clg 0010 dod governmentwide commercial purchase card overview exam

f(x)f^{\prime}(x)f(x) and its graph are given. 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. Purchases valued at more than $2,000. Clg 0010 dod governmentwide commercial purchase card. Identify the requirement and ensure it fulfills a mission essential need. \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ 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. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? b. A Cardholder's unauthorized purchase of power tools for personal useb. The firm recently paid a dividend of $3 per share. 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. Total dollar value of the transaction 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. How long does Foreign Military Sales documentation have to be retained following case closure? James Madison believed that the Constitution would produce effective government and good policies. Is a felonious act of corruption or attempt to cheat the Government Automatic suspension of accounts The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to a. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. T06.E02. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. COM. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? What are three authorized uses of the Governmentwide Commercial Purchase Card? 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. 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? A. b. Total Dollar value of the transaction Open-market micro-purchases. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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? There is no time limit for completing this course. COM. Purchase of accountable property Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . 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. Which three of the following constitute cardholder fraud? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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? Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Which three of the following describe the Governmentwide Commercial Purchase Card? 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. 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. Increased Funding involved a purchase amount above the micro-purchase threshold. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} 1. 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. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? Violating a specific-Use Policy. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? CLG Exam 0010.doc - Which of the following terms is defined DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). A purchase exceeds the micro purchase threshold. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . There is no time limit for completing this course. -Purchasing power tools for personal use CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. 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? /////, Frustrated freight may never reach the intended recipient. Reduces DoD Operating costs CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. Any exams in this course must be passed with a minimum score of 80%. T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx The Bank must close the account a. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Local. PUR. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? B. Students also viewed Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. The Government Commercial Purchase Card used as the method of payment for . At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank What are three advantages of using the Governmentwide Commercial Purchase Card? Currently, similar-risk stocks have required returns of 10 %. In 2011, national health care CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. (Select the three that apply. 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. Is a felonious act of corruption or attempt to cheat the government Exceeding the applicable micro-purchase Threshold Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. CLG 0010 DoD Governmentwide Commercial Purchase Card Interest penalties Several personnel in your office have Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? Convenience checks must be secured in a locked container Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? Gives DoD access to information about what its components buy According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? 300. points. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Alabama State University. 2. Disruption to Government purchases. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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. If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Franklin will pay the entire note (principal and interest) on the notes maturity date. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. 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 . - 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? Paying for repairs of privately owned equipmentc. The Government Commercial Purchase Card used as the method of payment for 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? 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? What are three examples of abuse of the Governmentwide Commercial Purchase Card? Quicker Payment public notification. Provide a vertical analysis of the regional segment revenues for both years. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Must not be Must be Is occasionally None of . Slashes mean its wrong 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. Improves data quality and access. What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? 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. A merchant does not accept payment by credit card, The secretary of defense authorizes and increases in the micro-purchase threshold to 20,000 to support declared contingency operations in Afghanistan. Account? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Similar in nature to a commercial credit cardb. Which of the following is an appropriate circumstance for using a convenience check? Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. University of the Cordilleras (formerly Baguio Colleges Foundation), Question 11 National income NI is calculated by adjusting GDP for depreciation, Click the Cost Account ID column label to display the cost accounts hierarchy, B1B4F8E6-9018-4505-BCCC-CCAF1B564D47.jpeg, 20 Who teaches you English a By whom were you taught English b By whom are you, Natanson v Kline 187 Kan 186 354 P2d 670 1960 There is corresponding support for, In Allen v Sixteen Stirling Investments Pty Ltd 1974 4 SA 164 D the plaintiff, Consumer buying patterns especially of high value purchases have changed in the, Source Futura Group Total Cost 2469 Portion Cost 617 Portion Nos 4 Portion Size, Given the six year payback the worst case is that the payback occurs at the end, A block code is called a linear code when the mapping of the k information bits, bbbbbbbbbbbboooooooooooooooooootttttttttttttttttthhhhhhhhhhhhhhhh, Bruckner 201914 89 Antibody test to check if youve had coronavirus NHS web 27, 36 Essay 2 Important qualities of a good supervisor A supervisor needs to, AUTO 132 W10 Ignition System Operation Worksheet.docx, Define and discuss the concepts of patient experience and satisfaction.docx. Must not be Must be Is occasionally None of these - 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. 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 \quad\text{Basic}& 702,987 &687,910\\ Clarify mathematic. CLG 0010 Exam Questions and Answers.docx - CLG 0010 Exam Open-Market Micro-Purchases Take this Answer sheet with a grain of salt. Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. avoid prompt payment interest 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) Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? In five years, the value of Hybrid Golf is expected to be$270 million. b. sensorineural hearing loss Reduced Invoicing Costs How long does Foreign Military Sales documentation have to be retained following case closure? a. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. View more. Funds must be available to cover the check value and the banks processing fee Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. purchasing items or extra quantity of items for resale or to give away to relatives What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 0010 DOD GOV N.docx - CLG 0010 DOD GOV. COM. PUR. CARD OVERVIEW . Clg 001 test answers - Math Practice After completing the course, please be sure to complete the survey at the end. Click the card to flip Definition 1 / 23 ? CLG 0010 DoD Governmentwide Commercial Card Exam An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? The Cardholder must receive customized training. 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. 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. The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da. A. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. 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 Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? The bank must close the account When a merchant does not accept payment by credit card. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its CLG 0010 DoD Governmentwide Commercial Card Exam. 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,. 20 laptops at $500 each for a total price of $10,000. 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 . through 2021. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? which three of the following are cardholder considerations before purchase? CLG 0010 Exam 100% Scored_ Spring 2022 1. \end{array} 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} (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). A. Which of the following is an appropriate circumstance for using a convenience check? Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? 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 of the following statements about convenience checks are true, Convenience checks must be secured in a locked container When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. CLG 0010 DoD Governmentwide Commercial Card Exam Which three of the following describe the Governmentwide Commercial Purchase Card? Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"?

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