Course Hero is not sponsored or endorsed by any college or university. 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 . COM. b. commercial training request using the SF-182, valued at or below $25,000, in lieu of an -, You receive a request to purchase construction services. ), a. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. I dont know, Answers are wrong. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Similar in nature to a commercial credit cardb. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? 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DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. 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. No Ordering officer may be appointed until they have received training commensurate with their delegated authority 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 ///////. 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! Overseas purchases up to 25000 CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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? T01.E02, open market micro-purchase 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. Paying for repairs of privately owned equipmentc. order now. 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. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? Provide a vertical analysis of the regional segment revenues for both years. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. how many days of the billing cycle end date? Use the vertical axis for cost and the horizontal axis for cubic yards of cement. 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). COM. 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 answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question 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. 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. 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. Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Decrease penalties for faulty disputes T04.E02. 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. Contract payment 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? what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). In five years, the value of Hybrid Golf is expected to be$270 million. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ Small business Improves data quality and access. f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) Name of the requestor MARKETING 305. an Managing Account Billing Statement. f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. -Above or below the micro-purchase threshold against contract vehicles issued for the Component by a Contracting Officer that contain a provision authorizing order and payment by the GPC. C. public notification. Which two statements about Managing Accounts are true? DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Automatic suspension of accounts 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? A. - ANSWER-Increased scrutiny, 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? The Government Commercial Purchase Card used as the method of payment for . Reduced invoicing costs -, 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. 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. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? Students also viewed 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. Splitting requirements to avid card thresholds. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? \quad\text{Diluted}& 713,456 &699,012\\ B. 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? a. 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. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Round whole percents to one decimal place. 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. PUR. Must not be Must be Is occasionally None of . b. \end{array} - ANSWER-approving/billing official what is the cardholder statement of account?- ANSWER-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 These procedures will address requirements related to which three of the following? 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. After completing the course, please be sure to complete the survey at the end. Increased information A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. public notification. Write an exponential function that models the 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. B. Includes billing for items not ordered CLG0 0010 Test Review.pdf. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? 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 been needing new laptops, so this is a good time to take advantage of the increase and purchase Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? a. How many Cardholder accounts may be rolled up under a Managing Account? What are three authorized uses of the Governmentwide Commercial Purchase Card? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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. 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? 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Allow for maximum refunds- New You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. //////////. Total Dollar Value of the transaction Open-Market Micro-Purchases 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"? Automatic suspension of accountsc. - ANSWER-Abuse, 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 involved a purchase amount above the micro-purchase threshold. 1. b. T02.E03, 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?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. 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} Vendor change card scanning capabilities CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution 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? Violating a specific-Use Policy. Open-market micro-purchases grow at an average annual rate of 5.7% for 2011 Is a felonious act of corruption or attempt to cheat the government b. Purchases valued at more than $2,000. HESI A2 summaries, notes, assignments and practice exams for University. Total dollar value of the transaction Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. c. Purchasing items or extra quantity of items for resale or to give away to relatives. Bryce has asked you to analyze the financial aspects of the potential merger. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. What did you do wrong? 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? 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. University Of South Africa. Must not be Must be Is occasionally None of these 2. What are three examples of abuse of 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 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 - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Following; The Cardholder must receive customized training. 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 . c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? 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? You are interested in purchasing the common stock of Azure Corporation. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? -Paying for repairs of privately owned equipment -Purchasing power tools for personal use 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? ///- This one is correct/ T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Similar in nature to a commercial credit card PUR. The firm recently paid a dividend of $3 per share. 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? yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Dame of the requestor 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 information must be included on detailed/itemized receipts? CLG 0010 DoD Governmentwide Commercial Card Exam. 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. 20 laptops at $500 each for a total price of $10,000. Classify truck depreciation and raw materials as variable or fixed costs. [Show More] Preview 1 out of 5 pages Generating Your Document Report Copyright Violation Exam Details $6.45 Add To Cart Add To Wishlist Money Back Guarantee 24/7 Document English Business Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. a. A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? A. 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. 2 b. 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 Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Prepare a graph for raw materials. b. Contract payments Funds must be available to cover the check value and the bank's processing fee What is the Cardholder Statement of Account? Enables the Government to earn refunds 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 . Purchasing office supplies for home use. 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. Total truck depreciation is $200,000 per year. 2. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 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? a. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. 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. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. a. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? \end{array} Reduced invoicing costs Institution. b. Which three of the following describe the Governmentwide Commercial Purchase Card? C. Reduces DoD invoicing costs. Reconcile the monthly Statement of Account Which of the following are you authorized to At 90 days past due, what happens to all Cardholders accounts associated with a Managing Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? What are three authorized uses of the Governmentwide Commercial Purchase Card? Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Increased data surveillance. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. PUR. Hotel Guest Bills. c. Used to make mission-essential purchases. These procedures will address requirements related to which three of the following? 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? -Purchasing items or extra quantity of items for resale or to give away to relatives. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? 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? Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Reduced invoicing costsc. Contract payments. COM. False Authorized uses of the Governmentwide Commercial Purchase Card include: Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. After completing the course, please be sure to complete the survey at the end. The Bank must close the account a. Menier's disease (Select the three that apply. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. 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. CLG 001. Semi-Annual Head of activity Reviews///// Which of the following is an appropriate circumstance for using a convenience check? Gives DoD access to information about what its Components buy Which there of the following statements are true? The Government is not relieved of its obligation to pay for valid transactions made prior to the loss.
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