Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Must not be Must be Is occasionally None of these How many Cardholder accounts may be rolled up under a Managing Account? Objectives Download Course Objectives Target Attendees Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Total dollar value of the transaction \end{array} 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. Which of the following is an appropriate circumstance for using a convenience check? Increased Funding The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. What are three advantages of using the governmentwide commercial purchase card? Wat are three examples of abuse of the Government Commercial Purchase Card? Open-Market Micro-Purchases Defrauding the government Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Which two statements about Managing Accounts are true? Which three of the following describe the Governmentwide Commercial Purchase Card? Hotel Guest Bills. The government is not relieved of its obligation to pay for valid transactions made prior to the loss UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. PUR. COM. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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? f(x)f^{\prime}(x)f(x) and its graph are given. Purchase of accountable property CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? a. 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? [Show More] What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? PUR. used to make mission-essential purchases. A Cardholder's unauthorized purchase of power tools for personal use A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. 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? 5 c. 15 d. 40. Semi-Annual Head of activity Reviews///// f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating using public office for private gain Slashes mean its wrong Dame of the requestor CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. \text{Weighted average number of shares outstanding (in thousands)}\\ 20 laptops at $500 each for a total price of $10,000. 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? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. how many days of the billing cycle end date? 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. Which three items describe external fraud, Includes billing for items not ordered Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Both companies can borrow at an 8% interest rate. What are three advantages of using the Governmentwide Commercial Purchase Card? Purchasing items or extra quantity of items for resale or to give away to relatives. Ordering Officer purchases and payments. CLG 001 DoD Government Commercial Purchase Card. b. 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. Write an exponential function that models the A merchant does not accept payment by credit card. CLG 0010 DOD GOV. how many days of the billing cycle end date? requirement, so you return the item to the merchant. 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. (Select two). d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? 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. Review and ensure all Cardholder supporting documentation supports the payment. 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. Sorry if its hard to read as well. Supervisor 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 You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. a. 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). ///- This one is correct/ A. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. 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. No Ordering officer may be appointed until they have received training commensurate with their delegated authority B. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. What are three examples of misuse of the governmentwide commercial Purchase card? Total Dollar Value of the transaction employee reimbursement by miscellaneous payment. Enables the Government to earn refunds CLG 001. . DoD's Governmentwide Commercial Purchase Card data to identify high-risk purchasing items or extra quantity of items for resale or to give away to relatives Approving/billing Officer Must not be Must be Is occasionally None of . 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). What are three authorized uses of the Governmentwide Commercial Purchase Card? Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? Decrease penalties for faulty disputes Which three items describe external fraud? Objectives A Cardholder's unauthorized purchase of power tools for personal useb. \quad\text{Basic}& 702,987 &687,910\\ 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? Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. T06.E02. (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. Increased information Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Decrease penalties for faulty disputes What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 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. 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 . 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? A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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. c. Disruption to Government purchases. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Used to make mission-Essential Purchases Whose responsibility is it to comply with Government agency Standa. Provide a vertical analysis of the regional segment revenues for both years. Overseas purchases up to 25000 University Of South Africa. C. Ensure transactions are made with responsible merchants. Increased data surveillance. CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. Similar in nature to a commercial credit cardb. Last week she worked h overtime hours at double time. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Disruption to Government Purchases. 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. Which three of the following are cardholder considerations before purchase? 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? Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. What are two advantages of the Procurement Integrated Enterprise Environment? Currently, similar-risk stocks have required returns of 10 %. 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? What are three authorized uses of the Governmentwide Commercial Purchase Card? Mathematics is the study of numbers, shapes, and patterns. There is no time limit for completing this course. A. Reduces DoD Operating costs T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? C. public notification. Agency/organization program coordinator Ordering Officer purchases and payments. Round whole percents to one decimal place. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Enables the Government to earn refunds Failing to certify "Purchase Card Certification Statements" on time Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? CLG 0010 Exam 100% Scored_ Spring 2022 1. We're available through e-mail, live chat and Facebook. There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. QUESTION Alabama State University. A. 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. Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? Date on which the item/service was ordered. Must not be Must be Is occasionally None of these 2. \end{array} Reconcile the monthly Statement of Account. 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. grow at an average annual rate of 5.7% for 2011 T07.E01, failing to certify Purchase Card Certification Statements" on time Interest penalties whose responsibility is it to comply with Government agency standards of conduct? Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) 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. Interest penaltiesb. Work in Progress price-icon . These procedures will address requirements related to which three of the following? After completing the course, please be sure to complete the survey at the end. Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. 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. //////////. Download. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Open-market micro-purchases. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. what are two advantages of the procurement integrated enterprise environment? The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. 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. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. 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 $25,000 outside the United States and its jurisdictions - ANSWER-True The . d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? : 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. 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. Ordering officer purchases and payments Which three of the following describe the Governmentwide Commercial Purchase Card? Prepare a graph for raw materials. CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Which of the following is an appropriate circumstance for using a convenience check? spending was $2.7 trillion, and it was projected to a. Open-market micro-purchases - 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 . Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. When a merchant does not accept payment by credit card. involved a purchase amount above the micro-purchase threshold. How many Cardholder accounts may be rolled up under a Managing Account? Identify the requirement and ensure it fulfills a mission essential need. How many cardholder accounts may be rolled up under a managing account? Any exams in this course must be passed with a minimum score of 80%. Total truck depreciation is $200,000 per year. . A. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. It is used to solve problems in a variety of fields, including science, engineering, and finance. 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. What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. the Cardholder must: T05.E05. Which of the following is an appropriate circumstance for using a convenience check? 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? Similar in nature to a commercial credit card 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. Whose Responsibility is it to comply with government agency standards of conduct? Reduces dod invoicing costs a. Menier's disease Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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 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? -Purchasing items or extra quantity of items for resale or to give away to relatives. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. \hline assessment. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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? Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. What are the three examples of misuse of the Government Commercial Purchase Card? 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? Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer After completing the course, please be sure to complete the survey at the end. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Reduced invoicing costs CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Gives DoD access to information about what its Components buy Contract payment Take this Answer sheet with a grain of salt. an Managing Account Billing Statement. what are three violations of these executive orders? This price is several weeks income for many families. C. Reduces DoD invoicing costs. How long does Foreign Military Sales documentation have to be retained following case closure? yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. accept? Allow for maximum refunds- New Transactions where the governmentwide commercial purchase card is used as a method of payment 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. TO1.E01, -Used to make mission-essential Purchases, Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement?T01.E04, The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Similar in nature to a commercial credit card 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. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Weightedaveragenumberofsharesoutstanding(inthousands), Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Alexander Holmes, Barbara Illowsky, Susan Dean. what did you do wrong? At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank 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) - 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? \text{APMEA*}&6,391&6,020\\ What did you do wrong? ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. At or below the micro-purchase Threshold from any vendor-Correct giving preferential treatment to any person or organization. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Review and ensure all cardholder supporting documentation supports the payment. MARKETING 305. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? 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. 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. 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. Funds must be available to cover the check value and the bank's processing fee The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Name of the requestor \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. CLG 001. If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? Is a felonious act of corruption or attempt to cheat the government 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). function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. c. conductive hearing loss 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. 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