Governmentwide Commercial Purchase Card Program: Rules, Procedures, and Uses, Exams of Nursing

Download Governmentwide Commercial Purchase Card Program: Rules, Procedures, and Uses and more Exams Nursing in PDF only on Docsity! CLG 0010 DoD Commercial Card Exam LATEST UPDATE 2024. 1.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?: Daily Data Mining Case Reviews ////// Semi-annual head of activity reviews//// Procurement Management Reviews/////// 2.How Long does Foreign Military Sales Documentation have to be retained following a case closure: 6 Years and 3 Months //////// 8Years//// 6 Years////// 10 Years 3. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold.: False 4. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions?: Receipt Invoice 5. Which three of the following are cardholder considerations before purchase?: Obtain Approval from the Agency/Organization Program Coordinator Ensure adequate and appropriate funds are available-Correct Determine if any special requirements or approvals are required.-Correct Check for availability from required sources-Correct /////////// 6. 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.: Internal Fraud 7. Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is:: Strictly Prohibited 8. 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?: Frustrated Freight CLG 0010 DoD Commercial Card Exam LATEST UPDATE 2024. CHARLIE WINDLER 9. Whose Responsibility is it to comply with government agency standards of conduct? (Select the three that apply): Supervisor Approving/Billing officer Agency/Organization Program Coordinator 10. 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.: Must be 11. According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation?: Recovery of costs from governmentwide commercial Purchase Card officials Increased data surveillance 12. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what?: Increased Scrutiny 13. 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 Dollar Value of the transaction Date on which the item/service was ordered 14. How many cardholder accounts may be rolled up under a managing account?: Nine ///// Five///// 15. Which three of the following are advantages of using the Governmen- twide commercial purchase card?: Increased information Quicker Payment Increased Funding ///////////// 16. What are three authorized uses of the Governmentwide Commercial Purchase Card?: Open-Market Micro-Purchases Ordering officer purchases and payments CLG 0010 DoD Commercial Card Exam LATEST UPDATE 2024. CHARLIE WINDLER 32. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits?: Supervisors 33. Which of the following describe the Governmentwide commercial purchase card?: Reduced invoicing costs Similar in nature to a commercial credit card used to make mission-essential purchases 34. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks.: False 35. Which three of the following statements are true?: Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments No Ordering officer may be appointed until they have received training commensurate with their delegated authority Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission 36. You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. When you get back to the office, you realize that the envelope size will not meet the requirement, so you return the item to the merchant. Which of the following are you authorized to accept?: Credit to your cardholder account 37. 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 Decrease penalties for faulty disputes avoid prompt payment interest Allow for maximum refunds- New ///// 38. Frustrated freight may never reach the intended recipient: True 39. Which of the following is an appropriate circumstance for using a convenience check?: A merchant does not accept payment by credit card 40. The secretary of defense authorizes and increases in the micro-purchase threshold to 20,000 to support declared contingency operations in Afghanistan. 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: False CLG 0010 DoD Commercial Card Exam LATEST UPDATE 2024. CHARLIE WINDLER 41. 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 Decrease penalties for faulty disputes avoid pecuniary liability 42. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations: True 43. Which three of the following constitute cardholder fraud: A cardholder's unauthorized purchase of power tools for personal use purchasing items or extra quantity of items for resale or to give away to relatives Paying for repairs of privately owned equipment 44. 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 Transactions where the governmentwide commercial purchase card is used as a method of payment Self Generated Cardholder Purchases-Correct 45. 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: true 46. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things?: Interest penalties Automatic suspension of accounts Disruption to Government Purchases 47. What are three advantages of using the governmentwide commercial purchase card?: Gives DoD access to information about what its components buy Reduces dod invoicing costs Enables the government to earn refunds 48. Which two statements about managing accounts are true: Require a Primary Approving/billing Official Are used to roll up cardholder accounts-New 49. Whos responsibility is it to comply with Government agency standards CLG 0010 DoD Commercial Card Exam LATEST UPDATE 2024. CHARLIE WINDLER of conduct: Agency/Organization Program Coordinator Approving/billing Officer Merchant 50. What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check: Determine when and where the card/checks were last seen////// 51. What are three examples of misuse of the governmentwide commercial Purchase card?: Purchasing office supplies for home use Failing to certify "Purchase Card Certification Statements" on time Violating a specific-Use Policy 52. 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?: Procurement Business intelligence service (PBIS) ///// 53. When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase: Construction services over $2,000 54. Which three of the following describe the Governmentwide Commercial Purchase Card?: Reduced Invoicing Costs Used to make mission-Essential Purchases Similar in nature to a commercial credit card 55. What is the Cardholder Statement of Account?: A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. 56. 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?: Ensure adequate Funds are available to make the payment Review and ensure all cardholder supporting documentation supports the payment 57. Suspected ethics violations should be reported to:: supervisor CLG 0010 DoD Commercial Card Exam LATEST UPDATE 2024. CHARLIE WINDLER