Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. What are three advantages of using the governmentwide commercial purchase card? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. b. COM. Approving/billing Officer the cardholder temporarily loses card privilege's Several personnel in your office have DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. certificate that costs $25. Similar in nature to a commercial credit card. 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. : 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. Classify truck depreciation and raw materials as variable or fixed costs. 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). Requires a Primary Approving/Billing Official . commercial training request using the SF-182, valued at or below $25,000, in lieu of an CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 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? an Managing Account Billing Statement. Total Dollar value of the transaction Which three of the following statements are true? 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. Write an exponential function that models the 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. The financial statements include all synergistic benefits from the merger. Includes billing for items not ordered Failing to certify "Purchase Card Certification Statements" on time using public office for private gain \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . 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. &\textbf{2013}&\textbf{2012}\\ Institution. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. 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. A merchant does not accept payment by credit card. Open-market micro-purchases. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Is a felonious act of corruption or attempt to cheat the government Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? In 2011, national health care Enables the Government to earn refunds 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. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? T06.E02. NY Times Paywall - Case Analysis with questions and their answers. Paying for repairs of privately owned equipmentc. I dont know, Answers are wrong. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Which three of the following describe the Governmentwide Commercial Purchase Card? Agency/organization program coordinator Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. Funds must be available to cover the check value and the banks processing fee [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 At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? 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! Course Hero is not sponsored or endorsed by any college or university. 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. C. Reduces DoD invoicing costs. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? You receive a request to purchase construction services. A. 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 EXAM Which three of the following constitute Cardholder fraud? 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. The accountant will use a sample of future weekend guest bills to test the manager's claim. (Select the three that apply). Public Notification-Correct price-icon. public notification. Which three of the following statements about convenience checks are true? In five years, the value of Hybrid Golf is expected to be$270 million. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Defense Acquisition University. how many days of the billing cycle end date? How long does Foreign Military Sales documentation have to be retained following case closure? 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 ///////. Cross), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Principles of Environmental Science (William P. Cunningham; Mary Ann Cunningham), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. 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Open-market micro-purchases CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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. payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? Similar in nature to a commercial credit cardb. B. /////, Frustrated freight may never reach the intended recipient. Decrease penalties for faulty disputes Must not be Must be Is occasionally None of . CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. national health care spending, y, in trillions, as a T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Ensure adequate Funds are available to make the payment 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. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. Violating a specific-Use Policy. Which three items describe external fraud? 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. Must not be Must be Is occasionally None of these 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. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Quicker Payment Decrease penalties for faulty disputes employee reimbursement by miscellaneous payment. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within T05.E03. You receive a request to purchase construction services. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. 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? requirement, so you return the item to the merchant. Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? 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? B. competition PUR. a. Menier's disease The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Total truck depreciation is $200,000 per year. 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? assessment. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? 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? 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? According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? 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 Automatic suspension of accounts Clarify mathematic. Who is the individual for ensuring the existence, accuracy, and legality of information on [Show More] UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Whose Responsibility is it to comply with government agency standards of conduct? Transactions where the governmentwide commercial purchase card is used as a method of payment CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. 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? Small business Any exams in this course must be passed with a minimum score of 80%. The Cardholder must receive customized training. support declared contingency operations in Afghanistan. Slashes mean its wrong What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. 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 there of the following statements are true? 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 B. Used to make mission-essential purchases. 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 . Both companies can borrow at an 8% interest rate. 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? Reduced invoicing costs The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. 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? Monthly Agency/organization program coordinator reviews///// \end{array} Which three of the following constitute Cardholder fraud? Bryce believes the current cost of capital for Birdie Golf is 11%. 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 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. Ordering Officer purchases and payments. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. \end{array} PUR. PUR. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. b. sensorineural hearing loss 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.
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