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Commercial Card Exam QUESTIONS |\ |\ |\ |\
WITH ANSWERS |\
Which Of the Governmentwide Commercial Purchase Card
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Program's Mandatory oversight procedures involves
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validating that all data mining cases are closed and
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assessing the key purchasing and management internal
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controls? - CORRECT ANSWERS ✔✔Daily Data Mining
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Case Reviews ////// |\ |\
Semi-annual head of activity reviews//// |\ |\ |\ |\
Procurement Management Reviews/////// |\ |\
How Long does Foreign Military Sales Documentation
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have to be retained following a case closure - CORRECT
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ANSWERS ✔✔6 Years and 3 Months //////// |\ |\ |\ |\ |\ |\
8Years////
6 Years//////
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10 Years |\
An Unauthorized commitment is an agreement that is not
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binding solely because the agreement involved a
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purchase amount above the micro-purchase threshold. -
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CORRECT ANSWERS ✔✔False |\ |\
,Which two of the following must be included in supporting
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documentation for all governmentwide Commercial
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Purchase card Transactions? - CORRECT ANSWERS
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✔✔Receipt
Invoice
Which three of the following are cardholder
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considerations before purchase? - CORRECT ANSWERS |\ |\ |\ |\ |\ |\
✔✔Obtain Approval from the Agency/Organization|\ |\ |\ |\ |\
Program Coordinator |\
Ensure adequate and appropriate funds are available-
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Correct
Determine if any special requirements or approvals are
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required.-Correct
Check for availability from required sources-Correct
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What is defined as any felonious act of corruption or
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attempt to cheat the government or corrupts the
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government's agents by charge card program officials. - |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔Internal Fraud |\ |\ |\
Splitting what would have been an 11'000 purchase into
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two transactions, each of which falls under the micro-
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, purchase threshold, is: - CORRECT ANSWERS ✔✔Strictly
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Prohibited
Which of the following is the term for a shipment of
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supplies or equipment that is delayed along the
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transportation chain and will not move until all problems |\ |\ |\ |\ |\ |\ |\ |\ |\
are resolved? - CORRECT ANSWERS ✔✔Frustrated Freight
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Whose Responsibility is it to comply with government
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agency standards of conduct? (Select the three that
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apply) - CORRECT ANSWERS ✔✔Supervisor
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Approving/Billing officer |\
Agency/Organization Program Coordinator |\ |\
The Governmentwide commercial Purchase card ______
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used as the method of payment for commercial training
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requests using the SF-182, Valued at or below 25,000, in
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lieu of an employee reimbursement by miscellaneous
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payment. - CORRECT ANSWERS ✔✔Must be |\ |\ |\ |\ |\
According to 10 united states code 2784, which two of the
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following could result from a governmentwide
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commercial purchase card program violation? - CORRECT |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔Recovery of costs from governmentwide |\ |\ |\ |\ |\ |\
commercial Purchase Card officials |\ |\ |\
Increased data surveillance |\ |\