CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Is a felonious act of corruption or attempt to cheat the Government 3. After completing the course, please be sure to complete the survey at the end. Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% Correct Answers 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 managemen. 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. Splitting what would have been an $11,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true? 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. A. Must not be Must be Is occasionally None of these We're available through e-mail, live chat and Facebook. The Government Commercial Purchase Card used as the method of payment for Any exams in this course must be passed with a minimum score of 80%. function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Study documents HESI A2 for University - Knoowy Ensure transactions are made with responsible merchants 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. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam University Nevada State College Course Community health nursing (NUR 2611) Uploaded by Micah Brian Academic year2022/2023 Helpful? 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? employee reimbursement by miscellaneous payment. 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At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank competition Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer Adverse personnel actions HESI A2 summaries, notes, assignments and practice exams for University. Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. -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 GPC. Specifically, he has asked you to answer the following questions. If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? b. 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. Bundle contains 3 documents. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Weightedaveragenumberofsharesoutstanding(inthousands), Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Alexander Holmes, Barbara Illowsky, Susan Dean. CLG 0010. Merchant, What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check, Determine when and where the card/checks were last seen//////. the Cardholder must: T05.E05. Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases Which option would you choose? CLG 0010 DoD Governmentwide Commercial Card Exam. Splitting requirements to avid card thresholds. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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 . What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Total Dollar Value of the transaction purchasing items or extra quantity of items for resale or to give away to relatives What are three advantages of using the Governmentwide Commercial Purchase Card? who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Preliminary observations of one worker at the station produced the following sample time (in minutes per package): 3.5,3.2,4.13.5,3.2,4.13.5,3.2,4.1, 3.6, 3.9. A. Ordering Officer purchases and payments. Campbell Incorporated reported the following information in their consolidated income statement for the years ended December 31, 2012 and 2013: 20132012Netincome(inthousands)$1,456,091$1,200,472Weightedaveragenumberofsharesoutstanding(inthousands)Basic702,987687,910Diluted713,456699,012\begin{array}{lrr} The government is not relieved of its obligation to pay for valid transactions made prior to the loss CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Which three of the following constitute Cardholder fraud? MARKETING 305. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 20 laptops at $500 each for a total price of $10,000. -Paying for repairs of privately owned equipment -, You receive a request to purchase construction services. What are three advantages of using the governmentwide commercial purchase card? CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. 5 c. 15 d. 40. Ordering officer purchases and payments capital in Senegal. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. 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. Date on which the item/service was ordered. 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. 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. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. &\textbf{(in millions)}&\textbf{(in millions)}\\ Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Defence Acquisition University CLG 0010 Test - Browsegrades CLG 0010 DOD GOV. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) - CLG 0010 DoD CLG 0010 Exam Questions and Answers.docx - CLG 0010 Exam By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. 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? -Purchasing power tools for personal use What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Clarify mathematic. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. been needing new laptops, so this is a good time to take advantage of the increase and purchase CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Would he still think so if he saw how the government runs today? Which three of the following are advantages of using the Governmentwide commercial purchase card? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. NY Times Paywall - Case Analysis with questions and their answers. Paying for repairs of privately owned equipment 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 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 answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) 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. B. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. Local. . CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam [Show More] What are the three examples of misuse of the Government Commercial Purchase Card? In five years, the value of Hybrid Golf is expected to be$270 million. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? False Authorized uses of the Governmentwide Commercial Purchase Card include: Purchase of accountable property Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its 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. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? Violating a specific-Use Policy. (select the three that apply) - ANSWER-1. Which there of the following statements are true? Which three of the following constitute cardholder fraud? Complete appropriate Training b. Gives DoD access to information about what its components buy Obtain Approval from the Agency/Organization Program Coordinator. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Term 1 / 23 Which of the following is a cardholder responsibility in the Governmentwide Commercial Purchase Card Program? price-icon. These procedures will address requirements related to which three of the following? \quad\text{Diluted}& 713,456 &699,012\\ After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. CLG 0010 DoD Governmentwide Commercial Purchase Card COM. . Must not be Must be Is occasionally None of these 2. 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. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). C. public notification. 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. Purchases valued at more than $2,000. What was Campbells basic earnings per share in 2012 and 2013? support declared contingency operations in Afghanistan. Which of the following actions will be taken for failure to certify a Managing Account (MA) Billing Statement within 90 days of the billing cycle end date? You receive a request to purchase construction services. 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. commercial training request using the SF-182, valued at or below $25,000, in lieu of an The accountant will use a sample of future weekend guest bills to test the manager's claim. Reduced invoicing costs Giving preferential treatment to any person or organization using public office for private gain Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Write an exponential function that models the a. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. The bank must close the account [Show More] Preview 1 out of 5 pages Generating Your Document Report Copyright Violation Exam Details $6.45 Add To Cart Add To Wishlist Money Back Guarantee 24/7 Document English Business When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Interest penalties Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 2 b. Explain. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Prepare a graph for raw materials. Violating a specific-use policy The Bank must close the account C. Ensure transactions are made with responsible merchants. b. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? b. 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. 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. Which of the following is an appropriate circumstance for using a convenience check? What conclusion is appropriate when H0H_0H0 cannot be rejected? b. Objectives CLG 0010 Exam with complete solutions.docx - CLG 0010 Exam Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? PUR. Interest penaltiesb. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Which three of the following are Cardholder.
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