-Purchasing power tools for personal use Total Dollar Value of the transaction Objectives Download Course Objectives Target Attendees 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? Coordinate with their transportation service support office before initiating the transaction. A. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The firm recently paid a dividend of $3 per share. Wat are three examples of abuse of the Government Commercial Purchase Card? Which three of the following describe the Governmentwide Commercial Purchase Card? Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Round whole percents to one decimal place. a. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. \text{Europe }&10,827&10,886\\ - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? T06.E02. b. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. a. B. whose responsibility is it to comply with Government agency standards of conduct? Which of the following is an appropriate circumstance for using a convenience check? 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? 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. Purchasing office supplies for home use CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. These procedures will address requirements related to which three of the following? Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". 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. What is the artificial intelligence Data Mining platform that automatically analyzes Interest penalties Total dollar value of the transaction CLG 001. . transactions? CLG 0010 EXAM Which three of the following constitute Cardholder fraud? //////////. Prepare a graph for raw materials. 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. This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). &\textbf{(in millions)}&\textbf{(in millions)}\\ 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? Take this Answer sheet with a grain of salt. Both companies can borrow at an 8% interest rate. T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. using public office for private gain Any exams in this course must be passed with a minimum score of 80%. a. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. \hline \text{APMEA*}&6,391&6,020\\ Click the card to flip Definition 1 / 70 Which three of the following statements are true? \text{Weighted average number of shares outstanding (in thousands)}\\ There is no time limit for completing this course. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. The study documents help you better prepare for exams and get higher grades. PUR. 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. University Of South Africa. Work in Progress 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. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Course Hero is not sponsored or endorsed by any college or university. what are three violations of these executive orders? Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Which three of the following are Cardholder. Bryce has asked you to analyze the financial aspects of the potential merger. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. used to make mission-essential purchases. An unauthorized commitment is an agreement that is not binding solely because the agreement Splitting requirements to avid card thresholds. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. T05.e01. B. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? C. public notification. The Government Commercial Purchase Card used as the method of payment for 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. price-icon . 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? a. Suspected ethics violations should be reported to: DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to, Allow for maximum refunds At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? [Show More] /////////////. ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. 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. a merchant. Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. Ordering Officer purchases and payments. 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? Contract payment CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. Franklin will pay the entire note (principal and interest) on the notes maturity date. It is used to solve problems in a variety of fields, including science, engineering, and finance. Students also viewed Prepare a graph for truck depreciation. Account? CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Automatic suspension of accounts a. \end{array} Disruption to Government purchases. A. After completing the course, please be sure to complete the survey at the end. employee reimbursement by miscellaneous payment. Automatic suspension of accounts Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. The accountant will use a sample of future weekend guest bills to test the manager's claim. 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. purchasing items or extra quantity of items for resale or to give away to relatives Violating a specific-use Policy 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. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. 1. 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. 2 b. Gives DoD access to information about what its components buy You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Which of the following are you authorized to accept? How many Cardholder accounts may be rolled up under a Managing Account? Obtain Approval from the Agency/Organization Program Coordinator. Purchasing office supplies for home use. Paying for repairs of privately owned equipment, in step 12 of the governmentwide commercial purchase card program process, what are three Situations in which the acceptor must ensure written independent receipt and acceptance, Purchase of accountable property Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Ensure adequate Funds are available to make the payment Which three of the following describe the Governmentwide Commercial Purchase Card? - ANSWER-approving/billing official what is the cardholder statement of account?- ANSWER-A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle . Ensure transactions are made with responsible merchants Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? What are three examples of abuse of the Governmentwide Commercial Purchase Card? What are the three examples of misuse of the Government Commercial Purchase Card? Adverse personnel actions An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. What did you do wrong? Click the card to flip Definition 1 / 23 ? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. the cardholder temporarily loses card privilege's c. Disruption to Government purchases. Ordering officer purchases and payments 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 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. (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. CLG 0010 DoD Governmentwide Commercial Card Exam. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Provide a vertical analysis of the regional segment revenues for both years. the Cardholder can dispute a convenience check after payment has been made how many days of the billing cycle end date? Contract payments CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. Small business requirement, so you return the item to the merchant. 20 laptops at $500 each for a total price of $10,000. a. &\textbf{Recent Year}&\textbf{Prior Year}\\ Write an exponential function that models the Used to make mission-Essential Purchases Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. Reconcile the monthly Statement of Account. Automatic suspension of accountsc. 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. How long does Foreign Military Sales documentation have to be retained following case closure? 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? Which three of the following are advantages of using the Governmentwide commercial purchase card? 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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. T01.E03, Name of requester 300. points. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator Hotel Guest Bills. Explain. What is the opportunity cost of your choice? support declared contingency operations in Afghanistan. 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 Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 00 Comments Please sign inor registerto post comments. \quad\text{Diluted}& 713,456 &699,012\\ Several personnel in your office have The financial statements include all synergistic benefits from the merger. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. A. Explain how this requirement is likely to affect the growth of human Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? What are three authorized uses of the Governmentwide Commercial Purchase Card? Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. 6. Last week she worked h overtime hours at double time. [Show More] Preview 1 out of 5 pages Generating Your Document Report Copyright Violation Exam Details $6.45 Add To Cart Add To Wishlist Money Back Guarantee 24/7 Document English Business A. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. C. Ensure transactions are made with responsible merchants. . If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? 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. c. Is committed by someone other than charge card program officials, An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? Defense Acquisition University. Public Notification-Correct 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 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. what are two advantages of the procurement integrated enterprise environment? 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 ///////. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. a. 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 man days of the transaction date?T06.E03, 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 be miscellaneous payment. &\textbf{2013}&\textbf{2012}\\ Funds must be available to cover the check value and the bank's processing fee Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? Exceeding the applicable micro-purchase Threshold requirement, so you return the item to the merchant. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Allow for maximum refunds- New a. Menier's disease Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Reduces dod invoicing costs Is a felonious act of corruption or attempt to cheat the government b. Requires a Primary Approving/Billing Official Gives DoD access to information about what its Components buy You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. HESI A2 summaries, notes, assignments and practice exams for University. A Cardholder's unauthorized purchase of power tools for personal use 20 laptops at $500 each for a total price of $10,000. Small Business After completing the course, please be sure to complete the survey at the end. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles The Government Commercial Purchase Card used as the method of payment for . Purchases valued at more than $2,000. Ordering Officer purchases and payments, c. Commercial training requirements using the SF-182, Which of the following terms is defined as "the international use of the Government-, issued charge card in violation of applicable regulations"? 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. avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Identify the requirement and ensure it fulfills a mission essential need. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Company Registration Number: 61965243 Download. 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. Date on which the item/service was ordered 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. c. Ordering Officer purchases and payments. (Select the three that apply). 2. avoid prompt payment interest 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? CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. C. A new card or checks are issued. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Which 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 CLG 001. Reduced invoicing costs Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? -Paying for repairs of privately owned equipment These procedures will address requirements related to which three of the following? 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. Violating a specific-Use Policy. 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. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip which three of the following are cardholder considerations before purchase?