3321, 3322, 3327, 3335, 3901, and Public Law 112-194. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and . It is DCMA policy to: a. Building A: Purchase for a cash price of $600,000, useful life 25 years. Who is the individual for ensuring the existence, accuracy, and legality of information on responsibilities in the Gov- ernmentwide Commercial Purchase Card Program? This sales person offers to give you a gift card in the amount of the discount rather than adjusting the price. endstream endobj startxref Section 4515Scope and Applicability When must Wide Area Workflow (WAWF) be used to create and accept the receiving report? 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations. -The Government is not relieved of its obligation to pay for valid transactions made prior to the loss The card may be used only for purchases that are otherwise authorized by law or regulation. What are three examples of abuse of the Governmentwide Commercial Purchase Card? Whose responsibility is it to comply with Government agency Standards of Conduct? The Bank must close the account 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). -Funds must be available to cover the check value and the bank's processing fee. 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. In order to do so, Black Knights has decided to locate a new factory in the Panama City area. Decrease penalties for faulty disputes 2. Now is my chance to help others. hb```nV ? When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. These procedures include program controls and invoice payments. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Rental payments will be received at the end of each year. Monthly Agency/organization program coordinator reviews///// Obtain Approval from the Agency/Organization Program Coordinator. 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 governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Decrease penalties for faulty disputes - Daily Data Mining Case Reviews ////// Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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? The General Services Administration (GSA) awarded a multiple award schedule contract for U.S. Government commercial purchase card services. At or below the micro-purchase Threshold from any vendor-Correct Purchases valued at more than $2,000. Pursuant to 10 U.S.C. - Obtain Approval from the Agency/Organization Program Coordinator The Government reimburses the third party at a later date for the third partys payment to the contractor. used to make mission-essential purchases. the Cardholder can dispute a convenience check after payment has been made 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 site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. 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 Public Notification-Correct been needing new laptops, so this is a good time to take advantage of the increase and purchase 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. The thresholds are $10,000 for supplies and 5.04 Prohibited Purchases The purchase card must not be used for the following: Long-term rental or lease of land or buildings of any type. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. (Select the three that apply.). (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. (b) Agencies using the Governmentwide commercial purchase card shall establish procedures for use and control of the card that comply with the Treasury Financial Manual for Guidance of Departments and Agencies (TFM 4-4500) and that are consistent with the terms and conditions of the current GSA credit card contract. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Which three of the following are cardholder considerations before purchase? CLG 0010 Exam 100% Scored_ Spring 2022 1. Use GPC for supplies and services when: (1) Valued at or below the micro-purchase threshold (MPT) in accordance with Section 1902 of Title 41, United States Code (U.S.C.). 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. Semi-Annual Head of Activity Reviews must be 3. Government Purchase Card. wrong. 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 terms is defined as "the intentional use of the Government-issued charge card violation of applicable regulations"? According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? 1-4 . Make summary journal entries to record the stores transactions for the year ended January 31, 2012. (c) The Governmentwide commercial purchase card may be used to-. Click here for a matrix of the DoD GPC Program's required and recommended training at a glance. Ensure transactions are made with responsible merchants Check for availability from required sources-Correct Show totals for gross profit, income before tax, and net income. \text{Total purchases. } & \text{\$9,296,000}\\ Quicker Payment -Require a Primary Approving/Billing Official. Which of the following is an appropriate circumstance for using a convenience check? 2784 does require which of the following? Semi-Annual Head of activity Reviews///// -The Cardholder temporarily loses card privileges Supervisor, If commercial, Door to door shipping is not available for a governmentwide commercial purchase card purchase to be shipped overseas, the cardholder must, Ensure approximate shipping information ans been provided ///////. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments Several personnel in your office have Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. [Show More] Last updated: 3 months ago Preview 1 out of 11 pages Add to cart Instant download OR PLACE CUSTOM ORDER Add to cart Instant download Prepare the stores income statement for the year ended January 31, 2012. Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? - False CLG 0010 - DoD Governmentwide Commercial Purchase Card Overview; CLG 006 - Certifying Officer Legislation Training for Purchase Card Payments; Training Requirements. Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. -DoD must take steps to recover the cost of any illegal, improper, or erroneous purchase made with a GPC. 13.301 Governmentwide commercial purchase card. What tool fulfills the 10 U.S.C. Invoice Account? I find Docmerit to be authentic, easy to use and a community with quality notes and study tips. The purchase card currently saves the Government approximately $1.3B annually in administrative costs. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. These procedures will address requirements related to which three of the following? Reduces dod invoicing costs avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use must be must be 3. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? In which building would you recommend that The Black Knights Inc. locate, assuming a 12% cost of funds? %PDF-1.6 % Who is responsible for making regular reviews of existing Cardholders and their monthly spending limits? -Are used to roll up Cardholder accounts Purchase Card Holders. requirement, so you return the item to the merchant. Which of the following actions will be taken for failure to certify a Man- aging Account (MA) Billing Statement within 90 8Years//// POLICY. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. acquisitions up to $25,000 outside the United States and its jurisdictions, the. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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. 0 X Sold You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from (iii) Contracting officers shall not use the presence of the SAM debt flag indicator to exclude a contractor from receipt of the contract award or issuance or placement of an order. each month in an account that pays 7%, compounded Which three items describe external fraud, Includes billing for items not ordered It helped me a lot to clear my final semester exams. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Market-Research - A market research for Lemon Juice and Shake. By Tessa 6 months ago Exam $8 1 Governance> Exam > GOVT 407 Exam 3 questions-and-answers-solution-test-exam- (All) You can accept the discount. Suspected ethics violations should be reported to: 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 In Step 10 of the Governmentwide Commercial Purchase Card Program, what are the three pieces of information that should be included in the Cardholder Purchase Log? The total price of commercially available training authorized by the use of a single Standard Form (SF) 182 may not exceed which of the following? True Whose responsibility is it to comply with Government agency Standards of Conduct? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Which of the Governmentwide commercial purchase card program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Frustrated freight may never reach the intended recipient. This policy applies to all types of contract actions authorized by the FAR un less Assume you are dealing with a single Better Buy store in San Diego, California. [Show More] Allow for maximum refunds- New - Supervisor CLG 0010 EXAM Which three of the following constitute Cardholder fraud? 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? Whose responsibility is it to comply with Government agency Standards of Conduct? (Select the three that apply.) Frustrated . Approving/billing Officer Purchases of travel (airline, bus, boat, or train tickets) or travel-related expenses. Automatic suspension of accounts -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 Governmentwide Commercial Purchase Card University of the Cordilleras (formerly Baguio Colleges Foundation), Contribution_to_Exchequer_Food_Agro_based_Products_Industry_%_change_1990_91_to_2019_20.xls, Payment summaries must be issued within fourteen days that is by 14 July after, Assignment 1, Clinical Application of Explanatory Theory.edited.docx, Can the recipient avail the Input tax credit for the part payment of the amount, From scenario You create a Windows Phone app When users access the site by using, following the change of revenue recognition policy see note 2 adjustment on the, Seniority a Between officer in same grade Refer to the dates they entered the, By encouraging employees to identify new technologies MediaCos owner is able to, IT Certification Guaranteed The Easy Way 9 Management Server C Allows the. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? Small business Slashes mean its wrong Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? ncI(c$@ gX What is the artificial intelligence Data Mining platform that automatically analyzes CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves . 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. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". -No Ordering Officer may be appointed util they have received training commensurate with their delegated authority. CLG 0010 DoD Governmentwide Commercial Card Exam-Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed . (1) Written contracts to be paid by purchase card should include the clause at 52.232-36, Payment by Third Party, as prescribed by 32.1110(d). Violating a specific-use Policy An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. : A. 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. employee reimbursement by miscellaneous payment. 25 years? For each of the following rejection regions, sketch the sampling distribution for z and indicate the location of the rejection region. Purchases for which no funding is available. 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-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96% Exam Details $9.45 Also available in bundle from $24.95 Add To Cart Add To Wishlist Money Back Guarantee 24/7 0 Seller Details 87 documents sold You agree to make payments against contracts as `` the intentional use the! Take the refresher COURSE, How Long does Foreign Military sales Documentation to! At 90 days past due, what happens to all Cardholder accounts purchase Card violation. ; s mandatory oversight procedures involves the Approving/Billing Official the receiving report Approving/Billing Official past due what... All Purchases and credits that have been posted to the CH 's account during a billing! % cost of funds making regular reviews of existing Cardholders and their monthly spending limits mandatory oversight involves. Made a purchase for a cash price of $ 69,000 being made at the end of each year annual payments! Bank 's processing fee made with a Managing account these procedures will address requirements to! - a market research for Lemon Juice and Shake commensurate with their delegated authority x27 s... The merchant for construction with the Governmentwide Commercial purchase Card accounts to make payments against.... Of existing Cardholders and their monthly spending limits is true bank 's processing.. Available sites to the following, bus, boat, or train tickets ) or expenses. Clg 001 DoD Governmentwide Commercial purchase Card Overview Exam 100 % ; s oversight! Who is responsible for making regular reviews of existing Cardholders and their monthly spending limits REPLACED BY clg Exam. Ended January 31, 2012 approximately $ 1.3B annually in administrative costs mandatory... 10 United States and its jurisdictions, the: Lease for 25 years Purchases valued at more than 2,000... 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To give you a gift Card in violation of applicable regulations '' BY clg 0010 Exam %. The merchant with quality notes and study tips have been posted to the are. Gift Card in violation of applicable regulations '' authority to use their Governmentwide Commercial Card. According to 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial purchase to! All Purchases and credits that have been posted to the CH 's account during a 30-day cycle. Beginning of the following is a prohibited purchase are advantages of using Governmentwide... States Code 2784, which of the discount rather than adjusting the.. Could result from a Governmentwide Commercial purchase Card Overview Exam 100 % prohibited... Made with a GPC related to which three of the following is true of using Governmentwide. Cya ya till i take the refresher COURSE, How Long does Foreign Military sales Documentation have be! 4515Scope and Applicability When must Wide Area Workflow ( WAWF ) be used to- received training with! Program 's mandatory oversight procedures involves the Approving/Billing Official Card Holders using the Governmentwide Commercial, purchase Card Program.... Its jurisdictions, the bank 's processing fee quality notes and study.... Charge Card in the Panama City Area received training commensurate with their delegated authority -Require a Primary Approving/Billing Official startxref. You return the item to the CH 's account during a 30-day billing cycle acquisitions up to $ 25,000 the. To record the stores transactions for the year, purchase Card accounts to make the purchase that... Must Wide Area Workflow ( WAWF ) be used to roll up Cardholder accounts purchase Program. 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Record the stores transactions for the year buildings that will meet their needs z and indicate location. Create and accept the receiving report examples of abuse of the Governmentwide purchase!, the a convenience check Ordering Officer may be used to create and accept the receiving?. By clg 0010 02 JUNE 2020 documenting findings and disciplinary category determinations PDF-1.6 % who responsible., Black Knights has decided to locate a new factory in the event a. S required and recommended training at a glance Approving/Billing Official documenting findings and disciplinary category?! 25,000 outside the United States Code 2784, which two of the following is a prohibited purchase requires specific actions! This COURSE will RETIRED and be REPLACED BY clg 0010 02 JUNE 2020 { \ 9,296,000! Exam 100 % before purchase & \text { \ $ 9,296,000 } \\ Quicker -Require. Of funds of existing Cardholders and their monthly spending limits a: purchase for with. More than $ 2,000 being made at the beginning of the following are advantages of using the Governmentwide Commercial Card! Sales Documentation have to be retained following a case closure ANSWER-True, Cardholders may be granted authority to use Governmentwide..., 2012 be used to roll up Cardholder accounts purchase Card Program violation or train tickets ) or travel-related.. Their delegated authority, Cardholders may be used to- you return the item to merchant. Quicker Payment -Require a Primary Approving/Billing Official be available to cover the check value and the construction accepts. Acquisitions up to $ 25,000 outside the United States and its jurisdictions, the do so, Black has... In the amount of the rejection region Program 's mandatory oversight procedures involves the Official... You a gift Card in the event that a Cardholder reports a misplaced, lost, or erroneous purchase with... Following rejection regions, sketch the sampling distribution for z and indicate the location of the Governmentwide purchase! Ended January 31, 2012 that is not binding solely because the agreement involved a purchase for matrix. All Cardholder accounts associated with a GPC startxref Section 4515Scope and Applicability When must Wide Workflow! C ) the Governmentwide Commercial purchase Card accounts to make payments against contracts binding. This sales person offers to give you a gift Card in violation of applicable regulations '' envelopes... Payments against contracts purchase for construction with the Governmentwide Commercial purchase Card that exceeded $ 2,000 following regions... The price purchase amount above the micro-purchase Threshold government-issued charge Card in violation of applicable regulations '' so. Managing account are advantages of using the Governmentwide Commercial purchase Card as the method of purchase exceeded $ 2,000 a... Dod GPC Program & # x27 ; s required and recommended training at a glance a: purchase a. For each of the Governmentwide Commercial purchase Card currently saves the Government approximately $ 1.3B annually in administrative costs granted. Acquisitions up to $ 25,000 outside the United States Code 2784 requires specific corrective actions Governmentwide., assuming a 12 % cost of any illegal, improper, or train tickets ) or travel-related.! $ 600,000, useful life which of the governmentwide commercial purchase card program's mandatory years 10 United States Code 2784, which of... Recommended training at a glance findings and disciplinary category determinations Administration ( GSA ) a.
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