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 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. Which three of the following are cardholder considerations before purchase? a. a. B. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Institution. At or below the micro-purchase Threshold from any vendor-Correct [Show more] Preview 2 out of 6 pages Enables the Government to earn refunds Review and ensure all cardholder supporting documentation supports the payment. Purchasing office supplies for home use Which three of the following describe the Governmentwide Commercial Purchase Card? T06.E02. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. B. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ 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! -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. Obtain Approval from the Agency/Organization Program Coordinator. b. used to make mission-essential purchases. What was Campbells basic earnings per share in 2012 and 2013? Reduces DoD Operating costs - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? 1. Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. b. sensorineural hearing loss Which of the following are you authorized to What are three advantages of using the Governmentwide Commercial Purchase Card? 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? What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Identify the requirement and ensure it fulfills a mission essential need. 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? At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating accept? PUR. 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. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. a. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from 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. competition The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training requests using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. Automatic suspension of all Cardholder (CH) accounts. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. In step 10 of the governmentwide commercial purchase card program, what are three pieces of information that should be included in the cardholder purchase log, Name of the requestor Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? A. Slashes mean its wrong Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? The Bank must close the account a. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. What are three authorized uses of the Governmentwide Commercial Purchase Card? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. - 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? 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 b. Reconcile the monthly Statement of Account. 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. Mathematics is the study of numbers, shapes, and patterns. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. c. Ordering Officer purchases and payments. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. price-icon. capital in Senegal. When you get back to the office, you realize that the envelope size will not meet the 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). 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. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Is a felonious act of corruption or attempt to cheat the government Gives DoD access to information about what its components buy 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 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. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. Decrease penalties for faulty disputes ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. through 2021. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. Giving preferential treatment to any person or organization //////////. 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. Click the card to flip Definition 1 / 70 Which of the following describe the Governmentwide commercial purchase card? COM. 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 . Failing to certify "Purchase Card Certification Statements" on time A Cardholder's unauthorized purchase of power tools for personal use 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. 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 Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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. Coordinate with their transportation service support office before initiating the transaction. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Complete appropriate Training How many cardholder accounts may be rolled up under a managing account? \end{array} 300. points. 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? Clg 0010 dod governmentwide commercial purchase card. Which three of the following statements are true? UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Exceeding the applicable micro-purchase Threshold Interest penalties Chamberlain College of Nursing. Is a felonious act of corruption or attempt to cheat the Government payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? Ordering Officer purchases and payments. 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, Convenience checks must be secured in a locked container How long does Foreign Military Sales documentation have to be retained following case closure? \quad\text{Basic}& 702,987 &687,910\\ Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank 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"? Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. What conclusion is appropriate when H0H_0H0 cannot be rejected? What are three advantages of using the Governmentwide Commercial Purchase Card? What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. T05.e01. Open-market micro-purchases. Competition-Correct Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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 Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. 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? Agency/organization program coordinator Total Dollar value of the transaction The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. 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. MARKETING 305. 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. These procedures will address requirements related to which three of the following? The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. transactions? employee reimbursement by miscellaneous payment. 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? What is the Cardholder Statement of Account? CLG0 0010 Test Review.pdf. 3. Total Dollar Value of the transaction Interest penalties commercial training request using the SF-182, valued at or below $25,000, in lieu of an 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. 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? There is no time limit for completing this course. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. 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% ? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com b. After completing the course, please be sure to complete the survey at the end. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. 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. T07.E01, failing to certify Purchase Card Certification Statements" on time Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? -Purchasing items or extra quantity of items for resale or to give away to relatives. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Paying for repairs of privately owned equipmentc. Write an exponential function that models the 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. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. 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?