ANSWERS GRADED A+
⩥ How many cardholder accounts may be rolled up under a Managing
Account?
Answer: Seven
⩥ Frustrated freight may never reach the intended recipient
Answer: True
⩥ How long does Foreign Military Sales documentation have to be
retained following case closure?
Answer: 10 Years
⩥ Which of the following is an appropriate circumstance for using a
convenience check?
Answer: A merchant does not accept payment by credit card.
⩥ You receive a request to purchase construction services. After
obtaining all necessary approvals....
Answer: You made a purchase for construction with the
Governmentwide Commercial Purchase Card that exceeded $2,000.
, ⩥ In Step 10 of the Governmentwide Commercial Purchase Card
Program, what are three pieces of information that should....
Answer: Name of the requestor
Date on which the item/service was ordered
Total dollar value of the transaction
⩥ Which three of the following describe the Governmentwide
Commercial Purchase Card?
Answer: Reduced Invoicing Costs
Used to make mission-essential purchases
Similar in nature to a commercial credit card
⩥ Which three of the following constitute cardholder fraud?
Answer: Purchasing items or extra quantity items for resale or to give
away to relatives.
A cardholder's unauthorized purchase of power tools for personal use
Paying for repairs of privately owned equipment