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CLG 0010 Exam Questions With 100% Verified Solutions

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CLG 0010 Exam Questions With 100% Verified Solutions Whose responsibility is it to comply with Government agency Standards of Conduct? (Select the three that apply.) - ANSWER- Approving/Billing Officer; Supervisor; Agency/Organization Program Coordinator Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? - ANSWER- Reconcile the monthly Statement of Account; Ensure transactions are made with responsible merchants; Complete appropriate training What are three advantages of using the Governmentwide Commercial Purchase Card? - ANSWER- Gives DoD access to what its Components buy; Enables the Government to earn refunds; Reduced DoD invoicing costs Authorized uses of the Governmentwide Commercial Purchase Card include (select three): - ANSWER- Ordering Officer purchases and payments; Existing Government contracts; Commercial training requirements using the SF-182 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 The Cardholder reconciles Purchase Log with Cardholder Statement of Account, approves the statement, and provides supporting documents to the A/BO in what step of the process? - ANSWER- Step 17 How long does Foreign Military Sales documentation have to be retained following case closure? - ANSWER- 10 years Which three items describe external fraud? - ANSWER- Is a felonious act of corruption or attempt to cheat the Government; Is committed by someone other than charge card program officials; Includes billing for items not ordered Which of the following information must be included on detailed/itemized receipts? (select two) - ANSWER- Name of merchant; Date of purchase An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threthold. - ANSWER- False Which three of the following statements are true? - ANSWER- Ordering Officer appointments are distinct from Governmentwide Purchase Cardholder appointments; No Ordering Officer may be appointed until they have received training commensurate with their delegated authority; Ordering Officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission Which three of the following statements about convenience checks are true? - ANSWER- (INCORRECT) The Cardholder can request that the bank "stop payment" on a check; Funds must be available to cover the check value and the bank's processing fee; The Cardholder can dispute a convenience check after payment has been made 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 - ANSWER- True Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWER- Increased scrutiny A cardholder reports their card as stolen. If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the cardissuing bank within how many days of the transaction date? - ANSWER- 90 The Secretary of Defense authorizes an increase in the micro-purchase threshold to $35,000 to support declared contingency operations in Afghanistan. You are presently deployed to Afghanistan and several personnel in your Afghanistan office have been needing new laptops, so you can purchase 35 laptops at $1,000 each, for a total price of $35,000. - ANSWER- True (correct) Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? - ANSWER- Failing to purchase from mandatory sources If commercial shipping is not used for a Governmentwide Commercial Purchase Card purchase to be shipped overseas, the Cardholder must: - ANSWER- (INCORRECT) None of these responses is correct If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely Disabled), the Cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. - ANSWER- True Which one of the following is an advantage of the Procurement Integrated Enterprise Environment? - ANSWER- Reduces DoD operating costs How many Cardholder accounts may be rolled up under a Managing Account? - ANSWER- Seven The law requires the DoD to recover costs from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. - ANSWER- True Which Governmentwide Commercial Purchase Card Program mandatory oversight procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews? - ANSWER- Semi-Annual Head of Activity Reviews Agency/Organization Program Coordinator (A/OPC) - ANSWER- Manages and oversees CH and Managing Accounts Approving/Billing Official (A/BO) - ANSWER- Reviews and approves GPC Managing Account Invoices and transaction supporting data for compliance Certifying Officer - ANSWER- Reviews Managing Account invoices in accordance with DoD Financial Management Regulation (DoD FMR) requirements Resource Manager (RM) - ANSWER- Provides appropriate GPC account funding Cardholder (CH) - ANSWER- Is issued a GPC cardholder account Which characteristic describes the GPC business model? - ANSWER- Similar to a commercial credit card What are the advantages to using a GPC instead of other forms of payment? (Select the three that apply.) - ANSWER- Expedited payment to merchant; Increased likelihood of the merchant doing business with the Government; Reducing invoicing costs Authorized DoD GPC Uses: - ANSWER- Contract payments; Open-market micro purchases; Payments for training requirements on approved Standard Form (SF) 182; Ordering Officer purchases; Overseas purchases up to $25,000 Open-market micro-purchases - ANSWER- Use of the GPC to streamline micro- purchases and payment for mission-essential supplies and services

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Institution
CLG 0010
Course
CLG 0010

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CLG 0010 Exam Questions With 100% Verified
Solutions

Whose responsibility is it to comply with Government agency Standards of Conduct?
(Select the three that apply.) - ANSWER- Approving/Billing Officer; Supervisor;
Agency/Organization Program Coordinator

Which three of the following are Cardholder responsibilities in the Governmentwide
Commercial Purchase Card Program? - ANSWER- Reconcile the monthly Statement of
Account; Ensure transactions are made with responsible merchants; Complete
appropriate training

What are three advantages of using the Governmentwide Commercial Purchase Card?
- ANSWER- Gives DoD access to what its Components buy; Enables the Government
to earn refunds; Reduced DoD invoicing costs

Authorized uses of the Governmentwide Commercial Purchase Card include (select
three): - ANSWER- Ordering Officer purchases and payments; Existing Government
contracts; Commercial training requirements using the SF-182

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

The Cardholder reconciles Purchase Log with Cardholder Statement of Account,
approves the statement, and provides supporting documents to the A/BO in what step
of the process? - ANSWER- Step 17

How long does Foreign Military Sales documentation have to be retained following case
closure? - ANSWER- 10 years

Which three items describe external fraud? - ANSWER- Is a felonious act of corruption
or attempt to cheat the Government; Is committed by someone other than charge card
program officials; Includes billing for items not ordered

Which of the following information must be included on detailed/itemized receipts?
(select two) - ANSWER- Name of merchant; Date of purchase

An unauthorized commitment is an agreement that is not binding solely because the
agreement involved a purchase amount above the micro-purchase threthold. -

, ANSWER- False

Which three of the following statements are true? - ANSWER- Ordering Officer
appointments are distinct from Governmentwide Purchase Cardholder appointments;
No Ordering Officer may be appointed until they have received training commensurate
with their delegated authority; Ordering Officers are established to provide DoD
Components with the ability to make purchases against existing contracts to support
their mission

Which three of the following statements about convenience checks are true? -
ANSWER- (INCORRECT) The Cardholder can request that the bank "stop payment" on
a check; Funds must be available to cover the check value and the bank's processing
fee; The Cardholder can dispute a convenience check after payment has been made

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 -
ANSWER- True

Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts
are subject to what? - ANSWER- Increased scrutiny

A cardholder reports their card as stolen. If transactions not made by the Cardholder
appear on the Statement of Account, the Cardholder should dispute them with the
cardissuing bank within how many days of the transaction date? - ANSWER- 90

The Secretary of Defense authorizes an increase in the micro-purchase threshold to
$35,000 to support declared contingency operations in Afghanistan. You are presently
deployed to Afghanistan and several personnel in your Afghanistan office have been
needing new laptops, so you can purchase 35 laptops at $1,000 each, for a total price
of $35,000. - ANSWER- True (correct)

Which one of the following is an example of abuse of the Governmentwide Commercial
Purchase Card? - ANSWER- Failing to purchase from mandatory sources

If commercial shipping is not used for a Governmentwide Commercial Purchase Card
purchase to be shipped overseas, the Cardholder must: - ANSWER- (INCORRECT)
None of these responses is correct

If required office paper is available from a mandatory source of supply (such as the
Committee for Purchase from People Who Are Blind or Severely Disabled), the
Cardholder must purchase the paper from the mandatory source, even if similar paper
is available at a lower price from a non-mandatory source. - ANSWER- True

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Institution
CLG 0010
Course
CLG 0010

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