At 90 days past due, what happens to all Cardholders accounts associated with a Managing \text{APMEA*}&6,391&6,020\\ What are three advantages of using the Governmentwide Commercial Purchase Card? 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 How long does Foreign Military Sales documentation have to be retained following case closure? c. Purchasing items or extra quantity of items for resale or to give away to relatives. A. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Purchase of accountable property purchasing items or extra quantity of items for resale or to give away to relatives Similar in nature to a commercial credit card Increased data surveillance. Any exams in this course must be passed with a minimum score of 80%. Reduced invoicing costsc. Purchasing office supplies for home use 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. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. Write an exponential function that models the Quicker Payment Institution. Coordinate with their transportation service support office before initiating the transaction. Supervisor You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. Currently, similar-risk stocks have required returns of 10 %. T04.E02. a. Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. What is the Cardholder Statement of Account? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. The government is not relieved of its obligation to pay for valid transactions made prior to the loss c. Disruption to Government purchases. A purchase exceeds the micro purchase threshold. 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. public notification. The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. What are three advantages of using the governmentwide commercial purchase card? Date on which the item/service was ordered. 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 . 6. DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). 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! -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. B. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank Which three of the following statements about convenience checks are true? Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Total Dollar value of the transaction Open-market micro-purchases. 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//////. I dont know, Answers are wrong. Open-market micro-purchases -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, In order to use the Governmentwide Commercial Purchase Card for simplified, acquisitions up to $25,000 outside the United States and its jurisdictions, the, Cardholder, merchant, and supply delivery/service execution must all be outside the, United States and its jurisdictions. A. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? \end{array} Wat are three examples of abuse of the Government Commercial Purchase Card? Date on which the item/service was ordered been needing new laptops, so this is a good time to take advantage of the increase and purchase Which two statements about Managing Accounts are true? Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? Total dollar value of the transaction a. Account? These procedures will address requirements related to which three of the following? (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments avoid prompt payment interest Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . CLG 0010 DOD GOV. Which of the following are you authorized to accept? Interest penalties 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? Violating a specific-use Policy giving preferential treatment to any person or organization. The Government Commercial Purchase Card used as the method of payment for Must not be Must be Is occasionally None of these 2. a. COM. Click the card to flip Definition 1 / 23 ? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Similar in nature to a commercial credit card order now. The study documents help you better prepare for exams and get higher grades. Which three of the following describe the Governmentwide Commercial Purchase Card? Alabama State University. C. A new card or checks are issued. 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. a. &\textbf{Recent Year}&\textbf{Prior Year}\\ COM. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Automatic suspension of accounts False Authorized uses of the Governmentwide Commercial Purchase Card include: CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. 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 . Any exams in this course must be passed with a minimum score of 80%. B. competition What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . James Madison believed that the Constitution would produce effective government and good policies. Slashes mean its wrong competition Both companies can borrow at an 8% interest rate. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution 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. Which there of the following statements are true? Adverse personnel actions 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. Whose responsibility is it to comply with Government agency Standa. Reduces DoD Operating costs Review and ensure all Cardholder supporting documentation supports the payment. Which three of the following constitute cardholder fraud? Bundle contains 3 documents. Ensure adequate Funds are available to make the payment b. What are three authorized uses of the Governmentwide Commercial Purchase Card? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? PUR. 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? The firm recently paid a dividend of $3 per share. How many Cardholder accounts may be rolled up under a Managing Account? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. 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 Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 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 three of the following are advantages of using the Governmentwide Commercial Purchase Card? Approving/billing Officer 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 T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? 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? Interest penalties 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. Clg 0010 dod governmentwide commercial purchase card. 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. 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 Exam 100%. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Which of the following is a reason that DoD policy allows for Governmentwide Commercial Purchase Card Billing Statement certification prior to verification that all items submitted for payment have been received in order to: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? CLG 001. .