Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Hotel Guest Bills. Several personnel in your office have been needing new laptops, so this is a god time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000. Requires a Primary Approving/Billing Official Terms of Use Franklin will pay the entire note (principal and interest) on the notes maturity date. After completing the course, please be sure to complete the survey at the end. Overseas purchases up to 25000 I dont know, Answers are wrong. QUESTION In five years, the value of Hybrid Golf is expected to be$270 million. What are the three examples of misuse of the Government Commercial Purchase Card? Paying for repairs of privately owned equipment Total dollar value of the transaction c. Used to make mission-essential purchases. The government is not relieved of its obligation to pay for valid transactions made prior to the loss Company Registration Number: 61965243 a. Gives DoD access to information about what its Components buy CLG 0010 DoD Governmentwide Commercial Purchase Card Overview \text{Other Countries \& Corprate}&\underline{1,535}&\underline{1,572}\\ The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. CLG 0010 DoD Governmentwide Commercial Card Exam Defense Acquisition University. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. 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. PUR. 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. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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 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. (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. Slashes mean its wrong Violating a specific-use policy 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. 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 Overview Exam - Quizlet Competition-Correct 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. When you get back to the office, you realize that the envelope size will not meet the The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to 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? In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? a. A merchant does not accept payment by credit card. 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 . competition Which three of the following constitute cardholder fraud? Account? Total truck depreciation is $200,000 per year. The Government Commercial Purchase Card used as the method of payment for Decrease penalties for faulty disputes Used to make mission-essential purchases. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? At 90 days past due, what happens to all Cardholders accounts associated with a Managing What is the artificial intelligence Data Mining platform that automatically analyzes A Cardholder's unauthorized purchase of power tools for personal useb. b. Similar in nature to a commercial credit card. order now. Which three of the following statements are true? Small Business Consider the following: a. the problem of gridlock b. the increase in the size of the United States. DAU Training Course Details - Defense Acquisition University CLG 001. test_prep. These procedures will address requirements related to which three of the following? Objectives ///- This one is correct/ b. What are three authorized uses of the Governmentwide Commercial Purchase Card? Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) - CLG 0010 DoD the Cardholder can dispute a convenience check after payment has been made What are two advantages of the Procurement Integrated Enterprise Environment? Commercial Training requirements using the SF-182-New. \end{array} 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 . 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. 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. COM. Violating a specific-use Policy Enables the Government to earn refunds 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. C. Reduces DoD invoicing costs. Contract payments Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Review and ensure all Cardholder supporting documentation supports the payment. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. 2. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100% CLG 0010 DoD Governmentwide Commercial Purcha, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, 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, Lab 6 - Acid-Fast and Endospore Stain Quiz. 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? In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Which three of the following are Cardholder. Automatic suspension of accounts CLG 0010 DoD Governmentwide Commercial Card Exam. 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. 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 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. At or below the micro-purchase Threshold from any vendor-Correct 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. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments Click the card to flip Definition 1 / 70 - 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 . Semi-Annual Head of activity Reviews///// 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. Funds must be available to cover the check value and the banks processing fee Who is the individual for ensuring the existence, accuracy, and legality of information on PUR. T07.E01, failing to certify Purchase Card Certification Statements" on time 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 Reduced invoicing costsc. Contract payment B. CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. CLG0 0010 Test Review.pdf. Failing to certify "Purchase Card Certification Statements" on time CLG 0010 Exam (Questions & Correct Answers)_ Spring 2022 Clg 0010 dod governmentwide commercial purchase card. 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? Institution. Must not be Must be Is occasionally None of these If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Vendor change card scanning capabilities CLG 0010 DOD GOV. T05.e01. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? 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. 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. Open-market micro-purchases Reduces DoD Operating costs 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. c. Ordering Officer purchases and payments. 20 laptops at $500 each for a total price of $10,000. PUR. Quicker Payment Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles 5 c. 15 d. 40. (Select the three that apply). Dame of the requestor -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 GPC. NY Times Paywall - Case Analysis with questions and their answers. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. 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 is a reason that 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: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? How long does Foreign Military Sales documentation have to be retained following case closure? 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 Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review?
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