- 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? Wat are three examples of abuse of the Government Commercial Purchase Card? \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ 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. 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. the Cardholder must: T05.E05. (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. 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, CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam, 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. Open-market micro-purchases a. 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? 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Failing to certify "Purchase Card Certification Statements" on time CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Purchasing items or extra quantity of items for resale or to give away to relatives. Reduces DoD Operating costs Which three of the following are advantages of using the Governmentwide commercial purchase card? COM. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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? The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to QUESTION Cardholders who have been formally granted the appropriate authority in their Letter of Delegation A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Using public office for private gain, Which of the Governmetnwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?T02.E02, 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? Local. Which two statements about Managing Accounts are true? What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions Insight on Demand (IOD) Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier false capital in Senegal. This price is several weeks income for many families. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Improves data quality and access. Objectives 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? Alabama State University. View more. A best practice calls for the card holder to reconcile transactions in the statement of account within how many days of the billing cycle end date? Clg 0010 dod governmentwide commercial purchase card. c. Disruption to Government purchases. Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? assessment. 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? 6. a. Which of the following information must be included on detailed/itemized receipts? Automatic suspension of accounts -Paying for repairs of privately owned equipment Clg 0010 dod governmentwide commercial purchase card. DoD's Governmentwide Commercial Purchase Card data to identify high-risk 00 Comments Please sign inor registerto post comments. Terms of Use You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Purchases valued at more than $2,000. Ensure adequate Funds are available to make the payment Used to make mission-essential purchases. Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% Correct Answers Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and managemen. T03.E02, What is he Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ What did you do wrong? What are the three examples of misuse of the Government Commercial Purchase Card? The government is not relieved of its obligation to pay for valid transactions made prior to the loss What is the opportunity cost of your choice? b. 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% ? CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Weightedaveragenumberofsharesoutstanding(inthousands), 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. Violating a specific-use policy national health care spending, y, in trillions, as a CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Account? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. CLG 001. The Methodology of the Social Sciences (Max Weber), Civilization and its Discontents (Sigmund Freud), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), Give Me Liberty! 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. DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? 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? ///- This one is correct/ Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? The firm recently paid a dividend of $3 per share. Complete appropriate training 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? Requires a Primary Approving/Billing Official You are interested in purchasing the common stock of Azure Corporation. These procedures will address requirements related to which three of the following? What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. (Select the three that apply). CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. I dont know, Answers are wrong. In 2011, national health care an Managing Account Billing Statement. CLG 0010. 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? Which of the following is an appropriate circumstance for using a convenience check? Which three items describe external fraud, Includes billing for items not ordered You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. //////////. payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. purchasing items or extra quantity of items for resale or to give away to relatives Reduced invoicing costs Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? jurisdiction. T06.E02. Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ Who is the individual for ensuring the existence, accuracy, and legality of information on 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 . CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. Franklin will pay the entire note (principal and interest) on the notes maturity date. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. 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. If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. 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? Identify the requirement and ensure it fulfills a mission essential need. (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. Open-market micro-purchases. 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 . Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Must not be Must be Is occasionally None of . At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank - 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? Click the card to flip Definition 1 / 23 ? After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. employee reimbursement by miscellaneous payment. Hybrid Golf has 8 million shares of stock outstanding. 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. Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. 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 . Work in Progress 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. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. 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? 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 Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. How many cardholder accounts may be rolled up under a managing account? You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Prepare a graph for truck depreciation. c. Used to make mission-essential purchases. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Last week she worked h overtime hours at double time. : 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. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. C. Ensure transactions are made with responsible merchants. 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. Merchant, What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check, Determine when and where the card/checks were last seen//////. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. a. -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, 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. What are three authorized uses of the Governmentwide Commercial Purchase Card? (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. b. CLG 001. test_prep. Download. the Cardholder can dispute a convenience check after payment has been made After completing the course, please be sure to complete the survey at the end. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Any exams in this course must be passed with a minimum score of 80%. Gives DoD access to information about what its Components buy 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. employee reimbursement by miscellaneous payment. function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Reduced invoicing costs CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. 2 b. Violating a specific-use Policy c. Ordering Officer purchases and payments. B. Must not be Must be Is occasionally None of these 2. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . T01.E02, open market micro-purchase Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. Defrauding the government UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Which three of the following statements are true? Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Quicker Payment through 2021. accept? whose responsibility is it to comply with Government agency standards of conduct? CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. CLG 0010 Exam 100% Scored_ Spring 2022 1. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? NY Times Paywall - Case Analysis with questions and their answers. Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Currently, similar-risk stocks have required returns of 10 %. \text{Weighted average number of shares outstanding (in thousands)}\\ Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? How many Cardholder accounts may be rolled up under a Managing Account? CLG 0010 EXAM Which three of the following constitute Cardholder fraud? According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Which of the following are you authorized to accept? The Cardholder must receive customized training. Agency/organization program coordinator CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 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. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? 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 committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. 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 B. Company Registration Number: 61965243 Click the card to flip Definition 1 / 70 False Authorized uses of the Governmentwide Commercial Purchase Card include: Contract payments No Ordering officer may be appointed until they have received training commensurate with their delegated authority 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} Contract payment Purchase of accountable property Ordering officer purchases and payments At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? 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. Convenience checks must be secured in a locked container Similar in nature to a commercial credit card The Bank must close the account f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating B. The financial statements include all synergistic benefits from the merger. Which three of the following statements about convenience checks are true? &\textbf{2013}&\textbf{2012}\\ Enables the Government to earn refunds The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Semi-Annual Head of activity Reviews///// What are three advantages of using the governmentwide commercial purchase card? grow at an average annual rate of 5.7% for 2011 PUR. a. Which three of the following describe the Governmentwide Commercial Purchase Card? Which three of the following describe the Governmentwide Commercial Purchase Card? What are three advantages of using the Governmentwide Commercial Purchase Card? Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. 300. points. 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? which three of the following are cardholder considerations before purchase? 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 involves the approving/billing official documenting findings and disciplinary category determinations? \end{array} support declared contingency operations in Afghanistan. Which option would you choose? Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. 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? public notification. Coordinate with their transportation service support office before initiating the transaction. what did you do wrong? Explain how this requirement is likely to affect the growth of human Funds must be available to cover the check value and the banks processing fee used to make mission-essential purchases. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Mathematics is the study of numbers, shapes, and patterns. /////////////. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true?
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