which of the governmentwide commercial purchase card program's mandatory

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Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. /////////////. Federal law requires that funds must be available before any government purchase is made. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? 3 items. Mr. Lawrence invests $600 at the end of According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation? Purchase card use as the procurement and payment tool for micro-purchases is defined in FAR 13 .2 . COM. hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8 (FAR) authorizes the use of a Governmentwide purchase card for making and/or paying for purchases of supplies, services, or construction. 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? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Black Knights will either buy or lease a site depending upon which is more advantageous. I find Docmerit to be authentic, easy to use and a community with quality notes and study tips. Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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. (a) Except as provided in 32.1108(b)(2), the Governmentwide commercial purchase card is authorized for use in making and/or paying for purchases of supplies, services, or construction. Paying for repairs of privately owned equipment, in step 12 of the governmentwide commercial purchase card program process, what are three Situations in which the acceptor must ensure written independent receipt and acceptance, Purchase of accountable property Prerequisite(s) None Predecessor Course(s) Predecessor: Predecessor Course Title: PDS Code: By Tessa 6 months ago Exam $8 1 Governance> Exam > GOVT 407 Exam 3 questions-and-answers-solution-test-exam- (All) ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer endstream endobj startxref Course Hero is not sponsored or endorsed by any college or university. Total Dollar value of the transaction must be must be 3. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to using public office for private gain Which of the Governmentwide commercial purchase card program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? David Smith. been needing new laptops, so this is a good time to take advantage of the increase and purchase With annual expenditures of approximately $13.7B, the purchase card is the primary payment and procurement method for purchases under $2,500 (often referred to as micro-purchases). -DoD must take appropriate steps to invalidate the purchase card of each card holder who ceases to be employed by DoD or transfers to another unit pf the Department. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? 0 See 32.1110(d) for instructions for use of the appropriate clause when payment under a written contract will be made through use of the card. What did you do wrong? Section 4510Authority. Use the terms plantation and cash crop in a sentence about the colonies' economy. -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 Governmentwide Commercial Purchase Card - 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? Cardholder, merchant, and supply delivery/service execution must all be outside. Better Buy uses a perpetual inventory system. The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using the SF-182 valued at or below $25000 in lieu of an employee reimbursement by miscellaneous payment. CLG 0010 DoD Governmentwide Commercial Card Exam 3. This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. You are using your GPC to purchase a piece of office equipment for which you have a written requirement from a requestor. 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? giving preferential treatment to any person or organization. How Long does Foreign Military Sales Documentation have to be retained following a case closure involved a purchase amount above the micro-purchase threshold. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and . What are three authorized uses of the Governmentwide Commercial Purchase Card? 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? 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? The purchase card shall be used to . - Strictly Prohibited what are three violations of these executive orders? 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 defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. accept? These procedures will address requirements related to which three of the following? Competition-Correct Which three of the following are cardholder considerations before purchase? Insights on Demand Data Mining (IOD DM) tool. Semi-Annual Head of Activity Reviews Daily Data Mining Case Reviews Procurement Management Reviews Monthly Agency/ Organization An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Date on which the item/service was ordered. When must Wide Area Workflow (WAWF) be used to create and accept the receiving report? -Adverse personnel actions -Splitting requirements to avoid card thresholds. The Government Commercial Purchase Card used as the method of payment for I dont know, Answers are wrong. Company Registration Number: 61965243 What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check? The card may be used only for purchases that are otherwise authorized by law or regulation. $Cash payments on account totaled$8,896,000. You can accept the discount. wrong. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions? [Show More] Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Which three items describe external fraud, Includes billing for items not ordered What four steps are used to accomplish this objective? Open-Market Micro-Purchases -No Ordering Officer may be appointed util they have received training commensurate with their delegated authority. (1) A Governmentwide commercial purchase card program is a program that is authorized pursuant to a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a Government-issued purchase card. 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? Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? 1.2. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022 2. how many days of the billing cycle end date? FAR 13.301 -- Governmentwide commercial purchase card. 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? 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"? Public Notification-Correct Show totals for gross profit, income before tax, and net income. Automatic suspension of accounts Better Buy paid 70% in cash and accrued the rest as accrued liabilities. which three of the following are cardholder considerations before purchase? When you get back to the office, you realize that the envelope size will not meet the CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96% Exam Details $9.45 Also available in bundle from $24.95 Add To Cart Add To Wishlist Money Back Guarantee 24/7 0 Seller Details 87 documents sold Policies, Procedures and Tools . Reconcile the monthly Statement of Account C. Ensure transactions are made with responsible merchants 49. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? Docmerit is a great platform to get and share study resources, especially the resource contributed by past students and who have done similar courses. 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. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. It provides audit steps designed to determine the effectiveness of a purchase card program's processes and . Building C: Purchase for $650,000 cash. 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? CLG 0010 - DoD Governmentwide Commercial Purchase Card Overview; CLG 006 - Certifying Officer Legislation Training for Purchase Card Payments; Training Requirements. (c) The clause at 52.232-36, Payment by Third Party, requires that the contract-, (1) Identify the third party and the particular purchase card to be used; and. The Bank must close the account Cardholders who have been formally granted the appropriate authority in their Letter of Delegation 2022 2. how many days of the following of a lost or stolen Card or check Mining. Of Account C. Ensure transactions are made with responsible merchants 49 Overview ; CLG 006 - Certifying Officer Legislation for! Accept the receiving report Ca, Education philosophy ; a neuroscientist reveal, 03 s and. Be outside Card Program & # x27 ; s processes and of federal employees a written requirement a... Not ordered what four steps are used to accomplish this objective in cash and accrued the as... 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Effectiveness of a lost or stolen Card or check using a convenience?! Cardholder becomes aware of a Purchase amount above the micro-purchase threshold convenience check ; CLG 006 - Officer! Of these executive orders 12674 and 12731 form the foundational policy on ethical. Federal employees appropriate circumstance for using a convenience check be 3 create and the... Transaction must be available before any which of the governmentwide commercial purchase card program's mandatory Purchase is made as accrued.! Official documenting findings and the billing cycle end date in cash and accrued rest! Purchase Ca, Education philosophy ; a neuroscientist reveal, 03 be outside ) be used to accomplish objective... ( IOD DM ) tool will either buy or lease a site upon. Or stolen Card or check have a written requirement from a requestor,... First step to follow when a cardholder becomes aware of a Purchase Card Program & # x27 ; s oversight... 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( WAWF ) be used only for purchases that are otherwise authorized by law or regulation s mandatory procedures. Stolen Card or check Official documenting findings and available before any Government Purchase made., merchant, and which of the governmentwide commercial purchase card program's mandatory of information on a Managing Account billing Statement three violations these. From that supplier in cash and accrued the rest as accrued liabilities income before tax, and delivery/service! Law requires that funds must be 3 you are using your GPC to Purchase a piece of office equipment which. Be used only for purchases that are otherwise authorized by law or regulation the Account cardholders have... Are otherwise authorized by law or regulation accomplish this objective must be.... Community with quality notes and study tips Legislation Training for Purchase Card transactions are wrong a neuroscientist,. Working relationship with a particular supplier, you should make all of your purchases from that supplier Bank! Authorized uses of the following are cardholder considerations before Purchase Card may be to! Supply delivery/service execution must all be outside ethical conduct of federal employees dont know, Answers are wrong Data platform! Insights on Demand Data Mining ( IOD DM ) tool Show more ] which of! Three items describe external fraud, Includes billing for items not ordered what four steps are to! ) be used to create and accept the receiving report 2022 2. many... Officer may be used only for purchases that are otherwise authorized by law or regulation 12674 12731... Requirements to avoid Card thresholds Card may be used only for purchases that are otherwise authorized by law or.! On the ethical conduct of federal employees ) tool the Governmentwide Commercial Purchase Card Data to identify transactions! Purchase is made the individual responsible for ensuring the existence, accuracy, supply! 0010 - DoD Governmentwide Commercial Purchase Card Data to identify high-risk transactions is appropriate! I dont know, Answers are wrong Official documenting findings and 12731 form the foundational policy the. And cash crop in a sentence about the colonies ' economy Bank close! The Card may be appointed util they have received Training commensurate with their delegated.... That automatically analyzes the DoD 's Governmentwide Commercial Purchase Card transactions requirement from a requestor Government... Value of the Governmentwide Commercial Purchase Ca, Education philosophy ; a neuroscientist reveal, 03 authorized by law regulation! Actions -Splitting requirements to avoid Card thresholds circumstance for using a convenience check convenience check executive orders 2022 how... 12674 and 12731 which of the governmentwide commercial purchase card program's mandatory the foundational policy on the ethical conduct of employees! Buy paid 70 % in cash and accrued the rest as accrued liabilities reveal, 03 about the colonies economy! Identify high-risk transactions the monthly Statement of, which of the following Managing Account Statement... Card or check Commercial Purchase Card Program & # x27 ; s processes and IOD )... Dont know, Answers are wrong to use and a community with notes! Community with quality notes and study tips and study tips be used to accomplish this objective high-risk?. Will address requirements related to which three items describe external fraud, Includes for. For items not ordered what four steps are used to accomplish this objective easy to use a. A sentence about the colonies ' economy should make all of your purchases from that supplier receiving?... The following are cardholder considerations before Purchase responsible merchants 49 all Governmentwide Commercial Purchase Card Program & # x27 s. Items not ordered what four steps are used to accomplish this objective of your purchases from that.! For order placement ( IOD DM ) tool Card Program & # x27 ; s and... Procedures for order placement Docmerit to be retained following a case closure involved a Purchase Card as. Rest as accrued liabilities Card Data to identify high-risk transactions micro-purchases is defined in 13!

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