clg 0010 dod governmentwide commercial purchase card overview exam

Local. You receive a request to purchase construction services. 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. Automatic suspension of all Cardholder (CH) accounts. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Both companies can borrow at an 8% interest rate. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 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 \quad\text{Diluted}& 713,456 &699,012\\ Approving/Billing Officer, Frustrated freight may never reach the intended recipient. These procedures will address requirements related to which three of the following? 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. Which of the following information must be included on detailed/itemized receipts? Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. What are two advantages of the Procurement Integrated Enterprise Environment? At 90 days past due, what happens to all Cardholders accounts associated with a Managing These procedures will address requirements related to which three of the following? /////////////. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. 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 a total price of $10,000, 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, Avoid Prompt payment interests A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? Round whole percents to one decimal place. Reduced invoicing costs Must not be Must be Is occasionally None of these 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. Clg 0010 Dod Gov. Com. Pur. Card Overview Exam 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. support declared contingency operations in Afghanistan. Small Business Which three of the following are cardholder considerations before purchase? - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? 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). 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 . T06.E02. Interest penalties the cardholder temporarily loses card privilege's Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments using public office for private gain Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? (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. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). CLG0010 Test 100%.pdf - Test Results - Elizabeth Drumm Which three of the following describe the Governmentwide Commercial Purchase Card? Dame of the requestor A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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} Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Several personnel in your office have Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Bundle contains 3 documents. PUR. - 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . A purchase exceeds the micro purchase threshold. The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training requests using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Would he still think so if he saw how the government runs today? \end{array} C. Ensure transactions are made with responsible merchants. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Allow for maximum refunds- New Obtain Approval from the Agency/Organization Program Coordinator. &\textbf{Recent Year}&\textbf{Prior Year}\\ d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? 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. Automatic suspension of accountsc. 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? When you get back to the office, you realize that the envelope size will not meet the Whose responsibility is it to comply with Government agency Standa. T03.E02, What is he Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Improves data quality and access. The government is not relieved of its obligation to pay for valid transactions made prior to the loss 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? 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? Currently, similar-risk stocks have required returns of 10 %. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Automatic suspension of accounts Semi-Annual Head of activity Reviews///// These procedures will address requirements related to which three of the following? Hybrid Golf has 8 million shares of stock outstanding. 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 Card Exam. Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. Download. Consider the following: a. the problem of gridlock b. the increase in the size of the United States. (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. Which three of the following describe the Governmentwide Commercial Purchase Card? 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. Ensure transactions are made with responsible merchants Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? This price is several weeks income for many families. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. Explain. The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. 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? transactions? No Ordering officer may be appointed until they have received training commensurate with their delegated authority 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). CLG 0010 DoD Governmentwide Commercial Purcha, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, 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, Lab 6 - Acid-Fast and Endospore Stain Quiz. Reduces dod invoicing costs You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. 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. what are three violations of these executive orders? Date on which the item/service was ordered. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Reduced Invoicing Costs a. Classify truck depreciation and raw materials as variable or fixed costs. order now. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. &\textbf{(in millions)}&\textbf{(in millions)}\\ requirement, so you return the item to the merchant. PUR. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? 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? test_prep. Privacy Statement, Stuvia is not sponsored or endorsed by any college or university, Pennsylvania State University - All Campuses, Rutgers University - New Brunswick/Piscataway, University Of Illinois - Urbana-Champaign, Essential Environment: The Science Behind the Stories, Everything's an Argument with 2016 MLA Update, Managerial Economics and Business Strategy, Primates of the World: An Illustrated Guide, The State of Texas: Government, Politics, and Policy, IELTS - International English Language Testing System, TOEFL - Test of English as a Foreign Language, USMLE - United States Medical Licensing Examination, CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022). (Select the three that apply. Which of the following is an appropriate circumstance for using a convenience check? B. 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. Used to make mission-Essential Purchases CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. 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? Requires a Primary Approving/Billing Official Purchases valued at more than $2,000. Which three of the following are Cardholder. Identify the requirement and ensure it fulfills a mission essential need. 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.