CLG 0010 DoD
Governmentwide Commercial
Card Exam 2 QUESTIONS AND
VERIFIED CORRECT
ANSWERS GRADED A+
LATEST 100% GUARANTEED
PASS
Failure to certify a Managing Account Billing Statement is a timely manner results in what three
things? - CORRECT ANSWER-a. Interest penaltiesb. Automatic suspension of accountsc.
Disruption to Government purchases
What is the first step to follow when a cardholder becomes aware of a lost or stolen card or
check? - CORRECT ANSWER-*Notify all affected parties.
Determine when and where the card/checks were last used.
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 - CORRECT ANSWER-
True
Suspected ethics violations should be reported to: - CORRECT ANSWER-The Supervisor
, 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 -
CORRECT ANSWER-Allow for maximum refunds
Decrease penalties for faulty disputes
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 - CORRECT ANSWER-Semi-Annual Head of Activity Reviews
The Secretary of Defense authorize an increase in the micro purchase threshold to $20,000 to
support declared contingency operations in Afghanistan. Several personnel in your office have
been needing new laptops, so this is a good time to take advantage of the increase and
purchase 20 laptops at $500 each, for the price of $10,000. - CORRECT ANSWER-False
Who is responsible for making regular reviews of existing cardholders and their monthly
spending limit - CORRECT ANSWER-supervisors
In step 12 of the governmentwide commercial purchase card program process, what are three -
CORRECT ANSWER-Transactions where the Governmentwide Commercial Purchase Card is used
as a method of payment
Purchase of accountable property
Purchases valued at more than $2,000
Cardholders who hold an Ordering Officer delegation must follow Component procedures for
order placement. These procedures will address requirements related to which three of the
following? - CORRECT ANSWER-Small business
competition
public notification
Governmentwide Commercial
Card Exam 2 QUESTIONS AND
VERIFIED CORRECT
ANSWERS GRADED A+
LATEST 100% GUARANTEED
PASS
Failure to certify a Managing Account Billing Statement is a timely manner results in what three
things? - CORRECT ANSWER-a. Interest penaltiesb. Automatic suspension of accountsc.
Disruption to Government purchases
What is the first step to follow when a cardholder becomes aware of a lost or stolen card or
check? - CORRECT ANSWER-*Notify all affected parties.
Determine when and where the card/checks were last used.
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 - CORRECT ANSWER-
True
Suspected ethics violations should be reported to: - CORRECT ANSWER-The Supervisor
, 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 -
CORRECT ANSWER-Allow for maximum refunds
Decrease penalties for faulty disputes
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 - CORRECT ANSWER-Semi-Annual Head of Activity Reviews
The Secretary of Defense authorize an increase in the micro purchase threshold to $20,000 to
support declared contingency operations in Afghanistan. Several personnel in your office have
been needing new laptops, so this is a good time to take advantage of the increase and
purchase 20 laptops at $500 each, for the price of $10,000. - CORRECT ANSWER-False
Who is responsible for making regular reviews of existing cardholders and their monthly
spending limit - CORRECT ANSWER-supervisors
In step 12 of the governmentwide commercial purchase card program process, what are three -
CORRECT ANSWER-Transactions where the Governmentwide Commercial Purchase Card is used
as a method of payment
Purchase of accountable property
Purchases valued at more than $2,000
Cardholders who hold an Ordering Officer delegation must follow Component procedures for
order placement. These procedures will address requirements related to which three of the
following? - CORRECT ANSWER-Small business
competition
public notification
