CLG 0010 EXAM LATEST WITH COMPLETE SOLUTION 150
QUESTIONS AND CORRECT ANSWERS
Which Of the Governmentwide Commercial Purchase Card Program's Mandatory
oversight procedures involves validating that all data mining cases are closed and
assessing the key purchasing and management internal controls? - ANSWER: Daily
Data Mining Case Reviews //////
Semi-annual head of activity reviews////
Procurement Management Reviews///////
How Long does Foreign Military Sales Documentation have to be retained following a
case closure - ANSWER: 6 Years and 3 Months ////////
8Years////
6 Years//////
10 Years
An Unauthorized commitment is an agreement that is not binding solely because the
agreement involved a purchase amount above the micro-purchase threshold. -
ANSWER: False
Which two of the following must be included in supporting documentation for all
governmentwide Commercial Purchase card Transactions? - ANSWER: Receipt
Invoice
Which three of the following are cardholder considerations before purchase? -
ANSWER: Obtain Approval from the Agency/Organization Program Coordinator
Ensure adequate and appropriate funds are available-Correct
Determine if any special requirements or approvals are required.-Correct
Check for availability from required sources-Correct
///////////
What is defined as any felonious act of corruption or attempt to cheat the
government or corrupts the government's agents by charge card program officials. -
ANSWER: Internal Fraud
Splitting what would have been an 11'000 purchase into two transactions, each of
which falls under the micro-purchase threshold, is: - ANSWER: Strictly Prohibited
Which of the following is the term for a shipment of supplies or equipment that is
delayed along the transportation chain and will not move until all problems are
resolved? - ANSWER: Frustrated Freight
Whose Responsibility is it to comply with government agency standards of conduct?
(Select the three that apply) - ANSWER: Supervisor
Approving/Billing officer
, Agency/Organization Program Coordinator
The Governmentwide commercial Purchase card ______ used as the method of
payment for commercial training requests using the SF-182, Valued at or below
25,000, in lieu of an employee reimbursement by miscellaneous payment. -
ANSWER: Must be
According to 10 united states code 2784, which two of the following could result
from a governmentwide commercial purchase card program violation? - ANSWER:
Recovery of costs from governmentwide commercial Purchase Card officials
Increased data surveillance
Because they are a potential indicator of misuse, abuse, or fraud, delinquent
accounts are subject to what? - ANSWER: Increased Scrutiny
In step 10 of the governmentwide commercial purchase card program, what are
three pieces of information that should be included in the cardholder purchase log -
ANSWER: Name of the requestor
Total Dollar Value of the transaction
Date on which the item/service was ordered
How many cardholder accounts may be rolled up under a managing account? -
ANSWER: Nine /////
Five/////
Which three of the following are advantages of using the Governmentwide
commercial purchase card? - ANSWER: Increased information
Quicker Payment
Increased Funding
/////////////
What are three authorized uses of the Governmentwide Commercial Purchase Card?
- ANSWER: Open-Market Micro-Purchases
Ordering officer purchases and payments
Contract payment
Commercial Training requirements using the SF-182-New
Component Procedures may authorize DOD Governmentwide commercial Purchase
Card ordering officers to make purchases up to the simplified acquisition threshold in
which three of the following cases? - ANSWER: At or below the micro-purchase
Threshold from any vendor-Correct
At or below the micro-purchase threshold against federal supply schedule contracts,
fedmall, or other ordering systems that are authorized in component procedures.-
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QUESTIONS AND CORRECT ANSWERS
Which Of the Governmentwide Commercial Purchase Card Program's Mandatory
oversight procedures involves validating that all data mining cases are closed and
assessing the key purchasing and management internal controls? - ANSWER: Daily
Data Mining Case Reviews //////
Semi-annual head of activity reviews////
Procurement Management Reviews///////
How Long does Foreign Military Sales Documentation have to be retained following a
case closure - ANSWER: 6 Years and 3 Months ////////
8Years////
6 Years//////
10 Years
An Unauthorized commitment is an agreement that is not binding solely because the
agreement involved a purchase amount above the micro-purchase threshold. -
ANSWER: False
Which two of the following must be included in supporting documentation for all
governmentwide Commercial Purchase card Transactions? - ANSWER: Receipt
Invoice
Which three of the following are cardholder considerations before purchase? -
ANSWER: Obtain Approval from the Agency/Organization Program Coordinator
Ensure adequate and appropriate funds are available-Correct
Determine if any special requirements or approvals are required.-Correct
Check for availability from required sources-Correct
///////////
What is defined as any felonious act of corruption or attempt to cheat the
government or corrupts the government's agents by charge card program officials. -
ANSWER: Internal Fraud
Splitting what would have been an 11'000 purchase into two transactions, each of
which falls under the micro-purchase threshold, is: - ANSWER: Strictly Prohibited
Which of the following is the term for a shipment of supplies or equipment that is
delayed along the transportation chain and will not move until all problems are
resolved? - ANSWER: Frustrated Freight
Whose Responsibility is it to comply with government agency standards of conduct?
(Select the three that apply) - ANSWER: Supervisor
Approving/Billing officer
, Agency/Organization Program Coordinator
The Governmentwide commercial Purchase card ______ used as the method of
payment for commercial training requests using the SF-182, Valued at or below
25,000, in lieu of an employee reimbursement by miscellaneous payment. -
ANSWER: Must be
According to 10 united states code 2784, which two of the following could result
from a governmentwide commercial purchase card program violation? - ANSWER:
Recovery of costs from governmentwide commercial Purchase Card officials
Increased data surveillance
Because they are a potential indicator of misuse, abuse, or fraud, delinquent
accounts are subject to what? - ANSWER: Increased Scrutiny
In step 10 of the governmentwide commercial purchase card program, what are
three pieces of information that should be included in the cardholder purchase log -
ANSWER: Name of the requestor
Total Dollar Value of the transaction
Date on which the item/service was ordered
How many cardholder accounts may be rolled up under a managing account? -
ANSWER: Nine /////
Five/////
Which three of the following are advantages of using the Governmentwide
commercial purchase card? - ANSWER: Increased information
Quicker Payment
Increased Funding
/////////////
What are three authorized uses of the Governmentwide Commercial Purchase Card?
- ANSWER: Open-Market Micro-Purchases
Ordering officer purchases and payments
Contract payment
Commercial Training requirements using the SF-182-New
Component Procedures may authorize DOD Governmentwide commercial Purchase
Card ordering officers to make purchases up to the simplified acquisition threshold in
which three of the following cases? - ANSWER: At or below the micro-purchase
Threshold from any vendor-Correct
At or below the micro-purchase threshold against federal supply schedule contracts,
fedmall, or other ordering systems that are authorized in component procedures.-
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