Recovery of cost from Governmentwide Commercial Purchase Card officials, 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. 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. Open-market micro-purchases. Open-market micro-purchases Transactions where the governmentwide commercial purchase card is used as a method of payment CLG 0010 DoD Governmentwide Commercial Purchase Card Coordinate with their transportation service support office before initiating the transaction. Which of the following is an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the government? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. Splitting what would have been an $11,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true? Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Consider the following: a. the problem of gridlock b. the increase in the size of the United States. -Above or below the micro-purchase threshold against contract vehicles issued for the Component by a Contracting Officer that contain a provision authorizing order and payment by the GPC. Target Attendees b. Approving/billing Officer Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? The Government Commercial Purchase Card used as the method of payment for . CLG 0010. . PUR. - ANSWER-The Cardholder must receive customized training, Which of the following is a Cardholder responsibility in the Governmentwide, Commercial Purchase Card Program? Clg 001 test answers - Math Practice ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. CLG 0010 Exam with complete solutions.docx - CLG 0010 Exam You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. COM. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx What must the Cardholder do to become qualified to make Governmentwide Commercial Purchase Card purchases up to $25,000 outside of the United States and its jurisdictions? There is no time limit for completing this course. T05.e01. Both companies can borrow at an 8% interest rate. Which one of the following is an example of abuse of the Governmentwide Commercial Purchase Card? Total dollar value of the transaction What are three examples of abuse of the Governmentwide Commercial Purchase Card? CARD OVERVIEW EXAM, Honors Spanish I - Day of the Dead Project, 96% CLGOO1O DoD Governmentwide Commercial Pur, CLG 001 DoD Government Commercial Purchase Ca, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Managerial Accounting- Supplemental Practice, Pathology and Common Symptoms Arthritis: OA,. Date on which the item/service was ordered. Purchasing office supplies for home use. We're available through e-mail, live chat and Facebook. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Ordering Officer purchases and payments. test_prep. What are three advantages of using the Governmentwide Commercial Purchase Card? [Show More] What is the Cardholder Statement of Account? Institution. used to make mission-essential purchases. Obtain Approval from the Agency/Organization Program Coordinator. - ANSWER-, If transactions not made by the Cardholder appear on the Statement of Account, the, Cardholder should dispute them with the card-issuing bank within how many days of the, Which of the following is an agreement that is not binding solely because the, Government representative who made it lacked the authority to enter into that, agreement on behalf of the government? According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. how many days of the billing cycle end date? CLG 001 DoD Government Commercial Purchase Card Overview Exam - Quizlet CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. A Cardholder's unauthorized purchase of power tools for personal useb. CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. 2. B. Automatic suspension of accounts yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. 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? . Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ Reduced invoicing costsc. a merchant. . QUESTION It is used to solve problems in a variety of fields, including science, engineering, and finance. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. CLG 0010 DoD Governmentwide Commercial Purchase Card Several personnel in your office have been needing new laptops, so this is a good time to take advantage of the increase and purchase 20 laptops at $500 each, for the price of $10,000. Which of the following is an appropriate circumstance for using a convenience check? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. what are two advantages of the procurement integrated enterprise environment? HESI A2 summaries, notes, assignments and practice exams for University. Interest penalties f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions. A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? PUR. CLG 001. order now. a. Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? In five years, the value of Hybrid Golf is expected to be$270 million. Objectives At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? a. Menier's disease Used to make mission-essential purchases. 300. points. A merchant does not accept payment by credit card. B. a. CLG 0010 DoD Government wide Commercial Purchase Card Answered-2022. a. Authorized uses of the Governmentwide Commercial Purchase Card include (select three) correct answers Existing Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated . After completing the course, please be sure to complete the survey at the end. What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. Reduced invoicing costs What are three advantages of using the Governmentwide Commercial Purchase Card? price-icon . function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. Enables the Government to earn refunds What conclusion is appropriate when H0H_0H0 cannot be rejected? Date on which the item/service was ordered CLG 0010 DoD Governmentwide Commercial Card Exam 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? The bank must close the account What is the artificial intelligence Data Mining platform that automatically analyzes [Show More] Preview 1 out of 5 pages Generating Your Document Report Copyright Violation Exam Details $6.45 Add To Cart Add To Wishlist Money Back Guarantee 24/7 Document English Business 20 laptops at $500 each for a total price of $10,000. Date on which the item/service was ordered. The government is not relieved of its obligation to pay for valid transactions made prior to the loss Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ b. Agency/Organization Program Coordinator CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions Click the card to flip A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Clg 0010 dod governmentwide commercial purchase card. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. 20 laptops at $500 each for a total price of $10,000. Funds must be available to cover the check value and the banks processing fee Explain. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within B. competition Interest penalties What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions Insight on Demand (IOD) Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier false