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An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? The government is not relieved of its obligation to pay for valid transactions made prior to the loss 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. ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. (select the three that apply) - ANSWER-1. an Managing Account Billing Statement. a. 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. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. 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? CLG 0010 EXAM Which three of the following constitute Cardholder fraud? CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. requirement, so you return the item to the merchant. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment 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 . At 90 days past due, what happens to all Cardholders accounts associated with a Managing 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. Objectives Download Course Objectives Target Attendees Students also viewed The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Automatic suspension of accounts Increased information Date on which the item/service was ordered. B. 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. 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. 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 . Contract payments Enables the Government to earn refunds 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 a total price of $10,000, 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, Avoid Prompt payment interests Which of the following is an appropriate circumstance for using a convenience check? 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? Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. 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? The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to 20 laptops at $500 each for a total price of $10,000. Interest penalties Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Account? If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Objectives Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. How long does Foreign Military Sales documentation have to be retained following case closure? Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Supervisor Disruption to Government Purchases. What is the opportunity cost of your choice? Which two statements about Managing Accounts are true? The financial statements include all synergistic benefits from the merger. the Cardholder can dispute a convenience check after payment has been made C. Ensure transactions are made with responsible merchants. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Reconcile the monthly Statement of Account. What are three advantages of using the governmentwide commercial purchase card? What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. Several personnel in your office have d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? b. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Alabama State University. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Open-market micro-purchases a. b. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Reduced Invoicing Costs 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. payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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? public notification. national health care spending, y, in trillions, as a certificate that costs $25. T04.E02. Violating a specific-Use Policy. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. Defrauding the government The firm recently paid a dividend of $3 per share. b. whose responsibility is it to comply with Government agency standards of conduct? what did you do wrong? Name of the requestor Local. 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. [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 2. 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//////. 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? may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? University Of South Africa. the cardholder temporarily loses card privilege's Interest penaltiesb. Which three of the following describe the Governmentwide Commercial Purchase Card? What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? 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. In the African nation of Senegal, to enroll in school a child needs a birth CLG0 0010 Test Review.pdf. 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. The bank must close the account Splitting requirements to avid card thresholds. How long does Foreign Military Sales documentation have to be retained following case closure? A. What are two advantages of the Procurement Integrated Enterprise Environment? a. c. Disruption to Government purchases. b. 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? What are three authorized uses of the Governmentwide Commercial Purchase Card? What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? how many days of the billing cycle end date? The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. CLG 001. . Which three of the following are cardholder considerations before purchase? CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. 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-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? Mathematics is the study of numbers, shapes, and patterns. Prepare a graph for truck depreciation. Vendor change card scanning capabilities Which of the following is an appropriate circumstance for using a convenience check? B. CLG 0010. - 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 . Open-Market Micro-Purchases 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? 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. \end{array} CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. What is the Cardholder Statement of Account? Must be What are three advantages of using the Governmentwide Commercial Purchase Card? Allow for maximum refunds- New b. Agency/Organization Program Coordinator Provide a vertical analysis of the regional segment revenues for both years. b. 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? T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Dame of the requestor - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. 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. COM. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. PUR. 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? price-icon. Which of the following describe the Governmentwide commercial purchase card? 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,. 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 Approving/billing Officer B. competition CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. 5 c. 15 d. 40. \hline Classify truck depreciation and raw materials as variable or fixed costs. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. Open-market micro-purchases. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Would he still think so if he saw how the government runs today? Similar in nature to a commercial credit card. Adverse personnel actions Click the card to flip Definition 1 / 23 ? Ensure transactions are made with responsible merchants Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Specifically, he has asked you to answer the following questions. Hybrid Golf has 8 million shares of stock outstanding. 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. 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. Which of the following is an appropriate circumstance for using a convenience check? Which option would you choose? Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Last week she worked h overtime hours at double time. 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? -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. (b) Use the graph of f(x)f^{\prime}(x)f(x) to determine where f(x)>0f^{\prime \prime}(x)>0f(x)>0, where f(x)<0f^{\prime \prime}(x)<0f(x)<0, and where f(x)=0f^{\prime \prime}(x)=0f(x)=0.