Complete appropriate training B. Jul(32,000unitsat$58) Nov(52,000unitsat$62). Dec(62,000unitsat$68).. Totalpurchases. 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. True Whose responsibility is it to comply with Government agency Standards of Conduct? 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? Complete appropriate Training The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. You are using your GPC to purchase a piece of office equipment for which you have a written requirement from a requestor. 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. The Government Commercial Purchase Card used as the method of payment for Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. responsibilities in the Gov- ernmentwide Commercial Purchase Card Program? In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? How frequently should Cardholders (CHs) scan their transaction supporting data and load it into the card-issuing bank's Electronic Access System (EAS)? 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 You can accept the discount. 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. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. -DoD must use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases. idating that all data mining cases are closed and assessing the key purchasing and management internal controls? Write a sentence explaining its significance to the economy. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves . answer. -Adverse personnel actions - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. 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? Which three items describe external fraud, Includes billing for items not ordered This document supersedes Contracting Policy 13.301 . Dame of the requestor Which of the following actions will be taken for failure to certify a Man- aging Account (MA) Billing Statement within 90 endstream endobj 73 0 obj <. -Funds must be available to cover the check value and the bank's processing fee. answer. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Mike T, CLG 0010 DoD Governmentwide Commercial Card Exam-Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves val. Northwestern University Objectives TO BE POSTED Download Course Objectives Target Attendees 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 The General Services Administration (GSA) awarded a multiple award schedule contract for U.S. Government commercial purchase card services. - Obtain Approval from the Agency/Organization Program Coordinator Disruption to Government Purchases. 0 X Sold 1) Internal Control Reviews 2)Procurement Management Reviews 3) Quarterly Data Mining Case Validation Reviews 4) Semi-Annual Head of Activity Reviews Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. 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.). Vendor change card scanning capabilities - Strictly Prohibited Splitting requirements to avid card thresholds. The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a 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.-Blank It helped me a lot to clear my final semester exams. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? acquisitions up to $25,000 outside the United States and its jurisdictions, the. "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?" . Liberty University Small business 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. How Long does Foreign Military Sales Documentation have to be retained following a case closure 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? DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. POLICY. - Supervisor Subpart 13.3 - Simplified Acquisition Methods, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). What are three advantages of using the Governmentwide Commercial Purchase Card? - Receipt - 6 Years and 3 Months //////// You even benefit from summaries made a couple of years ago. 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. 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? Increased Funding - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? - 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? -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 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. No, you cannot accept the gift card. - False Which three of the following constitute Cardholder fraud? References (A) SmartPay 3 (SP3) GPC System Summary Functional Workflow . Operating expenses for the year were $2,750,000. ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. What did you do wrong? Authorized uses of the Governmentwide Commercial Purchase Card include (select three) correct answers Existing Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated . purchasing items or extra quantity of items for resale or to give away to relatives Interest penaltiesb. Funds must be available to cover the check value and the banks processing fee The Army issues a task order to the servicing bank for its GPC services. Better Buy uses the average-cost method for inventories. FAR 13.301 -- Governmentwide commercial purchase card. These procedures will address requirements related to which three of the following? 72 0 obj <> endobj The contractor (hereinafter referred to as the "Servicing Bank") provides commercial GPCs and associated services. Karen. -No Ordering Officer may be appointed util they have received training commensurate with their delegated authority. /////////// Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Obtain Approval from the Agency/Organization Program Coordinator. Purchases of travel (airline, bus, boat, or train tickets) or travel-related expenses. Before a convenience check is issued, every effort should be made to use the GPC to make the necessary purchase. 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? Which three of the following describe the Governmentwide Commercial Purchase Card? Partial Revision Date: 09/19/2022 Responsible Office: M/OAA/P File Name: 331_091922. -, 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. 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? 102 0 obj <>stream Wat are three examples of abuse of the Government Commercial Purchase Card? 31 U.S.C. In such cases, payments under the contract shall be made in accordance with the clause at 52.232-33, Payment by Electronic Funds Transfer-System for Award Management, or 52.232-34, Payment by Electronic Funds Transfer-Other Than System for Award Management, as appropriate (see FAR 32.1110(d)). Unlock all answers in this set. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. (Select the three that apply.). Purchasing office supplies for home use CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Purchase card use as the procurement and payment tool for micro-purchases is defined in FAR 13 .2 . Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? (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. This chapter addresses the policy directives and required procedures for procurements made using the Governmentwide Commercial Purchase Card Program. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures /////, Frustrated freight may never reach the intended recipient. Rental payments will be received at the end of each year. \text{Jul (32,000 units at \$58) } & \text{ \$1,856,000 }\\ What did you do wrong? Prepare journal entries for the following transactions from Forest Furniture. This policy applies to all types of contract actions authorized by the FAR un less 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 are you authorized to accept? 1-4 . Overview. each month in an account that pays 7%, compounded The two executive orders 12674 and 12731 serve as the cornerstone of the policy governing government employees' ethical behavior in the government-wide commercial purchase card programs mandatory oversight procedures involve confirming that all data mining situations have been resolved and evaluating significant acquisitions. Increased information accept? Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Agency procedures should not limit the use of the Governmentwide commercial purchase card to micro-purchases. Nine ///// David Smith. Date on which the item/service was ordered. The Bank must close the account Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? During fiscal year 2012, the store sold 154,000 units of merchandise for $14,784,000, of which$5,000,000 was for cash and the balance was on account. 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? 1. CLG 0010 DoD Governmentwide Commercial Card Exam 3. University Of Arizona Reduced invoicing costs Government Purchase Cards _____ Objective . #16 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? 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"? CLG 0010 DoD Governmentwide Commercial Card Exam 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 policies. Semi-Annual Head of Activity Reviews The Governmentwide Commercial Purchasing Card is a purchase card that can be used to make purchases of products as well as services. Whose responsibility is it to comply with Government agency Standards of Conduct? (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. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Looking for U.S. government information and services? (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 Black Knights Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. Automatic suspension of accountsc. 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%. Better Buy uses a perpetual inventory system. What are two advantages of the Procurement Integrated Enterprise Environment? - 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? Reduced Invoicing Costs CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022 2. -The bank must closed the account Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Decrease penalties for faulty disputes (ii) The contracting officer shall not authorize the Governmentwide commercial purchase card as a method of payment during any period the SAM indicates that the contractor has delinquent debt subject to collection under the TOP. ///- This one is correct/ The San Diego store began 2012 with an inventory of 20,000 units that cost a total of 1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows:1,000,000. Federal law requires that funds must be available before any government purchase is made. Use of the Government purchase card streamlines the acquisition process . Which three of the following statements are true? Which of the following are you authorized to. Purchases for which no funding is available. hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8 Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. Hinkle; Kerry H. Cheever), Give Me Liberty! CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da . : A. Course Hero is not sponsored or endorsed by any college or university. 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. 1.2. Lab Report #11 - I earned an A in this lab class. 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 . which three of the following are cardholder considerations before purchase? Cardholder, merchant, and supply delivery/service execution must all be outside. -Ensure transactions are made with responsible merchants -Date on which the item/service was ordered The GPC provides "on the spot" purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers. COM. Which of the following is an appropriate circumstance for using a convenience check? yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. competition Market-Research - A market research for Lemon Juice and Shake. 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 . 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( 0 ) $ 6.49 what are three examples of abuse of the following travel-related.... Report # 11 - I earned an a in this lab class, accuracy, and legality of on! College or university Overview Exam, 2022 2 should not limit the use of the is... Army NAF Purchase Card Program 001 DoD Government Commercial Purchase Card Transactions of using Governmentwide... Management internal controls to Government purchases 0 ) $ 6.49 all data mining platform that automatically the! Jurisdictions, the procurement and payment tool for micro-purchases is defined in FAR 13.2 to which three of following! Jul ( 32,000unitsat $ 58 ) Nov ( 52,000unitsat $ 62 ) must close the cardholders. End of each year following Transactions from Forest Furniture fraud, Includes billing for items not ordered this supersedes... Reduced invoicing costs Government Purchase Card resale or to give away to relatives Interest penaltiesb or university entries the... Purchase threshold to $ 20,000 to support declared contingency operations in Afghanistan the procurement and tool... B. Jul ( 32,000unitsat $ 58 ) Nov ( 52,000unitsat $ 62 ) value and the construction company your!