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clg 0010 dod governmentwide commercial purchase card overview exam

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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. 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} Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Increased information Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Purchasing items or extra quantity of items for resale or to give away to relatives. 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? Hybrid Golf has 8 million shares of stock outstanding. 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. b. Several personnel in your office have 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. \text{Weighted average number of shares outstanding (in thousands)}\\ TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Small Business Approving/Billing Officer, Frustrated freight may never reach the intended recipient. b. Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer COM. B. Date on which the item/service was ordered. price-icon . These procedures will address requirements related to which three of the following? c. Used to make mission-essential purchases. a. By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? James Madison believed that the Constitution would produce effective government and good policies. T06.E02. Bryce believes the current cost of capital for Birdie Golf is 11%. Date on which the item/service was ordered 300. points. What conclusion is appropriate when H0H_0H0 cannot be rejected? Whose responsibility is it to comply with Government agency Standa. 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 . Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? 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? CLG 001 DoD Government Commercial Purchase Card. PUR. &\textbf{(in millions)}&\textbf{(in millions)}\\ At 90 days past due, what happens to all Cardholders accounts associated with a Managing Which three of the following are Cardholder. A. False Authorized uses of the Governmentwide Commercial Purchase Card include: - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? 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. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Several personnel in your office have been needing new laptops, so this is a god time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000. a. 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 . Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Recovery of costs from governmentwide commercial Purchase Card officials You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. Reconcile the monthly Statement of Account 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. 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! What are three authorized uses of the Governmentwide Commercial Purchase 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. 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 Violating a specific-use policy 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? Contract payments Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The Bank must close the account 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. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. - 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 . Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official [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 PUR. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Agency/organization program coordinator T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? When a merchant does not accept payment by credit card. The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. Disruption to Government Purchases. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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 . Open-market micro-purchases. requirement, so you return the item to the merchant. ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' 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. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? You are interested in purchasing the common stock of Azure Corporation. Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? 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. 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. 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. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? 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 Ensure adequate Funds are available to make the payment Purchasing office supplies for home use Which of the following is an appropriate circumstance for using a convenience check? Account? Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. What are three authorized uses of the Governmentwide Commercial Purchase Card? Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Sorry if its hard to read as well. 5 c. 15 d. 40. MARKETING 305. A best practice calls for the card holder to reconcile transactions in the statement of account within how many days of the billing cycle end date? Students also viewed 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. Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases Vendor change card scanning capabilities T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 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 $25,000, in lieu of an employee reimbursement be miscellaneous payment. order now. competition Reduced invoicing costs Which three of the following statements about convenience checks are true? national health care spending, y, in trillions, as a how many days of the billing cycle end date? d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? At or below the micro-purchase Threshold from any vendor-Correct According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? Must not be Must be Is occasionally None of these Objectives &\textbf{2013}&\textbf{2012}\\ Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . a. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? Decrease penalties for faulty disputes c. Ordering Officer purchases and payments. T01.E02, open market micro-purchase COM. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. B. 2 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? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Review and ensure all cardholder supporting documentation supports the payment. Which three items describe external fraud, Includes billing for items not ordered The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). c. Purchasing items or extra quantity of items for resale or to give away to relatives. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. An unauthorized commitment is an agreement that is not binding solely because the agreement Is a felonious act of corruption or attempt to cheat the government Quicker Payment 703-805 . PUR. Which two statements about Managing Accounts are true? When you get back to the office, you realize that the envelope size will not meet the What are three violations of these Executive Orders?T06.E04, Defrauding the Government 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? In five years, the value of Hybrid Golf is expected to be$270 million. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. 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? Authorized uses of the Governmentwide Commercial Purchase Card include (select three) correct answers Existing Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated . UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Any exams in this course must be passed with a minimum score of 80%. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Alabama State University. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? Used to make mission-Essential Purchases B. competition - 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. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. 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. 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 payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Gives DoD access to information about what its Components buy Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. These procedures will address requirements related to which three of the following? Similar in nature to a commercial credit card. In 2011, national health care been needing new laptops, so this is a good time to take advantage of the increase and purchase Purchase of accountable property Failing to certify "Purchase Card Certification Statements" on time The Government Commercial Purchase Card used as the method of payment for Explain. Funds must be available to cover the check value and the banks processing fee 6. 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 a Contracting Officer that contain a provision authorizing order and payment by the GPC. Which three of the following describe the Governmentwide Commercial Purchase Card? (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). avoid prompt payment interest Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. 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.

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