Similar in nature to a commercial credit card Complete appropriate Training Is a felonious act of corruption or attempt to cheat the Government COM. 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. //////////. Increased Funding (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). competition An unauthorized commitment is an agreement that is not binding solely because the agreement Includes billing for items not ordered Which three items describe external fraud, Includes billing for items not ordered f(x)f^{\prime}(x)f(x) and its graph are given. Reduces DoD Operating costs Reconcile the monthly statement of account. Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Explain. Which two statements about Managing Accounts are true? Reduced invoicing costs Overseas purchases up to 25000 The Cardholder must receive customized training. Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official public notification. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. 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. a. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. price-icon. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Interest penalties a. Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Which three of the following describe the Governmentwide Commercial Purchase Card? Contract payments. order now. 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. Express her total weekly salary algebraically. 300. points. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. -, 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. Click the card to flip Definition 1 / 23 ? Automatic suspension of accountsc. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Must be What are three advantages of using the Governmentwide Commercial Purchase Card? QUESTION 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. 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 are cardholder considerations before purchase? COM. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Account? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. \text{Weighted average number of shares outstanding (in thousands)}\\ When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Last week she worked h overtime hours at double time. Course Hero is not sponsored or endorsed by any college or university. b. Purchase of accountable property Similar in nature to a commercial credit card Funds must be available to cover the check value and the banks processing fee Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. CLG 001. . The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. Wat are three examples of abuse of the Government Commercial Purchase Card? 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. Must not be Must be Is occasionally None of . capital in Senegal. &\textbf{2013}&\textbf{2012}\\ What did you do wrong? Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Whose responsibility is it to comply with Government agency Standa. d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? ), a. what are two advantages of the procurement integrated enterprise environment? Purchasing items or extra quantity of items for resale or to give away to relatives. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. Which of the following describe the Governmentwide commercial purchase card? Disruption to Government purchases. Any exams in this course must be passed with a minimum score of 80%. Which there of the following statements are true? By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. 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? 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. Violating a specific-use Policy Giving preferential treatment to any person or organization These procedures will address requirements related to which three of the following? 20 laptops at $500 each for a total price of $10,000. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? 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? Contract payment T01.E02, open market micro-purchase T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? 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? 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. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. \end{array} the Cardholder must: T05.E05. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. Prepare a graph for truck depreciation. A. Commercial Training requirements using the SF-182-New. 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? Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? Date on which the item/service was ordered. 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? What was Campbells basic earnings per share in 2012 and 2013? Used to make mission-essential purchases. [Show more] Preview 2 out of 6 pages Used to make mission-Essential Purchases Download. Decrease penalties for faulty disputes BIO Midterm 2 - BIO NOTES FOR CITOVSKYS CLASS ENJOYYY, Physio Ex Exercise 8 Activity 3 - Assessing Pepsin Digestion of Proteins, BIO 140 - Cellular Respiration Case Study, Mid term HIS 104 - Exam Questions and notes, BIO 115 Final Review - Organizers for Bio 115, everything you need to know, Sawyer Delong - Sawyer Delong - Copy of Triple Beam SE, Mini Virtual Lab Calculating GPP and NPP1, Kami Export - Jacob Wilson - Copy of Independent and Dependent Variables Scenarios - Google Docs, Chapter 1 - Summary Give Me Liberty! 00 Comments Please sign inor registerto post comments. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank 1. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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? An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. . 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? This price is several weeks income for many families. a merchant. CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions Click the card to flip Is a felonious act of corruption or attempt to cheat the government C. A new card or checks are issued. What are two advantages of the Procurement Integrated Enterprise Environment? Which three of the following describe the Governmentwide Commercial Purchase Card? - ANSWER-, 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, 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? -Purchasing items or extra quantity of items for resale or to give away to relatives. Which of the following are you authorized to. 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. Which three of the following statements about convenience checks are true? The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. Following; C. public notification. 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. Terms of Use c. conductive hearing loss Which three of the following constitute cardholder fraud? Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Institution. involved a purchase amount above the micro-purchase threshold. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. Which three of the following are Cardholder. PUR. (Select the three that apply). 3. Reconcile the monthly Statement of Account Convenience checks must be secured in a locked container \end{array} support declared contingency operations in Afghanistan. Review and ensure all cardholder supporting documentation supports the payment. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. giving preferential treatment to any person or organization. PUR. 5 c. 15 d. 40. ( 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). Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. A Cardholder's unauthorized purchase of power tools for personal use 6. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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 Allow for maximum refunds- New CLG 0010. Bryce has asked you to analyze the financial aspects of the potential merger. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. spending was $2.7 trillion, and it was projected to Name of the requestor Ordering Officer purchases and payments. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Reduced invoicing costs 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? b. Total Dollar Value of the transaction accept? 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"? 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 . B. CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. James Madison believed that the Constitution would produce effective government and good policies. Reconcile the monthly Statement of Account. 2 b. Write an exponential function that models the 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. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. 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 Which of the following information must be included on detailed/itemized receipts? 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. Splitting what would have been an $11,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true? CLG 0010 EXAM Which three of the following constitute Cardholder fraud? DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Choosing conditions to maximise yield, CLG 006 Certifying Officer Legislation Traini, 2S071 Materiel Management Edit Code 07 All UR, 2S071 Volume 2 Materiel Management Edit Code, 2S071 Volume 3 Materiel Management Edit Code, Anderson's Business Law and the Legal Environment, Comprehensive Volume, David Twomey, Marianne Jennings, Stephanie Greene, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Operations Management: Sustainability and Supply Chain Management, Calculus for Business, Economics, Life Sciences and Social Sciences, Karl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett, HORRIBLE HISTORIES - Rotten Romans - Basic Ti. Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? How long does Foreign Military Sales documentation have to be retained following case closure? False Authorized uses of the Governmentwide Commercial Purchase Card include: Would he still think so if he saw how the government runs today? What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? assessment. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Interest penaltiesb. Alabama State University. Which three of the following statements are true? HESI A2 summaries, notes, assignments and practice exams for University. \quad\text{Basic}& 702,987 &687,910\\ Enables the Government to earn refunds 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. (Select the three that apply. -Purchasing power tools for personal use . b. CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. Interest penalties When you get back to the office, you realize that the envelope size will not meet the A purchase exceeds the micro purchase threshold. Specifically, he has asked you to answer the following questions. Semi-Annual Head of activity Reviews///// What are three authorized uses of the Governmentwide Commercial Purchase Card? You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? Mathematics is the study of numbers, shapes, and patterns. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? how many days of the billing cycle end date? 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. Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. CLG 0010 DOD GOV. DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). Campbell Incorporated reported the following information in their consolidated income statement for the years ended December 31, 2012 and 2013: 20132012Netincome(inthousands)$1,456,091$1,200,472Weightedaveragenumberofsharesoutstanding(inthousands)Basic702,987687,910Diluted713,456699,012\begin{array}{lrr} Target Attendees Automatic suspension of all Cardholder (CH) accounts. CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? 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.