CLG 0010 DoD Governmentwide Commercial Purchase Card Spring 2022(100% Verified)

CLG 0010 DoD Governmentwide Commercial Purchase Card Spring 2022(100% Verified) Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Correct Answer- Abuse Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Correct Answer- Quicker Payments Increased Funding Increased Information Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Correct Answer- Certifying Officer What are two advantages of the Procurement Integrated Enterprise Environment? Correct Answer- ??? Improves Data Quality and Access Reduces DoD Operating Costs When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Correct Answer- Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Correct Answer- False Authorized uses of the Governmentwide Commercial Purchase Card include: Correct Answer- Ordering Officer purchases and payments Commercial training requirements using the SF-182 Existing Government contracts 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- ??? 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 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 Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Correct Answer- True which three of the following are cardholder considerations before purchase? Correct Answer- ??? Obtain approval Ensure Determine What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? Correct Answer- Internal Fraud 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations Correct Answer- False which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions Correct Answer- ???