(Select the three that apply. T05.e01. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Date on which the item/service was ordered. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. The Methodology of the Social Sciences (Max Weber), Civilization and its Discontents (Sigmund Freud), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), Give Me Liberty! A. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). 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. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Which three of the following describe the Governmentwide Commercial Purchase Card? You are interested in purchasing the common stock of Azure Corporation. Which three of the following describe the Governmentwide Commercial Purchase Card? Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. B. Splitting requirements to avid card thresholds. grow at an average annual rate of 5.7% for 2011 spending was $2.7 trillion, and it was projected to what are three violations of these executive orders? PUR. 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. Paying for repairs of privately owned equipmentc. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ [Show More] You receive a request to purchase construction services. 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 man days of the transaction date?T06.E03, 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 be miscellaneous payment. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. avoid prompt payment interest QUESTION Enables the Government to earn refunds 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 Governmentwide Commercial Purchase Card Overview Exam 100% 1. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. HESI A2 summaries, notes, assignments and practice exams for University. Clg 001 test answers - Math Methods \hline Which of the following are you authorized to accept? These procedures will address requirements related to which three of the following? Ensure adequate Funds are available to make the payment Which of the following are you authorized to. Would he still think so if he saw how the government runs today? Complete appropriate training Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? Currently, similar-risk stocks have required returns of 10 %. A. 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. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. Transactions where the governmentwide commercial purchase card is used as a method of payment Which three of the following constitute Cardholder fraud? A. How many Cardholder accounts may be rolled up under a Managing Account? An unauthorized commitment is an agreement that is not binding solely because the agreement Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. Purchasing office supplies for home use requirement, so you return the item to the merchant. -Purchasing items or extra quantity of items for resale or to give away to relatives. How many cardholder accounts may be rolled up under a managing account? may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its (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 three of the following are advantages of using the Governmentwide commercial purchase card? You receive a request to purchase construction services. Reconcile the monthly Statement of Account By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Which two statements about Managing Accounts are true? It is used to solve problems in a variety of fields, including science, engineering, and finance. Competition-Correct The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. Semi-Annual Head of activity Reviews///// What are three authorized uses of the Governmentwide Commercial Purchase Card? [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 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam what did you do wrong? \quad\text{Diluted}& 713,456 &699,012\\ 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. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Lab 6 - Acid-Fast and Endospore Stain Quiz. Complete appropriate Training Recovery of costs from governmentwide commercial Purchase Card officials CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. 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? How long does Foreign Military Sales documentation have to be retained following case closure? No Ordering officer may be appointed until they have received training commensurate with their delegated authority CLG0 0010 Test Review.pdf. 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. price-icon . Click the card to flip Definition 1 / 23 ? ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? There is no time limit for completing this course. Account? Any exams in this course must be passed with a minimum score of 80%. Course Hero is not sponsored or endorsed by any college or university. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? \quad\text{Basic}& 702,987 &687,910\\ Which of the following describe the Governmentwide commercial purchase card? Last week she worked h overtime hours at double time. This price is several weeks income for many families. Quicker Payment Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. a. 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"? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Several personnel in your office have &\textbf{2013}&\textbf{2012}\\ Agency/organization program coordinator 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. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Name of the requestor Purchasing office supplies for home use. Exceeding the applicable micro-purchase Threshold Reconcile the monthly Statement of Account. 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 Open-market micro-purchases. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Increased Funding 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. a. 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? C. A new card or checks are issued. Must not be Must be Is occasionally None of these 2. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Ordering officer purchases and payments CLG 0010 Exam 100% Scored_ Spring 2022 1. Which three of the following describe the Governmentwide Commercial Purchase Card? ), a. 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. C. Ensure transactions are made with responsible merchants. What are the three examples of misuse of the Government Commercial Purchase Card? Total truck depreciation is $200,000 per year. Explain how this requirement is likely to affect the growth of human You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Each year, Lord & Taylor, Ltd., sets up a giftwrapping station to assist its customers with holiday shopping. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. The firm recently paid a dividend of $3 per share. 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 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. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. CLG 001. . Which three of the following are cardholder considerations before purchase? Automatic suspension of accounts Overseas purchases up to 25000 CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? Automatic suspension of all Cardholder (CH) accounts. Specifically, he has asked you to answer the following questions. 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? Interest penaltiesb. Small business 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 dod governmentwide commercial purchase card. Violating a specific-use policy CLG 0010 DoD Governmentwide Commercial Purchase Card a. 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. Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Funds must be available to cover the check value and the banks processing fee b. transactions? Open-Market Micro-Purchases 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 . Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Reduced Invoicing Costs 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} Similar in nature to a commercial credit card a. Review and ensure all Cardholder supporting documentation supports the payment. The Government Commercial Purchase Card used as the method of payment for The bank must close the account Contract payment Contract payments. Wat are three examples of abuse of the Government Commercial Purchase Card? 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. What did you do wrong? Consider the following: a. the problem of gridlock b. the increase in the size of the United States. competition T01.E02, open market micro-purchase (Select two). 703-805 . In five years, the value of Hybrid Golf is expected to be$270 million. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. -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. order now. Small business f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) The Government Commercial Purchase Card used as the method of payment for . - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? 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? 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. a. 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. What are two advantages of the Procurement Integrated Enterprise Environment? 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. Which of the following is an appropriate circumstance for using a convenience check? Which three of the following statements about convenience checks are true? What is the Cardholder Statement of Account? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. (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. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. CLG 0010 DoD Governmentwide Commercial Card Exam 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 //////////. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. How long does Foreign Military Sales documentation have to be retained following case closure? 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. PUR. What did you do wrong? Study documents HESI A2 for University - Knoowy Bryce has asked you to analyze the financial aspects of the potential merger. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Hybrid Golf has 8 million shares of stock outstanding. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Decrease penalties for faulty disputes Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? Company Registration Number: 61965243 What was Campbells basic earnings per share in 2012 and 2013? Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within CLG 0010 DOD GOV. 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? UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Enables the Government to earn refunds CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Terms of Use Decrease penalties for faulty disputes 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 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? b. 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. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? 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. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? involved a purchase amount above the micro-purchase threshold. Reduces DoD Operating costs 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? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Used to make mission-essential purchases. c. Used to make mission-essential purchases. Reduces dod invoicing costs 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. What are three violations of these Executive Orders?T06.E04, Defrauding the Government 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. CLG 0010 DoD Governmentwide Commercial Card Exam Which of the following information must be included on detailed/itemized receipts? 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 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 Exam with complete solutions.docx - CLG 0010 Exam Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. what are two advantages of the procurement integrated enterprise environment? What are three advantages of using the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% Bryce believes the current cost of capital for Birdie Golf is 11%. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Whose Responsibility is it to comply with government agency standards of conduct? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?