requirement, so you return the item to the merchant. 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 Agency/organization program coordinator Failing to certify "Purchase Card Certification Statements" on time 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. 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? . The government is not relieved of its obligation to pay for valid transactions made prior to the loss //////////. -Paying for repairs of privately owned equipment - 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? 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. This price is several weeks income for many families. Reconcile the monthly statement of account. 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. After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. f(x)f^{\prime}(x)f(x) and its graph are given. CLG 0010. avoid prompt payment interest PUR. Which there of the following statements are true? What did you do wrong? 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? Automatic suspension of accounts Which three of the following are cardholder considerations before purchase? What are three authorized uses of the Governmentwide Commercial Purchase Card? A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. 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 grow at an average annual rate of 5.7% for 2011 CLG 001. test_prep. Automatic suspension of accountsc. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. 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 Government wide Commercial Purchase Card Answered-2022. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? transactions? CLG 001 DoD Government Commercial Purchase Card. Work in Progress In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? T05.E03. -Purchasing items or extra quantity of items for resale or to give away to relatives. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. Terms of Use CARD OVERVIEW EXAM, Honors Spanish I - Day of the Dead Project, 96% CLGOO1O DoD Governmentwide Commercial Pur, CLG 001 DoD Government Commercial Purchase Ca, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Managerial Accounting- Supplemental Practice, Pathology and Common Symptoms Arthritis: OA,. b. Agency/Organization Program Coordinator Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Decrease penalties for faulty disputes commercial training request using the SF-182, valued at or below $25,000, in lieu of an c. Ordering Officer purchases and payments. price-icon . Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". \text{Weighted average number of shares outstanding (in thousands)}\\ how many days of the billing cycle end date? test_prep. 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? 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 . CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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//////. Round whole percents to one decimal place. ///- This one is correct/ What are three authorized uses of the Governmentwide Commercial Purchase Card? B. competition Review and ensure all Cardholder supporting documentation supports the payment. Paying for repairs of privately owned equipment Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. View more. Reduced Invoicing Costs Giving preferential treatment to any person or organization Similar in nature to a commercial credit card UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. The Bank must close the account What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Reduced invoicing costs Reduces dod invoicing costs At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank (select the three that apply) - ANSWER-1. Hybrid Golf has 8 million shares of stock outstanding. Name of the requestor Click the card to flip Definition 1 / 23 ? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. You are interested in purchasing the common stock of Azure Corporation. Reconcile the monthly Statement of Account. Write an exponential function that models the Open-market micro-purchases. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Is a felonious act of corruption or attempt to cheat the Government Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? 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? CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Express her total weekly salary algebraically. 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. used to make mission-essential purchases. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. COM. Violating a specific-use Policy \hline Funds must be available to cover the check value and the banks processing fee 300. points. b. HESI A2 summaries, notes, assignments and practice exams for University. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Objectives Download Course Objectives Target Attendees Decrease penalties for faulty disputes Purchasing items or extra quantity of items for resale or to give away to relatives. A purchase exceeds the micro purchase threshold. 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. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? QUESTION Which two statements about Managing Accounts are true? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. Similar in nature to a commercial credit card. 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. Interest penalties Which three of the following statements about convenience checks are true? Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Provide a vertical analysis of the regional segment revenues for both years. 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. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer Course Hero is not sponsored or endorsed by any college or university. 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? 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. A. What are three violations of these Executive Orders?T06.E04, Defrauding the Government Use the vertical axis for cost and the horizontal axis for cubic yards of cement. - 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? Transactions where the governmentwide commercial purchase card is used as a method of payment Public Notification-Correct DoD's Governmentwide Commercial Purchase Card data to identify high-risk DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). The 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. What is the Cardholder Statement of Account? Ordering Officer purchases and payments. Requires a Primary Approving/Billing Official 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. 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? Automatic suspension of all Cardholder (CH) accounts. 6. What is the opportunity cost of your choice? Which of the following are you authorized to accept? 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). 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? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 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 . 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. certificate that costs $25. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). a. I dont know, Answers are wrong. Who is the individual for ensuring the existence, accuracy, and legality of information on A. Click the card to flip Definition 1 / 70 Increased Funding Approving/Billing Officer, Frustrated freight may never reach the intended recipient. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Vendor change card scanning capabilities 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? Must not be Must be Is occasionally None of . Bundle contains 3 documents. Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. Download. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? a merchant. 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. Contract payment Date on which the item/service was ordered. 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 You receive a request to purchase construction services. A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. 5 c. 15 d. 40. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Students also viewed 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. 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. What are three examples of abuse of the 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. 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These procedures will address requirements related to which three of the following? Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Used to make mission-Essential Purchases What is the Cardholder Statement of Account? CLG 0010 Exam 100% Scored_ Spring 2022 1. 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. A. 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.
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