Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

Exam (elaborations) CLG 001DoD Govenmentwide Commercial Purchase Card Overview Exam (Version 2)

Rating
-
Sold
-
Pages
6
Grade
A+
Uploaded on
18-09-2022
Written in
2022/2023

Exam (elaborations) CLG 001DoD Govenmentwide Commercial Purchase Card Overview Exam (Version 2)Here is your test result.The dots represent the choices you have made. The highlighted questions are the questions you have missed. Remediation Accessed shows whether you accessed those links.'N' represents links not visited and 'Y' represents visited links. Back to Status page contains 19 Questions 1) Which of the following does NOT describe the GPC? [Identify the business model for the GPC Program.] Used for travel and fuel Used to make mission-essential purchases Similar in nature to a commercial credit card Reduces invoicing costs 2) A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within how many days of the billing cycle end date? [Recognize the governing process flow of the GPC Program.] 3 5 10 30 3) Which of the following is NOT a Cardholder responsibility in the GPC Program? [Identify the key roles and responsibilities of various participants in the GPC Program.] Terminate the GPC account. Safeguard the GPC and account number

Show more Read less
Institution
Course

Content preview

DoD Govenmentwide Commercial Purchase Card Overview Exam

Here is your test result.The dots represent the choices you have made.

The highlighted questions are the questions you have missed.

Remediation Accessed shows whether you accessed those links.'N'
represents links not visited and 'Y' represents visited links.

Back to Status page
contains 19 Questions

1) Which of the following does NOT describe the GPC? [Identify the business
model for the GPC Program.]
Used for travel and fuel

Used to make mission-essential purchases

Similar in nature to a commercial credit card

Reduces invoicing costs



2) A best practice calls for the Cardholder to reconcile transactions in the
Statement of Account within how many days of the billing cycle end date?
[Recognize the governing process flow of the GPC Program.]
3

5

10

30


3) Which of the following is NOT a Cardholder responsibility in the GPC Program?
[Identify the key roles and responsibilities of various participants in the GPC Program.]
Terminate the GPC account.

Safeguard the GPC and account number

, Complete appropriate training

Reconcile the monthly Statement of Account


4) Which of the following statements does NOT apply to PCOLS? [Identify the
requirement for, and capabilities of, the Purchase Card Online System (PCOLS).]
Its use is voluntary.

It is Common Access Card (CAC) enabled.

It is a suite of electronic systems.

It improves management and accountability of GPC Program.


5) You receive a request to purchase construction services. After obtaining all
necessary approvals, you call the construction company, which advises you that
the cost for their services will total $2,400. You agree to make the purchase, and
the construction company accepts your GPC as the method of purchase. What
did you do wrong? [Identify the various micro-purchase thresholds.]
You did not pay for the services via the Internet.

You forgot that cnstruction must be purchased only through the “Emergency

Purchases” procedures established by your local Contracting Office.
You made a purchase for construction with the GPC that exceeded $2,000.


6) The GPC may be used to make purchases: [Recognize what the Cardholder
must consider prior to making different types of GPC transactions.]
All of these

By phone

Over the counter

Via the Internet


7) Which of the following must be included in supporting documentation for
all GPC transactions?

Written for

Institution
Course

Document information

Uploaded on
September 18, 2022
Number of pages
6
Written in
2022/2023
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$9.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
StudyConnect Liberty University
Follow You need to be logged in order to follow users or courses
Sold
266
Member since
5 year
Number of followers
232
Documents
1719
Last sold
2 months ago
Study Connect

Latest Exams, Notes, Practice Tests And All Latest Study Materials to help You Pass your Exams

3.5

40 reviews

5
15
4
7
3
9
2
0
1
9

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions