What is the Cardholder Statement of Account? $Cash payments on account totaled$8,896,000. 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? See 32.1110(d) for instructions for use of the appropriate clause when payment under a written contract will be made through use of the card. 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? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. (c) The Governmentwide commercial purchase card may be used to- (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement); or (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108 (b) (2)). The store accrued income tax at the rate of 40%. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Lab Report #11 - I earned an A in this lab class. Make summary journal entries to record the stores transactions for the year ended January 31, 2012. requirement, so you return the item to the merchant. Agency procedures should not limit the use of the Governmentwide commercial purchase card to micro-purchases. Who is the individual for ensuring the existence, accuracy, and legality of information on How is stock market performance evaluated? Whose responsibility is it to comply with Government agency Standards of Conduct? What is the first step to follow when a Card holder becomes aware of a lost or stolen card or check? : an American History, Lesson 3. Semi-Annual Head of Activity Reviews Agency/organization program coordinator Partial Revision Date: 09/19/2022 Responsible Office: M/OAA/P File Name: 331_091922. During the year, the store purchased merchandise on account as follows:1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows: Jul(32,000unitsat$58)$1,856,000Nov(52,000unitsat$62).3,224,000Dec(62,000unitsat$68)..4,216,000Totalpurchases.$9,296,000\begin{matrix} Docmerit is a great platform to get and share study resources, especially the resource contributed by past students and who have done similar courses. (a) The clause at 52.232-36, Payment by Third Party, governs when a contractor submits a charge against the purchase card for contract payment. Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. debit card. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within I find Docmerit to be authentic, easy to use and a community with quality notes and study tips. The GPC provides "on the spot" purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers. Cash advances. -The bank must closed the account (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). Information on TOP is available at http://fms.treas.gov/debt/index.html. What is the Cardholder Statement of 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). 2784 mandate that DoD use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases? Small Business After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Component Procedures may authorize DOD Governmentwide commercial Purchase Card ordering officers to make purchases up to the simplified acquisition threshold in which three of the following cases? (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement); or. Which three of the following describe the Governmentwide Commercial Purchase Card? 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations 5. To the extent that such payment would otherwise not have been approved, an authorized individual (see 1.603-3) shall take action to remove the charge, such as by disputing the charge with the third party or by requesting that the contractor credit the charge back to the Government under the contract. Black Knights will either buy or lease a site depending upon which is more advantageous. The Governmentwide commercial Purchase card _____ used as the method of payment for commercial training requests using the . Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Terms of Use Looking for U.S. government information and services? - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. involved a purchase amount above the micro-purchase threshold. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. -The Cardholder can request that the bank "stop payment" on a check What are three examples of abuse of the Governmentwide Commercial Purchase Card? Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. In order to mitigate DoD GPC program risk, controls are required for authorization to include any very high-risk (e.g., MCC 7273, Dating Services) or high-risk MCCs on an account's -Are used to roll up Cardholder accounts 2. [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 A Governmentwide commercial purchase card charge authorizes the third party ( e.g., financial institution) that issued the purchase card to make immediate payment to the contractor. Prepare journal entries for the following transactions from Forest Furniture. Docmerit is super useful, because you study and make money at the same time! (iv) The contracting officer may take steps to authorize payment by Governmentwide commercial purchase card when a contractor alerts the contracting officer that the SAM debt flag indicator has been changed to no longer show a delinquent debt. the Cardholder can dispute a convenience check after payment has been made Dame of the requestor Cardholder, merchant, and supply delivery/service execution must all be outside. 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. Purchases of travel (airline, bus, boat, or train tickets) or travel-related expenses. 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. PUR. Interest penaltiesb. Transactions where the governmentwide commercial purchase card is used as a method of payment Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Building A: Purchase for a cash price of $600,000, useful life 25 years. competition What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions 6. 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 The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training . -Name of the requestor. - 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? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? - Obtain Approval from the Agency/Organization Program Coordinator Write a sentence explaining its significance to the economy. DoD-level GPC Policy Required Training No Ordering officer may be appointed until they have received training commensurate with their delegated authority 10 Years - Frustrated Freight 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. 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. "in step 12 of the governmentwide commercial purchase card program process, what are three situations in which the acceptor must ensure written independent receipt and acceptance?" . Governmentwide commercial purchase card shall be the preferred method to purchase and pay for micro-purchases. 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? Pursuant to 10 U.S.C. (1) The Level 3 A/OPC will set the hierarchy reporting levels and fax the account set-up forms to the U.S. Bank Relationship Manager for processing. Operating expenses for the year were $2,750,000. Decrease penalties for faulty disputes 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. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Which three items describe external fraud, Includes billing for items not ordered When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. You receive a request to purchase construction services. Reduces DoD Operating costs \text{Total purchases. } & \text{\$9,296,000}\\ Procurement Management Reviews/////// (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108(b)(2)). Purchases valued at more than $2,000. PUR. Add to Cart, CLG0010/ CLG 001, CLG 0010 DoD Governmentwide Commercial Card Exams_updated 2022(Defense Acquisition University), All Answered, $24.95 -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures Agency procedures should encourage use of the card in greater dollar amounts by contracting officers to place orders and to pay for purchases against contracts established under part 8 procedures, when authorized; and to place orders and/or make payment under other contractual instruments, when agreed to by the contractor. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Recovery of costs from governmentwide commercial Purchase Card officials @,Q]A9a2tTb_ZVr 3321, 3322, 3327, 3335, 3901, and Public Law 112-194. what did you do wrong? Complete appropriate training B. What are three examples of abuse of the Governmentwide Commercial Purchase Card? This policy applies to all types of contract actions authorized by the FAR un less ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. In order to do so, Black Knights has decided to locate a new factory in the Panama City area. CLG 001 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:02-Jun-2020) . 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? Vendor change card scanning capabilities what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? question. jurisdiction. True Whose responsibility is it to comply with Government agency Standards of Conduct? It is up to the account holder to ensure that the funds are available prior to making any transaction. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. However, payment by a purchase card also may be made under a contract that does not contain the clause to the extent the contractor agrees to accept that method of payment. -Adverse personnel actions 1. N3029A17RC020FS Page 39 of 39 Section Supplies or Services and Price ITEM NO SUPPLIESSERVICES QUANTITY UNIT UNIT PRICE AMOUNT 0001 1 Each $664498 $664498 DELL POWEREDGE R330XD acquisitions up to $25,000 outside the United States and its jurisdictions, the. 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 CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Purchase Card Holders. 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 are you authorized to Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. z<1.645orz>1.645z < - 1.645 \text { or } z > 1.645 support declared contingency operations in Afghanistan. Assume you are dealing with a single Better Buy store in San Diego, California. 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 -Total dollar value of the transaction Prerequisite(s) None Predecessor Course(s) Predecessor: Predecessor Course Title: PDS Code: 20 laptops at $500 each for a total price of $10,000. Serving as chairperson on the purchase card program's risk management team; f. Liaising on behalf of the Department with the servicing bank; g. Preparing . Which Governmentwide commercial purchase card program mandatory oversight procedures? What are three authorized uses of the Governmentwide Commercial Purchase Card? Functions and Philosopical Perspective on Art, Carbon Cycle Simulation and Exploration Virtual Gizmos - 3208158, The tenpoint plan of the new world order-1, 324069444 Introduction to Mastering Chemistry, Analytical Reading Activity Jefferson and Locke, Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Gives DoD access to information about what its Components buy, Empowers a single individual to handle all aspects of the purchasing process, Convenience checks must be secured in a locked container, The Cardholder can request that the bank stop payment on a check, Funds available to cover both the value and the banks processing fee, The Cardholder can dispute the convenience check after payment has been made, Is a felonious act of corruption or attempt to cheat the Government. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? Before a convenience check is issued, every effort should be made to use the GPC to make the necessary purchase. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from -Funds must be available to cover the check value and the bank's processing fee. Once you establish a good working relationship with a particular supplier, you should make all or your purchases from that supplier. No, you cannot accept the gift card. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Purchasing office supplies for home use The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using the SF-182 valued at or below $25000 in lieu of an employee reimbursement by miscellaneous payment. Construction services over $2,000. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Semi-annual head of activity reviews//// The card may be used only for purchases that are otherwise authorized by law or regulation. Rental payments will be received at the end of each year. Reconcile the monthly statement of account. monthly. 213.270 Use of the Governmentwide commercial purchase card. Market-Research - A market research for Lemon Juice and Shake. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. The fiscal year of Better Buy ends each January 31. Semi-Annual Head of Activity Reviews Daily Data Mining Case Reviews Procurement Management Reviews Monthly Agency/ Organization Violating a specific-Use Policy. 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? 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 $25,000 outside the United States and its jurisdictions, Which three of the following statements about convenience checks are true, Convenience checks must be secured in a locked container Which of the following describe the Governmentwide commercial purchase card? -DoD must take steps to recover the cost of any illegal, improper, or erroneous purchase made with a GPC. FAR 13.301 -- Governmentwide commercial purchase card. Who is responsible for making regular reviews of existing Cardholders and their monthly spending limits? University Of Arizona hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8 These procedures include program controls and invoice payments. Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in which three of the following cases? Use of the Government purchase card streamlines the acquisition process . Better Buy uses a perpetual inventory system. What is the objective of operational planning? Slashes mean its wrong Which three of the following statements are true? Increased Funding Check for availability from required sources-Correct Overview. What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. 15. %PDF-1.6 % If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with t The Cardholder must receive customized training. must be must be 3. Paying for repairs of privately owned equipment, in step 12 of the governmentwide commercial purchase card program process, what are three Situations in which the acceptor must ensure written independent receipt and acceptance, Purchase of accountable property 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? what are two advantages of the procurement integrated enterprise environment? - 6 Years and 3 Months //////// answer. At 90 days past due, what happens to all Cardholders accounts associated with a Managing 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. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? CLG 0010 DoD Governmentwide Commercial Card Exam 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? Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and disciplinary category determinations? -Recovery of costs from Governmentwide Commercial Purchase Card officials. The cardholder must . Which three of the following statements about convenience checks are true? Insights on Demand Data Mining (IOD DM) tool. Is a felonious act of corruption or attempt to cheat the government 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? 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? Take this Answer sheet with a grain of salt. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Recovery of cost from Governmentwide Commercial Purchase Card officials Cardholders who have been formally granted the appropriate authority in their Letter ofDelegation 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 Governmentwide must be 3. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? 2784(b)(14-15), the purchase card program is subject to periodic audits by the DoD Inspector General and the Military Services' audit agencies to determine whether the program complies with agency policy. "Micro-purchase" means an acquisition of supplies or services in which the aggregate amount does not exceed $3,000, By Tessa 6 months ago Exam $8 1 Governance> Exam > GOVT 407 Exam 3 questions-and-answers-solution-test-exam- (All) a merchant. Commercial Purchase Card (GPC) Program Overview Presented by: Denise Reich, OUSD(A&S)/DPC/CeB The DoD GovernmentwideCommercial Purchase Card (GPC) program continues to develop and enhance eBusiness capabilities to support program operations, and improve policy and . This chapter prescribes procedures for all departments and federal entities that use the government purchase card. Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Looking for U.S. government information and services? - Strictly Prohibited The FAR Council released an interim rule, which will be effective on August 13, 2020, that implements Section 889 (a) (1) (B). Which three of the following are advantages of using the Governmentwide commercial purchase card? Determine when and where the card/checks were last used. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? - ANSWER-, 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, 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? COM. 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 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? 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. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Similar in nature to a commercial credit card. Can you accept the card? Similar in nature to a commercial credit card Purchase cards make it easy for you to buy the things you need for your agency. (c) The Governmentwide commercial purchase card may be used to-. It is DCMA policy to: a. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? : A. Funds must be available to cover the check value and the banks processing fee

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