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Which of the following is an appropriate circumstance for using a convenience check? c. Disruption to Government purchases. PUR. If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? (b) Use the graph of f(x)f^{\prime}(x)f(x) to determine where f(x)>0f^{\prime \prime}(x)>0f(x)>0, where f(x)<0f^{\prime \prime}(x)<0f(x)<0, and where f(x)=0f^{\prime \prime}(x)=0f(x)=0. 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Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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? What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? grow at an average annual rate of 5.7% for 2011 The Government Commercial Purchase Card used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. Name of the requestor Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Complete appropriate training CLG0 0010 Test Review.pdf. Which of the following are you authorized to accept? COM. purchasing items or extra quantity of items for resale or to give away to relatives CLG 0010. Description The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. 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? 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. c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? Which of the following information must be included on detailed/itemized receipts? \end{array} 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 transaction date? A Cardholder's unauthorized purchase of power tools for personal useb. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Use the vertical axis for cost and the horizontal axis for cubic yards of cement. This price is several weeks income for many families. Suspected ethics violations should be reported to: Who is responsible for verifying proof of delivery for all governmentwide purchase card transactions during the monthly transaction review? Coordinate with their transportation service support office before initiating the transaction. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. T02.E01, If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. A Cardholder's unauthorized purchase of power tools for personal use What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? assessment. What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. T06.E02. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. A merchant does not accept payment by credit card. You receive a request to purchase construction services. Automatic suspension of accounts These procedures will address requirements related to which three of the following? DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. Objectives Download Course Objectives Target Attendees a. CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. Clarify mathematic. 5 c. 15 d. 40. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. Similar in nature to a commercial credit card Agency/Organization Program Coordinator////, In the event that a cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true. Recovery of costs from governmentwide commercial Purchase Card officials 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? b. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. In five years, the value of Hybrid Golf is expected to be$270 million. accept? Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% 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 managemen. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. b. sensorineural hearing loss b. a merchant. Which of the following is a reason that DoD policy allows for Governmentwide Commercial Purchase Card Billing Statement certification prior to verification that all items submitted for payment have been received in order to: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? T05.E03. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution 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? whose responsibility is it to comply with Government agency standards of conduct? DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Classify truck depreciation and raw materials as variable or fixed costs. Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100%. Wat are three examples of abuse of the Government Commercial Purchase Card? Which of the following is an appropriate circumstance for using a convenience check? 703-805 . CARD OVERVIEW EXAM QUESTIONS AND ANSWERS whose responsibility is it to comply with Government agency standards of conduct? Used to make mission-essential purchases. Competition-Correct Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Reconcile the monthly Statement of Account. Complete appropriate Training Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? The Bank must close the account Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. CLG 001 DoD Government Commercial Purchase Card. Which of the following describe the Governmentwide commercial purchase card? Enables the Government to earn refunds Which of the following is an appropriate circumstance for using a convenience check? Provide a vertical analysis of the regional segment revenues for both years. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. d. interaural time differences, Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? UnitedStatesEuropeAPMEA*OtherCountries&CorprateTotalrevenuesRecentYear(inmillions)$8,81410,8276,3911,535$37,567PriorYear(inmillions)$8,52810,8866,0201,572$27,006. national health care spending, y, in trillions, as a False Authorized uses of the Governmentwide Commercial Purchase Card include: Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. Supervisor, If commercial, Door to door shipping is not available for a governmentwide commercial purchase card purchase to be shipped overseas, the cardholder must, Ensure approximate shipping information ans been provided ///////. You are interested in purchasing the common stock of Azure Corporation. Dame of the requestor PUR. 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. Disruption to Government Purchases. 1. PUR. Which three of the following describe the Governmentwide Commercial Purchase Card? [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 The accountant will use a sample of future weekend guest bills to test the manager's claim. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . When you get back to the office, you realize that the envelope size will not meet the Is a felonious act of corruption or attempt to cheat the government CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. b. A merchant does not accept payment by credit card, The secretary of defense authorizes and increases in the micro-purchase threshold to 20,000 to support declared contingency operations in Afghanistan. Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Ordering Officer purchases and payments, c. Commercial training requirements using the SF-182, Which of the following terms is defined as "the international use of the Government-, issued charge card in violation of applicable regulations"? There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? What are three examples of misuse of the governmentwide commercial Purchase card? Improves data quality and access. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? competition Interest penalties Click the card to flip Definition 1 / 70 6. The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. Enables the Government to earn refunds Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? (Select the three that apply. 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. Which of the following are you authorized to. In order to use the Governmentwide Commercial Purchase Card for simplified acquisitions up to $25,000 outside the United States and its jurisdictions, the Cardholder, merchant, and supply delivery/service execution must all be outside the United States and its jurisdictions. Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? An unauthorized commitment is an agreement that is not binding solely because the agreement We're available through e-mail, live chat and Facebook. The study documents help you better prepare for exams and get higher grades. 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 - ANSWER-True The . Which three of the following statements about convenience checks are true? yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. Currently, similar-risk stocks have required returns of 10 %. a. Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? COM. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or Reduces dod invoicing costs a. a. 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. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. Last week she worked h overtime hours at double time. Funds must be available to cover the check value and the banks processing fee Interest penalties Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? The Government Commercial Purchase Card used as the method of payment for . Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments CLG 0010 DOD GOV. 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). Similar in nature to a commercial credit card Convenience Check Writers, and Certifying Officers Courses 484 View detail Preview site Dau Clg 0010 Training Slides - faqcourse.com CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. \hline Approving/Billing Officer, Frustrated freight may never reach the intended recipient. Explain. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. Commercial Training requirements using the SF-182-New. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. \text{APMEA*}&6,391&6,020\\ B. If Birdie Golf buys Hybrid Golf, an immediate dividend of$67.5 million would be paid from Hybrid Golf to Birdie. -Paying for repairs of privately owned equipment (Select the three that apply). &\textbf{Recent Year}&\textbf{Prior Year}\\ Defrauding the government Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles 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. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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? Ensure transactions are made with responsible merchants Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? 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? T01.E02, open market micro-purchase Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. Defense Acquisition University. Date on which the item/service was ordered. a. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Both companies can borrow at an 8% interest rate. Overseas purchases up to 25000 Suspected ethics violations should be reported to: When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Which three of the following statements about convenience checks are true? What is the artificial intelligence Data Mining platform that automatically analyzes A. Which three of the following constitute Cardholder fraud? Franklin will pay the entire note (principal and interest) on the notes maturity date. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. The Cardholder must receive customized training. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? Work in Progress CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. 00 Comments Please sign inor registerto post comments. What is the Cardholder Statement of Account? 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? Reduced invoicing costsc. What is the opportunity cost of your choice? b. (select the three that apply) - ANSWER-1. Review and ensure all cardholder supporting documentation supports the payment. I dont know, Answers are wrong. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. What are three examples of abuse of the Governmentwide Commercial Purchase Card? The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? Splitting requirements to avid card thresholds. spending was $2.7 trillion, and it was projected to Are used to roll up Cardholder accounts, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. COM. /////, Frustrated freight may never reach the intended recipient. Contract payments Institution. Increased Funding Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases B. Clg 0010 dod governmentwide commercial purchase card. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Total dollar value of the transaction The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. which three of the following are cardholder considerations before purchase? C. Reduces DoD invoicing costs. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. a. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. Small Business Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. Interest penaltiesb. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. Bryce has asked you to analyze the financial aspects of the potential merger. using public office for private gain Total Dollar Value of the transaction ), a. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? a. approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . b. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Ordering officer purchases and payments CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. What conclusion is appropriate when H0H_0H0 cannot be rejected? Which option would you choose? Requires a Primary Approving/Billing Official - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Violating a specific-use policy 2. Stock in Birdie Golf currently sells for $87 per share, and the company has 18 million shares of stock outstanding. Violating a specific-Use Policy. A. //////////. 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?