Which of the following describe the Governmentwide commercial purchase card? Total truck depreciation is $200,000 per year. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Objectives Which option would you choose? yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. 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 . 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? A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Specifically, he has asked you to answer the following questions. Which of the following information must be included on detailed/itemized receipts? T01.E02, open market micro-purchase Who is the individual for ensuring the existence, accuracy, and legality of information on Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Open-market micro-purchases Which three items describe external fraud? 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. A. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Bryce believes the current cost of capital for Birdie Golf is 11%. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . View more. Date on which the item/service was ordered. Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. 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. CLG0010 Test 100%.pdf - Test Results - Elizabeth Drumm 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 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? 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? MARKETING 305. 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 - 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? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. A. b. 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 $25,000, in lieu of an employee reimbursement be miscellaneous payment. Merchant, What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check, Determine when and where the card/checks were last seen//////. DoD's Governmentwide Commercial Purchase Card data to identify high-risk d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Similar in nature to a commercial credit card You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Allow for maximum refunds- New 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} Ordering Officer purchases and payments. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? been needing new laptops, so this is a good time to take advantage of the increase and purchase Quicker Payment 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. Reduced invoicing costs 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. 1. CLG 0010 DoD Governmentwide Commercial Card Exam purchasing items or extra quantity of items for resale or to give away to relatives Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. 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? CLG 001 DoD Governmentwide Commercial Purchase Card Overview C. public notification. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Clg 0010 dod governmentwide commercial purchase card overview exam Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. COM. 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. 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 the three examples of misuse of the Government Commercial Purchase Card? 20 laptops at $500 each for a total price of $10,000. Which three of the following constitute Cardholder fraud? What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Complete appropriate training 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! 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. (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. a. 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. T05.e01. Mathematics is the study of numbers, shapes, and patterns. public notification. Both companies can borrow at an 8% interest rate. Must not be Must be Is occasionally None of . The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. CLG0 0010 Test Review.pdf. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? How many cardholder accounts may be rolled up under a managing account? Convenience checks must be secured in a locked container a. Contract payments. giving preferential treatment to any person or organization. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. a. Last week she worked h overtime hours at double time. T05.E03. b. &\textbf{Recent Year}&\textbf{Prior Year}\\ Improves data quality and access. through 2021. CLG 001 DoD Government Commercial Purchase Card Overview Exam - Quizlet Must not be Must be Is occasionally None of these 2. 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). Prepare a graph for truck depreciation. Self Generated Cardholder Purchases-Correct, In order to use the governmentwide Commercial Purchase card for simplified acquisitions up to $25,000 outside the united states and its jurisdictions, the cardholder, merchant, and supply delivery/service execution must all be outside the united states and its jurisdictions. price-icon . T07.E01, failing to certify Purchase Card Certification Statements" on time Small Business 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? Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Gives DoD access to information about what its Components buy CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Which three of the following describe the Governmentwide Commercial Purchase Card? Funds must be available to cover the check value and the bank's processing fee 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. Coordinate with their transportation service support office before initiating the transaction. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? A. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. CLG 0010 DoD Governmentwide Commercial Purchase Card 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. Hinkle; Kerry H. Cheever), Hamric and Hanson s Advanced Practice Nursing 6th Edition Tracy O Grady Test Bank, BIOL1121 Self Quiz Unit 2 Attempt review.pdf, Coun 6626 Wk 7 quiz - Coun 6626 Wk 7 quiz, No one, since there is no requirement to report ethics violations, Procurement Business Intelligence Service (PBIS), 2022 NRP Practice EXAM Questions AND Answers ALL Solved Solution, Care_of_the_Patient_with_a_Musculoskeletal_Disorder, 2022 HESI RN EXIT EXAM V2 WITH Complete Solution, Business Professionals In Trai (BUSINESS 2000), Introduction to Curriculum, Instruction, and Assessment (D091), Management Information Systems and Technology (BUS 5114), Child and Early Adolescent Development and Psychology (ELM 200), Advanced Care of the Adult/Older Adult (N566), Managing Projects And Programs (BUS 5611), Pre service firefighter education and training (FSC-1106), Pediatric And Perinatal Clinical Nurse Specialist Practicum I (NUPR 569), Healthcare Strategic Management and Policy (HCM415), Professional Nursing Practicum (NUR - 4836C), Professional Application in Service Learning I (LDR-461), Advanced Anatomy & Physiology for Health Professions (NUR 4904), Principles Of Environmental Science (ENV 100), Operating Systems 2 (proctored course) (CS 3307), Comparative Programming Languages (CS 4402), Business Core Capstone: An Integrated Application (D083), C228 Task 2 Cindy - Bentonville - Passed with no revisions.