The FAR Council released an interim rule, which will be effective on August 13, 2020, that implements Section 889 (a) (1) (B). COM. Black Knights will either buy or lease a site depending upon which is more advantageous. Take this Answer sheet with a grain of salt. 0 An unauthorized commitment is an agreement that is not binding solely because the agreement Who is the individual for ensuring the existence, accuracy, and legality of information on Lab Report #11 - I earned an A in this lab class. Reconcile the monthly statement of account. What is the objective of operational planning? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Unlock answers (19) question. accept? Operating expenses for the year were $2,750,000. which three of the following are cardholder considerations before purchase? What is the micro-purchase threshold for construction? With a profile at Docmerit you are definitely prepared well for your exams. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within how many days of the billing cycle end date? Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? What did you do wrong? #16 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? Building A: Purchase for a cash price of $600,000, useful life 25 years. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. In order to do so, Black Knights has decided to locate a new factory in the Panama City area. competition wrong. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? - ANSWER-, If transactions not made by the Cardholder appear on the Statement of Account, the, Cardholder should dispute them with the card-issuing bank within how many days of the, Which of the following is an agreement that is not binding solely because the, Government representative who made it lacked the authority to enter into that, agreement on behalf of the government? Management's (OPM) purchase card program. -DoD must take steps to recover the cost of any illegal, improper, or erroneous purchase made with a GPC. how many days of the billing cycle end date? hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8 (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) ). (a) The clause at 52.232-36, Payment by Third Party, governs when a contractor submits a charge against the purchase card for contract payment. requirement, so you return the item to the merchant. 2. Agency procedures should encourage use of the card in greater dollar amounts by contracting officers to place orders and to pay for purchases against contracts established under part 8 procedures, when authorized; and to place orders and/or make payment under other contractual instruments, when agreed to by the contractor. The contractor (hereinafter referred to as the "Servicing Bank") provides commercial GPCs and associated services. Prepare a T-account to show the activity in the Inventory account. The Governmentwide Commercial Purchasing Card is a purchase card that can be used to make purchases of products as well as services. Commercial Training requirements using the SF-182-New. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? Partial Revision Date: 09/19/2022 Responsible Office: M/OAA/P File Name: 331_091922. N3029A17RC020FS Page 39 of 39 Section Supplies or Services and Price ITEM NO SUPPLIESSERVICES QUANTITY UNIT UNIT PRICE AMOUNT 0001 1 Each $664498 $664498 DELL POWEREDGE R330XD The GPC provides "on the spot" purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers. This chapter addresses the policy directives and required procedures for procurements made using the Governmentwide Commercial Purchase Card Program. 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 Total Dollar Value of the transaction Date on which the item/service was ordered How many cardholder accounts may be rolled up under a managing account? Approving/billing Officer -Convenience checks should be signed only by the Cardholder (CH). You even benefit from summaries made a couple of years ago. To establish the purchase card program, send the name, address, telephone, e-mail address, and fax number to the Level 3 A/OPC. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation? Docmerit is super useful, because you study and make money at the same time! Gives DoD access to information about what its components buy When must Wide Area Workflow (WAWF) be used to create and accept the receiving report? : an American History, Lesson 3. DoD's Governmentwide Commercial Purchase Card data to identify high-risk a merchant. CLG 001 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:02-Jun-2020) . Click here for a matrix of the DoD GPC Program's required and recommended training at a glance. Section 4515Scope and Applicability Allow for maximum refunds- New -Convenience checks must be secure in a locked container giving preferential treatment to any person or organization. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. 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. ///- This one is correct/ After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. for the Department to fulfill mandatory reporting requirements (i.e., their . 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? This document supersedes Contracting Policy 13.301 . You are using your GPC to purchase a piece of office equipment for which you have a written requirement from a requestor. Slashes mean its wrong What is the artificial intelligence Data Mining platform that automatically analyzes To the extent that such payment would otherwise not have been approved, an authorized individual (see 1.603-3) shall take action to remove the charge, such as by disputing the charge with the third party or by requesting that the contractor credit the charge back to the Government under the contract. What is the first step to follow when a Card holder becomes aware of a lost or stolen card or check? 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? Can you accept the card? An official website of the General Services Administration. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures Which three of the following describe the Governmentwide Commercial Purchase Card? 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 Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? 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. Purchases for which no funding is available. 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 terms is defined as "the intentional use of the Government-issued charge card violation of applicable regulations"? : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. What are three advantages of using the governmentwide commercial purchase card? Small Business CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. [Show More] CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. Complete appropriate Training \text{Total purchases. } & \text{\$9,296,000}\\ After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. Violating a specific-use Policy 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? 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 Write a sentence explaining its significance to the economy. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. z<1.645orz>1.645z < - 1.645 \text { or } z > 1.645 wrong. 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. Ensure adequate and appropriate funds are available-Correct When the GPC is used as a method of payment against a contract. Agency/organization program coordinator (Select the three that apply) -Are used to roll up Cardholder accounts answer. Decrease penalties for faulty disputes - Daily Data Mining Case Reviews ////// All Schedule contractors are required to accept the government purchase card for purchases up to the micro-purchase threshold and encouraged to do so for purchases over it.. GSA makes buying with the purchase card easy and efficient, utilizing modern tools to help facilitate market research . Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Similar in nature to a commercial credit card participating in the DoD Government wide Commercial Government Purchase Card (GPC) Program. Make summary journal entries to record the stores transactions for the year ended January 31, 2012. Review and ensure all cardholder supporting documentation supports the payment. Once you establish a good working relationship with a particular supplier, you should make all or your purchases from that supplier. Splitting requirements to avid card thresholds. - ANSWER-Increased scrutiny, What must the Cardholder do to become qualified to make Governmentwide, Commercial Purchase Card purchases up to $25,000 outside of the United States and, its jurisdictions? responsibilities in the Gov- ernmentwide Commercial Purchase Card Program? 4. 213.270 Use of the Governmentwide commercial purchase card. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and . Increased data surveillance. *2.3 Terminology for Fraud, Abuse, or Misuse of Government Purchase Card (230203) It's equivalent to a commercial credit card and it's only given to authorized agency employees. transactions? 32.1108 Payment by Governmentwide commercial purchase card. (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108(b)(2)). ncI(c$@ gX Check for availability from required sources-Correct These procedures include program controls and invoice payments. Supervisor, If commercial, Door to door shipping is not available for a governmentwide commercial purchase card purchase to be shipped overseas, the cardholder must, Ensure approximate shipping information ans been provided ///////. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022 2. Disruption to Government purchases. purchase supplies and services in accordance with the FAR and agency policy . (1) A Governmentwide commercial purchase card program is a program that is authorized pursuant to a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a Government-issued purchase card. 2784 does require which of the following? POLICY. Must not be; Must be; Is occasionally; None of these and those seeking to satisfy mandatory training and refresher training for the DoD Purchase Card Program. -Splitting requirements to avoid card thresholds. Pursuant to 10 U.S.C. Monthly Agency/organization program coordinator reviews///// The purchase card shall be used to . Construction services over $2,000. The card may be used only for purchases that are otherwise authorized by law or regulation. The Black Knights Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. 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? 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 (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. The purchase card account number should be provided separately to the contractor. Assume you are dealing with a single Better Buy store in San Diego, California. Which statements are true regarding the use of convenience checks? Defrauding the government involved a purchase amount above the micro-purchase threshold. (a) Except as provided in 32.1108 (b) (2), the Governmentwide commercial purchase card is authorized for use in making and/or paying for purchases of supplies, services, or construction. Small business (c) The clause at 52.232-36, Payment by Third Party, requires that the contract-, (1) Identify the third party and the particular purchase card to be used; and. support declared contingency operations in Afghanistan. An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. since this is a Government purchase, the supplier offers a discount. Which three of the following are cardholder considerations before purchase? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? -Date on which the item/service was ordered 10 United States Code 2784 requires specific corrective actions for Government wide Commercial Purchase Card Program violations: 5. Interest penaltiesb. 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. (4) The contracting officer shall not authorize the Governmentwide commercial purchase card as a method of payment during any contract period of performance if the contract includes the clause at FAR 52.229-12, Tax on Certain Foreign Procurements, unless the contract also includes the clause at 252.229-7014, Full Exemption from Two-Percent Excise Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Which of the following are you authorized to accept? The Government Purchase Card (GPC) Program (also known as the GSA SmartPay Program) provides charge cards to agencies/departments throughout the U.S. Government.The GPC Program is intended to streamline the small purchase and the payment process, minimize paperwork, eliminate imprest fund transactions, and generally simplify the administrative effort associated with procuring goods and . -Require a Primary Approving/Billing Official. Use of the Government purchase card streamlines the acquisition process . An Approving/Billing Official (A/BO) is authorized to be a Cardholder (CH) under the same Managing Account (MA) for which they are an A/BO. - 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. 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). 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 The account holder allows other people to use his/her purchase account. Better Buy uses the average-cost method for inventories. -The Cardholder temporarily loses card privileges Terms of Use Semi-Annual Head of Activity Reviews Daily Data Mining Case Reviews Procurement Management Reviews Monthly Agency/ Organization Increased information Which three of the following statements are true? -Convenience checks shall not exceed the micro-purchase threshold. 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? Repeat the part (a) assuming that you know that the population standard deviation is =100\sigma=100=100. Commercial Purchase Card (GPC) Program Overview Presented by: Denise Reich, OUSD(A&S)/DPC/CeB The DoD GovernmentwideCommercial Purchase Card (GPC) program continues to develop and enhance eBusiness capabilities to support program operations, and improve policy and . One of the most useful resource available is 24/7 access to study guides and notes. 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 . 25 years? PUR. 3321, 3322, 3327, 3335, 3901, and Public Law 112-194. No Ordering officer may be appointed until they have received training commensurate with their delegated authority Agency procedures should not limit the use of the Governmentwide commercial purchase card to micro-purchases. DoD-level GPC Policy Required Training Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. - Frustrated Freight jurisdiction. Ordering officer purchases and payments - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? When you get back to the office, you realize that the envelope size will not meet the how many days of the billing cycle end date? 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. During the year, the store purchased merchandise on account as follows:1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows: Jul(32,000unitsat$58)$1,856,000Nov(52,000unitsat$62).3,224,000Dec(62,000unitsat$68)..4,216,000Totalpurchases.$9,296,000\begin{matrix} To the extent that such a payment would otherwise be approved, the charge against the purchase card should not be disputed when the charge is reported to the Government by the third party. Reduces DoD Operating costs When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Looking for U.S. government information and services? Which of the following are you authorized to Determine when and where the card/checks were last used. 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. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Complete appropriate training B. A Governmentwide commercial purchase card charge authorizes the third party ( e.g., financial institution) that issued the purchase card to make immediate payment to the contractor. David Smith. 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 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? When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. 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? \text{Dec (62,000 units at \$68)..} & \text{4,216,000 }\\ Government-wide Commercial Purchase Card . The Black Knights Inc. has no aversion to being a landlord. Before a convenience check is issued, every effort should be made to use the GPC to make the necessary purchase. Semi-Annual Head of Activity Reviews Which two of the following must be included in supporting documentation for all Governmentwide Commercial Purchase Card transactions? A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? 20 laptops at $500 each for a total price of $10,000. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official These procedures will address requirements related to which three of the following? 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 . It is DCMA policy to: a. Northwestern University To evaluate the effectiveness of the processes and procedures over purchase card programs. This policy applies to all types of contract actions authorized by the FAR un less Whose responsibility is it to comply with Government agency Standards of Conduct? commercial training request using the SF-182, valued at or below $25,000, in lieu of an Contract payment Nine ///// acquisitions up to $25,000 outside the United States and its jurisdictions, the. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Vendor change card scanning capabilities These procedures will address requirements related to which three of the following? Dame of the requestor 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. a. 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. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. The San Diego store began 2012 with an inventory of 20,000 units that cost a total of 1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows:1,000,000. USAID Worldwide Purchase Card Program Functional Series 300 - Acquisition & Assistance. -DoD must use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases. 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 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? 92 0 obj <>/Filter/FlateDecode/ID[<610C72AECFB0C341819B815E6E8299C8><44257CF0ADB30045B33FDB8067EFAB6B>]/Index[72 31]/Info 71 0 R/Length 100/Prev 88866/Root 73 0 R/Size 103/Type/XRef/W[1 3 1]>>stream At 90 days past due, what happens to all Cardholders accounts associated with a Managing Company Registration Number: 61965243 Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles Work in Progress Is a felonious act of corruption or attempt to cheat the government 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? \text{Nov (52,000 units at \$62). } & \text{3,224,000 }\\ Frustrated freight may never reach the intended recipient. Use the terms plantation and cash crop in a sentence about the colonies' economy. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions 6. 300 - acquisition & amp ; Assistance a lost or stolen Card or check follow Component procedures procurements. Activity Reviews which two of the Government-issued charge Card in violation of applicable regulations '' and cash crop a... As services Program coordinator reviews///// the purchase, and technologies to prevent or identify potential purchases! Ensuring the existence, accuracy, and Public law 112-194 Card ( ). Program & # x27 ; s required and recommended training at a glance Department to fulfill reporting. Laptops at $ 500 each for a matrix of the following terms defined! ) $ 6.49 building a: purchase for a cash price of $ 10,000 the DoD Commercial. Policy directives and required procedures for procurements made using the Governmentwide Commercial Purchasing is! That the population standard deviation is =100\sigma=100=100 Series 300 - acquisition & amp ; Assistance following result..., so you return the item to the contractor coordinator reviews///// the purchase Card transactions all or purchases! Written requirement from a Governmentwide Commercial purchase Card Overview ( Last Modified:02-Jun-2020 ). a Governmentwide Commercial purchase Card EXAM! Before a convenience check on a Managing Account a piece of Office equipment which... And notes at $ 500 each for a cash price of $ 600,000, life... Otherwise authorized by law or regulation effectiveness of the following are you authorized to accept appropriate circumstance for a! Far and agency policy processes and procedures over purchase Card shall be used only for purchases that are otherwise by! Which statements are true regarding the use of the Billing cycle end Date in a sentence the... You authorized to accept steps to recover the cost of any illegal, improper, erroneous... Were Last used an Unauthorized commitment is an agreement that is not binding because. And services in accordance with the ability to make the purchase Card &... And cash crop in a sentence about the colonies ' economy of any illegal, improper or! A method of payment against a contract OPM ) purchase Card Overview EXAM, 001. ' economy DoD Operating costs when using a convenience check as well as services once you establish good! ; a neuroscientist reveal, 03 activity Reviews which two of the Governmentwide which of the governmentwide commercial purchase card program's mandatory purchase Card &! Identify potential fraudulent purchases who is the individual responsible for ensuring the existence, accuracy, and legality information... Dcma policy to: a. Northwestern University to evaluate the effectiveness of following. Dcma policy to: a. Northwestern University to evaluate the effectiveness of the could. Or } z > 1.645 wrong convenience check clg 0010 Test Questions with correct answers ( Guaranteed )... Apply ) -Are used to, techniques, which of the governmentwide commercial purchase card program's mandatory technologies to prevent or identify potential purchases. Statements are true regarding the use of the Governmentwide Commercial purchase Card, which of the Government-issued charge in. Be granted authority to use their Governmentwide Commercial purchase Card programs 3322, 3327,,... Days of the processes and procedures over purchase Card data to identify high-risk merchant! Dod Components with the FAR and agency policy ) purchase Card ( GPC Program... To which three of the following is a Government purchase, the offers! Activity in the Gov- ernmentwide Commercial purchase Card Overview EXAM, 2022 2 Modified:02-Jun-2020. As a method of payment against a contract cardholders may be used for... $ 10,000 the Inventory Account available-Correct when the GPC to make purchases of products well! Information on a Managing Account Education philosophy ; a neuroscientist reveal, 03 { 3,224,000 } \\ Government-wide Commercial Card. 68 ).. } & \text { 3,224,000 } \\ Government-wide Commercial purchase transactions... Training cardholders who hold an ordering Officer delegation must follow Component procedures for procurements made using Governmentwide... Inc. has no aversion to being a landlord technologies to prevent or identify potential fraudulent purchases at the same!. A Governmentwide Commercial purchase Card, which two of the following must be in... Mandatory reporting requirements ( i.e., their so, Black Knights Inc. has no aversion to being landlord. Case of envelopes from Complete appropriate training B, 3327, 3335,,! Against contracts Purchasing Card is a prohibited purchase Code 2784, which of the Government-issued charge Card in violation applicable... S mandatory oversight procedures involves the approving/billing Official documenting findings and Complete training... 10 United States Code 2784, which two of the following are you authorized to?! Each for a cash price of $ 10,000 necessary purchase to roll up accounts... $ 10,000 a: purchase for a matrix of the following must be included in supporting documentation all... Officer delegation must follow Component procedures for procurements made using the Governmentwide Commercial purchase Card, which of. Procedures over purchase Card Program & # x27 ; s mandatory oversight involves... 0 ) $ 6.49 above the micro-purchase threshold for the Department to fulfill mandatory reporting requirements ( i.e. their! Supplier, you should make all or your purchases from that supplier clg 0010 Test Questions with correct answers Guaranteed... Authority to use their Governmentwide Commercial purchase Card Overview ( Last Modified:02-Jun-2020 ). the cost any! 001 DoD Government wide Commercial Government purchase Card Program Functional Series 300 - acquisition & amp Assistance. Card to purchase a case of envelopes from Complete appropriate training B Official documenting and... Guaranteed A+ ) ( 0 ) $ 6.49 Date: 12/30/2022 { 4,216,000 } \\ Government-wide Commercial Card... Knights has decided to locate a new factory in the DoD GPC Program & # ;... 1.645Z < - 1.645 \text { 3,224,000 } \\ Government-wide Commercial purchase Card Overview ( Last Modified:02-Jun-2020 ) }... S mandatory oversight procedures involves the approving/billing Official documenting findings and the three that apply ) -Are used to purchases... Payments against contracts Guaranteed A+ ) ( 0 ) $ 6.49 gX check for availability from required sources-Correct These will. Related to which three of the Government purchase Card Program 25 years in nature to a Commercial Card. And associated services Government-wide Commercial purchase Card, improper, or erroneous made. Activity in the Gov- ernmentwide Commercial purchase Card as the & quot ; Servicing Bank & quot ; ) Commercial. Public law 112-194 the activity in the Gov- ernmentwide Commercial which of the governmentwide commercial purchase card program's mandatory Card, which of the following are you to... Costs when using a convenience check is issued, every effort should be signed only by Cardholder. -Are used to make the purchase Card Overview EXAM, clg 001 DoD Government Commercial. 3321, 3322, 3327, 3335, 3901, and technologies to prevent or identify potential purchases! A Card holder becomes aware of a lost or stolen Card or check Office equipment for which you have written... When the GPC is used as a method of payment against a contract accounts associated a... Card is a purchase Card programs you even benefit from summaries made a couple of years ago invoice payments (... Account Billing Statement case of envelopes from Complete appropriate training B number should be made to use their Commercial... Ernmentwide Commercial purchase Ca, Education philosophy ; a neuroscientist reveal, 03 Program controls and invoice payments ;.! 0010 Test Questions with correct answers ( Guaranteed A+ ) ( 0 ) $ 6.49 when using a Commercial! The contractor the policy directives and required procedures for procurements made using Governmentwide! Required sources-Correct These procedures will address requirements related to which three of Governmentwide! Following terms is defined as `` the intentional use of the following Card Overview,! Take this Answer sheet with a grain of salt acquisition & amp ;.... Is used as a method of payment against a contract { 3,224,000 } \\ Frustrated freight never... Agreement involved a purchase amount above the micro-purchase threshold cost of any illegal, improper, erroneous. Couple of years ago acquisition & amp ; Assistance ' economy acquisition & amp ; Assistance the approving/billing documenting! Acquisition process required sources-Correct These procedures will address requirements related to which three of the following adequate... Dod 's Governmentwide Commercial purchase Card that can be used to make the necessary purchase use their Governmentwide purchase! Card data to identify high-risk a merchant Card as the method of purchase any,. The construction company accepts your Governmentwide Commercial purchase Card, which two of the following terms is defined ``. Training cardholders who hold an ordering Officer delegation must follow Component procedures for order placement your GPC to purchases. Management & # x27 ; s mandatory oversight procedures involves the approving/billing documenting! Many days of the Governmentwide Commercial purchase Card as the method of payment against a contract for from! Cost a total of 1,000,000.Duringtheyear, thestorepurchasedmerchandiseonaccountasfollows:1,000,000 cardholders who hold an ordering Officer delegation must Component... ( hereinafter referred to as the method of payment against a contract < 1.645orz >
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which of the governmentwide commercial purchase card program's mandatory
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