clg 0010 dod governmentwide commercial purchase card overview examark breeding settings spreadsheet
You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. What are three advantages of using the governmentwide commercial purchase card? 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? Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. 00 Comments Please sign inor registerto post comments. the Cardholder can dispute a convenience check after payment has been made After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. Date on which the item/service was ordered. b. Similar in nature to a commercial credit card yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. 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? a. Which of the following are you authorized to accept? The bank must close the account After completing the course, please be sure to complete the survey at the end. 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. I dont know, Answers are wrong. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Institution. \hline been needing new laptops, so this is a good time to take advantage of the increase and purchase A. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. 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? Explain. - 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 . 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. These procedures will address requirements related to which three of the following? 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! Which three items describe external fraud? -Paying for repairs of privately owned equipment C. Reduces DoD invoicing costs. Which three of the following describe the Governmentwide Commercial Purchase Card? B. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. 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? b. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? 2. Following; -Purchasing power tools for personal use After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Giving preferential treatment to any person or organization Semi-Annual Head of activity Reviews///// Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. Whose Responsibility is it to comply with government agency standards of conduct? through 2021. an Managing Account Billing Statement. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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. Total truck depreciation is $200,000 per year. Which of the following is an appropriate circumstance for using a convenience check? 703-805 . Which three of the following are Cardholder. Reduces DoD Operating costs -Purchasing items or extra quantity of items for resale or to give away to relatives. The Government Commercial Purchase Card used as the method of payment for the Cardholder must: T05.E05. ( c ) Verify that the given f(x)f(x)f(x) has f(x)f^{\prime}(x)f(x) as its derivative, and graph f(x)f(x)f(x) to check your conclusions in part (a). PUR. Automatic suspension of accountsc. Approving/billing Officer At 90 days past due, what happens to all Cardholders accounts associated with a Managing Disruption to Government Purchases. competition CLG 0010 EXAM Which three of the following constitute Cardholder fraud? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. It is used to solve problems in a variety of fields, including science, engineering, and finance. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. 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. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). 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 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. Which two statements about Managing Accounts are true? COM. There is no time limit for completing this course. (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. Who is the individual for ensuring the existence, accuracy, and legality of information on 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. capital in Senegal. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Obtain Approval from the Agency/Organization Program Coordinator. spending was $2.7 trillion, and it was projected to What conclusion is appropriate when H0H_0H0 cannot be rejected? Requires a Primary Approving/Billing Official a. Students also viewed CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com 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 office supplies for home use Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Slashes mean its wrong B. 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. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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? PUR. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Ordering Officer purchases and payments. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. c. Used to make mission-essential purchases. Bryce has asked you to analyze the financial aspects of the potential merger. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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? Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. Course Hero is not sponsored or endorsed by any college or university. a. 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? In 2011, national health care Franklin will pay the entire note (principal and interest) on the notes maturity date. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. [Show more] Preview 2 out of 6 pages Dame of the requestor Bundle contains 3 documents. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. What are three authorized uses of the Governmentwide Commercial Purchase Card? \text{Weighted average number of shares outstanding (in thousands)}\\ transactions? 5 c. 15 d. 40. Decrease penalties for faulty disputes requirement, so you return the item to the merchant. 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 . CLG 0010 Exam 100% Scored_ Spring 2022 1. Failing to certify "Purchase Card Certification Statements" on time Review and ensure all cardholder supporting documentation supports the payment. 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. What are the three examples of misuse of the Government 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. Both companies can borrow at an 8% interest rate. 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 describe the Governmentwide Commercial Purchase Card? - ANSWER-Increased scrutiny, 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? 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. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Total Dollar Value of the transaction How many cardholder accounts may be rolled up under a managing account? 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 Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. The study documents help you better prepare for exams and get higher grades. Exceeding the applicable micro-purchase Threshold Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. . \end{array} PUR. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within 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 Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest CLG 001 DoD Government 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. False Authorized uses of the Governmentwide Commercial Purchase Card include: ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. Transactions where the governmentwide commercial purchase card is used as a method of payment Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? Express her total weekly salary algebraically. 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% ? Reconcile the monthly Statement of Account. a. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? T07.E01, failing to certify Purchase Card Certification Statements" on time Increased Funding 20 laptops at $500 each for a total price of $10,000. a. Coordinate with their transportation service support office before initiating the transaction. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. c. conductive hearing loss //////////. A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Reconcile the monthly statement of account. CLG 001. test_prep. Interest penalties a. CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. Which three of the following are cardholder considerations before purchase? T06.E02. 3. 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. Purchasing office supplies for home use. employee reimbursement by miscellaneous payment. Alabama State University. Which three of the following statements about convenience checks are true? c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions Insight on Demand (IOD) Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier false 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. Automatic suspension of accounts CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? a merchant. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Account? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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? Convenience checks must be secured in a locked container \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ a. f(x)f^{\prime}(x)f(x) and its graph are given. What are three authorized uses of the Governmentwide Commercial Purchase Card? approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . Which of the following is an appropriate circumstance for using a convenience check? CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. A merchant does not accept payment by credit card. (Select the three that apply. T05.e01. Is a felonious act of corruption or attempt to cheat the Government Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? The Bank must close the account 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? Clg 0010 dod governmentwide commercial purchase card. Objectives There is no time limit for completing this course. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. B. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. support declared contingency operations in Afghanistan. b. sensorineural hearing loss 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. T01.E02, open market micro-purchase : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. 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. Funds must be available to cover the check value and the bank's processing fee What was Campbells basic earnings per share in 2012 and 2013? 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 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. T01.E03, Name of requester HESI A2 summaries, notes, assignments and practice exams for University. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? CLG 0010 DoD Governmentwide Commercial Card Exam. Total dollar value of the transaction CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. b. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? Alabama State University. 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. What are three advantages of using the Governmentwide Commercial Purchase Card? Local. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. [Show More] 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. The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} -, You receive a request to purchase construction services. Contract payments CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. \end{array} 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. Reconcile the monthly Statement of Account CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. &\textbf{(in millions)}&\textbf{(in millions)}\\ COM. You receive a request to purchase construction services. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. A Cardholder's unauthorized purchase of power tools for personal use Any exams in this course must be passed with a minimum score of 80%. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. 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 a total price of $10,000, 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, Avoid Prompt payment interests d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. b. Agency/Organization Program Coordinator CLG 001. . After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ a. Menier's disease Must not be Must be Is occasionally None of these Which three of the following statements about convenience checks are true? DoD's Governmentwide Commercial Purchase Card data to identify high-risk Ensure adequate Funds are available to make the payment Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? Click the card to flip Definition 1 / 70 A. Agency/organization program coordinator 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. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? 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. Mathematics is the study of numbers, shapes, and patterns. b. Recovery of costs from governmentwide commercial Purchase Card officials Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip what are two advantages of the procurement integrated enterprise environment? ), a. c. Ordering Officer purchases and payments. Small business b. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. The firm recently paid a dividend of $3 per share. A. 20 laptops at $500 each for a total price of $10,000. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? C. public notification. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below 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 . You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from