The Bank must close the account The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Vendor change card scanning capabilities 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. been needing new laptops, so this is a good time to take advantage of the increase and purchase A Cardholder's unauthorized purchase of power tools for personal useb. Defense Acquisition University. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? Used to make mission-Essential Purchases Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? Reconcile the monthly statement of account. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Disruption to Government Purchases. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Classify truck depreciation and raw materials as variable or fixed costs. 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. b. B. - 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 long does Foreign Military Sales documentation have to be retained following case closure? T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Enables the Government to earn refunds How many cardholder accounts may be rolled up under a managing account? 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. What is the artificial intelligence Data Mining platform that automatically analyzes Provide a vertical analysis of the regional segment revenues for both years. Which three of the following describe the Governmentwide Commercial Purchase Card? 20 laptops at $500 each for a total price of $10,000. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Download. CLG 001. . Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. Defrauding the government \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ What are three authorized uses of the Governmentwide Commercial Purchase Card? Work in Progress is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Must be What are three advantages of using the Governmentwide Commercial Purchase Card? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 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 Click the card to flip Date on which the item/service was ordered. Consider the following: a. the problem of gridlock b. the increase in the size of the United States. purchasing items or extra quantity of items for resale or to give away to relatives Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. It is used to solve problems in a variety of fields, including science, engineering, and finance. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Prepare a graph for raw materials. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. Total truck depreciation is $200,000 per year. Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? Complete appropriate training B. competition Click the card to flip Definition 1 / 23 ? Clarify mathematic. a. a. Alabama State University. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Decrease penalties for faulty disputes Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. Alabama State University. Use the vertical axis for cost and the horizontal axis for cubic yards of cement. 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. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. MARKETING 305. b. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? \text{Weighted average number of shares outstanding (in thousands)}\\ a. Overseas purchases up to 25000 Complete appropriate Training Purchasing items or extra quantity of items for resale or to give away to relatives. Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. CLG 0010 DOD GOV. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? CLG 001 DoD Government Commercial Purchase Card. Clg 0010 dod governmentwide commercial purchase card. Automatic suspension of accounts how many days of the billing cycle end date? After completing the course, please be sure to complete the survey at the end. How many Cardholder accounts may be rolled up under a Managing Account? - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} b. Agency/Organization Program Coordinator Open-market micro-purchases Gives DoD access to information about what its Components buy a. c. Disruption to Government purchases. The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. 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. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Supervisor Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles Which of the following are you authorized to accept? 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) T02.E03, 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?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. Which of the following is an appropriate circumstance for using a convenience check? 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? Paying for repairs of privately owned equipmentc. a. a. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? 5 c. 15 d. 40. Privacy Statement, Stuvia is not sponsored or endorsed by any college or university, Pennsylvania State University - All Campuses, Rutgers University - New Brunswick/Piscataway, University Of Illinois - Urbana-Champaign, Essential Environment: The Science Behind the Stories, Everything's an Argument with 2016 MLA Update, Managerial Economics and Business Strategy, Primates of the World: An Illustrated Guide, The State of Texas: Government, Politics, and Policy, IELTS - International English Language Testing System, TOEFL - Test of English as a Foreign Language, USMLE - United States Medical Licensing Examination, CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022). through 2021. What is the Cardholder Statement of Account? 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. B. A. Funds must be available to cover the check value and the bank's processing fee Reduced Invoicing Costs Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Reduces dod invoicing costs CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. T05.e01. Recovery of costs from governmentwide commercial Purchase Card officials a. 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 . Similar in nature to a commercial credit card You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from b. Several personnel in your office have Automatic suspension of accountsc. Whose responsibility is it to comply with Government agency Standa. 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. Giving preferential treatment to any person or organization Ordering officer purchases and payments Which three of the following are advantages of using the Governmentwide commercial purchase card? TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? PUR. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Ordering Officer purchases and payments. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? These procedures will address requirements related to which three of the following? Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Failing to certify "Purchase Card Certification Statements" on time Wat are three examples of abuse of the Government Commercial Purchase Card? requirement, so you return the item to the merchant. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. Express her total weekly salary algebraically. Similar in nature to a commercial credit card COM. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). A. Purchases valued at more than $2,000. Which three of the following constitute Cardholder fraud? 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 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? Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. 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? Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Sorry if its hard to read as well. 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? jurisdiction. CLG 0010 DoD Governmentwide Commercial Card Exam. CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. 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 is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution giving preferential treatment to any person or organization. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? Would he still think so if he saw how the government runs today? Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? 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. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. 6. a. Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam University Nevada State College Course Community health nursing (NUR 2611) Uploaded by Micah Brian Academic year2022/2023 Helpful? Automatic suspension of accounts 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.
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