clg 0010 dod governmentwide commercial purchase card overview exam

Which of the following are you authorized to accept? 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Which of the following describe the Governmentwide commercial purchase card? T06.E02. c. 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} Reconcile the monthly Statement of Account. Open-Market Micro-Purchases Which three of the following statements are true? &\textbf{Recent Year}&\textbf{Prior Year}\\ University Of South Africa. used to make mission-essential purchases. Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". Interest penalties Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? test_prep. Recovery of costs from governmentwide commercial Purchase Card officials T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. &\textbf{(in millions)}&\textbf{(in millions)}\\ 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 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. Similar in nature to a commercial credit card. 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 Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. Ensure adequate Funds are available to make the payment 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 Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? A Cardholder's unauthorized purchase of power tools for personal useb. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Used to make mission-Essential Purchases 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 man days of the transaction date?T06.E03, 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 be miscellaneous payment. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Increased information Gives DoD access to information about what its Components buy 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. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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? . After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. You receive a request to purchase construction services. whose responsibility is it to comply with Government agency standards of conduct? -Purchasing items or extra quantity of items for resale or to give away to relatives. -Paying for repairs of privately owned equipment Authorized uses of the Governmentwide Commercial Purchase Card include: Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Convenience checks must be secured in a locked container A. Giving preferential treatment to any person or organization Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. Automatic suspension of accounts 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Purchase of accountable property Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Contract payment \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Suspected ethics violations should be reported to: Who is responsible for verifying proof of delivery for all governmentwide purchase card transactions during the monthly transaction review? Date on which the item/service was ordered TO1.E01, -Used to make mission-essential Purchases, Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement?T01.E04, The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Competition-Correct What are three examples of misuse of the governmentwide commercial Purchase card? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Date on which the item/service was ordered. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? Disruption to Government purchases. 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 . Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? In the African nation of Senegal, to enroll in school a child needs a birth Hotel Guest Bills. CLG 001 DoD Government Commercial Purchase Card. requirement, so you return the item to the merchant. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. 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. Decrease penalties for faulty disputes Round whole percents to one decimal place. Specifically, he has asked you to answer the following questions. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? capital in Senegal. At or below the micro-purchase Threshold from any vendor-Correct CLG0 0010 Test Review.pdf. Express her total weekly salary algebraically. CLG 0010. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. 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? 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? Exceeding the applicable micro-purchase Threshold 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? When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. Increased Funding 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. Mathematics is the study of numbers, shapes, and patterns. Must not be Must be Is occasionally None of these 2. Gives DoD access to information about what its components buy giving preferential treatment to any person or organization. a. c. Used to make mission-essential purchases. A. Any exams in this course must be passed with a minimum score of 80%. 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. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. 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. spending was $2.7 trillion, and it was projected to Explain how this requirement is likely to affect the growth of human 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. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Automatic suspension of accountsc. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. 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? Increased data surveillance. Prepare a graph for raw materials. a. At 90 days past due, what happens to all Cardholders accounts associated with a Managing b. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. b. Decrease penalties for faulty disputes (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. 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 three of the following are Cardholder. CLG 0010 DoD Governmentwide Commercial Card Exam. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. COM. 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//////. In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? CLG 001. test_prep. Last week she worked h overtime hours at double time. TO DO Reduced invoicing costsc. C. Reduces DoD invoicing costs. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Which there of the following statements are true? CLG 0010 Exam 100% Scored_ Spring 2022 1. Recovery of cost from Governmentwide Commercial Purchase Card officials 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 - ANSWER-True The . You are interested in purchasing the common stock of Azure Corporation. 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. competition No Ordering officer may be appointed until they have received training commensurate with their delegated authority f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating COM. Bryce has asked you to analyze the financial aspects of the potential merger. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation PUR. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? What is the artificial intelligence Data Mining platform that automatically analyzes CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Improves data quality and access. 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 CARD OVERVIEW EXAM, Honors Spanish I - Day of the Dead Project, 96% CLGOO1O DoD Governmentwide Commercial Pur, CLG 001 DoD Government Commercial Purchase Ca, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Managerial Accounting- Supplemental Practice, Pathology and Common Symptoms Arthritis: OA,. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 1. Reduced invoicing costs : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. Used to make mission-essential purchases. requirement, so you return the item to the merchant. By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 B. Currently, similar-risk stocks have required returns of 10 %. \text{Europe }&10,827&10,886\\ Which of the following is a reason that 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: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? Requires a Primary Approving/Billing Official 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. a. Menier's disease What are three advantages of using the governmentwide commercial purchase card? \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ a. Any exams in this course must be passed with a minimum score of 80%. Funds must be available to cover the check value and the banks processing fee Interest penalties 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 Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? Public Notification-Correct f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) What are three examples of abuse of the Governmentwide Commercial Purchase Card? MARKETING 305. Which of the following information must be included on detailed/itemized receipts? Recovery of cost from Governmentwide Commercial Purchase Card officials, 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. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. 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. . An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Explain. How many cardholder accounts may be rolled up under a managing account? Paying for repairs of privately owned equipment 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. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? A purchase exceeds the micro purchase threshold. Local. : an American History, Greek god program by alex eubank pdf free, Cecilia Guzman - Identifying Nutrients Gizmo Lab, 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. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. In 2011, national health care a. ), a. b. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). 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? Company Registration Number: 61965243 Which option would you choose? 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. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? Account? PUR. Which three of the following are advantages of using the Governmentwide commercial purchase card? The Cardholder must receive customized training. Interest penalties CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. jurisdiction. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? -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. Whose Responsibility is it to comply with government agency standards of conduct? Decrease penalties for faulty disputes TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? [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 Includes billing for items not ordered a merchant. 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. 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 use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. 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 Reduces dod invoicing costs Enables the Government to earn refunds //////////. f(x)f^{\prime}(x)f(x) and its graph are given. T01.E03, Name of requester the cardholder temporarily loses card privilege's The financial statements include all synergistic benefits from the merger. Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? 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