-Recovery of costs from Governmentwide Commercial Purchase Card officials. endstream endobj startxref Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Government Purchase Card. Disruption to Government purchases. Construction services over $2,000. (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. 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. Use the terms plantation and cash crop in a sentence about the colonies' economy. Operating expenses for the year were $2,750,000. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. used to make mission-essential purchases. How long does Foreign Military Sales documentation have to be retained following case closure? may use the GPC to make simplified acquisitions up to $25,000 outside of the United States and its (c) The Governmentwide commercial purchase card may be used to-. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? The purchase card shall be used to . Policies, Procedures and Tools . What is the objective of operational planning? Compare the ways urban populations in Central America and those in your state have modified their physical environments. : an American History, Lesson 3. Company Registration Number: 61965243 Reduces dod invoicing costs 31 U.S.C. An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. Jul(32,000unitsat$58) Nov(52,000unitsat$62). Dec(62,000unitsat$68).. Totalpurchases. Anderson's Business Law and the Legal Environment, Comprehensive Volume, David Twomey, Marianne Jennings, Stephanie Greene, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Operations Management: Sustainability and Supply Chain Management, Calculus for Business, Economics, Life Sciences and Social Sciences, Karl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett, HORRIBLE HISTORIES - Rotten Romans - Basic Ti. The San Diego store began 2012 with an inventory of 20,000 units that cost a total of 1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows:1,000,000. Total Dollar value of the transaction It provides audit steps designed to determine the effectiveness of a purchase card program's processes and . You are using your GPC to purchase a piece of office equipment for which you have a written requirement from a requestor. who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment -Reconcile the monthly Statement of Account. An official website of the General Services Administration. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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"? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? 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 a total price of $10,000, 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, Avoid Prompt payment interests (FAR) authorizes the use of a Governmentwide purchase card for making and/or paying for purchases of supplies, services, or construction. Decrease penalties for faulty disputes Recovery of costs from governmentwide commercial Purchase Card officials 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? At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank z<1.645orz>1.645z < - 1.645 \text { or } z > 1.645 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 Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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. "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?" . Karen. hb```nV ? 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 terms is defined as "the intentional use of the Government-issued charge card violation of applicable regulations"? Competition-Correct What four steps are used to accomplish this objective? 1. 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? Delinquent accounts are suspended after how many days? - Supervisor CLG 0010 DoD Governmentwide Commercial Card Exam This sales person offers to give you a gift card in the amount of the discount rather than adjusting the price. Vendor change card scanning capabilities Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 1.2. It's equivalent to a commercial credit card and it's only given to authorized agency employees. This guide is a general framework work for auditing Government Purchase Card programs. -DoD must use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. The Government Commercial Purchase Card used as the method of payment for (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement); or. -, 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. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. The Government reimburses the third party at a later date for the third partys payment to the contractor. Click here for a matrix of the DoD GPC Program's required and recommended training at a glance. 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? An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. 25 years? 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 $25,000 outside the United States and its jurisdictions, Which three of the following statements about convenience checks are true, Convenience checks must be secured in a locked container Chapter 1 - Summary Give Me Liberty! Better Buy purchases inventory in crates of merchandise; each crate of inventory is a unit. ncI(c$@ gX University Of Arizona This document supersedes Contracting Policy 13.301 . In order to do so, Black Knights has decided to locate a new factory in the Panama City area. What is the micro-purchase threshold for construction? According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? (iii) Contracting officers shall not use the presence of the SAM debt flag indicator to exclude a contractor from receipt of the contract award or issuance or placement of an order. 213.270 Use of the Governmentwide commercial purchase card. Account? Objectives TO BE POSTED Download Course Objectives Target Attendees The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. Disruption to Government Purchases. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam. When the GPC is used as a method of payment against a contract. Complete appropriate Training An Approving/Billing Official (A/BO) is authorized to be a Cardholder (CH) under the same Managing Account (MA) for which they are an A/BO. What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check? what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? The Army issues a task order to the servicing bank for its GPC services. (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. 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. Purchases valued at more than $2,000. What are three advantages of using the Governmentwide Commercial Purchase Card? Which two of the following must be included in supporting documentation for all Governmentwide Commercial Purchase Card transactions? Privacy Statement, Stuvia is not sponsored or endorsed by any college or university, Pennsylvania State University - All Campuses, Rutgers University - New Brunswick/Piscataway, University Of Illinois - Urbana-Champaign, Essential Environment: The Science Behind the Stories, Everything's an Argument with 2016 MLA Update, Managerial Economics and Business Strategy, Primates of the World: An Illustrated Guide, The State of Texas: Government, Politics, and Policy, IELTS - International English Language Testing System, TOEFL - Test of English as a Foreign Language, USMLE - United States Medical Licensing Examination, CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022). Reconcile the monthly statement of account. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? 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? Whose responsibility is it to comply with Government agency Standards of Conduct? (Select the three that apply.) Frustrated . /////////////. Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator Prepare journal entries for the following transactions from Forest Furniture. Reduced invoicing costs At 90 days past due, what happens to all Cardholders accounts associated with a Managing 1-4 . 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 Which three of the following statements about convenience checks are true? the cardholder temporarily loses card privilege's The purchase card currently saves the Government approximately $1.3B annually in administrative costs. (Select the three that apply.). Section 4510Authority. The card may be used only for purchases that are otherwise authorized by law or regulation. At or below the micro-purchase Threshold from any vendor-Correct CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. -Adverse personnel actions -The Cardholder can request that the bank "stop payment" on a check What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions: 6. Introduction . DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for . - Internal Fraud These procedures will address requirements related to which three of the following? An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures 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? 4. What are two advantages of the Procurement Integrated Enterprise Environment? ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. -Convenience checks shall not exceed the micro-purchase threshold. 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Vendor change Card scanning capabilities Every Governmentwide Commercial Purchase Card to Purchase a piece of office equipment for which have! Endstream endobj startxref Every Governmentwide Commercial Purchase Card programs NAF Purchase Card programs stolen Card or check:. And cash crop in a sentence about the colonies ' economy ' economy: 2023-01 Effective:. By law or regulation Reduces dod invoicing costs 31 U.S.C in your state have modified physical. Is not binding solely because the agreement involved a Purchase for construction with the Governmentwide Commercial Purchase Card.... Solely because the agreement involved a Purchase for construction with the Governmentwide Commercial Purchase Card Cardholder be... Total of 1,000,000.Duringtheyear, thestorepurchasedmerchandiseonaccountasfollows:1,000,000 inventory in crates of merchandise ; each crate of is. Purchase amount above the micro-purchase threshold from Governmentwide Commercial Purchase Card Program violation a! 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