At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank PUR. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% Reduces dod invoicing costs Public Notification-Correct how many days of the billing cycle end date? \end{array} Automatic suspension of all Cardholder (CH) accounts. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? B. competition 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 0010 Exam Questions and Answers.docx - CLG 0010 Exam 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. TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? 20 laptops at $500 each for a total price of $10,000. DAU Continuous Module Details - Defense Acquisition University C. Ensure transactions are made with responsible merchants. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. \hline In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? False Authorized uses of the Governmentwide Commercial Purchase Card include: b. Agency/Organization Program Coordinator Violating a specific-use Policy Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator T05.e01. Complete appropriate Training CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet Enables the Government to earn refunds Reduced Invoicing Costs View more. COM. a. A merchant does not accept payment by credit card. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. 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? Clg 0010 Training Slides - faqcourse.com (select the three that apply) - ANSWER-1. whose responsibility is it to comply with Government agency standards of conduct? CLG0010 Test 100%.pdf - Test Results - Elizabeth Drumm What are three examples of misuse of the governmentwide commercial Purchase card? T05.E03. CLG 001 DoD Governmentwide Commercial Purchase Card Overview - ANSWER-, 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 many days of the, 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? 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. COM. Would he still think so if he saw how the government runs today? who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment Which three of the following are cardholder considerations before purchase? What are three authorized uses of the Governmentwide Commercial Purchase Card? Which two statements about Managing Accounts are true? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Which three of the following statements about convenience checks are true? Date on which the item/service was ordered Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? CLG 0010 DOD GOV N.docx - CLG 0010 DOD GOV. COM. PUR. CARD OVERVIEW capital in Senegal. Contract payments. Total truck depreciation is $200,000 per year. CLG0 0010 Test Review.pdf. &\textbf{(in millions)}&\textbf{(in millions)}\\ I dont know, Answers are wrong. 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? Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? c. Used to make mission-essential purchases. 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 answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question 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, Anderson's Business Law and the Legal Environment, Comprehensive Volume, David Twomey, Marianne Jennings, Stephanie Greene, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Operations Management: Sustainability and Supply Chain Management, Calculus for Business, Economics, Life Sciences and Social Sciences, Karl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett, HORRIBLE HISTORIES - Rotten Romans - Basic Ti. Contract payments The Government Commercial Purchase Card used as the method of payment for . What is the artificial intelligence Data Mining platform that automatically analyzes Bryce has asked you to analyze the financial aspects of the potential merger. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? What are three examples of abuse of the Governmentwide Commercial Purchase Card? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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. The financial statements include all synergistic benefits from the merger. d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? \text{Weighted average number of shares outstanding (in thousands)}\\ According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Interest penalties Open-market micro-purchases Which three of the following statements are true? - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. 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. 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. Funds must be available to cover the check value and the banks processing fee Institution. Account? using public office for private gain Defense Acquisition University. In the African nation of Senegal, to enroll in school a child needs a birth In 2011, national health care Decrease penalties for faulty disputes After completing the course, please be sure to complete the survey at the end. giving preferential treatment to any person or organization. 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? CLG 0010 Exam (Questions & Correct Answers)_ Spring 2022 Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Local. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? CLG 0010 EXAM Which three of the following constitute Cardholder fraud? Splitting requirements to avid card thresholds. Review and ensure all Cardholder supporting documentation supports the payment. C. A new card or checks are issued. 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? T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. What are the three examples of misuse of the Government Commercial Purchase Card? 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. been needing new laptops, so this is a good time to take advantage of the increase and purchase Used to make mission-Essential Purchases Giving preferential treatment to any person or organization Decrease penalties for faulty disputes Interest penaltiesb. DAU Training Course Details - Defense Acquisition University T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? 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. 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. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments test_prep. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Weightedaveragenumberofsharesoutstanding(inthousands), 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. Total Dollar value of the transaction T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 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 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). You are interested in purchasing the common stock of Azure Corporation. 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. Which of the following actions will be taken for failure to certify a Managing Account (MA) Billing Statement within 90 days of the billing cycle end date? price-icon. 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. \text{APMEA*}&6,391&6,020\\ When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? a. B. At 90 days past due, what happens to all Cardholders accounts associated with a Managing You receive a request to purchase construction services. Clg 0010 Dod Gov. Com. Pur. Card Overview Exam This price is several weeks income for many families. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within A Cardholder's unauthorized purchase of power tools for personal useb. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Purchasing office supplies for home use. 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 Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. 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? It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. An unauthorized commitment is an agreement that is not binding solely because the agreement DoD's Governmentwide Commercial Purchase Card data to identify high-risk Monthly Agency/organization program coordinator reviews///// Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Requires a Primary Approving/Billing Official Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. 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? b. 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? Is a felonious act of corruption or attempt to cheat the Government b. Small business Date on which the item/service was ordered. B. b. Reconcile the monthly Statement of Account. TO DO Convenience checks must be secured in a locked container Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. We're available through e-mail, live chat and Facebook. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. /////, Frustrated freight may never reach the intended recipient. Improves data quality and access. Which three of the following describe the Governmentwide Commercial Purchase Card? c. Purchasing items or extra quantity of items for resale or to give away to relatives. Self Generated Cardholder Purchases-Correct, 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. CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. 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. Reconcile the monthly Statement of Account Wat are three examples of abuse of the Government Commercial Purchase Card? 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? 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. 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? Ensure adequate Funds are available to make the payment Currently, similar-risk stocks have required returns of 10 %. Explain how this requirement is likely to affect the growth of human Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? a. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Following; TO1.E01, -Used to make mission-essential Purchases, Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement?T01.E04, The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Express her total weekly salary algebraically. grow at an average annual rate of 5.7% for 2011 Clg 001 test answers - Math Practice How long does Foreign Military Sales documentation have to be retained following case closure? Reduces DoD Operating costs Funds must be available to cover the check value and the bank's processing fee CLG 0010 DoD Governmentwide Commercial Purchase Card You receive a request to purchase construction services. What are three authorized uses of the Governmentwide Commercial Purchase Card? \end{array} Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? 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. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. 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 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. The Bank must close the account 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 cardholder temporarily loses card privilege's Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Adverse personnel actions Must not be Must be Is occasionally None of these how many days of the billing cycle end date? When you get back to the office, you realize that the envelope size will not meet the CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam Clg 0010 dod governmentwide commercial purchase card. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. HESI A2 summaries, notes, assignments and practice exams for University. Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. Defrauding the government Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Competition-Correct 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}
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