CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam Questions with Correct Answers

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CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam Questions with Correct Answers Authorized uses of the Governmentwide Commercial Purchase Card include (select three) -Answer- Exis... ting Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated Enterprise Environment? -Answer- Reduces DoD operating costs Improved data quality and access An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. -Answer- False How many CH accounts may be rolled up under a Managing Account? -Answer- Seven Frustrated freight may never reach the intended recipient -Answer- True Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves validating that all Data Mining cases are closed & assessing the key purchasing and management internal controls? -Answer- Monthly A/OPC Reviews What is the Cardholder Statement of Account? -Answer- A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. What are the 3 advantages of using the Governmentwide Commercial Purchase Card? -Answer- Reduces DoD invoicing costs. Enables the Government to earn refunds. Gives DoD access to information about what its Components buy. 10 USC 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations. -Answer- False Which of the following is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations?" -Answer- Abuse 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 misc payment. -Answer- must be Which of the following is an appropriate circumstance for using a convenience check? -Answer- A merchant does not accept payment by credit card. [Show More]

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