The Cardholder must receive customized training. 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? Objectives Download Course Objectives Target Attendees c. Used to make mission-essential purchases. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. assessment. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). 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 transaction date? a. Similar in nature to a commercial credit card. Which of the following information must be included on detailed/itemized receipts? The accountant will use a sample of future weekend guest bills to test the manager's claim. a. payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? What are three advantages of using the Governmentwide Commercial Purchase Card? A. Which two statements about Managing Accounts are true? COM. 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? \hline What is the Cardholder Statement of Account? What is Step 2 of the Governmentwide Commercial Purchase Card Program process? Supervisor Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Which of the following is an appropriate circumstance for using a convenience check? CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Education philosophy; A neuroscientist reveal, 03. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. \hline Small Business -Purchasing items or extra quantity of items for resale or to give away to relatives. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. 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. ), a. competition 1. Clg 0010 Dod Gov. Com. Pur. Card Overview Exam You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from Quicker Payment Overseas purchases up to 25000 CLG 0010 Flashcards | Quizlet CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam University Nevada State College Course Community health nursing (NUR 2611) Uploaded by Micah Brian Academic year2022/2023 Helpful? &\textbf{(in millions)}&\textbf{(in millions)}\\ Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. 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. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. T05.E03. Prepare a graph for truck depreciation. 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! CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or (Select the three that apply). The government is not relieved of its obligation to pay for valid transactions made prior to the loss 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 Reduced invoicing costsc. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? 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). 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. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? CLG 0010 DoD Governmentwide Commercial Card Exam Which three of the following are cardholder considerations before purchase? T07.E01, failing to certify Purchase Card Certification Statements" on time CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. What are three examples of misuse of the governmentwide commercial Purchase card? Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. The study documents help you better prepare for exams and get higher grades. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Mathematics is the study of numbers, shapes, and patterns. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? 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. Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Ensure transactions are made with responsible merchants A best practice calls for the card holder to reconcile transactions in the statement of account within how many days of the billing cycle end date? Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. 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. 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} Objectives 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. 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 Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Any exams in this course must be passed with a minimum score of 80%. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Which three of the following are advantages of using the Governmentwide commercial purchase card? T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. Work in Progress Preliminary observations of one worker at the station produced the following sample time (in minutes per package): 3.5,3.2,4.13.5,3.2,4.13.5,3.2,4.1, 3.6, 3.9. Open-market micro-purchases. Total Dollar value of the transaction If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. Clg 001 test answers - Math Methods Bryce has asked you to analyze the financial aspects of the potential merger. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. 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. f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 001. . \quad\text{Basic}& 702,987 &687,910\\ Obtain Approval from the Agency/Organization Program Coordinator. Merchant, 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//////. 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 Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. order now. After completing the course, please be sure to complete the survey at the end. requirement, so you return the item to the merchant. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. False Authorized uses of the Governmentwide Commercial Purchase Card include: Which Three of the Following Statements Are True Clg 0010 Transactions where the governmentwide commercial purchase card is used as a method of payment T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. [Show more] Preview 2 out of 6 pages avoid prompt payment interest C. Reduces DoD invoicing costs. Review and ensure all cardholder supporting documentation supports the payment. which three of the following are cardholder considerations before purchase? Approving/billing Officer MARKETING 305. Violating a specific-use Policy Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within 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 Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest How long does Foreign Military Sales documentation have to be retained following case closure? a. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. &\textbf{2013}&\textbf{2012}\\ Complete appropriate Training What are three violations of these Executive Orders?T06.E04, Defrauding the Government 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. Contract payments Bundle contains 3 documents. Which three of the following statements about convenience checks are true? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. The bank must close the account What is defined as any felonious act of corruption or attempt to cheat the Government, or corrupt the Government's agents by charge card program officials? What is the opportunity cost of your choice? Franklin will pay the entire note (principal and interest) on the notes maturity date. CLG 0010 DoD Governmentwide Commercial Card Exam. A merchant does not accept payment by credit card, The secretary of defense authorizes and increases in the micro-purchase threshold to 20,000 to support declared contingency operations in Afghanistan. CLG 0010 DOD GOV. What was Campbells basic earnings per share in 2012 and 2013? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Which of the following are you authorized to accept? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Term 1 / 23 Which of the following is a cardholder responsibility in the Governmentwide Commercial Purchase Card Program? DAU Continuous Module Details - Defense Acquisition University 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? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. There is no time limit for completing this course. 3. CLG 0010 DoD Governmentwide Commercial Purchase Card CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? A. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Hybrid Golf has 8 million shares of stock outstanding. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). A purchase exceeds the micro purchase threshold. PUR. What is the Cardholder Statement of Account? 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. c. Disruption to Government purchases. Interest penaltiesb. . Purchase of accountable property Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. University Of South Africa. In the African nation of Senegal, to enroll in school a child needs a birth CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Must not be Must be Is occasionally None of these 2. Bryce believes the current cost of capital for Birdie Golf is 11%. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Classify truck depreciation and raw materials as variable or fixed costs. . a. What are three advantages of using the Governmentwide Commercial Purchase Card? A merchant does not accept payment by credit card. (select the three that apply) - ANSWER-1. 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. James Madison believed that the Constitution would produce effective government and good policies. Giving preferential treatment to any person or organization Purchasing office supplies for home use 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 transaction date? Gives DoD access to information about what its components buy 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. Similar in nature to a commercial credit card b. CLG0 0010 Test Review.pdf. 00 Comments Please sign inor registerto post comments. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1.
clg 0010 dod governmentwide commercial purchase card overview exam