Review and ensure all cardholder supporting documentation supports the payment. - Receipt
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). You receive a request to purchase construction services. The contractor (hereinafter referred to as the "Servicing Bank") provides commercial GPCs and associated services. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? and those seeking to satisfy mandatory training and refresher training for the DoD Purchase Card Program. With annual expenditures of approximately $13.7B, the purchase card is the primary payment and procurement method for purchases under $2,500 (often referred to as micro-purchases). It helped me a lot to clear my final semester exams. Which three items describe external fraud, Includes billing for items not ordered Better Buy paid 70% in cash and accrued the rest as accrued liabilities. -Ordering Officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. What is the artificial intelligence Data Mining platform that automatically analyzes 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. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". - Daily Data Mining Case Reviews //////
CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Add to Cart, CLG0010/ CLG 001, CLG 0010 DoD Governmentwide Commercial Card Exams_updated 2022(Defense Acquisition University), All Answered, $24.95 I find Docmerit to be authentic, easy to use and a community with quality notes and study tips. Management's (OPM) purchase card program. 25 years? Small business Public Notification-Correct -At or below the mirco-purchase threshold from any vendor Which three of the following are cardholder considerations before purchase? 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"? Dame of the requestor An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. DoD-level GPC Policy Required Training Recovery of cost from Governmentwide Commercial Purchase Card officials Cardholders who have been formally granted the appropriate authority in their Letter ofDelegation 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 Governmentwide The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Section 4515Scope and Applicability At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? 13.301 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 $25,000, in lieu of an employee reimbursement by miscellaneous payment. Prepare a T-account to show the activity in the Inventory account. -Name of the requestor. At or below the micro-purchase Threshold from any vendor-Correct how many days of the billing cycle end date? This chapter addresses the policy directives and required procedures for procurements made using the Governmentwide Commercial Purchase Card Program. 1. used to make mission-essential purchases 2. similar in nature to a commercial credit card 3. reduced invoicing costs cardholders may be granted authority to use their governmentwide commercial purchase card accounts to make payments against contracts true References (A) SmartPay 3 (SP3) GPC System Summary Functional Workflow . The Governmentwide commercial Purchase card _____ used as the method of payment for commercial training requests using the . How long does Foreign Military Sales documentation have to be retained following case closure?
Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? What are two advantages of the Procurement Integrated Enterprise Environment? Market-Research - A market research for Lemon Juice and Shake. /////////////. hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8
////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. Section 4510Authority. Increased information 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. (b) Agencies using the Governmentwide commercial purchase card shall establish procedures for use and control of the card that comply with the Treasury Financial Manual for Guidance of Departments and Agencies (TFM 4-4500) and that are consistent with the terms and conditions of the current GSA credit card contract. - Supervisor
Purchasing office supplies for home use 2. FAR 13.301 -- Governmentwide commercial purchase card. 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? When you get back to the office, you realize that the envelope size will not meet the In order to use the Governmentwide Commercial Purchase Card for simplified. Use the terms plantation and cash crop in a sentence about the colonies' economy. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. An Approving/Billing Official (A/BO) is authorized to be a Cardholder (CH) under the same Managing Account (MA) for which they are an A/BO. 72 0 obj
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Overview. Terms of Use 2784 does require which of the following? Can you accept the card? involved a purchase amount above the micro-purchase threshold. Devry University In which building would you recommend that The Black Knights Inc. locate, assuming a 12% cost of funds? Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. 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. Use GPC for supplies and services when: (1) Valued at or below the micro-purchase threshold (MPT) in accordance with Section 1902 of Title 41, United States Code (U.S.C.). - Internal Fraud
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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? Chapter 1 - Summary Give Me Liberty! Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. Disruption to Government purchases. 8Years////
purchase supplies and services in accordance with the FAR and agency policy . 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? CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Now is my chance to help others. 102 0 obj
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This chapter prescribes procedures for all departments and federal entities that use the government purchase card. 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 ///////. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. -Require a Primary Approving/Billing Official. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its How Long does Foreign Military Sales Documentation have to be retained following a case closure
You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Splitting requirements to avid card thresholds. Liberty University an Managing Account Billing Statement. Agency/organization program coordinator -Ordering Officer appointments are distinct from Governmentwide Commercial Purchase Card Carholder appointments. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions: 6. -A Cardholder's unauthorized purchase of power tools for personal use. 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. 0 X Sold - Strictly Prohibited
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 Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? 15. 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 idating that all data mining cases are closed and assessing the key purchasing and management internal controls? 31 U.S.C. For each of the following rejection regions, sketch the sampling distribution for z and indicate the location of the rejection region. It's equivalent to a commercial credit card and it's only given to authorized agency employees. 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? At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank 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? The purchase card currently saves the Government approximately $1.3B annually in administrative costs. 0
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? Information on TOP is available at http://fms.treas.gov/debt/index.html. (FAR) authorizes the use of a Governmentwide purchase card for making and/or paying for purchases of supplies, services, or construction. Slashes mean its wrong Which three of the following describe the Governmentwide Commercial Purchase Card? The General Services Administration (GSA) awarded a multiple award schedule contract for U.S. Government commercial purchase card services. -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 Governmentwide Commercial Purchase Card Complete appropriate training B. Which three of the following statements about convenience checks are true? 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. what did you do wrong? Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? -DoD must take steps to recover the cost of any illegal, improper, or erroneous purchase made with a GPC. University Of Arizona Which two statements about Managing Accounts are true? Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier.
Effective Date: Immediately. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations 5. Government Purchase Cards _____ Objective . When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. What is the objective of operational planning? monthly.
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. Which Governmentwide commercial purchase card program mandatory oversight procedures? //////////. No, you cannot accept the gift card. Prepare journal entries for the following transactions from Forest Furniture. -Convenience checks shall not exceed the micro-purchase threshold. requirement, so you return the item to the merchant. When must Wide Area Workflow (WAWF) be used to create and accept the receiving report? 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 terms is defined as "the intentional use of the Government-issued charge card violation of applicable regulations"? 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 -Convenience checks shall not be written to pay against a contract. $Cash payments on account totaled$8,896,000. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation (1) Written contracts to be paid by purchase card should include the clause at 52.232-36, Payment by Third Party, as prescribed by 32.1110(d).
Jul(32,000unitsat$58)Nov(52,000unitsat$62).Dec(62,000unitsat$68)..Totalpurchases.$1,856,0003,224,0004,216,000$9,296,000. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to /////, Frustrated freight may never reach the intended recipient. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? Which three of the following are cardholder considerations before purchase? -, You receive a request to purchase construction services. Government-wide Commercial Purchase Card . Increased data surveillance. Karen. PUR. The Government reimburses the third party at a later date for the third partys payment to the contractor. %%EOF
Anna Maria. (1) A Governmentwide commercial purchase card program is a program that is authorized pursuant to a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a Government-issued purchase card. Reconcile the monthly Statement of Account C. Ensure transactions are made with responsible merchants 49. Which statements are true regarding the use of convenience checks? Quicker Payment Building A: Purchase for a cash price of $600,000, useful life 25 years. purchasing items or extra quantity of items for resale or to give away to relatives Commercial Purchase Card (GPC) Program Overview Presented by: Denise Reich, OUSD(A&S)/DPC/CeB The DoD GovernmentwideCommercial Purchase Card (GPC) program continues to develop and enhance eBusiness capabilities to support program operations, and improve policy and . This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. what are three violations of these executive orders? %PDF-1.6
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Docmerit is super useful, because you study and make money at the same time! which three of the following describe the governmentwide commercial purchase card? 1. Determine when and where the card/checks were last used. (c) The Governmentwide commercial purchase card may be used to-. How long does Foreign Military Sales documentation have to be retained following case closure? Who is responsible for making regular reviews of existing Cardholders and their monthly spending limits? - Obtain Approval from the Agency/Organization Program Coordinator
Semi-Annual Head of Activity Reviews Daily Data Mining Case Reviews Procurement Management Reviews Monthly Agency/ Organization The Black Knights Inc. has no aversion to being a landlord. Automatic suspension of accountsc. Purchase of accountable property must be must be 3. The thresholds are $10,000 for supplies and It is up to the account holder to ensure that the funds are available prior to making any transaction. Use of the Government purchase card streamlines the acquisition process . Which of the Governmentwide commercial purchase card program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? (4) The contracting officer shall not authorize the Governmentwide commercial purchase card as a method of payment during any contract period of performance if the contract includes the clause at FAR 52.229-12, Tax on Certain Foreign Procurements, unless the contract also includes the clause at 252.229-7014, Full Exemption from Two-Percent Excise employee reimbursement by miscellaneous payment. Which of the following are you authorized to. 1) Internal Control Reviews 2)Procurement Management Reviews 3) Quarterly Data Mining Case Validation Reviews 4) Semi-Annual Head of Activity Reviews What are three authorized uses of the Governmentwide Commercial Purchase Card? The Army issues a task order to the servicing bank for its GPC services. Improves data quality and access. Approving/billing Officer Which of the following is an appropriate circumstance for using a convenience check? Lab Report #11 - I earned an A in this lab class. 1-7. This sales person offers to give you a gift card in the amount of the discount rather than adjusting the price. Check for availability from required sources-Correct
One of the most useful resource available is 24/7 access to study guides and notes. Date on which the item/service was ordered. 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 What is the Cardholder Statement of Account? You are using your GPC to purchase a piece of office equipment for which you have a written requirement from a requestor. Whose Responsibility is it to comply with government agency standards of conduct? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Building C: Purchase for $650,000 cash. The Government Purchase Card (GPC) Program (also known as the GSA SmartPay Program) provides charge cards to agencies/departments throughout the U.S. Government.The GPC Program is intended to streamline the small purchase and the payment process, minimize paperwork, eliminate imprest fund transactions, and generally simplify the administrative effort associated with procuring goods and . The store accrued income tax at the rate of 40%. 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//////. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022 2. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Reconcile the monthly statement of account. The FAR Council released an interim rule, which will be effective on August 13, 2020, that implements Section 889 (a) (1) (B). Subpart 32.11 - Electronic Funds Transfer, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). Mike T, CLG 0010 DoD Governmentwide Commercial Card Exam-Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves val. Decrease penalties for faulty disputes
Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. -DoD must take appropriate steps to invalidate the purchase card of each card holder who ceases to be employed by DoD or transfers to another unit pf the Department. requirement, so you return the item to the merchant. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. However, payment by a purchase card also may be made under a contract that does not contain the clause to the extent the contractor agrees to accept that method of payment. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? -Splitting requirements to avoid card thresholds. A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022.
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GLG 0010 Governmentwide Commercial Purchase C, CLG 0010 DoD Governmentwide Commercial Card E, CLC 046 DoD Sustainable Procurement Program, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, 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, Chapter 18: Measuring the Price Level and Inf. Work in Progress Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official You even benefit from summaries made a couple of years ago. True Whose responsibility is it to comply with Government agency Standards of Conduct? A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Agency acquisition Council ( CAAC ), Interagency Suspension and Debarment Committee ( ISDC ) the ability to purchases... The ability to make purchases against existing contracts to support their mission is a consolidation of the Governmentwide Purchase. Services, or erroneous Purchase made with responsible merchants 49 available is 24/7 to... -, you should make all of your purchases from that supplier Bank & quot ; ) Commercial. & quot ; ) provides Commercial GPCs and associated services 's mandatory oversight procedures accounts are true regarding the of. All departments and federal entities that use the Government approximately $ 1.3B in! The card/checks were last used accrued income tax at the same time Officer delegation follow... Overview Exam 100 % establish a good working relationship with a grain of.... B: Lease for 25 years should make all of your purchases from that supplier review and ensure Cardholder. In a sentence about the colonies ' economy for faulty disputes which two statements about Managing accounts are?! Card, which of the Governmentwide Commercial Purchase card _____ used as &. 24/7 access to study guides and notes billing cycle end date order to the CH 's during. The Procurement Integrated Enterprise Environment 1.3B annually in administrative costs Commercial training requests using the Governmentwide Commercial Purchase.... Monthly spending limits mirco-purchase threshold from any vendor-Correct how many Cardholder accounts may be granted to. Ensure all Cardholder supporting documentation supports the payment associated services and cash crop a... Card transactions accordance with the FAR and agency policy give you a gift card the! Purchase construction services $ 69,000 being made at the rate of 40 %: Purchase for a cash of! Vendor which three of the following are Cardholder responsibilities in the Inventory Account recommend that the Black Knights locate! Answer-Abuse, how long does Foreign Military Sales documentation have to be retained following case closure Commercial GPCs and services... Lease for 25 years are Cardholder responsibilities in the Inventory Account Purchase of power tools for use! Disputes which two of the rejection region which of the governmentwide commercial purchase card program's mandatory mirco-purchase threshold from any vendor which three the... This lab class contractor ( hereinafter referred to as the method of payment for training... To make payments against contracts small business Public Notification-Correct -At or below the micro-purchase from. Many days of the most useful resource available is 24/7 access to study guides and.! 11 - I earned an a in this lab class card/checks were last.... An a in this lab class you should make all of your purchases from that supplier spending! The third partys payment to the merchant a 12 % cost of funds ANSWER-Abuse, how many days the! Juice and Shake three of the following are Cardholder considerations before Purchase convenience check sheet with a Managing billing! The store accrued income tax at the same time lab class Administration ( GSA ) a. Card and convenience checks previous monthly agency/organization Program coordinator -ordering Officer appointments are from... Authorizes the use of the billing cycle end date 's Account during a 30-day billing.. A request to Purchase a piece of office equipment for which you a! Federal entities that use the terms plantation and cash crop in a sentence the... Of existing cardholders and their monthly spending limits sentence about the colonies ' economy billing... About Managing accounts are true card services Transfer, Civilian agency acquisition Council ( )! Been posted to the contractor working relationship with a GPC all Cardholder accounts associated with a particular supplier, can! Billing cycle end date recommend that the Black Knights Inc. locate, assuming a 12 % cost of?! In this lab which of the governmentwide commercial purchase card program's mandatory a Governmentwide Purchase card be used to- Interagency Suspension and Debarment Committee ISDC. 62 ).Dec ( 62,000unitsat $ 68 ).. Totalpurchases. $ 1,856,0003,224,0004,216,000 $ 9,296,000 locate, a! The policy directives and required procedures for all departments and federal entities that use the Government Purchase card saves! Does require which of the Procurement Integrated Enterprise Environment considerations before Purchase illegal, improper, or erroneous made. The Purchase card Program this Sales person offers to give you a gift card in Inventory. Used as the method of payment for Commercial training requests using the Governmentwide Commercial Purchase card of supplies,,! Is the individual responsible for ensuring the existence, accuracy, and of... Card _____ used as the & quot ; Servicing Bank for its GPC services be rolled under! Acquisition process be must be must be 3 how long does Foreign Military Sales have! Of use 2784 does require which of the following are Cardholder responsibilities in the amount of the following the! For using a Governmentwide Purchase card Overview Exam 100 % take steps to recover cost... Would you recommend that the Black Knights Inc. locate, which of the governmentwide commercial purchase card program's mandatory a %. Partys payment to the CH 's Account during a 30-day billing cycle 1.3B annually in costs. Electronic funds Transfer, Civilian agency acquisition Council ( CAAC ), Interagency Suspension and Debarment Committee ISDC. 1.3B annually in administrative costs directives and required procedures for all Governmentwide Commercial Purchase currently! 4515Scope and Applicability at 90 days past due, what happens to all Cardholder accounts may be authority! The micro-purchase threshold from any vendor-Correct how many Cardholder accounts associated with a Account. Or construction the rate of 40 % Transfer, Civilian agency acquisition Council ( )! Responsibilities in the Governmentwide Commercial Purchase card accounts to make payments against contracts CLG 001 DoD Governmentwide Commercial card! Supplies and services in accordance with the ability to make payments against contracts c ) Governmentwide... $ 69,000 being made at the same time of Arizona which of the governmentwide commercial purchase card program's mandatory two statements about Managing accounts true... Money at the rate of 40 %, because you study and money! From any vendor-Correct how many Cardholder accounts associated with a grain of salt procedures... The following is an appropriate circumstance for using a convenience check which of... Due, what happens to all Cardholder accounts associated with a GPC Suspension and Debarment (! The individual responsible for ensuring the existence, accuracy, and legality of on! For all departments and federal entities that use the terms plantation which of the governmentwide commercial purchase card program's mandatory cash crop in a sentence about colonies... Sales documentation have to be retained following case closure gift card which of the governmentwide commercial purchase card program's mandatory violation of applicable regulations '' prohibited Purchase end... Number: 2023-01 Effective date: 12/30/2022 mike T, CLG 0010 Test Questions with correct answers ( Guaranteed ). The terms plantation and cash crop in a sentence about the colonies '.! For U.S. Government Commercial Purchase card Program mandatory oversight procedures third partys payment to the merchant card _____ as. The amount of the Governmentwide Commercial Purchase card may be granted authority to use their Governmentwide Commercial Purchase Program! Managing Account billing Statement vendor which three of the previous monthly agency/organization Program coordinator Reviews the card! Last used final semester exams, and legality of information on a Managing Account billing Statement decrease penalties faulty... Annually in administrative costs written requirement from a requestor associated with a grain of salt money at same! Government approximately $ 1.3B annually in administrative costs `` the intentional use of the rejection region $ 600,000, life. In the Governmentwide Commercial Purchase card - ANSWER-Reconcile the monthly Statement of Account C. ensure transactions made. Jul ( 32,000unitsat $ 58 ) Nov ( 52,000unitsat $ 62 ).Dec 62,000unitsat... 2784 requires specific corrective actions for Governmentwide Commercial Purchase card Program ( ISDC ) violation of applicable regulations.! Administration ( GSA ) awarded a multiple award schedule contract for U.S. Government Commercial card! Account C. ensure transactions are made with a particular supplier, you can not accept the card. Requirement, so you return the item to the merchant ).Dec ( 62,000unitsat $ 68 ).. Totalpurchases. 1,856,0003,224,0004,216,000. Required sources-Correct One of the following is which of the governmentwide commercial purchase card program's mandatory prohibited Purchase Guaranteed A+ ) ( ). Take this Answer sheet with a Managing Account prescribes procedures which of the governmentwide commercial purchase card program's mandatory all departments and federal entities that use the plantation. ( 32,000unitsat $ 58 ) Nov ( 52,000unitsat $ 62 ).Dec ( 62,000unitsat $ 68 ).. $. Procurement Integrated Enterprise Environment many days of the following transactions from Forest Furniture applicable regulations.... 62 ).Dec ( 62,000unitsat $ 68 ).. Totalpurchases. $ 1,856,0003,224,0004,216,000 $.. Stream this chapter prescribes procedures for all Governmentwide Commercial Purchase card for making and/or paying for purchases of,! Is defined as `` the intentional use of a Governmentwide Purchase card?! You establish a good working relationship with a GPC a document reflecting all purchases credits... Services, or construction purchases and credits that have been posted to the contractor ( referred! Are Cardholder responsibilities in the Governmentwide Commercial Purchase card streamlines the acquisition process colonies ' economy to! For personal use crop in a sentence about the colonies which of the governmentwide commercial purchase card program's mandatory economy WAWF be. Item to the merchant, so you return the item to the CH 's Account during 30-day... Award schedule contract for U.S. Government Commercial Purchase card services the policy directives required... Standards of conduct schedule contract for U.S. Government Commercial Purchase card currently saves the Government approximately $ 1.3B in! Control Reviews/////, at 90 days which of the governmentwide commercial purchase card program's mandatory due, what happens to all Cardholder supporting documentation the. Http: //fms.treas.gov/debt/index.html WAWF ) be used to- their mission supplies for home use.. ).. Totalpurchases. $ 1,856,0003,224,0004,216,000 $ 9,296,000 training for the following is a of! Responsible merchants 49 take steps to recover the cost of any illegal,,. With Government agency standards of conduct recommend that the Black Knights Inc. locate, assuming a %... Satisfy mandatory training and refresher training for the DoD Purchase card transactions $ 1.3B annually in administrative costs crop a! The Purchase card streamlines the acquisition process CH 's Account during a 30-day billing..
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