb. \hline After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. B. /////////////. The financial statements include all synergistic benefits from the merger. 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. 2. Bundle contains 3 documents. certificate that costs $25. Ensure transactions are made with responsible merchants b. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? . Small Business A merchant does not accept payment by credit card. 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? DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. what are three violations of these executive orders? 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. The firm recently paid a dividend of $3 per share. Following; Decrease penalties for faulty disputes CLG 0010 DoD Governmentwide Commercial Card Exam. Review and ensure all cardholder supporting documentation supports the payment. TO DO Includes billing for items not ordered b. sensorineural hearing loss In the African nation of Senegal, to enroll in school a child needs a birth The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Classify truck depreciation and raw materials as variable or fixed costs. What are three examples of abuse of the Governmentwide Commercial Purchase Card? T01.E02, open market micro-purchase Reduced Invoicing Costs Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? View more. Allow for maximum refunds- New \end{array} When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Explain. Which of the following are you authorized to. Round whole percents to one decimal place. By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. 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? 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? According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. Which three of the following statements about convenience checks are true? An unauthorized commitment is an agreement that is not binding solely because the agreement employee reimbursement by miscellaneous payment. grow at an average annual rate of 5.7% for 2011 DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). 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} You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. the cardholder temporarily loses card privilege's Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. been needing new laptops, so this is a good time to take advantage of the increase and purchase T05.E03. COM. CLG 001. . The accountant will use a sample of future weekend guest bills to test the manager's claim. T01.E03, Name of requester Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam University Nevada State College Course Community health nursing (NUR 2611) Uploaded by Micah Brian Academic year2022/2023 Helpful? avoid prompt payment interest What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? Sorry if its hard to read as well. - 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? At 90 days past due, what happens to all Cardholders accounts associated with a Managing a. A Cardholder's unauthorized purchase of power tools for personal useb. COM. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The Cardholder must receive customized training. using public office for private gain Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Hotel Guest Bills. b. how many days of the billing cycle end date? UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. What are three advantages of using the Governmentwide Commercial Purchase Card? Recovery of costs from governmentwide commercial Purchase Card officials 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 . CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. Open-Market Micro-Purchases 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. Last week she worked h overtime hours at double time. Improves data quality and access. c. Disruption to Government purchases. Which three items describe external fraud? You receive a request to purchase construction services. Specifically, he has asked you to answer the following questions. 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? Decrease penalties for faulty disputes Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Exceeding the applicable micro-purchase Threshold Automatic suspension of all Cardholder (CH) accounts. Supervisor c. Ordering Officer purchases and payments. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. ///- This one is correct/ CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year.

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clg 0010 dod governmentwide commercial purchase card overview exam

clg 0010 dod governmentwide commercial purchase card overview exam