You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from b. b. CLG 0010 DoD Governmentwide Commercial Card Exam 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. CLG 0010 Exam (Questions & Correct Answers)_ Spring 2022 Similar in nature to a commercial credit cardb. The financial statements include all synergistic benefits from the merger. 703-805 . is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Which three of the following are cardholder considerations before purchase? //////////. 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. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Which of the following is an appropriate circumstance for using a convenience check? It is used to solve problems in a variety of fields, including science, engineering, and finance. 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. Course Hero is not sponsored or endorsed by any college or university. f(x)f^{\prime}(x)f(x) and its graph are given. T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. These procedures will address requirements related to which three of the following? Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. 1. Ordering officer purchases and payments Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Would he still think so if he saw how the government runs today? Enables the Government to earn refunds an Managing Account Billing Statement. Whose responsibility is it to comply with Government agency Standa. Currently, similar-risk stocks have required returns of 10 %. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 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. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. The Bank must close the account Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles T05.E03. &\textbf{Recent Year}&\textbf{Prior Year}\\ Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Identify the requirement and ensure it fulfills a mission essential need. What are three violations of these Executive Orders?T06.E04, Defrauding the Government Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? What are three examples of abuse of the Governmentwide Commercial Purchase Card? transactions? \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ CLG 0010 DoD Governmentwide Commercial Card Exam T01.E03, Name of requester NY Times Paywall - Case Analysis with questions and their answers. Recovery of costs from governmentwide commercial Purchase Card officials Clg 001 test answers - Math Practice Choosing conditions to maximise yield, CLG 006 Certifying Officer Legislation Traini, 2S071 Materiel Management Edit Code 07 All UR, 2S071 Volume 2 Materiel Management Edit Code, 2S071 Volume 3 Materiel Management Edit Code, Anderson's Business Law and the Legal Environment, Comprehensive Volume, David Twomey, Marianne Jennings, Stephanie Greene, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Operations Management: Sustainability and Supply Chain Management, Calculus for Business, Economics, Life Sciences and Social Sciences, Karl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett, HORRIBLE HISTORIES - Rotten Romans - Basic Ti. \end{array} Small business CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. Total Dollar value of the transaction CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. 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. 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% ? What are three authorized uses of the Governmentwide Commercial Purchase Card? You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. CLG 0010 DOD GOV. James Madison believed that the Constitution would produce effective government and good policies. View more. CLG 0010 DoD Governmentwide Commercial Purchase Card 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. An unauthorized commitment is an agreement that is not binding solely because the agreement Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? \quad\text{Basic}& 702,987 &687,910\\ Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? These procedures will address requirements related to which three of the following? -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, 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. giving preferential treatment to any person or organization. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. Must not be Must be Is occasionally None of these Open-Market Micro-Purchases Obtain Approval from the Agency/Organization Program Coordinator. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Defence Acquisition University CLG 0010 Test - Browsegrades Which of the following are you authorized to. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. The Government Commercial Purchase Card used as the method of payment for Giving preferential treatment to any person or organization Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? through 2021. ), a. Which three of the following statements are true? Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? how many days of the billing cycle end date? 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. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. CLG 0010 DoD Governmentwide Commercial Card Exam Clg 0010 dod governmentwide commercial purchase card overview exam \text{APMEA*}&6,391&6,020\\ Purchasing items or extra quantity of items for resale or to give away to relatives. jurisdiction. T04.E02. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. The Government Commercial Purchase Card used as the method of payment for . CLG 001 DoD Governmentwide Commercial Purchase Card Overview C. Ensure transactions are made with responsible merchants. Round whole percents to one decimal place. Chamberlain College of Nursing. MARKETING 305. 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 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. . Hotel Guest Bills. 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. 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 CLG 0010 DOD GOV N.docx - CLG 0010 DOD GOV. COM. PUR. CARD OVERVIEW a. Purchasing office supplies for home use. Write an exponential function that models the 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. 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? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Wat are three examples of abuse of the Government Commercial Purchase Card? What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? Contract payments CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. certificate that costs $25. 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 . Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. Clg 001 Test Answers Pdf - myilibrary.org Failing to certify "Purchase Card Certification Statements" on time \end{array} f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Date on which the item/service was ordered. requirement, so you return the item to the merchant. Which three of the following constitute cardholder fraud? A. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Purchases valued at more than $2,000. Work in Progress What is the Cardholder Statement of Account? 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 what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? - 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. Requires a Primary Approving/Billing Official In five years, the value of Hybrid Golf is expected to be$270 million. Automatic suspension of all Cardholder (CH) accounts. 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. Supervisor - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. &\textbf{2013}&\textbf{2012}\\ c. conductive hearing loss Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Decrease penalties for faulty disputes Which of the following information must be included on detailed/itemized receipts? What did you do wrong? grow at an average annual rate of 5.7% for 2011 - 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? support declared contingency operations in Afghanistan. Total dollar value of the transaction 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! Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? -, You receive a request to purchase construction services. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam a merchant. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. Decrease penalties for faulty disputes The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Violating a specific-use policy Automatic suspension of accounts Automatic suspension of accountsc. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. 5 c. 15 d. 40. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Includes billing for items not ordered 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. Specifically, he has asked you to answer the following questions. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam (b) Use the graph of f(x)f^{\prime}(x)f(x) to determine where f(x)>0f^{\prime \prime}(x)>0f(x)>0, where f(x)<0f^{\prime \prime}(x)<0f(x)<0, and where f(x)=0f^{\prime \prime}(x)=0f(x)=0. 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. Review and ensure all Cardholder supporting documentation supports the payment. d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Take this Answer sheet with a grain of salt. You receive a request to purchase construction services. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. B. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. 2 b. COM. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Improves data quality and access. Vendor change card scanning capabilities - 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? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Objectives Download Course Objectives Target Attendees CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. What are three authorized uses of the Governmentwide Commercial Purchase Card? . Increased information Purchasing office supplies for home use Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? 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. Open-market micro-purchases. DAU Training Course Details - Defense Acquisition University Commercial Training requirements using the SF-182-New. What is the opportunity cost of your choice? The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. CLG 001. . using public office for private gain How many Cardholder accounts may be rolled up under a Managing Account? The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. Clg 0010 dod governmentwide commercial purchase card. Which three items describe external fraud, Includes billing for items not ordered False Authorized uses of the Governmentwide Commercial Purchase Card include: Name of the requestor Which three of the following statements about convenience checks are true? Funds must be available to cover the check value and the banks processing fee T05.e01. A. a. Complete appropriate training A. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip CLG 0010 EXAM Which three of the following constitute Cardholder fraud? 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"? Disruption to Government purchases. 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. (Select the three that apply). Total Dollar Value of the transaction What is the artificial intelligence Data Mining platform that automatically analyzes 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. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). a. A. 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