- 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 . 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. 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? Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Would he still think so if he saw how the government runs today? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. ///- This one is correct/ Both companies can borrow at an 8% interest rate. Provide a vertical analysis of the regional segment revenues for both years. Local. a. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. b. CLG 0010. commercial training request using the SF-182, valued at or below $25,000, in lieu of an How many cardholder accounts may be rolled up under a managing account? At or below the micro-purchase Threshold from any vendor-Correct What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? B. Chamberlain College of Nursing. 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? Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? using public office for private gain Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Interest penaltiesb. 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? 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. Which three of the following statements are true? Franklin will pay the entire note (principal and interest) on the notes maturity date. 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. 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? Bryce believes the current cost of capital for Birdie Golf is 11%. Open-market micro-purchases What are three examples of abuse of the Governmentwide Commercial Purchase Card? Used to make mission-Essential Purchases Which of the following information must be included on detailed/itemized receipts? Semi-Annual Head of activity Reviews///// 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 $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions Click the card to flip Includes billing for items not ordered Funds must be available to cover the check value and the banks processing fee Automatic suspension of accounts \end{array} What are three advantages of using the Governmentwide Commercial Purchase Card? A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Increased Funding 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. PUR. 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? Open-market micro-purchases. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Paying for repairs of privately owned equipmentc. Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. c. Used to make mission-essential purchases. CLG 001. test_prep. Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Improves data quality and access. 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 . 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. 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 . Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Any exams in this course must be passed with a minimum score of 80%. public notification. Violating a specific-use Policy a. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. A. (Select the three that apply. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Specifically, he has asked you to answer the following questions. a. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. \hline Splitting requirements to avid card thresholds. 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. 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? 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. Which three of the following constitute cardholder fraud? Whose responsibility is it to comply with Government agency Standa. What are three advantages of using the Governmentwide Commercial Purchase Card? b. (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. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. B. DoD's Governmentwide Commercial Purchase Card data to identify high-risk An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. 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 . CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. Account? 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. Reduced invoicing costs Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? Reconcile the monthly Statement of Account Express her total weekly salary algebraically. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ 20 laptops at $500 each for a total price of $10,000. 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 . 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 the price of $10,000. capital in Senegal. 1. When you get back to the office, you realize that the envelope size will not meet the A. 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? 2 b. Reduced invoicing costsc. f(x)f^{\prime}(x)f(x) and its graph are given. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Contract payments Terms of Use Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Reconcile the monthly statement of account. b. 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). T05.e01. an Managing Account Billing Statement. 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 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Overseas purchases up to 25000 00 Comments Please sign inor registerto post comments. What is the Cardholder Statement of Account? Purchase of accountable property Prepare a graph for raw materials. Interest penalties When a merchant does not accept payment by credit card. What conclusion is appropriate when H0H_0H0 cannot be rejected? We're available through e-mail, live chat and Facebook. CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Decrease penalties for faulty disputes University of the Cordilleras (formerly Baguio Colleges Foundation), Question 11 National income NI is calculated by adjusting GDP for depreciation, Click the Cost Account ID column label to display the cost accounts hierarchy, B1B4F8E6-9018-4505-BCCC-CCAF1B564D47.jpeg, 20 Who teaches you English a By whom were you taught English b By whom are you, Natanson v Kline 187 Kan 186 354 P2d 670 1960 There is corresponding support for, In Allen v Sixteen Stirling Investments Pty Ltd 1974 4 SA 164 D the plaintiff, Consumer buying patterns especially of high value purchases have changed in the, Source Futura Group Total Cost 2469 Portion Cost 617 Portion Nos 4 Portion Size, Given the six year payback the worst case is that the payback occurs at the end, A block code is called a linear code when the mapping of the k information bits, bbbbbbbbbbbboooooooooooooooooootttttttttttttttttthhhhhhhhhhhhhhhh, Bruckner 201914 89 Antibody test to check if youve had coronavirus NHS web 27, 36 Essay 2 Important qualities of a good supervisor A supervisor needs to, AUTO 132 W10 Ignition System Operation Worksheet.docx, Define and discuss the concepts of patient experience and satisfaction.docx. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ \text{Weighted average number of shares outstanding (in thousands)}\\ (select the three that apply) - ANSWER-1. Which three of the following are cardholder considerations before purchase? 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. This price is several weeks income for many families. C. A new card or checks are issued. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Decrease penalties for faulty disputes Clg 0010 dod governmentwide commercial purchase card. 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 Automatic suspension of all Cardholder (CH) accounts. It is used to solve problems in a variety of fields, including science, engineering, and finance. Reduced invoicing costs requirement, so you return the item to the merchant. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. What was Campbells basic earnings per share in 2012 and 2013? which three of the following are cardholder considerations before purchase? 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? The study documents help you better prepare for exams and get higher grades. what are three violations of these executive orders? Small business - 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? Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Review and ensure all cardholder supporting documentation supports the payment. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. certificate that costs $25. Which of the following are you authorized to. Enables the Government to earn refunds The firm recently paid a dividend of $3 per share. the Cardholder must: T05.E05. PUR. Which three items describe external fraud, Includes billing for items not ordered In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? 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. 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. How many Cardholder accounts may be rolled up under a Managing Account? Which option would you choose? Gives DoD access to information about what its components buy 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 . Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. 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? through 2021. 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. Bundle contains 3 documents. Work in Progress Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). c. conductive hearing loss Is a felonious act of corruption or attempt to cheat the Government Coordinate with their transportation service support office before initiating the transaction. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. The Bank must close the account CLG 001 DoD Government Commercial Purchase Card. A Cardholder's unauthorized purchase of power tools for personal use B. [Show More] CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. MARKETING 305. COM. &\textbf{(in millions)}&\textbf{(in millions)}\\ Which three of the following are Cardholder. Which of the following are you authorized to Which three of the following describe the Governmentwide Commercial Purchase Card? Which of the following are you authorized to accept? Total dollar value of the transaction (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. After completing the course, please be sure to complete the survey at the end. 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. I dont know, Answers are wrong. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? ), a. b. 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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clg 0010 dod governmentwide commercial purchase card overview exam