Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Approving/billing Officer Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? (Select the three that apply. Automatic suspension of accountsc. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Clg 0010 dod governmentwide commercial purchase card. 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. Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? avoid prompt payment interest What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? a. Authorized uses of the Governmentwide Commercial Purchase Card include: Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Total dollar value of the transaction a. a. What is the Cardholder Statement of Account? employee reimbursement by miscellaneous payment. The financial statements include all synergistic benefits from the merger. 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. Overseas purchases up to 25000 PUR. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) Description The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. Total truck depreciation is $200,000 per year. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Must be What are three advantages of using the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . a. You are interested in purchasing the common stock of Azure Corporation. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. a. Round whole percents to one decimal place. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Classify truck depreciation and raw materials as variable or fixed costs. Public Notification-Correct payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Wat are three examples of abuse of the Government Commercial Purchase Card? Review and ensure all Cardholder supporting documentation supports the payment. Interest penalties How many Cardholder accounts may be rolled up under a Managing Account? 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. 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? capital in Senegal. False Authorized uses of the Governmentwide Commercial Purchase Card include: How many cardholder accounts may be rolled up under a managing account? ), a. 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) The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. spending was $2.7 trillion, and it was projected to Which of the following is an appropriate circumstance for using a convenience check? A Cardholder's unauthorized purchase of power tools for personal useb. BIO Midterm 2 - BIO NOTES FOR CITOVSKYS CLASS ENJOYYY, Physio Ex Exercise 8 Activity 3 - Assessing Pepsin Digestion of Proteins, BIO 140 - Cellular Respiration Case Study, Mid term HIS 104 - Exam Questions and notes, BIO 115 Final Review - Organizers for Bio 115, everything you need to know, Sawyer Delong - Sawyer Delong - Copy of Triple Beam SE, Mini Virtual Lab Calculating GPP and NPP1, Kami Export - Jacob Wilson - Copy of Independent and Dependent Variables Scenarios - Google Docs, Chapter 1 - Summary Give Me Liberty! requirement, so you return the item to the merchant. 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. (select the three that apply) - ANSWER-1. a. b. been needing new laptops, so this is a good time to take advantage of the increase and purchase used to make mission-essential purchases. Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. CLG 001 DoD Government Commercial Purchase Card. 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. Ordering Officer purchases and 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 0010 DOD GOV. 1. approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . ///- This one is correct/ 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? 3. 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). -, You receive a request to purchase construction services. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Following; \quad\text{Diluted}& 713,456 &699,012\\ A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Ordering officer purchases and payments Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. how many days of the billing cycle end date? Defense Acquisition University. A. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. When a merchant does not accept payment by credit card. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Which of the following are you authorized to accept? Complete appropriate Training Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. certificate that costs $25. Purchase of accountable property Increased Funding [Show More] 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. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest The Cardholder must receive customized training. Provide a vertical analysis of the regional segment revenues for both years. support declared contingency operations in Afghanistan. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Alabama State University. 20 laptops at $500 each for a total price of $10,000. 703-805 . grow at an average annual rate of 5.7% for 2011 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. -Purchasing items or extra quantity of items for resale or to give away to relatives. Funds must be available to cover the check value and the banks processing fee We're available through e-mail, live chat and Facebook. the Cardholder can dispute a convenience check after payment has been made 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? 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? Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. 20 laptops at $500 each for a total price of $10,000. The Bank must close the account At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie.