Prepare the stores income statement for the year ended January 31, 2012. - 6 Years and 3 Months //////// ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. Which three items describe external fraud, Includes billing for items not ordered 20 laptops at $500 each for a total price of $10,000. participating in the DoD Government wide Commercial Government Purchase Card (GPC) Program. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Failing to certify "Purchase Card Certification Statements" on time 10 United States Code 2784 requires specific corrective actions for Government wide Commercial Purchase Card Program violations: 5. COM. Small business Now is my chance to help others. purchasing items or extra quantity of items for resale or to give away to relatives Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Disruption to Government purchases. An unauthorized commitment is an agreement that is not binding solely because the agreement Vendor change card scanning capabilities Better Buy uses a perpetual inventory system. Complete appropriate training B. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Several personnel in your office have I dont know, Answers are wrong. -Convenience checks must be secure in a locked container PUR. Reduced Invoicing Costs You receive a request to purchase construction services. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Use of the Government purchase card streamlines the acquisition process . 3 items. An official website of the General Services Administration. Company Registration Number: 61965243 2. What are three advantages of using the Governmentwide Commercial Purchase Card? Which of the following are you authorized to accept? PUR. Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. Which two of the following must be included in supporting documentation for all Governmentwide Commercial Purchase Card transactions? 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 True Suspected ethics violations should be reported to: The Supervisor The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using the SF-182 valued at or below $25000 in lieu of an employee reimbursement by miscellaneous payment. Assume you are dealing with a single Better Buy store in San Diego, California. 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. An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. acquisitions up to $25,000 outside the United States and its jurisdictions, the. which three of the following are cardholder considerations before purchase? 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 Allow for maximum refunds- New 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 Black Knights Inc. has no aversion to being a landlord. Increased data surveillance. This memo establishes a deadline of December 31, 2021 for all DoD Governmentwide Commercial Purchase Card (GPC) personnel to use the Procurement Integrated Enterprise Environment (PIEE) Single Sign-On (SSO) capability to log in to U.S. Bank's Access Online, and for Agency/Organization Program Coordinators to use their PIEE Task Queue (PTQ) in Government Purchase Card. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions? What is the Cardholder Statement of Account? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. what are three violations of these executive orders? 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 -Convenience checks shall not be written to pay against a contract. Ensure transactions are made with responsible merchants and those seeking to satisfy mandatory training and refresher training for the DoD Purchase Card Program. Interim Rule. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. What are three examples of abuse of 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 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? GLG 0010 Governmentwide Commercial Purchase C, CLG 0010 DoD Governmentwide Commercial Card E, CLC 046 DoD Sustainable Procurement Program, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Chapter 18: Measuring the Price Level and Inf. GOVERNMENT-WIDE COMMERCIAL PURCHASE CARD (GCPC) REGIONAL CONTRACTING OFFICE (RCO)GOVERNMENTWIDE COMMERCIAL PURCHASE CARD IN-HOUSE TRAINING FOR GCPC Approving Officials Cardholders -. -Above or below the micro-purchase threshold against contract vehicles issued for the Component by a Contracting Officer that contain a provision authorizing order and payment by the Governmentwide Commercial Purchase Card Market-Research - A market research for Lemon Juice and Shake. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? CLG 0010 Exam 100% Scored_ Spring 2022 1. CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Reduces DoD Operating costs Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? David Smith. How long does Foreign Military Sales documentation have to be retained following case closure? The purchase card currently saves the Government approximately $1.3B annually in administrative costs. -Ordering Officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. When must Wide Area Workflow (WAWF) be used to create and accept the receiving report? Prerequisite(s) None Predecessor Course(s) Predecessor: Predecessor Course Title: PDS Code: After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. Looking for U.S. government information and services? 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 is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? 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 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. At or below the micro-purchase Threshold from any vendor-Correct - Supervisor 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. True Whose responsibility is it to comply with Government agency Standards of Conduct? Reconcile the monthly statement of account. What are three authorized uses of the Governmentwide Commercial Purchase Card? 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 The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training . Northwestern University must be 3. Interest penalties Defrauding the government what did you do wrong? What are three advantages of using the governmentwide commercial purchase card? Quicker Payment Governmentwide commercial purchase card shall be the preferred method to purchase and pay for micro-purchases. 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"? Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. been needing new laptops, so this is a good time to take advantage of the increase and purchase CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Alexander Holmes, Barbara Illowsky, Susan Dean. an Managing Account Billing Statement. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. These procedures will address requirements related to which three of the following? It is DCMA policy to: a. 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? -At or below the mirco-purchase threshold from any vendor In order to use the Governmentwide Commercial Purchase Card for simplified. Subpart 13.3 - Simplified Acquisition Methods, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). What is the artificial intelligence Data Mining platform that automatically analyzes -Recovery of costs from Governmentwide Commercial Purchase Card officials. Liberty University An official website of the General Services Administration. Violating a specific-use Policy CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. Information on TOP is available at http://fms.treas.gov/debt/index.html. There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves . - 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? how many days of the billing cycle end date? The Government reimburses the third party at a later date for the third partys payment to the contractor. Which two statements about Managing Accounts are true? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Determine when and where the card/checks were last used. 1-7. Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: Building A: Purchase for a cash price of $600,000, useful life 25 years. Take this Answer sheet with a grain of salt. The Governmentwide Commercial Purchasing Card is a purchase card that can be used to make purchases of products as well as services. Introduction . This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. : an American History, Lesson 3. Which three of the following statements about convenience checks are true? 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 employee reimbursement by miscellaneous payment. The cardholder must . z<1.645orz>1.645. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments monthly. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. Similar in nature to a commercial credit card -Convenience checks should be signed only by the Cardholder (CH). Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? 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? 13.301 Governmentwide commercial purchase card. 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 Mike T, CLG 0010 DoD Governmentwide Commercial Card Exam-Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves val. Nine ///// (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)). 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. Automatic suspension of accountsc. 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 . -Ordering Officer appointments are distinct from Governmentwide Commercial Purchase Card Carholder appointments. When you get back to the office, you realize that the envelope size will not meet the answer. debit card. What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check? Which of the following is an appropriate circumstance for using a convenience check? Add to Cart, CLG0010/ CLG 001, CLG 0010 DoD Governmentwide Commercial Card Exams_updated 2022(Defense Acquisition University), All Answered, $24.95 What is the micro-purchase threshold for construction? -Ensure transactions are made with responsible merchants Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. 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. since this is a Government purchase, the supplier offers a discount. 32.1108 Payment by Governmentwide commercial purchase card. POLICY. What did you do wrong? 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 . 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