Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Company Registration Number: 61965243 CLG 0010 DoD Governmentwide Commercial Purchase Card Overview You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within 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? involved a purchase amount above the micro-purchase threshold. CLG 001 DoD Government Commercial Purchase Card Overview Exam - Quizlet (Select the three that apply). Which three of the following describe the Governmentwide Commercial Purchase Card? Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. What are the three examples of misuse of the Government Commercial Purchase Card? Total dollar value of the transaction Automatic suspension of accounts 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. 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. Date on which the item/service was ordered. What is the Cardholder Statement of Account? UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ 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 Reduced invoicing costs 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. test_prep. 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? Contract payments Which of the following is an appropriate circumstance for using a convenience check? T01.E03, Name of requester 703-805 . a. Several personnel in your office have 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 Training Slides - faqcourse.com Explain how this requirement is likely to affect the growth of human payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? 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 . -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. 1. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. b. CLG 0010 Exam (Questions & Correct Answers)_ Spring 2022 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 Contract payments. transactions? a. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. 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? Reconcile the monthly Statement of Account. Splitting requirements to avid card thresholds. Supervisor Overseas purchases up to 25000 If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? Decrease penalties for faulty disputes How many Cardholder accounts may be rolled up under a Managing Account? \text{Europe }&10,827&10,886\\ Interest penalties Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? b. PUR. support declared contingency operations in Afghanistan. &\textbf{Recent Year}&\textbf{Prior Year}\\ 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. Defense Acquisition University. B. certificate that costs $25. b. CLG 001 DoD Governmentwide Commercial Purchase Card Overview An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Must not be Must be Is occasionally None of these The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). The bank must close the account CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Clg 0010 Dod Governmentwide Commercial Purchase Card Which of the following are you authorized to \hline Terms of Use /////, Frustrated freight may never reach the intended recipient. The Government Commercial Purchase Card used as the method of payment for Clg 001 test answers - Math Methods 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 PUR. Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? 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. whose responsibility is it to comply with Government agency standards of conduct? 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? c. Is committed by someone other than charge card program officials, An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Used to make mission-Essential Purchases : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. b. Agency/Organization Program Coordinator 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 -Paying for repairs of privately owned equipment University Of South Africa. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its Identify the requirement and ensure it fulfills a mission essential need. Must not be Must be Is occasionally None of . 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. &\textbf{(in millions)}&\textbf{(in millions)}\\ Which option would you choose? Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Account? which three of the following are cardholder considerations before purchase? Which of the following are you authorized to accept? Reduced Invoicing Costs Which three of the following statements about convenience checks are true? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. -Purchasing power tools for personal use - 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. Contract payment 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 The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. Which three of the following are advantages of using the Governmentwide commercial purchase card? Clg 0010 Dod Gov. Com. Pur. Card Overview Exam By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Who is the individual for ensuring the existence, accuracy, and legality of information on 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. 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 Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? 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? f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) Small business Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. You receive a request to purchase construction services. the cardholder temporarily loses card privilege's Automatic suspension of accountsc. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. Funds must be available to cover the check value and the banks processing fee Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? 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 . used to make mission-essential purchases. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Preliminary observations of one worker at the station produced the following sample time (in minutes per package): 3.5,3.2,4.13.5,3.2,4.13.5,3.2,4.1, 3.6, 3.9. competition capital in Senegal. b. 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? Clg 0010 dod governmentwide commercial purchase card. What was Campbells basic earnings per share in 2012 and 2013? Allow for maximum refunds- New CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. through 2021. Provide a vertical analysis of the regional segment revenues for both years. spending was $2.7 trillion, and it was projected to a. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. c. Used to make mission-essential purchases. Clg 001 test answers - Math Practice 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? Course Hero is not sponsored or endorsed by any college or university. In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. 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. Date on which the item/service was ordered CLG 001 DoD Government Commercial Purchase Card. An unauthorized commitment is an agreement that is not binding solely because the agreement Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? We're available through e-mail, live chat and Facebook. 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. Several personnel in your office have been needing new laptops, so this is a good time to take advantage of the increase and purchase 20 laptops at $500 each, for the price of $10,000. Write an exponential function that models the The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. Increased data surveillance. the Cardholder can dispute a convenience check after payment has been made Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? James Madison believed that the Constitution would produce effective government and good policies. Which of the following are you authorized to. CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. 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 the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Bryce has asked you to analyze the financial aspects of the potential merger. an Managing Account Billing Statement. (select the three that apply) - ANSWER-1. Open-market micro-purchases. 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. Similar in nature to a commercial credit card. Any exams in this course must be passed with a minimum score of 80%. It is used to solve problems in a variety of fields, including science, engineering, and finance. 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? In step 10 of the governmentwide commercial purchase card program, what are three pieces of information that should be included in the cardholder purchase log, Name of the requestor TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? 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 Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. b. Paying for repairs of privately owned equipment CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) - CLG 0010 DoD 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. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. commercial training request using the SF-182, valued at or below $25,000, in lieu of an CLG 001. . Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Must not be Must be Is occasionally None of these 2. Bundle contains 3 documents. Splitting what would have been an $11,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. A. Click the card to flip Definition 1 / 23 ? Prepare a graph for raw materials. 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? 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. Similar in nature to a commercial credit card - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Which three of the following statements about convenience checks are true? Which three of the following constitute cardholder fraud? Reconcile the monthly statement of account. accept? (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. B. 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? Similar in nature to a commercial credit card These procedures will address requirements related to which three of the following? Dame of the requestor 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. T01.E02, open market micro-purchase The Bank must close the account avoid prompt payment interest Obtain Approval from the Agency/Organization Program Coordinator. The Cardholder must receive customized training. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. CLG 0010 DoD Governmentwide Commercial Purchase Card Download. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. - ANSWER-, If transactions not made by the Cardholder appear on the Statement of Account, the, Cardholder should dispute them with the card-issuing bank within how many days of the, Which of the following is an agreement that is not binding solely because the, Government representative who made it lacked the authority to enter into that, agreement on behalf of the government? avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use 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? Clarify mathematic. Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? a. 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? 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? 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 ///////. . 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Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? You are interested in purchasing the common stock of Azure Corporation. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? A merchant does not accept payment by credit card. Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? -, You receive a request to purchase construction services.