a. Menier's disease 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? Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. - 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? Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? Bundle contains 3 documents. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ Institution. \end{array} Students also viewed The accountant will use a sample of future weekend guest bills to test the manager's claim. There is no time limit for completing this course. 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 Download. 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. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. 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? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Defrauding the government At or below the micro-purchase Threshold from any vendor-Correct Interest penaltiesb. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? 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? HESI A2 summaries, notes, assignments and practice exams for University. 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? price-icon . Mathematics is the study of numbers, shapes, and patterns. Violating a specific-Use Policy. Which three of the following describe the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . ( c ) Verify that the given f(x)f(x)f(x) has f(x)f^{\prime}(x)f(x) as its derivative, and graph f(x)f(x)f(x) to check your conclusions in part (a). 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. purchasing items or extra quantity of items for resale or to give away to relatives giving preferential treatment to any person or organization. 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. employee reimbursement by miscellaneous payment. Failing to certify "Purchase Card Certification Statements" on time How many Cardholder accounts may be rolled up under a Managing Account? support declared contingency operations in Afghanistan. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. 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 (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. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Reduces dod invoicing costs 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. 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? Company Registration Number: 61965243 Interest penalties You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. //////////. Disruption to Government Purchases. national health care spending, y, in trillions, as a T05.e01. Vendor change card scanning capabilities False Authorized uses of the Governmentwide Commercial Purchase Card include: CLG 0010 DoD Governmentwide Commercial Card Exam 4.1 (12 reviews) Term 1 / 70 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 management internal controls? Funds must be available to cover the check value and the bank's processing fee Ordering Officer purchases and payments. through 2021. 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 Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Which three of the following are Cardholder. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? 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? 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. \hline 2. Which of the following are you authorized to accept? According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. 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 Used to make mission-Essential Purchases 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. 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. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. PUR. 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 . Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. how many days of the billing cycle end date? What is the Cardholder Statement of Account? Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Prepare a graph for truck depreciation. A. 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. PUR. Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Obtain Approval from the Agency/Organization Program Coordinator. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Purchasing office supplies for home use An unauthorized commitment is an agreement that is not binding solely because the agreement Hotel Guest Bills. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. requirement, so you return the item to the merchant. &\textbf{2013}&\textbf{2012}\\ Provide a vertical analysis of the regional segment revenues for both years. may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. 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. 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. Transactions where the governmentwide commercial purchase card is used as a method of payment T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 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? When you get back to the office, you realize that the envelope size will not meet the (Select the three that apply). Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Ordering Officer purchases and payments. How many Cardholder accounts may be rolled up under a Managing Account? Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". b. 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. Which three of the following constitute cardholder fraud? Slashes mean its wrong Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Classify truck depreciation and raw materials as variable or fixed costs. 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. Contract payment T01.E02, open market micro-purchase Which three of the following statements are true? This price is several weeks income for many families. what did you do wrong? What are the three examples of misuse of the Government Commercial Purchase Card? It is used to solve problems in a variety of fields, including science, engineering, and finance. CLG 001. 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. b. \quad\text{Basic}& 702,987 &687,910\\ Which of the following is an appropriate circumstance for using a convenience check? Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. A. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? 00 Comments Please sign inor registerto post comments. The study documents help you better prepare for exams and get higher grades. Which of the following is an appropriate circumstance for using a convenience check? You receive a request to purchase construction services. Which of the following are you authorized to. accept? 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? grow at an average annual rate of 5.7% for 2011 -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. [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 Must not be Must be Is occasionally None of . Reduced invoicing costsc. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. 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? What are three advantages of using the governmentwide commercial purchase card? a. Which three items describe external fraud? CLG 0010. 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 may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. public notification. After completing the course, please be sure to complete the survey at the end. . DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Review and ensure all Cardholder supporting documentation supports the payment. Ordering officer purchases and payments What is the artificial intelligence Data Mining platform that automatically analyzes The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. 1. 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? Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles Currently, similar-risk stocks have required returns of 10 %. f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Funds must be available to cover the check value and the banks processing fee 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. 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. Ordering Officer purchases and payments, c. Commercial training requirements using the SF-182, Which of the following terms is defined as "the international use of the Government-, issued charge card in violation of applicable regulations"? Improves data quality and access. \hline CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. \quad\text{Diluted}& 713,456 &699,012\\ Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. involved a purchase amount above the micro-purchase threshold. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? PUR. 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. Small Business Objectives 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. 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. Work in Progress CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. a. 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 703-805 . 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} Ensure adequate Funds are available to make the payment b. employee reimbursement by miscellaneous payment. Violating a specific-use Policy -, 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. test_prep. QUESTION 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 . CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Paying for repairs of privately owned equipment \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ -Paying for repairs of privately owned equipment -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. What are two advantages of the Procurement Integrated Enterprise Environment? What are three authorized uses of the Governmentwide Commercial Purchase Card? Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? We're available through e-mail, live chat and Facebook. In 2011, national health care A Cardholder's unauthorized purchase of power tools for personal use Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Which three items describe external fraud, Includes billing for items not ordered been needing new laptops, so this is a good time to take advantage of the increase and purchase Which of the following are you authorized to Franklin will pay the entire note (principal and interest) on the notes maturity date. Hybrid Golf has 8 million shares of stock outstanding. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. f(x)f^{\prime}(x)f(x) and its graph are given. 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. Click the card to flip Definition 1 / 70 Explain how this requirement is likely to affect the growth of human Identify the requirement and ensure it fulfills a mission essential need. 3. 2 b. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. 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. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). 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 d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Small business COM. These procedures will address requirements related to which three of the following? T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? b. ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. A. Increased Funding Enables the Government to earn refunds 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. How many cardholder accounts may be rolled up under a managing account? By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1