CLG 0010 EXAM| PRACTICE EXAM QUESTIONS AND CORRECT
ANSWERS LATEST UPDATE WITH COMPLETE SOLUTION| GRADE
A+.
How Long does Foreign Military Sales Documentation have to be retained following
a case closure - ANSWER- 6 Years and 3 Months 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. -
ANSWER- False
Which two of the following must be included in supporting documentation for all
governmentwide Commercial Purchase card Transactions? - ANSWER- Receipt
Invoice
Which three of the following are cardholder considerations before purchase? -
ANSWER- 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
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. - ANSWER-
Internal Fraud
,Splitting what would have been an 11'000 purchase into two transactions, each of
which falls under the micro-purchase threshold, is:
- ANSWER- Strictly Prohibited
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? - ANSWER- Frustrated Freight
Whose Responsibility is it to comply with government agency standards of conduct?
(Select the three that apply) - ANSWER- Supervisor Approving/Billing officer
Agency/Organization Program Coordinator
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. -
ANSWER- Must be
According to 10 united states code 2784, which two of the following could result from a
governmentwide commercial purchase card program violation? - ANSWER- Recovery
of costs from governmentwide commercial Purchase Card officials
Increased data surveillance
Because they are a potential indicator of misuse, abuse, or fraud, delinquent
accounts are subject to what? - ANSWER- Increased Scrutiny
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 -
ANSWER- Name of the requestor
Total Dollar Value of the transaction
Date on which the item/service was ordered
, How many cardholder accounts may be rolled up under a managing account? -
ANSWER- Nine
Five
Which three of the following are advantages of using the Governmentwide
commercial purchase card? - ANSWER- Increased information
Quicker Payment Increased
Funding
What are three authorized uses of the Governmentwide Commercial Purchase
Card? - ANSWER- Open-Market Micro-Purchases Ordering officer purchases and
payments
Contract payment
Commercial Training requirements using the SF-182-New
Component Procedures may authorize DOD Governmentwide commercial Purchase
Card ordering officers to make purchases up to the simplified acquisition threshold in
which three of the following cases? - ANSWER- At or below the micro-purchase
Threshold from any vendor- Correct
At or below the micro-purchase threshold against federal supply schedule
contracts, fedmall, or other ordering systems that are authorized in component
procedures.-Blank
Above or below the micro-purchase threshold against contract vehicles issued for the
component by contracting officer that contain a provision authorizing order and
payment by the governmentwide commercial purchase card. ///- This one is correct/
Using simplified acquisition procedures above or below the micro- purchase
threshold against federal supply contract vehicles
////
ANSWERS LATEST UPDATE WITH COMPLETE SOLUTION| GRADE
A+.
How Long does Foreign Military Sales Documentation have to be retained following
a case closure - ANSWER- 6 Years and 3 Months 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. -
ANSWER- False
Which two of the following must be included in supporting documentation for all
governmentwide Commercial Purchase card Transactions? - ANSWER- Receipt
Invoice
Which three of the following are cardholder considerations before purchase? -
ANSWER- 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
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. - ANSWER-
Internal Fraud
,Splitting what would have been an 11'000 purchase into two transactions, each of
which falls under the micro-purchase threshold, is:
- ANSWER- Strictly Prohibited
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? - ANSWER- Frustrated Freight
Whose Responsibility is it to comply with government agency standards of conduct?
(Select the three that apply) - ANSWER- Supervisor Approving/Billing officer
Agency/Organization Program Coordinator
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. -
ANSWER- Must be
According to 10 united states code 2784, which two of the following could result from a
governmentwide commercial purchase card program violation? - ANSWER- Recovery
of costs from governmentwide commercial Purchase Card officials
Increased data surveillance
Because they are a potential indicator of misuse, abuse, or fraud, delinquent
accounts are subject to what? - ANSWER- Increased Scrutiny
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 -
ANSWER- Name of the requestor
Total Dollar Value of the transaction
Date on which the item/service was ordered
, How many cardholder accounts may be rolled up under a managing account? -
ANSWER- Nine
Five
Which three of the following are advantages of using the Governmentwide
commercial purchase card? - ANSWER- Increased information
Quicker Payment Increased
Funding
What are three authorized uses of the Governmentwide Commercial Purchase
Card? - ANSWER- Open-Market Micro-Purchases Ordering officer purchases and
payments
Contract payment
Commercial Training requirements using the SF-182-New
Component Procedures may authorize DOD Governmentwide commercial Purchase
Card ordering officers to make purchases up to the simplified acquisition threshold in
which three of the following cases? - ANSWER- At or below the micro-purchase
Threshold from any vendor- Correct
At or below the micro-purchase threshold against federal supply schedule
contracts, fedmall, or other ordering systems that are authorized in component
procedures.-Blank
Above or below the micro-purchase threshold against contract vehicles issued for the
component by contracting officer that contain a provision authorizing order and
payment by the governmentwide commercial purchase card. ///- This one is correct/
Using simplified acquisition procedures above or below the micro- purchase
threshold against federal supply contract vehicles
////
