The firm recently paid a dividend of $3 per share. Decrease penalties for faulty disputes Chamberlain College of Nursing. - 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? a. Small Business Currently, similar-risk stocks have required returns of 10 %. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Franklin will pay the entire note (principal and interest) on the notes maturity date. Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. University Of South Africa. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. 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. 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. -, You receive a request to purchase construction services. Includes billing for items not ordered COM. Which three of the following describe the Governmentwide Commercial Purchase Card? DoD's Governmentwide Commercial Purchase Card data to identify high-risk -, 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. - 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? An unauthorized commitment is an agreement that is not binding solely because the agreement what are three violations of these executive orders? - 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 . You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Automatic suspension of accounts transactions? Which three of the following describe the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. Increased data surveillance. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ 20 laptops at $500 each for a total price of $10,000. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? C. public notification. The government is not relieved of its obligation to pay for valid transactions made prior to the loss A. through 2021. PUR. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. (select the three that apply) - ANSWER-1. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. Violating a specific-Use Policy. \end{array} PUR. CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. A purchase exceeds the micro purchase threshold. 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. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Whose Responsibility is it to comply with government agency standards of conduct? Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Institution. 1. A. Semi-Annual Head of activity Reviews///// Agency/organization program coordinator COM. 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? /////, Frustrated freight may never reach the intended recipient. //////////. Overseas purchases up to 25000 how many days of the billing cycle end date? (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? 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? a. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation C. A new card or checks are issued. 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 What are two advantages of the Procurement Integrated Enterprise Environment? price-icon . whose responsibility is it to comply with Government agency standards of conduct? The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. b. 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. CLG 001. test_prep. Bryce has asked you to analyze the financial aspects of the potential merger. 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. Who is the individual for ensuring the existence, accuracy, and legality of information on Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Terms of Use Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Paying for repairs of privately owned equipmentc. Both companies can borrow at an 8% interest rate. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Monthly Agency/organization program coordinator reviews///// Which three of the following are cardholder considerations before purchase? 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 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? DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. a. Menier's disease In the African nation of Senegal, to enroll in school a child needs a birth Date on which the item/service was ordered. CARD OVERVIEW EXAM, Honors Spanish I - Day of the Dead Project, 96% CLGOO1O DoD Governmentwide Commercial Pur, CLG 001 DoD Government Commercial Purchase Ca, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Managerial Accounting- Supplemental Practice, Pathology and Common Symptoms Arthritis: OA,. \hline the cardholder temporarily loses card privilege's Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? 703-805 . 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. 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. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? 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 . What are three violations of these Executive Orders?T06.E04, Defrauding the Government Review and ensure all cardholder supporting documentation supports the payment. 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. 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. Identify the requirement and ensure it fulfills a mission essential need. (Select two). Reduced Invoicing Costs Contract payments C. Reduces DoD invoicing costs. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. 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. In 2011, national health care d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? the Cardholder must: T05.E05. A Cardholder's unauthorized purchase of power tools for personal useb. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. c. Purchasing items or extra quantity of items for resale or to give away to relatives. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. This price is several weeks income for many families. 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? Which three of the following statements about convenience checks are true? If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Similar in nature to a commercial credit cardb. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Defrauding the government Slashes mean its wrong Review and ensure all Cardholder supporting documentation supports the payment. Reduces DoD Operating costs Bundle contains 3 documents. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Name of the requestor Purchasing items or extra quantity of items for resale or to give away to relatives. 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. . what did you do wrong? CLG 001. . The Government Commercial Purchase Card used as the method of payment for . 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. CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Public Notification-Correct 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 . 2. Which of the following are you authorized to accept? Interest penalties Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Funds must be available to cover the check value and the bank's processing fee 2 b. b. 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? Wat are three examples of abuse of the Government Commercial Purchase Card? CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? jurisdiction. Open-Market Micro-Purchases -Purchasing power tools for personal use The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Which three of the following are advantages of using the Governmentwide commercial purchase card? \hline -Purchasing items or extra quantity of items for resale or to give away to relatives. Alabama State University. Hotel Guest Bills. 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 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 Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest TO DO 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. 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. Take this Answer sheet with a grain of salt. How long does Foreign Military Sales documentation have to be retained following case closure? B. f(x)f^{\prime}(x)f(x) and its graph are given. Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? Ensure transactions are made with responsible merchants Enables the Government to earn refunds CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Must not be Must be Is occasionally None of these Using public office for private gain, Which of the Governmetnwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?T02.E02, 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? Recovery of costs from governmentwide commercial Purchase Card officials B. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Which of the following is an appropriate circumstance for using a convenience check? The accountant will use a sample of future weekend guest bills to test the manager's claim. commercial training request using the SF-182, valued at or below $25,000, in lieu of an TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? Exceeding the applicable micro-purchase Threshold Students also viewed Click the card to flip Definition 1 / 70 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 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. 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? Classify truck depreciation and raw materials as variable or fixed costs. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Used to make mission-essential purchases. 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 - ANSWER-True The . Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? In five years, the value of Hybrid Golf is expected to be$270 million. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com 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? may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its

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