clg 0010 dod governmentwide commercial purchase card overview exam

Clg 0010 dod governmentwide commercial purchase card. Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". CLG 001. . What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Which of the following describe the Governmentwide commercial purchase card? You receive a request to purchase construction services. Interest penaltiesb. CLG 0010 DoD Governmentwide Commercial Card Exam. 1. Which there of the following statements are true? b. 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. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Which of the following are you authorized to Reconcile the monthly statement of account. giving preferential treatment to any person or organization. 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? 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 . Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. 2. national health care spending, y, in trillions, as a You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Exceeding the applicable micro-purchase Threshold a. Enables the Government to earn refunds ( c ) Verify that the given f(x)f(x)f(x) has f(x)f^{\prime}(x)f(x) as its derivative, and graph f(x)f(x)f(x) to check your conclusions in part (a). Vendor change card scanning capabilities CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. requirement, so you return the item to the merchant. Which of the following information must be included on detailed/itemized receipts? Purchasing items or extra quantity of items for resale or to give away to relatives. Institution. Students also viewed If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? the cardholder temporarily loses card privilege's Any exams in this course must be passed with a minimum score of 80%. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. In five years, the value of Hybrid Golf is expected to be$270 million. Classify truck depreciation and raw materials as variable or fixed costs. 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? whose responsibility is it to comply with Government agency standards of conduct? Preliminary observations of one worker at the station produced the following sample time (in minutes per package): 3.5,3.2,4.13.5,3.2,4.13.5,3.2,4.1, 3.6, 3.9. 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 Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . Supervisor These procedures will address requirements related to which three of the following? Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. : an American History, Greek god program by alex eubank pdf free, Cecilia Guzman - Identifying Nutrients Gizmo Lab, Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Gives DoD access to information about what its Components buy, Empowers a single individual to handle all aspects of the purchasing process, Convenience checks must be secured in a locked container, The Cardholder can request that the bank stop payment on a check, Funds available to cover both the value and the banks processing fee, The Cardholder can dispute the convenience check after payment has been made, Is a felonious act of corruption or attempt to cheat the Government. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. 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). Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Which three items describe external fraud? Monthly Agency/organization program coordinator reviews///// Splitting requirements to avid card thresholds. Hotel Guest Bills. a. CLG 001 DoD Government Commercial Purchase Card. -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, 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. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? 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. Reduces dod invoicing costs 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 . Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Recovery of costs from governmentwide commercial Purchase Card officials Consider the following: a. the problem of gridlock b. the increase in the size of the United States. 3. Alabama State University. CLG0 0010 Test Review.pdf. Agency/organization program coordinator 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. 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. 20 laptops at $500 each for a total price of $10,000. Violating a specific-use policy How long does Foreign Military Sales documentation have to be retained following case closure? 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? These procedures will address requirements related to which three of the following? Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official [Show more] Preview 2 out of 6 pages accept? Small business Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Contract payments Disruption to Government Purchases. 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. 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. Which of the following is an appropriate circumstance for using a convenience check? Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? (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. T01.E02, open market micro-purchase TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? 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. Click the card to flip Definition 1 / 23 ? 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 . CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. &\textbf{Recent Year}&\textbf{Prior Year}\\ T06.E02. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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? Includes billing for items not ordered Bundle contains 3 documents. Requires a Primary Approving/Billing Official Purchasing office supplies for home use The government is not relieved of its obligation to pay for valid transactions made prior to the loss used to make mission-essential purchases. b. 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. Which three of the following statements about convenience checks are true? Which three of the following are Cardholder. 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. support declared contingency operations in Afghanistan. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Cardholders who have been formally granted the appropriate authority in their Letter of Delegation 703-805 . The Bank must close the account Click the card to flip Definition 1 / 70 C. Ensure transactions are made with responsible merchants. \text{Weighted average number of shares outstanding (in thousands)}\\ 20 laptops at $500 each for a total price of $10,000. Automatic suspension of all Cardholder (CH) accounts. Would he still think so if he saw how the government runs today? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its What did you do wrong? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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? Which three of the following constitute Cardholder fraud? University Of South Africa. 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. Transactions where the governmentwide commercial purchase card is used as a method of payment Complete appropriate Training PUR. \text{APMEA*}&6,391&6,020\\ been needing new laptops, so this is a good time to take advantage of the increase and purchase Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? a. You are interested in purchasing the common stock of Azure Corporation. View more. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Review and ensure all cardholder supporting documentation supports the payment. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Course Hero is not sponsored or endorsed by any college or university. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. \quad\text{Diluted}& 713,456 &699,012\\ How many Cardholder accounts may be rolled up under a Managing Account? \end{array} Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. -Purchasing power tools for personal use involved a purchase amount above the micro-purchase threshold. Adverse personnel actions PUR. Which three of the following describe the Governmentwide Commercial Purchase Card? Paying for repairs of privately owned equipmentc. Reconcile the monthly Statement of Account. 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. Total truck depreciation is $200,000 per year. Which two statements about Managing Accounts are true? -, You receive a request to purchase construction services. -Purchasing items or extra quantity of items for resale or to give away to relatives. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ Semi-Annual Head of activity Reviews///// DoD's Governmentwide Commercial Purchase Card data to identify high-risk Which of the following are you authorized to. 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"? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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? \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Gives DoD access to information about what its components buy \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ A Cardholder's unauthorized purchase of power tools for personal use 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) what are two advantages of the procurement integrated enterprise environment? Which of the following are you authorized to accept? 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? MARKETING 305. Who is the individual for ensuring the existence, accuracy, and legality of information on a. Which three of the following constitute cardholder fraud? (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Terms of Use Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. It is used to solve problems in a variety of fields, including science, engineering, and finance. c. Disruption to Government purchases. Used to make mission-essential purchases. Review and ensure all Cardholder supporting documentation supports the payment. The firm recently paid a dividend of $3 per share. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. Suspected ethics violations should be reported to: Who is responsible for verifying proof of delivery for all governmentwide purchase card transactions during the monthly transaction review? 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? What are three examples of abuse of the Governmentwide Commercial Purchase Card? What are three authorized uses of the Governmentwide Commercial Purchase 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? Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com Increased information c. Ordering Officer purchases and payments. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. (Select the three that apply). Bryce has asked you to analyze the financial aspects of the potential merger. The financial statements include all synergistic benefits from the merger. Which of the following is an appropriate circumstance for using a convenience check? When you get back to the office, you realize that the envelope size will not meet the Specifically, he has asked you to answer the following questions. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. PUR. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? 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 Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? 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. jurisdiction. Violating a specific-Use Policy. 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 . : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. Work in Progress 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. Disruption to Government purchases. The Government Commercial Purchase Card used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. Approving/billing Officer Several personnel in your office have b. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and managemen . Violating a specific-use Policy Open-market micro-purchases Approving/Billing Officer, Frustrated freight may never reach the intended recipient. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? \hline 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 are cardholder considerations before purchase? Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. COM. Similar in nature to a commercial credit cardb. Contract 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//////. - 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? 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. 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. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da. 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? Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Giving preferential treatment to any person or organization Defrauding the government C. Reduces DoD invoicing costs. The Cardholder must receive customized training. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip a. 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. a. PUR. 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. Reduced invoicing costsc. Enables the Government to earn refunds What is the opportunity cost of your choice? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. 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 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 Improves data quality and access. What are three advantages of using the Governmentwide Commercial Purchase Card? What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? 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. T07.E01, failing to certify Purchase Card Certification Statements" on time An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Public Notification-Correct At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? ///- This one is correct/ 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 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? C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. (Select the three that apply. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. The study documents help you better prepare for exams and get higher grades. COM. Reduces DoD Operating costs CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. What did you do wrong? Bryce believes the current cost of capital for Birdie Golf is 11%. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Date on which the item/service was ordered. 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 a. function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. 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. B. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives.

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