clg 0010 dod governmentwide commercial purchase card overview exam clg 0010 dod governmentwide commercial purchase card overview exam

Self Generated Cardholder Purchases-Correct, 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. After completing the course, please be sure to complete the survey at the end. Transactions where the governmentwide commercial purchase card is used as a method of payment Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? ), a. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? 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% ? T05.e01. Local. Monthly Agency/organization program coordinator reviews///// CLG0 0010 Test Review.pdf. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? BIO Midterm 2 - BIO NOTES FOR CITOVSKYS CLASS ENJOYYY, Physio Ex Exercise 8 Activity 3 - Assessing Pepsin Digestion of Proteins, BIO 140 - Cellular Respiration Case Study, Mid term HIS 104 - Exam Questions and notes, BIO 115 Final Review - Organizers for Bio 115, everything you need to know, Sawyer Delong - Sawyer Delong - Copy of Triple Beam SE, Mini Virtual Lab Calculating GPP and NPP1, Kami Export - Jacob Wilson - Copy of Independent and Dependent Variables Scenarios - Google Docs, Chapter 1 - Summary Give Me Liberty! Approving/billing Officer Wat are three examples of abuse of the Government Commercial Purchase Card? accept? CLG 0010 DoD Governmentwide Commercial Card Exam 4.1 (12 reviews) Term 1 / 70 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? Similar in nature to a commercial credit cardb. c. Used to make mission-essential purchases. b. The Government Commercial Purchase Card used as the method of payment for . CLG 0010 DoD Governmentwide Commercial Purcha, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Lab 6 - Acid-Fast and Endospore Stain Quiz. Interest penalties What was Campbells basic earnings per share in 2012 and 2013? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. How many Cardholder accounts may be rolled up under a Managing Account? 20 laptops at $500 each for a total price of $10,000. 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 . Purchasing office supplies for home use. A. Decrease penalties for faulty disputes a. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. - ANSWER-approving/billing official what is the cardholder statement of account?- ANSWER-A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle . an Managing Account Billing Statement. CLG 0010 DoD Governmentwide Commercial Card Exam. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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. \quad\text{Basic}& 702,987 &687,910\\ TO4.E01, Which three of the followin describes 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. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Must not be Must be Is occasionally None of these /////////////. 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. c. conductive hearing loss Improves data quality and access. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 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 Click the card to flip 6. 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. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 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In five years, the value of Hybrid Golf is expected to be$270 million. 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. University Of South Africa. Funds must be available to cover the check value and the banks processing fee Reduced invoicing costs . Review and ensure all Cardholder supporting documentation supports the payment. . By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Violating a specific-Use Policy. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. B. b. Coordinate with their transportation service support office before initiating the transaction. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its 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"? James Madison believed that the Constitution would produce effective government and good policies. Adverse personnel actions Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? 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 $25,000 outside the United States and its jurisdictions. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Which of the following is an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the government? PUR. Account? \text{Weighted average number of shares outstanding (in thousands)}\\ Quicker Payment Reduced invoicing costsc. Prepare a graph for raw materials. A Cardholder's unauthorized purchase of power tools for personal useb. PUR. Similar in nature to a commercial credit card Hotel Guest Bills. The Government Commercial Purchase Card used as the method of payment for Whose Responsibility is it to comply with government agency standards of conduct? What are three advantages of using the Governmentwide Commercial Purchase Card? d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Reduced invoicing costs Which of the following are you authorized to Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? An unauthorized commitment is an agreement that is not binding solely because the agreement 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. The financial statements include all synergistic benefits from the merger. 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? COM. Bundle contains 3 documents. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. //////////. Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. What conclusion is appropriate when H0H_0H0 cannot be rejected? a. Identify the requirement and ensure it fulfills a mission essential need. Must not be Must be Is occasionally None of . Automatic suspension of accountsc. spending was $2.7 trillion, and it was projected to Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% Correct Answers 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. . c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? 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. COM. Splitting requirements to avid card thresholds. Target Attendees -, You receive a request to purchase construction services. Which three of the following statements about convenience checks are true? b. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles -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. Open-market micro-purchases Cardholders who have been formally granted the appropriate authority in their Letter of Delegation What are three examples of misuse of the governmentwide commercial Purchase card? Competition-Correct Similar in nature to a commercial credit card Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Is a felonious act of corruption or attempt to cheat the government Reconcile the monthly Statement of Account a. In 2011, national health care Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Bryce believes the current cost of capital for Birdie Golf is 11%. Dame of the requestor using public office for private gain CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. What are three authorized uses of the Governmentwide Commercial Purchase Card? &\textbf{(in millions)}&\textbf{(in millions)}\\ Which three of the following constitute cardholder fraud? Small business 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. Decrease penalties for faulty disputes 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? TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip the Cardholder must: T05.E05. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). 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? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Express her total weekly salary algebraically. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Which three of the following describe the Governmentwide Commercial Purchase Card? Sorry if its hard to read as well. Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Chamberlain College of Nursing. Students also viewed Date on which the item/service was ordered How many cardholder accounts may be rolled up under a managing account? 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. T06.E02. Slashes mean its wrong 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. Contract payment CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. B. Which of the following are you authorized to accept? Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Company Registration Number: 61965243 Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. 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Increased information What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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? 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. B. a. a merchant. Both companies can borrow at an 8% interest rate. PUR. 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? 3. 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. Using public office for private gain, Which of the Governmetnwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?T02.E02, 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? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. What are three examples of abuse of the Governmentwide Commercial Purchase Card? 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? order now. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? : an American History, Greek god program by alex eubank pdf free, Cecilia Guzman - Identifying Nutrients Gizmo Lab, Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Gives DoD access to information about what its Components buy, Empowers a single individual to handle all aspects of the purchasing process, Convenience checks must be secured in a locked container, The Cardholder can request that the bank stop payment on a check, Funds available to cover both the value and the banks processing fee, The Cardholder can dispute the convenience check after payment has been made, Is a felonious act of corruption or attempt to cheat the Government. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Decrease penalties for faulty disputes Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. CLG 001 DoD Government Commercial Purchase Card. \hline Which of the following is an appropriate circumstance for using a convenience check? which three of the following are cardholder considerations before purchase? Which of the following are you authorized to accept? Reconcile the monthly Statement of Account. 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? At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? Ensure transactions are made with responsible merchants how many days of the billing cycle end date? - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? through 2021. (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. Alabama State University. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. 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. A. Total Dollar Value of the transaction 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 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? Campbell Incorporated reported the following information in their consolidated income statement for the years ended December 31, 2012 and 2013: 20132012Netincome(inthousands)$1,456,091$1,200,472Weightedaveragenumberofsharesoutstanding(inthousands)Basic702,987687,910Diluted713,456699,012\begin{array}{lrr} 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? /////, Frustrated freight may never reach the intended recipient. What is the artificial intelligence Data Mining platform that automatically analyzes - 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? a. There is no time limit for completing this course. Gives DoD access to information about what its components buy Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. (Select the three that apply). used to make mission-essential purchases. Small business Paying for repairs of privately owned equipment 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. Which three of the following statements are true? Which three of the following are advantages of using the Governmentwide commercial purchase card? Objectives grow at an average annual rate of 5.7% for 2011 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? c. Purchasing items or extra quantity of items for resale or to give away to relatives. \end{array} According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review?