%%EOF - Receipt 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. Liberty University In order to use the Governmentwide Commercial Purchase Card for simplified. GLG 0010 Governmentwide Commercial Purchase C, CLG 0010 DoD Governmentwide Commercial Card E, CLC 046 DoD Sustainable Procurement Program, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, 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, Chapter 18: Measuring the Price Level and Inf. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Once you establish a good working relationship with a particular supplier, you should make all or your purchases from that supplier. COM. - Daily Data Mining Case Reviews ////// These procedures include program controls and invoice payments. -Adverse personnel actions the United States and its jurisdictions. Target Attendees 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? Which three of the following statements about convenience checks are true? 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. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank (Select the three that apply) When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. since this is a Government purchase, the supplier offers a discount. - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. (4) The contracting officer shall not authorize the Governmentwide commercial purchase card as a method of payment during any contract period of performance if the contract includes the clause at FAR 52.229-12, Tax on Certain Foreign Procurements, unless the contract also includes the clause at 252.229-7014, Full Exemption from Two-Percent Excise Which three of the following constitute Cardholder fraud? A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Prepare journal entries for the following transactions from Forest Furniture. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles This guide is a general framework work for auditing Government Purchase Card programs. Ordering Officer purchases and payments, c. Commercial training requirements using the SF-182, Which of the following terms is defined as "the international use of the Government-, issued charge card in violation of applicable regulations"? -Ensure transactions are made with responsible merchants employee reimbursement by miscellaneous payment. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check? Which of the following is an appropriate circumstance for using a convenience check? *2.3 Terminology for Fraud, Abuse, or Misuse of Government Purchase Card (230203) Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Effective Date: Immediately. Purchases for which no funding is available. CLG 0010 DoD Governmentwide Commercial Card Exam 3. Building C: Purchase for $650,000 cash. CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. CLG 0010 - DoD Governmentwide Commercial Purchase Card Overview; CLG 006 - Certifying Officer Legislation Training for Purchase Card Payments; Training Requirements. a merchant. 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. Check for availability from required sources-Correct To the extent that such a payment would otherwise be approved, the charge against the purchase card should not be disputed when the charge is reported to the Government by the third party. Reconcile the monthly statement of account. endstream endobj startxref It helped me a lot to clear my final semester exams. Governmentwide commercial purchase card shall be the preferred method to purchase and pay for micro-purchases. and those seeking to satisfy mandatory training and refresher training for the DoD Purchase Card Program. Take this Answer sheet with a grain of salt. Federal law requires that funds must be available before any government purchase is made. Which two statements about Managing Accounts are true? This memo establishes a deadline of December 31, 2021 for all DoD Governmentwide Commercial Purchase Card (GPC) personnel to use the Procurement Integrated Enterprise Environment (PIEE) Single Sign-On (SSO) capability to log in to U.S. Bank's Access Online, and for Agency/Organization Program Coordinators to use their PIEE Task Queue (PTQ) in Account? Which two of the following must be included in supporting documentation for all Governmentwide Commercial Purchase Card transactions? POLICY. What is the artificial intelligence Data Mining platform that automatically analyzes Terms of Use 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? -Reconcile the monthly Statement of Account. Market-Research - A market research for Lemon Juice and Shake. Vendor change card scanning capabilities Operating expenses for the year were $2,750,000. How many cardholder accounts may be rolled up under a managing account? 102 0 obj <>stream Monthly Agency/organization program coordinator reviews///// Recovery of costs from governmentwide commercial Purchase Card officials Management's (OPM) purchase card program. Commercial Training requirements using the SF-182-New. 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 Total Dollar Value of the transaction Date on which the item/service was ordered How many cardholder accounts may be rolled up under a managing account? What did you do wrong? 1-4 . Which of the following are you authorized to. Complete appropriate training B. 3 items. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Course Hero is not sponsored or endorsed by any college or university. public notification. [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 Total Dollar value of the transaction What is the objective of operational planning? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and disciplinary category determinations? -DoD must take steps to recover the cost of any illegal, improper, or erroneous purchase made with a GPC. how many days of the billing cycle end date? -At or below the mirco-purchase threshold from any vendor Before a convenience check is issued, every effort should be made to use the GPC to make the necessary purchase. What are three advantages of using the Governmentwide Commercial Purchase Card? What are two advantages of the Procurement Integrated Enterprise Environment? Slashes mean its wrong Answer- 10 years. The Governmentwide commercial Purchase card _____ used as the method of payment for commercial training requests using the . DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to (Select the three that apply), Avoid Pecuniary Liability-Correct 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} The account holder allows other people to use his/her purchase account. Which of the following are you authorized to The contractor (hereinafter referred to as the "Servicing Bank") provides commercial GPCs and associated services. Which three items describe external fraud, Includes billing for items not ordered You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. 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 . Reduces DoD Operating costs What are three advantages of using the governmentwide commercial purchase card? - False When you get back to the office, you realize that the envelope size will not meet the Black Knights will either buy or lease a site depending upon which is more advantageous. Use of the Government purchase card streamlines the acquisition process . Which three of the following are advantages of using the Governmentwide commercial purchase card? Subpart 32.11 - Electronic Funds Transfer, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? PUR. No, you cannot accept the gift card. /////, Frustrated freight may never reach the intended recipient. 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. 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