CLG 0010 Test Answers PDF [Latest] 2023 Score 100%
who is responsible for verifying proof of delivery for all govermentwide commercial
purchase card transactions during the monthly transaction review? - ANSWER
approving/billing official
what is the cardholder statement of account? - ANSWER A document reflecting all
purchases and credits that have been posted to the CH's account during a 30-day billing
cycle.
cardholers who have been formally granted the appropriate authority in their letter of
delegation may use the govermentwide commercial purchase card to make simplified
aquisitions up to $25000 outside the united states and its jurisdictions. - ANSWER true
which three of the following describe the governmentwide commercial purchase card? -
ANSWER 1. used to make mission-essential purchases 2. similar in nature to a
commercial credit card 3. reduced invoicing costs
cardholders may be granted authority to use their governmentwide commercial
purchase card accounts to make payments against contracts - ANSWER true
which of the following terms is defined as "the intentional use of the government-issued
charge card in violation of applicable regulations"? - ANSWER abuse
what is the artificial intelligence data mining platform that automatically analyzes the
dod's governmentwide commercial purchase card data to identify high-risk
transactions? - ANSWER insight on demand (iod)
which three of the following statements about convenience checks are true? - ANSWER
the cardholder can dispute a convience check after payment has been made, convience
checks must be secured in a locked container, funds must be available to cover the
check value and the bank's processing fee
cardholders who hold an ordering officer delegation must follow compnent procedures
for order placement. these procedures will address requirements related to which three
of the following? - ANSWER competition, public notification, small business
splitting what would have been an $11000 purchase into two transactions, each of
which falls under the micro-purchase threshold, is: - ANSWER appropriate as long as
the proper approvals have been obtained
10 united states code 2784 requires specific corrective actions for governmentwide
commercial purchase card program violations. - ANSWER false
who is responsible for verifying proof of delivery for all govermentwide commercial
purchase card transactions during the monthly transaction review? - ANSWER
approving/billing official
what is the cardholder statement of account? - ANSWER A document reflecting all
purchases and credits that have been posted to the CH's account during a 30-day billing
cycle.
cardholers who have been formally granted the appropriate authority in their letter of
delegation may use the govermentwide commercial purchase card to make simplified
aquisitions up to $25000 outside the united states and its jurisdictions. - ANSWER true
which three of the following describe the governmentwide commercial purchase card? -
ANSWER 1. used to make mission-essential purchases 2. similar in nature to a
commercial credit card 3. reduced invoicing costs
cardholders may be granted authority to use their governmentwide commercial
purchase card accounts to make payments against contracts - ANSWER true
which of the following terms is defined as "the intentional use of the government-issued
charge card in violation of applicable regulations"? - ANSWER abuse
what is the artificial intelligence data mining platform that automatically analyzes the
dod's governmentwide commercial purchase card data to identify high-risk
transactions? - ANSWER insight on demand (iod)
which three of the following statements about convenience checks are true? - ANSWER
the cardholder can dispute a convience check after payment has been made, convience
checks must be secured in a locked container, funds must be available to cover the
check value and the bank's processing fee
cardholders who hold an ordering officer delegation must follow compnent procedures
for order placement. these procedures will address requirements related to which three
of the following? - ANSWER competition, public notification, small business
splitting what would have been an $11000 purchase into two transactions, each of
which falls under the micro-purchase threshold, is: - ANSWER appropriate as long as
the proper approvals have been obtained
10 united states code 2784 requires specific corrective actions for governmentwide
commercial purchase card program violations. - ANSWER false
