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. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Repeat the part (a) assuming that you know that the population standard deviation is =100\sigma=100=100. Purchases for which no funding is available. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022.
(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) ). Work in Progress Competition-Correct Show totals for gross profit, income before tax, and net income. As required by Appendix B of the Circular, this plan outlines the policies and procedures used by the Department of Defense (DoD) to ensure that the objectives of the Governmentwide Commercial Purchase Card (GPC) Program are realized and that an effective system (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)). wrong. 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 . ///////////
(Select the three that apply). The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Sorry if its hard to read as well. endstream
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This interim rule requires contractors to provide a representation, after conducting a "reasonable inquiry," regarding their use of covered telecommunications equipment or services when submitting an . -DoD must use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases. Management's (OPM) purchase card program. 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. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. "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?" . The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. An official website of the General Services Administration. Complete appropriate training B. Nine ///// 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?
1-7. 1. used to make mission-essential purchases 2. similar in nature to a commercial credit card 3. reduced invoicing costs cardholders may be granted authority to use their governmentwide commercial purchase card accounts to make payments against contracts true [Show More] Last updated: 3 months ago Preview 1 out of 11 pages Add to cart Instant download OR PLACE CUSTOM ORDER Add to cart Instant download 8Years////
: an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. What is the Cardholder Statement of Account? -Convenience checks shall not exceed the micro-purchase threshold. 72 0 obj
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Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and . Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? -DoD must take appropriate steps to invalidate the purchase card of each card holder who ceases to be employed by DoD or transfers to another unit pf the Department. Take this Answer sheet with a grain of salt. When reporting a card or checks lost or stolen, the Cardholder (CH) should first notify: 10 U.S.C. No, you cannot accept the gift card. Federal law requires that funds must be available before any government purchase is made. -Convenience checks should be signed only by the Cardholder (CH). 2784 mandate that DoD use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases? This document supersedes Contracting Policy 13.301 . Reduces DoD Operating costs After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. - 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? CLG 0010 Exam 100% Scored_ Spring 2022 1. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? 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 Purchasing office supplies for home use - Receipt
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? Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 1) Internal Control Reviews 2)Procurement Management Reviews 3) Quarterly Data Mining Case Validation Reviews 4) Semi-Annual Head of Activity Reviews %%EOF
PUR. z<1.645orz>1.645z < - 1.645 \text { or } z > 1.645 Automatic suspension of accounts Which of the following are you authorized to $9.45 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. purchase supplies and services in accordance with the FAR and agency policy . /////, Frustrated freight may never reach the intended recipient. These procedures include program controls and invoice payments. answer. Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. Use the terms plantation and cash crop in a sentence about the colonies' economy. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. At 90 days past due, what happens to all Cardholders accounts associated with a Managing Karen. 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. Suspected ethics violations should be reported to: 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 the cardholder temporarily loses card privilege's Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. The account holder allows other people to use his/her purchase account. Public Notification-Correct Complete appropriate Training Make summary journal entries to record the stores transactions for the year ended January 31, 2012. Mr. Lawrence invests $600 at the end of How frequently should Cardholders (CHs) scan their transaction supporting data and load it into the card-issuing bank's Electronic Access System (EAS)? Invoice
However, payment by a purchase card also may be made under a contract that does not contain the clause to the extent the contractor agrees to accept that method of payment. acquisitions up to $25,000 outside the United States and its jurisdictions, the. Account? 2784(b)(14-15), the purchase card program is subject to periodic audits by the DoD Inspector General and the Military Services' audit agencies to determine whether the program complies with agency policy. -Overseas purchases up to $25,000 -Payment against an existing contract -Open-market micro-purchases Frustrated freight may never reach the intended recipient. - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? One of the most useful resource available is 24/7 access to study guides and notes. 20 laptops at $500 each for a total price of $10,000. 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? Course Hero is not sponsored or endorsed by any college or university. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? for the Department to fulfill mandatory reporting requirements (i.e., their . 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. GLG 0010 Governmentwide Commercial Purchase C, CLG 0010 DoD Governmentwide Commercial Card E, CLC 046 DoD Sustainable Procurement Program, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, 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, Chapter 18: Measuring the Price Level and Inf. Small business 0
Which three of the following statements about convenience checks are true? which three of the following describe the governmentwide commercial purchase card? (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. 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. -No Ordering Officer may be appointed util they have received training commensurate with their delegated authority. ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. transactions? With annual expenditures of approximately $13.7B, the purchase card is the primary payment and procurement method for purchases under $2,500 (often referred to as micro-purchases). The Cardholder must receive customized training. debit card. How long does Foreign Military Sales documentation have to be retained following case closure? The Bank must close the account CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, 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. and those seeking to satisfy mandatory training and refresher training for the DoD Purchase Card Program. Now is my chance to help others. 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Law requires that funds must be available before any Government purchase card program assuming.
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