yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. b. Decrease penalties for faulty disputes Take this Answer sheet with a grain of salt. COM. PUR. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet 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. How long does Foreign Military Sales documentation have to be retained following case closure? Interest penalties 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"? ), a. The Cardholder must receive customized training. how many days of the billing cycle end date? 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. MARKETING 305. the Cardholder can dispute a convenience check after payment has been made 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 . Must not be Must be Is occasionally None of . 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. T06.E02. b. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles 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. Splitting requirements to avid card thresholds. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. CLG 0010 DoD Governmentwide 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. 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? a. C. Reduces DoD invoicing costs. 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. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Contract payments CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da. B. Identify the requirement and ensure it fulfills a mission essential need. 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A. : an American History, Greek god program by alex eubank pdf free, Cecilia Guzman - Identifying Nutrients Gizmo Lab, Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Gives DoD access to information about what its Components buy, Empowers a single individual to handle all aspects of the purchasing process, Convenience checks must be secured in a locked container, The Cardholder can request that the bank stop payment on a check, Funds available to cover both the value and the banks processing fee, The Cardholder can dispute the convenience check after payment has been made, Is a felonious act of corruption or attempt to cheat the Government. \quad\text{Basic}& 702,987 &687,910\\ Prepare a graph for truck depreciation. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation 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, Name of the requestor Total truck depreciation is $200,000 per year. b. A merchant does not accept payment by credit card, The secretary of defense authorizes and increases 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, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. You receive a request to purchase construction services. (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. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. 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 DoD Governmentwide Commercial Card Exam Click the card to flip Definition 1 / 23 ? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. capital in Senegal. - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. Public Notification-Correct 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 . CLG 0010 Exam with complete solutions.docx - CLG 0010 Exam 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 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? Must not be Must be Is occasionally None of these 2. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Obtain Approval from the Agency/Organization Program Coordinator. A purchase exceeds the micro purchase threshold. What was Campbells basic earnings per share in 2012 and 2013? a. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? In the African nation of Senegal, to enroll in school a child needs a birth Reconcile the monthly statement of account, Who's Responsibility is it to comply with government agency standards of conduct, Approving/billing Officer What conclusion is appropriate when H0H_0H0 cannot be rejected? Institution. View more. Clg 0010 Dod Gov. Com. Pur. Card Overview Exam avoid prompt payment interest 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? There is no time limit for completing this course. A. Automatic suspension of accountsc. T02.E03, 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?T05.E02, Cardholder must receive customized training, Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. 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. Giving preferential treatment to any person or organization Reduces dod invoicing costs b. Used to make mission-essential purchases. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from ( 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). 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Which of the following are you authorized to accept? The government is not relieved of its obligation to pay for valid transactions made prior to the loss 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? Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. 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? PUR. 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 There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. Ordering Officer purchases and payments. //////////. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? 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? 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? 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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? CLG 001 DoD Governmentwide Commercial Purchase Card Overview 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. Supervisor Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Currently, similar-risk stocks have required returns of 10 %. UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. 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 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. Name of the requestor Vendor change card scanning capabilities What did you do wrong? [Show More] Contract payment Prepare a graph for raw materials. When you get back to the office, you realize that the envelope size will not meet the Bryce has asked you to analyze the financial aspects of the potential merger. Clg 0010 dod governmentwide commercial purchase card overview exam a. A merchant does not accept payment by credit card. T05.E03. 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} giving preferential treatment to any person or organization. &\textbf{(in millions)}&\textbf{(in millions)}\\ The firm recently paid a dividend of $3 per share. You are interested in purchasing the common stock of Azure Corporation. the Cardholder must: T05.E05. Alabama State University. Which two statements about Managing Accounts are true? 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. CLG 0010 Flashcards | Quizlet If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? When a merchant does not accept payment by credit card. 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. 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 001 Test Answers Pdf - myilibrary.org Gives DoD access to information about what its Components buy 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. order now. Complete appropriate training Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? 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. what did you do wrong? -, 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. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . c. Used to make mission-essential purchases. Wat are three examples of abuse of the Government Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Card Exam (b) Use the graph of f(x)f^{\prime}(x)f(x) to determine where f(x)>0f^{\prime \prime}(x)>0f(x)>0, where f(x)<0f^{\prime \prime}(x)<0f(x)<0, and where f(x)=0f^{\prime \prime}(x)=0f(x)=0. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to 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. through 2021. CLG0 0010 Test Review.pdf. 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 GOV N.docx - CLG 0010 DOD GOV. COM. PUR. CARD OVERVIEW 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? 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? b. sensorineural hearing loss Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? f(x)f^{\prime}(x)f(x) and its graph are given. 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 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. Reconcile the monthly Statement of Account What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 001 DoD Government Commercial Purchase Card. Classify truck depreciation and raw materials as variable or fixed costs. A. Clg 0010 Dod Governmentwide Commercial Purchase Card Which of the following are you authorized to CLG 001. test_prep. CLG 0010 Exam Questions and Answers.docx - CLG 0010 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? c. Disruption to Government purchases. requirement, so you return the item to the merchant. 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 purchasing items or extra quantity of items for resale or to give away to relatives CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) - CLG 0010 DoD These procedures will address requirements related to which three of the following? DAU Continuous Module Details - Defense Acquisition University Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Any exams in this course must be passed with a minimum score of 80%. b. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Violating a specific-use Policy a. NY Times Paywall - Case Analysis with questions and their answers. Which of the following information must be included on detailed/itemized receipts? Which three of the following describe the Governmentwide Commercial Purchase Card? In five years, the value of Hybrid Golf is expected to be$270 million. 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 How long does Foreign Military Sales documentation have to be retained following case closure? Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. test_prep. What are three violations of these Executive Orders?T06.E04, Defrauding the Government COM. - 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 . Used to make mission-Essential Purchases The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Date on which the item/service was ordered. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Defense Acquisition University. After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. Work in Progress Dame of the requestor A. \hline Small Business Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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 . Which of the following are you authorized to. 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? 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? HESI A2 summaries, notes, assignments and practice exams for University. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. b. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Click the card to flip Definition 1 / 70 Download. Open-market micro-purchases.