ANSWERS GRADED A+
⩥ Approving/Billing Official (A/BO).
Answer: Reviews and approves GPC Managing Account Invoices and
transaction supporting data for compliance
⩥ Certifying Officer.
Answer: Reviews Managing Account invoices in accordance with DoD
Financial Management Regulation (DoD FMR) requirements
⩥ Resource Manager (RM).
Answer: Provides appropriate GPC account funding
⩥ Cardholder (CH).
Answer: Is issued a GPC cardholder account
⩥ Which characteristic describes the GPC business model?.
Answer: Similar to a commercial credit card
⩥ What are the advantages to using a GPC instead of other forms of
payment? (Select the three that apply.).
,Answer: Expedited payment to merchant; Increased likelihood of the
merchant doing business with the Government; Reducing invoicing
costs
⩥ Authorized DoD GPC Uses:.
Answer: Contract payments; Open-market micro purchases; Payments
for training requirements on approved Standard Form (SF) 182;
Ordering Officer purchases; Overseas purchases up to $25,000
⩥ Open-market micro-purchases.
Answer: Use of the GPC to streamline micro-purchases and payment for
mission-essential supplies and services
⩥ Ordering Officer purchases and payments.
Answer: Use of the GPC against existing Government contracts
⩥ Contract payments.
Answer: Use of the GPC above the micro-purchase threshold as a
payment vehicle against existing Government contracts
⩥ SF-182 training payments.
Answer: Mandated method for payment for requirements using SF-182
up to $25,000
, ⩥ Overseas purchases up to $25,000.
Answer: Used outside the U.S. for purchases exceeding the micro-
purchase threshold but not exceeding $25,000
⩥ Sort the GPC Program Process steps in chronological order:.
Answer: Identify the requirement and ensure it fulfills a mission-
essential need; Determine whether the specific funding type is available;
Document the purchase file; Merchant transmits the GPC transaction for
processing; A/BO reviews transactions and supporting documentation
and signs the approval statement
⩥ Cardholder (CH) Responsibility.
Answer: Ensure transactions are made with responsible merchants in
accordance with Component instructions
⩥ Certifying Officer Responsibility.
Answer: Promptly certify that GPC Managing Account (MA) Billing
Statements are legal and proper for payment
⩥ Resource Manager (RM) Responsibility.
Answer: Coordinate with the Agency/Organization Program Coordinator
(A/OPC) to review and adjust spending limits
⩥ Supervisor Responsibility.