Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Which Three of the Following Statements Are True Clg 0010 \hline CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100% CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. Includes billing for items not ordered Bryce has asked you to analyze the financial aspects of the potential merger. 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. c. Disruption to Government purchases. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Currently, similar-risk stocks have required returns of 10 %. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. CLG 0010 DoD Governmentwide Commercial Card Exam 4.1 (12 reviews) Term 1 / 70 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? B. (Select the three that apply). Mathematics is the study of numbers, shapes, and patterns. HESI A2 summaries, notes, assignments and practice exams for University. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? 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. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. 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"? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. PUR. You receive a request to purchase construction services. There is no time limit for completing this course. 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? Recovery of costs from governmentwide commercial Purchase Card officials 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 are advantages of using the Governmentwide Commercial Purchase Card? Which three of the following statements about convenience checks are true? Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. 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. Hotel Guest Bills. Which of the following information must be included on detailed/itemized receipts? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Purchasing items or extra quantity of items for resale or to give away to relatives. 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,. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? a. (Select two). price-icon. COM. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam Study documents HESI A2 for University - Knoowy A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. b. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam Which of the following is an appropriate circumstance for using a convenience check? Classify truck depreciation and raw materials as variable or fixed costs. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. 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? ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. Automatic suspension of all Cardholder (CH) accounts. 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. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? What was Campbells basic earnings per share in 2012 and 2013? How long does Foreign Military Sales documentation have to be retained following case closure? 1. 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? - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. When a merchant does not accept payment by credit card. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet avoid prompt payment interest MARKETING 305. [Show more] Preview 2 out of 6 pages a. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). used to make mission-essential purchases. T06.E02. View more. 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 What are three violations of these Executive Orders?T06.E04, Defrauding the Government T02.E03, 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?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx - 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. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ support declared contingency operations in Afghanistan. COM. 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 Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest 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). Provide a vertical analysis of the regional segment revenues for both years. Open-market micro-purchases. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Must not be Must be Is occasionally None of these 2. T05.e01. \text{APMEA*}&6,391&6,020\\ commercial training request using the SF-182, valued at or below $25,000, in lieu of an C. Reduces DoD invoicing costs. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Complete appropriate Training Purchasing office supplies for home use A. Explain how this requirement is likely to affect the growth of human B. : 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 are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Similar in nature to a commercial credit cardb. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 20 laptops at $500 each for a total price of $10,000. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. using public office for private gain a. . Ensure adequate Funds are available to make the payment Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution CLG 0010. - 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? There is no time limit for completing this course. Ordering Officer purchases and payments. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? accept? If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely Disabled), the Cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. A merchant does not accept payment by credit card. 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. The government is not relieved of its obligation to pay for valid transactions made prior to the loss 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. Contract payment Interest penalties Whose Responsibility is it to comply with government agency standards of conduct? CLG 0010 Exam 100% Scored_ Spring 2022 1. Which three of the following constitute cardholder fraud? ///- This one is correct/ What are three examples of abuse of the Governmentwide Commercial Purchase Card? Violating a specific-use Policy /////////////. Download. 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. Which three items describe external fraud? 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You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Institution. Clg 001 test answers - Math Methods By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 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? (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. 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? Hybrid Golf has 8 million shares of stock outstanding. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Which of the following is an appropriate circumstance for using a convenience check? - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. The Cardholder must receive customized training. \hline C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. 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? 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? What conclusion is appropriate when H0H_0H0 cannot be rejected? a. Similar in nature to a commercial credit card employee reimbursement by miscellaneous payment. c. conductive hearing loss What is the artificial intelligence Data Mining platform that automatically analyzes What are three authorized uses of the Governmentwide Commercial Purchase Card? 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. After completing the course, please be sure to complete the survey at the end. 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? It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. CLG 001 DoD Government Commercial Purchase Card. How many cardholder accounts may be rolled up under a managing account? Terms of Use Local. CLG 0010 DoD Governmentwide Commercial Card Exam Name of the requestor Who is the individual for ensuring the existence, accuracy, and legality of information on Monthly Agency/organization program coordinator reviews///// Small Business b. Agency/Organization Program Coordinator C. public notification. Increased Funding /////, Frustrated freight may never reach the intended recipient. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its T05.E03. The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. Interest penalties T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Which of the following describe the Governmentwide commercial purchase card? Adverse personnel actions Reconcile the monthly Statement of Account The financial statements include all synergistic benefits from the merger. . Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. 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Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Automatic suspension of accounts NY Times Paywall - Case Analysis with questions and their answers. What is the Cardholder Statement of Account? The Government Commercial Purchase Card used as the method of payment for . James Madison believed that the Constitution would produce effective government and good policies. Used to make mission-Essential Purchases &\textbf{2013}&\textbf{2012}\\ Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . Clg 001 test answers - Math Practice Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. 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. Total Dollar Value of the transaction C. Ensure transactions are made with responsible merchants. b. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Any exams in this course must be passed with a minimum score of 80%. 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? Funds must be available to cover the check value and the bank's processing fee \end{array} Splitting requirements to avid card thresholds. 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. Clg 0010 Training Slides - faqcourse.com 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? These procedures will address requirements related to which three of the following? 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? Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. a. QUESTION Complete appropriate training Commercial Training requirements using the SF-182-New. 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. 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 Enables the Government to earn refunds 2 b. Enables the Government to earn refunds Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Decrease penalties for faulty disputes Reduced invoicing costs Total Dollar value of the transaction CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet
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