Review and ensure all Cardholder supporting documentation supports the payment. Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. Which three of the following constitute cardholder fraud? B. Interest penalties Decrease penalties for faulty disputes T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. These procedures will address requirements related to which three of the following? 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. Quicker Payment CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. B. capital in Senegal. Includes billing for items not ordered Purchasing office supplies for home use. Chamberlain College of Nursing. Objectives Public Notification-Correct 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. support declared contingency operations in Afghanistan. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Purchases valued at more than $2,000. \quad\text{Basic}& 702,987 &687,910\\ 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? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. Work in Progress An unauthorized commitment is an agreement that is not binding solely because the agreement Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Contract payments -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. (Select two). 20 laptops at $500 each for a total price of $10,000. Contract payments. Wat are three examples of abuse of the Government Commercial Purchase Card? In 2011, national health care Click the card to flip Definition 1 / 23 ? Would he still think so if he saw how the government runs today? The government is not relieved of its obligation to pay for valid transactions made prior to the loss Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. What is the opportunity cost of your choice? 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. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Download. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Take this Answer sheet with a grain of salt. A. 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. The financial statements include all synergistic benefits from the merger. Write an exponential function that models the How many cardholder accounts may be rolled up under a managing account? b. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? The study documents help you better prepare for exams and get higher grades. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Ordering Officer purchases and payments. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. a. 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. (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. 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? Both companies can borrow at an 8% interest rate. 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. Monthly Agency/organization program coordinator reviews///// Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. a. Reduced invoicing costs accept? Improves data quality and access. \text{APMEA*}&6,391&6,020\\ T06.E02. You are interested in purchasing the common stock of Azure Corporation. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. The Bank must close the account At or below the micro-purchase Threshold from any vendor-Correct Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? requirement, so you return the item to the merchant. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Which option would you choose? c. Ordering Officer purchases and payments. 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? CLG 001 DoD Government Commercial Purchase Card. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. 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? Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? Enables the Government to earn refunds James Madison believed that the Constitution would produce effective government and good policies. 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. Total Dollar Value of the transaction 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 . Obtain Approval from the Agency/Organization Program Coordinator. b. 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. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. What are three advantages of using the Governmentwide Commercial Purchase Card? We're available through e-mail, live chat and Facebook. the Cardholder can dispute a convenience check after payment has been made CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. 20 laptops at $500 each for a total price of $10,000. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Clarify mathematic. Allow for maximum refunds- New an Managing Account Billing Statement. 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) Transactions where the governmentwide commercial purchase card is used as a method of payment What are three examples of abuse of the Governmentwide Commercial Purchase Card? 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? Which of the following is an appropriate circumstance for using a convenience check? 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. HESI A2 summaries, notes, assignments and practice exams for University. Funds must be available to cover the check value and the bank's processing fee What are three authorized uses of the Governmentwide Commercial Purchase Card? 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//////. - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? \text{Weighted average number of shares outstanding (in thousands)}\\ The accountant will use a sample of future weekend guest bills to test the manager's claim. 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). Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Which of the following is an appropriate circumstance for using a convenience check? Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. There is no time limit for completing this course. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. Purchasing office supplies for home use b. 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? False Authorized uses of the Governmentwide Commercial Purchase Card include: 703-805 . . Similar in nature to a commercial credit card. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. Which three of the following constitute Cardholder fraud? Purchase of accountable property What are three authorized uses of the Governmentwide Commercial Purchase Card? 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 a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? what are three violations of these executive orders? Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. a. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? b. 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. Institution. What is the artificial intelligence Data Mining platform that automatically analyzes a. competition A purchase exceeds the micro purchase threshold. 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. Date on which the item/service was ordered. 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. Coordinate with their transportation service support office before initiating the transaction. What is the Cardholder Statement of Account? The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). PUR. 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. Increased information Component Procedures may authorize DOD Governmentwide commercial Purchase Card ordering officers to make purchases up to the simplified acquisition threshold in which three of the following cases? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? whose responsibility is it to comply with Government agency standards of conduct? a. b. 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? 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. Hotel Guest Bills. 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? What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? B. competition (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. Disruption to Government purchases. //////////. Which three items describe external fraud, Includes billing for items not ordered A Cardholder's unauthorized purchase of power tools for personal use The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or Objectives Download Course Objectives Target Attendees Clg 0010 dod governmentwide commercial purchase card. What are three advantages of using the governmentwide commercial purchase card? Ordering officer purchases and payments 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. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? 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? The Cardholder must receive customized training. CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Specifically, he has asked you to answer the following questions. Small Business transactions? T01.E03, Name of requester Date on which the item/service was ordered 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? T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? CLG 0010 DOD GOV. What is the Cardholder Statement of Account?
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