CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. what did you do wrong? After completing the course, please be sure to complete the survey at the end. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% Correct Answers 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. Reduces DoD Operating costs which three of the following are cardholder considerations before purchase? The firm recently paid a dividend of $3 per share. Date on which the item/service was ordered CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 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 Click the card to flip 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 . 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. 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. Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. Express her total weekly salary algebraically. Recovery of cost from Governmentwide Commercial Purchase Card officials, 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. b. What are three advantages of using the Governmentwide Commercial Purchase Card? Violating a specific-Use Policy. 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? 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% ? B. Clg 0010 Training Slides - faqcourse.com A. NY Times Paywall - Case Analysis with questions and their answers. 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? 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? 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? It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. Following; d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? T04.E02. Reduces dod invoicing costs used to make mission-essential purchases. involved a purchase amount above the micro-purchase threshold. b. Gives DoD access to information about what its components buy - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam Supervisor through 2021. The Bank must close the account Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". b. Agency/Organization Program Coordinator 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? avoid prompt payment interest CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. Local. T05.e01. Which of the following are you authorized to accept? 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 Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. b. Which there of the following statements are true? \hline COM. Whose Responsibility is it to comply with government agency standards of conduct? Round whole percents to one decimal place. Funds must be available to cover the check value and the bank's processing fee Giving preferential treatment to any person or organization CLG 0010 DOD GOV N.docx - CLG 0010 DOD GOV. COM. PUR. CARD OVERVIEW Which of the following information must be included on detailed/itemized receipts? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles PUR. Take this Answer sheet with a grain of salt. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? requirement, so you return the item to the merchant. Which three of the following are cardholder considerations before purchase? Increased Funding Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Open-Market Micro-Purchases CLG 0010 DoD Governmentwide Commercial Card Exam What are three authorized uses of the Governmentwide Commercial Purchase Card? Which of the following is an appropriate circumstance for using a convenience check? A purchase exceeds the micro purchase threshold. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. 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. Reduced invoicing costsc. Dame of the requestor Study documents HESI A2 for University - Knoowy Ordering officer purchases and payments Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within COM. Total dollar value of the transaction Contract payment Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? - 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? -Purchasing power tools for personal use requirement, so you return the item to the merchant. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank . jurisdiction. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Automatic suspension of accounts A. 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? CLG 001 DoD Government Commercial Purchase Card. 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"? Coordinate with their transportation service support office before initiating the transaction. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. spending was $2.7 trillion, and it was projected to 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. national health care spending, y, in trillions, as a (Select the three that apply). Enables the Government to earn refunds order now. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? CLG 0010 Exam Questions and Answers (Graded A) Purchasing items or extra quantity of items for resale or to give away to relatives. [Show More] CLG 0010 DoD Governmentwide Commercial Card Exam a. A merchant does not accept payment by credit card. giving preferential treatment to any person or organization. CLG0 0010 Test Review.pdf. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Slashes mean its wrong Which of the following is an appropriate circumstance for using a convenience check? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? 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. 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. \end{array} The government is not relieved of its obligation to pay for valid transactions made prior to the loss When a merchant does not accept payment by credit card. 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 . The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 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 Decrease penalties for faulty disputes Avoid prompt payment interest 2. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ B. Splitting requirements to avid card thresholds. MARKETING 305. QUESTION Hotel Guest Bills. 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An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet Franklin will pay the entire note (principal and interest) on the notes maturity date. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? 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? At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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? Account? 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. CLG 001. test_prep. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. How long does Foreign Military Sales documentation have to be retained following case closure? 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. 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. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. PUR. In 2011, national health care \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ Used to make mission-essential purchases. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Purchasing office supplies for home use. After completing the course, please be sure to complete the survey at the end. 300. points. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Purchases valued at more than $2,000. Decrease penalties for faulty disputes CLG 001 DoD Governmentwide Commercial Purchase Card Overview been needing new laptops, so this is a good time to take advantage of the increase and purchase Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . CLG 0010 DoD Governmentwide Commercial Card Exam Similar in nature to a commercial credit cardb. Adverse personnel actions Violating a specific-use Policy CLG 0010 Exam with complete solutions.docx - CLG 0010 Exam Provide a vertical analysis of the regional segment revenues for both years. Is a felonious act of corruption or attempt to cheat the government Total truck depreciation is $200,000 per year. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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. 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? TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? c. Used to make mission-essential purchases. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. 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Decrease penalties for faulty disputes Reduced invoicing costs Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Approving/billing Officer a. 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. You receive a request to purchase construction services. Recovery of cost from Governmentwide Commercial Purchase Card officials 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 - ANSWER-True The . 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 . How many Cardholder accounts may be rolled up under a Managing Account? An unauthorized commitment is an agreement that is not binding solely because the agreement What are three examples of misuse of the governmentwide commercial Purchase card? 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 Interest penalties James Madison believed that the Constitution would produce effective government and good policies. CLG 0010. employee reimbursement by miscellaneous payment. 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. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. What are three violations of these Executive Orders?T06.E04, Defrauding the Government Ensure adequate Funds are available to make the payment According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. These procedures will address requirements related to which three of the following? Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. 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. In five years, the value of Hybrid Golf is expected to be$270 million. 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 . 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. Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. 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CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. what are three violations of these executive orders?