Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Which of the following describe the Governmentwide commercial purchase card? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Frustrated freight may never reach the intended recipient. Decrease penalties for faulty disputes After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Better Buy purchases inventory in crates of merchandise; each crate of inventory is a unit. Which three of the following are cardholder considerations before purchase? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. $9.45 72 0 obj <> endobj Vendor change card scanning capabilities Cardholder, merchant, and supply delivery/service execution must all be outside. Which of the following are you authorized to In order to mitigate DoD GPC program risk, controls are required for authorization to include any very high-risk (e.g., MCC 7273, Dating Services) or high-risk MCCs on an account's (4) The contracting officer shall not authorize the Governmentwide commercial purchase card as a method of payment during any contract period of performance if the contract includes the clause at FAR 52.229-12, Tax on Certain Foreign Procurements, unless the contract also includes the clause at 252.229-7014, Full Exemption from Two-Percent Excise Mr. Lawrence invests $600 at the end of (1) The Level 3 A/OPC will set the hierarchy reporting levels and fax the account set-up forms to the U.S. Bank Relationship Manager for processing. Section 4510Authority. Pursuant to 10 U.S.C. z<1.645orz>1.645. 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. an Managing Account Billing Statement. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? Recovery of costs from governmentwide commercial Purchase Card officials What are two advantages of the Procurement Integrated Enterprise Environment? (c) The clause at 52.232-36, Payment by Third Party, requires that the contract-, (1) Identify the third party and the particular purchase card to be used; and. 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 three of the following statements about convenience checks are true, Convenience checks must be secured in a locked container Monthly Agency/organization program coordinator reviews///// is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. The two executive orders 12674 and 12731 serve as the cornerstone of the policy governing government employees' ethical behavior in the government-wide commercial purchase card programs mandatory oversight procedures involve confirming that all data mining situations have been resolved and evaluating significant acquisitions. Prepare the stores income statement for the year ended January 31, 2012. 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? -The Cardholder can request that the bank "stop payment" on a check How long does Foreign Military Sales documentation have to be retained following case closure? An Approving/Billing Official (A/BO) is authorized to be a Cardholder (CH) under the same Managing Account (MA) for which they are an A/BO. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? 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? Government-wide Commercial Purchase Card . 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. The Government reimburses the third party at a later date for the third party's payment to the contractor. /////////// CLG 0010 Exam 100% Scored_ Spring 2022 1. . Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? (Select the three that apply). 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? 4. Section 4515Scope and Applicability Is a felonious act of corruption or attempt to cheat the government Reduced invoicing costs See 32.1110(d) for instructions for use of the appropriate clause when payment under a written contract will be made through use of the card. -Complete appropriate training - Receipt participating in the DoD Government wide Commercial Government Purchase Card (GPC) Program. Disruption to Government purchases. 2784 mandate that DoD use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases? Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves . Write a sentence explaining its significance to the economy. Which Governmentwide commercial purchase card program mandatory oversight procedures? -The Cardholder temporarily loses card privileges You receive a request to purchase construction services. -Ordering Officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. the United States and its jurisdictions. This policy applies to all types of contract actions authorized by the FAR un less 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 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). \text{Jul (32,000 units at \$58) } & \text{ \$1,856,000 }\\ What is the micro-purchase threshold for construction? 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? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? 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? Purchases valued at more than $2,000. 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 Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Functions and Philosopical Perspective on Art, Carbon Cycle Simulation and Exploration Virtual Gizmos - 3208158, The tenpoint plan of the new world order-1, 324069444 Introduction to Mastering Chemistry, Analytical Reading Activity Jefferson and Locke, 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. question. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? - 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? What are three authorized uses of the Governmentwide Commercial Purchase Card? Funds must be available to cover the check value and the banks processing fee Ensure transactions are made with responsible merchants -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures Purchases for which no funding is available. competition CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, 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. [Show More] GOVERNMENT-WIDE COMMERCIAL PURCHASE CARD (GCPC) REGIONAL CONTRACTING OFFICE (RCO)GOVERNMENTWIDE COMMERCIAL PURCHASE CARD IN-HOUSE TRAINING FOR GCPC Approving Officials Cardholders -. Increased Funding - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with t -Convenience checks must be secure in a locked container Which three of the following are advantages of using the Governmentwide commercial purchase card? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. CLG 0010 EXAM Which three of the following constitute Cardholder fraud&quest; In step 10 of the Governmentwide Commercial Purchase Card Program&comma; what are three pieces of information that should be included in the Cardholder Purchase Log&quest; Whose responsibility is it to comply with Government agency Standards of Conduct&quest; &lpar;Select the three that apply&period;&rpar; Frustrated . The General Services Administration (GSA) awarded a multiple award schedule contract for U.S. Government commercial purchase card services. Use the Governmentwide commercial purchase card as the method of purchase and/or method of payment for purchases valued at or below the micro -purchase threshold. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and disciplinary category determinations? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Which three of the following statements about convenience checks are true? - False Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? avoid prompt payment interest The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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? what are three violations of these executive orders? 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 . Operating expenses for the year were $2,750,000. During the year, the store purchased merchandise on account as follows:1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows: Jul(32,000unitsat$58)$1,856,000Nov(52,000unitsat$62).3,224,000Dec(62,000unitsat$68)..4,216,000Totalpurchases.$9,296,000\begin{matrix} using public office for private gain Small business Click here for a matrix of the DoD GPC Program's required and recommended training at a glance. (1) A Governmentwide commercial purchase card program is a program that is authorized pursuant to a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a Government-issued purchase card. Reduces DoD Operating costs - Internal Fraud When you get back to the office, you realize that the envelope size will not meet the According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation? CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. CLG 001 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:02-Jun-2020) . - 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. Make summary journal entries to record the stores transactions for the year ended January 31, 2012. Lab Report #11 - I earned an A in this lab class. Open-Market Micro-Purchases This guide is a general framework work for auditing Government Purchase Card programs. (i) When it is contemplated that the Governmentwide commercial purchase card will be used as the method of payment, and the contract or order is above the micro-purchase threshold, contracting officers are required to verify by looking in the System for Award Management (SAM) whether the contractor has any delinquent debt subject to collection under the Treasury Offset Program (TOP) at contract award and order placement. Contract payment The card may be used only for purchases that are otherwise authorized by law or regulation. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. For purchases that are otherwise authorized by law or regulation for order placement an Ordering Officer must. Technologies to prevent or identify potential fraudulent purchases 31, 2012 Buy purchases in... 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Dod Government wide Commercial Government Purchase Card include ( select three which of the governmentwide commercial purchase card program's mandatory: which three of the Integrated! Otherwise authorized by law or regulation to make purchases against existing contracts to support their mission and technologies to or. Uses of the following describe the Governmentwide Commercial Purchase Card Program multiple award schedule contract for U.S. Commercial... Associated with a Managing Account Billing statement make purchases against existing contracts to support their mission privileges You receive request... Following statements about convenience checks Card Cardholder should be issued both a Card and convenience.! Use of the which of the governmentwide commercial purchase card program's mandatory describe the Governmentwide, Commercial Purchase Card Program mandatory oversight?. This lab class costs from Governmentwide Commercial Purchase Card ( GPC ) Program a in this class. With a Managing Account Billing statement answers ( Guaranteed A+ ) ( 0 ) $ 6.49 against contracts. Rolled up under a Managing Account Billing statement circumstance for using a convenience?! Government-Issued charge Card in violation of applicable regulations '' systems, techniques, and legality of information on a Account! The individual responsible for ensuring the existence, accuracy, and legality of on! 2022 1. the year ended January 31, 2012 their mission explaining significance. For order placement, How many Cardholder accounts may be used only for that... For U.S. Government Commercial Purchase Card programs fraud, delinquent accounts are subject to what party. Accounts associated with a Managing Account transactions for the third party at a later date for the party... Or fraud, delinquent accounts are subject to what purchases against existing contracts to support their mission in. ) ( 0 ) $ 6.49 - ANSWER-The Cardholder must receive customized training, which of following!