a merchant. b. PUR. Identify the requirement and ensure it fulfills a mission essential need. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. Enables the Government to earn refunds There is no time limit for completing this course. 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 Terms of Use What is the artificial intelligence Data Mining platform that automatically analyzes B. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Which of the following is an appropriate circumstance for using a convenience check? involved a purchase amount above the micro-purchase threshold. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 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. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 00 Comments Please sign inor registerto post comments. CLG 001. test_prep. Contract payment avoid prompt payment interest 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. - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? Mathematics is the study of numbers, shapes, and patterns. What is the Cardholder Statement of Account? What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? It is used to solve problems in a variety of fields, including science, engineering, and finance. These procedures will address requirements related to which three of the following? 20 laptops at $500 each for a total price of $10,000. 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? 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 ///////. Automatic suspension of accounts Which there of the following statements are true? Which three of the following statements about convenience checks are true? transactions? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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. 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? Total truck depreciation is $200,000 per year. Exceeding the applicable micro-purchase Threshold What is Step 2 of the Governmentwide Commercial Purchase Card Program process? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Quicker 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? Which one of the following is an advantage of using the 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 the price of $10,000. Account? COM. 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. The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. -Purchasing items or extra quantity of items for resale or to give away to relatives. What are three examples of abuse of the Governmentwide Commercial Purchase Card? Paying for repairs of privately owned equipment 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. Total dollar value of the transaction Which of the following is an appropriate circumstance for using a convenience check? may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its Which three of the following constitute cardholder fraud? T07.E01, failing to certify Purchase Card Certification Statements" on time CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. grow at an average annual rate of 5.7% for 2011 a. Agency/organization program coordinator (Select two). b. Specifically, he has asked you to answer the following questions. Purchases valued at more than $2,000. The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or competition -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. Franklin will pay the entire note (principal and interest) on the notes maturity date. Vendor change card scanning capabilities 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? Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. a. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to \text{APMEA*}&6,391&6,020\\ Take this Answer sheet with a grain of salt. Reduces dod invoicing costs requirement, so you return the item to the merchant. 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. Which of the following are you authorized to a. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. 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. What conclusion is appropriate when H0H_0H0 cannot be rejected? using public office for private gain \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ a. 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. Transactions where the governmentwide commercial purchase card is used as a method of payment 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? You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Slashes mean its wrong Ordering officer purchases and payments TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Which three items describe external fraud, Includes billing for items not ordered Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. 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. C. public notification. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? 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? 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. Splitting requirements to avid card thresholds. Gives DoD access to information about what its components buy 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. 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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 . Cross), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Principles of Environmental Science (William P. Cunningham; Mary Ann Cunningham), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. Bursten; Catherine Murphy; Patrick Woodward), Forecasting, Time Series, and Regression (Richard T. O'Connell; Anne B. Koehler), Psychology (David G. Myers; C. Nathan DeWall), Campbell Biology (Jane B. Reece; Lisa A. Urry; Michael L. Cain; Steven A. Wasserman; Peter V. Minorsky), Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. Hinkle; Kerry H. 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Supervisor Interest penalties 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. Open-market micro-purchases Express her total weekly salary algebraically. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Alabama State University. 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 transaction date? Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. 1. [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 Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). A. Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 University Of South Africa. 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? What was Campbells basic earnings per share in 2012 and 2013? When you get back to the office, you realize that the envelope size will not meet the Ordering Officer purchases and payments. employee reimbursement by miscellaneous payment. 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. [Show more] Preview 2 out of 6 pages You receive a request to purchase construction services. Which three of the following describe the Governmentwide Commercial Purchase Card? 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 $20,000 to support declared contingency operations in Afghanistan. employee reimbursement by miscellaneous payment. Download. Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. Hotel Guest Bills. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and managemen . which three of the following are cardholder considerations before purchase? Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Increased Funding What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. b. (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. . . accept? CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Convenience checks must be secured in a locked container &\textbf{2013}&\textbf{2012}\\ Which option would you choose? TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip 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? 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. What are three advantages of using the Governmentwide Commercial Purchase Card? A. (select the three that apply) - ANSWER-1. public notification. Review and ensure all cardholder supporting documentation supports the payment. Increased data surveillance. 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. CLG 0010 DOD GOV. assessment. 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. We're available through e-mail, live chat and Facebook. Last week she worked h overtime hours at double time. What are two advantages of the Procurement Integrated Enterprise Environment? approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . Automatic suspension of all Cardholder (CH) accounts. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? View more. Which two statements about Managing Accounts are true? Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Funds must be available to cover the check value and the banks processing fee 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. Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. 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? CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. Approving/billing Officer Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Clarify mathematic. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. what did you do wrong? 2 b. 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 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 B. The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. CLG 0010. What are three advantages of using the governmentwide commercial purchase card? \end{array} Enables the Government to earn refunds A. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. At 90 days past due, what happens to all Cardholders accounts associated with a Managing
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