PM
GSA SMARTPAY PURCHASE ACCOUNT EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)/GRADE A+ ASSURED.
Which of the following are GSA D. All answers are correct
SmartPay purchase account benefits?
A. It provides the Government with better financial
management control by making it easier to monitor and
track purchases.
B. It is widely accepted by merchants around the world.
C. It enables government employees to purchase items
when they need them.
An account holder would like to make a Seek approval for an increase in his/her monthly limit from
purchase that exceeds their monthly his/her Approving Official or Agency/Organization
limit on the purchase account. What Program Coordinator (A/OPC) before making the
should he/she do? purchase.
If an account holder cannot locate Report a lost or stolen purchase account promptly to the
his/her GSA SmartPay account contractor bank, your program coordinator (A/OPC) and
number, he/she should: your supervisor.
All of the following are responsibilities Paying the bank invoice on approved purchases
of a purchase account holder
EXCEPT:
Account holders should be receiving a True
tax exemption for all purchases made
using their GSA SmartPay
Purchase Accounts (CBA).
The____oversees the proper processing Designated Billing Office (DBO)
of invoices
and ensures invoices are paid according
to the Prompt Payment Act
guidelines.
It is your responsibility as the account True
holder to dispute questionable
charges. If you don't, you will be
held
personally liable for the amount of the
questionable charge.
While it is not legal for a False
government employee to accept a
gift, it is ok for their relatives to
indirectly accept a gift on the
employee's behalf.
If your agency permits, convenience It is a payment method of last resort, only when no
checks may be used instead of a reasonable alternative merchant is available who accepts
traditional purchase account when: the GSA SmartPay purchase account.
The monthly purchase limit: D. All answers are correct.
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