clg 0010 dod governmentwide commercial purchase card overview exam
/////////////. Vendor change card scanning capabilities 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. /////, Frustrated freight may never reach the intended recipient. Contract payment 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. B. 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 . B. competition B. Ensure adequate Funds are available to make the payment CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. Similar in nature to a commercial credit cardb. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? B. 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! Increased information Which three of the following are cardholder considerations before purchase? What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Franklin will pay the entire note (principal and interest) on the notes maturity date. Hybrid Golf has 8 million shares of stock outstanding. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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? Adverse personnel actions 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. what are two advantages of the procurement integrated enterprise environment? COM. T02.E03, 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?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. NY Times Paywall - Case Analysis with questions and their answers. Which three of the following statements are true? CLG 001. - 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? Reconcile the monthly Statement of Account. 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. You receive a request to purchase construction services. B. What are three examples of abuse of the Governmentwide Commercial Purchase Card? \hline \end{array} Ordering Officer purchases and payments. 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 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? Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. transactions? Which of the following is an appropriate circumstance for using a convenience check? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. T05.e01. An unauthorized commitment is an agreement that is not binding solely because the agreement The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Small business capital in Senegal. jurisdiction. -, You receive a request to purchase construction services. 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. 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 Following; At or below the micro-purchase Threshold from any vendor-Correct c. Purchasing items or extra quantity of items for resale or to give away to relatives. Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. 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 answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question Automatic suspension of accounts A. 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. A merchant does not accept payment by credit card. 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 Automatic suspension of accounts giving preferential treatment to any person or organization. a. Round whole percents to one decimal place. T06.E02. Decrease penalties for faulty disputes Interest penalties (Select the three that apply. It is used to solve problems in a variety of fields, including science, engineering, and finance. Similar in nature to a commercial credit card Must be What are three advantages of using the Governmentwide Commercial Purchase Card? Which two statements about Managing Accounts are true? 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. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. 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Which of the following is a reason that 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: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? COM. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. Quicker Payment accept? 703-805 . Convenience checks must be secured in a locked container 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. PUR. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Which of the following are you authorized to. What are three advantages of using the Governmentwide Commercial Purchase Card? Which of the following information must be included on detailed/itemized receipts? 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? 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? Total Dollar value of the transaction After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. How long does Foreign Military Sales documentation have to be retained following case closure? Open-market micro-purchases. The firm recently paid a dividend of $3 per share. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. what did you do wrong? - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? Defrauding the government 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? Ordering officer purchases and payments Disruption to Government Purchases. -Paying for repairs of privately owned equipment Wat are three examples of abuse of the Government Commercial Purchase Card? 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? Bryce has asked you to analyze the financial aspects of the potential merger. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. What are the three examples of misuse of the Government Commercial Purchase Card? - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. requirement, so you return the item to the merchant. The Government Commercial Purchase Card used as the method of payment for Alabama State University. &\textbf{2013}&\textbf{2012}\\ CARD OVERVIEW EXAM, Honors Spanish I - Day of the Dead Project, 96% CLGOO1O DoD Governmentwide Commercial Pur, CLG 001 DoD Government Commercial Purchase Ca, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Managerial Accounting- Supplemental Practice, Pathology and Common Symptoms Arthritis: OA,. What are three violations of these Executive Orders?T06.E04, Defrauding the Government test_prep. TO DO Gives DoD access to information about what its Components buy Reduced invoicing costs Which of the following are you authorized to commercial training request using the SF-182, valued at or below $25,000, in lieu of an You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Reduced Invoicing Costs According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. In the African nation of Senegal, to enroll in school a child needs a birth What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Total dollar value of the transaction The accountant will use a sample of future weekend guest bills to test the manager's claim. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? b. Transactions where the governmentwide commercial purchase card is used as a method of payment Consider the following: a. the problem of gridlock b. the increase in the size of the United States. 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 three of the following are Cardholder. University Of South Africa. CLG 0010. Mathematics is the study of numbers, shapes, and patterns. -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. How many cardholder accounts may be rolled up under a managing account? 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. Clg 0010 dod governmentwide commercial purchase card. Paying for repairs of privately owned equipment QUESTION Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. The financial statements include all synergistic benefits from the merger. . 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? Automatic suspension of accountsc. What was Campbells basic earnings per share in 2012 and 2013? -Purchasing items or extra quantity of items for resale or to give away to relatives. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. 6. Gives DoD access to information about what its components buy A purchase exceeds the micro purchase threshold. 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. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Small Business Target Attendees Agency/organization program coordinator 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. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to A. Similar in nature to a commercial credit card. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? what are three violations of these executive orders? Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? 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 . Which three of the following statements about convenience checks are true? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Which option would you choose? 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? Exceeding the applicable micro-purchase Threshold False Authorized uses of the Governmentwide Commercial Purchase Card include: an Managing Account Billing Statement. Ordering Officer purchases and payments. View more. Bundle contains 3 documents. Explain how this requirement is likely to affect the growth of human Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? What are three advantages of using the governmentwide commercial purchase card? 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. Download. 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? a. 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. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? 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. employee reimbursement by miscellaneous payment. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. 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. b. Hotel Guest Bills. Prepare a graph for raw materials. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. Commercial Training requirements using the SF-182-New. a. Menier's disease f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating There is no time limit for completing this course. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. b. Whose Responsibility is it to comply with government agency standards of conduct? CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Clg 0010 dod governmentwide commercial purchase card. Violating a specific-use Policy a. a. 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. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Is a felonious act of corruption or attempt to cheat the Government After completing the course, please be sure to complete the survey at the end. Overseas purchases up to 25000 Paying for repairs of privately owned equipmentc. Reconcile the monthly statement of account. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Alabama State University. 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. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 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. A. Date on which the item/service was ordered. &\textbf{(in millions)}&\textbf{(in millions)}\\ 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. \quad\text{Basic}& 702,987 &687,910\\ 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. Provide a vertical analysis of the regional segment revenues for both years. \hline Allow for maximum refunds- New Click the card to flip Definition 1 / 70 Is a felonious act of corruption or attempt to cheat the government You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? What are two advantages of the Procurement Integrated Enterprise Environment? Must not be Must be Is occasionally None of these 20 laptops at $500 each for a total price of $10,000. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. Reduced invoicing costs a. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Both companies can borrow at an 8% interest rate. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? 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. how many days of the billing cycle end date? a merchant. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Funds must be available to cover the check value and the bank's processing fee Which there of the following statements are true? PUR. employee reimbursement by miscellaneous payment. 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 believes the current cost of capital for Birdie Golf is 11%. Decrease penalties for faulty disputes 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} 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. 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% ? Which of the following is an appropriate circumstance for using a convenience check? Includes billing for items not ordered 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 . This price is several weeks income for many families. Approving/billing Officer 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
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