b. 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. purchasing items or extra quantity of items for resale or to give away to relatives 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. support declared contingency operations in Afghanistan. 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Increased data surveillance. using public office for private gain It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. I dont know, Answers are wrong. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ A merchant does not accept payment by credit card. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? a. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. . Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? a. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. \text{Europe }&10,827&10,886\\ Similar in nature to a commercial credit cardb. Automatic suspension of accountsc. T01.E02, open market micro-purchase 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. -Purchasing items or extra quantity of items for resale or to give away to relatives. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. After completing the course, please be sure to complete the survey at the end. There is no time limit for completing this course. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. -, You receive a request to purchase construction services. 6. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Ensure transactions are made with responsible merchants 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 COM. 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Download. 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? B. 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? 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. Interest penaltiesb. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? b. Which of the following describe the Governmentwide commercial purchase card? Reduced Invoicing Costs The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Wat are three examples of abuse of the Government Commercial Purchase Card? Increased information 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. What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. a. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. 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? 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 b. Agency/Organization Program Coordinator Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Includes billing for items not ordered 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? Click the card to flip Definition 1 / 23 ? What are three examples of abuse of the Governmentwide Commercial Purchase Card? The bank must close the account Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? 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? These procedures will address requirements related to which three of the following? What are three authorized uses of the Governmentwide Commercial Purchase Card? COM. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 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) Reduces dod invoicing costs 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 $10,000. public notification. Identify the requirement and ensure it fulfills a mission essential need. You receive a request to purchase construction services. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to (Select the three that apply), Avoid Pecuniary Liability-Correct Who is the individual for ensuring the existence, accuracy, and legality of information on What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? 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? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Which of the following are you authorized to accept? 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? Competition-Correct Which of the following are you authorized to Round whole percents to one decimal place. After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. Which three of the following statements about convenience checks are true? \text{Weighted average number of shares outstanding (in thousands)}\\ What is Step 2 of the Governmentwide Commercial Purchase Card Program process? 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? Reduces DoD Operating costs Which two statements about Managing Accounts are true? Account? &\textbf{Recent Year}&\textbf{Prior Year}\\ Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". A. The Cardholder must receive customized training. 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?
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