CLG 0010 DoD Government wide Commercial Card Exam Latest Update

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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... t internal controls? Correct Answer-Daily Data Mining Case Reviews ////// Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained following a case closure Correct Answer-6 Years and 3 Months //////// 8Years//// 6 Years////// 10 Years An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Correct Answer-False Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Correct Answer-Receipt Invoice Which three of the following are cardholder considerations before purchase? Correct Answer-Obtain Approval from the Agency/Organization Program Coordinator Ensure adequate and appropriate funds are available-Correct Determine if any special requiremen [Show More]

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