GPC Government Purchase Card Procedures Exam With Complete Solutions 2024

billing cycle - correct answer-the 20th of each month, the day before if it falls on a holiday Access Online AXOL - correct answer-the online card management system owned by US Bank where are GPC orders processed - correct answer-via AXOL PRS in GFEBS what does the certifying officer ensure - correct answer-that the purchases meet the legal requirements what does the Government Purchase Card (GPC) empower - correct answer-non procurement and procurement personnel within Army units with a simple, easy method to make small purchases of commercially available supplies and services to meet organizational mission requirements small purchases - correct answer-below 10,000 micro purchase threshold for commercially available supplies GPC provides... - correct answer-a simple and efficient way to make small purchases dollar limits - correct answer-single purchase limit: the maximum amount a cardholder is authorized to spend on any one transaction -10,000 supplies -2,500 services -2,000 construction -25,000 training cards 30 day purchase limit - correct answer-the max amount a cardholder may spend during a billing cycle 30 day office limit - correct answer-the billing officials max limit that can be spent by their cardholders over the billing cycle remember... - correct answer-no money until the budget gives you the money how many steps for GPC transaction - correct answer-9 mandatory step 1 - correct answer-requester- identify the requirement. step 2 - correct answer-requester- complete the purchase request form step 3 - correct answer-cardholder reviews the purchase request step 4 - correct answer-cardholder executes proper coordination step 5 - correct answer-cardholder submits requ