Management's (OPM) purchase card program. -Name of the requestor. Public Notification-Correct - Receipt /////, Frustrated freight may never reach the intended recipient. Purchasing office supplies for home use During the year, the store purchased merchandise on account as follows:1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows: Jul(32,000unitsat$58)$1,856,000Nov(52,000unitsat$62).3,224,000Dec(62,000unitsat$68)..4,216,000Totalpurchases.$9,296,000\begin{matrix} responsibilities in the Gov- ernmentwide Commercial Purchase Card Program? Ensure adequate and appropriate funds are available-Correct Automatic suspension of accounts What tool fulfills the 10 U.S.C. The Black Knights Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. The card may be used only for purchases that are otherwise authorized by law or regulation. Complete appropriate Training Purchase cards make it easy for you to buy the things you need for your agency. 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? When the GPC is used as a method of payment against a contract. Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. - Supervisor - Daily Data Mining Case Reviews ////// Government-wide 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. If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with t question. Total Dollar Value of the transaction After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. The Government Purchase Card (GPC) Program (also known as the GSA SmartPay Program) provides charge cards to agencies/departments throughout the U.S. Government.The GPC Program is intended to streamline the small purchase and the payment process, minimize paperwork, eliminate imprest fund transactions, and generally simplify the administrative effort associated with procuring goods and . 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 . It's equivalent to a commercial credit card and it's only given to authorized agency employees. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Alexander Holmes, Barbara Illowsky, Susan Dean. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for . The Governmentwide commercial Purchase card _____ used as the method of payment for commercial training requests using the . (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108(b)(2)). Date on which the item/service was ordered. Obtain Approval from the Agency/Organization Program Coordinator. Government Purchase Cards _____ Objective . The Black Knights Inc. has no aversion to being a landlord. %PDF-1.6 % for the Department to fulfill mandatory reporting requirements (i.e., their . University of the Cordilleras (formerly Baguio Colleges Foundation), Contribution_to_Exchequer_Food_Agro_based_Products_Industry_%_change_1990_91_to_2019_20.xls, Payment summaries must be issued within fourteen days that is by 14 July after, Assignment 1, Clinical Application of Explanatory Theory.edited.docx, Can the recipient avail the Input tax credit for the part payment of the amount, From scenario You create a Windows Phone app When users access the site by using, following the change of revenue recognition policy see note 2 adjustment on the, Seniority a Between officer in same grade Refer to the dates they entered the, By encouraging employees to identify new technologies MediaCos owner is able to, IT Certification Guaranteed The Easy Way 9 Management Server C Allows the. 25 years? Serving as chairperson on the purchase card program's risk management team; f. Liaising on behalf of the Department with the servicing bank; g. Preparing . $Cash payments on account totaled$8,896,000. Ordering officer purchases and payments Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. monthly. Click here for a matrix of the DoD GPC Program's required and recommended training at a glance. Which of the following are you authorized to. Decrease penalties for faulty disputes Target Attendees 2784(b)(14-15), the purchase card program is subject to periodic audits by the DoD Inspector General and the Military Services' audit agencies to determine whether the program complies with agency policy. answer. The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using the SF-182 valued at or below $25000 in lieu of an employee reimbursement by miscellaneous payment. Invoice Delinquent accounts are suspended after how many days? The Governmentwide Commercial Purchasing Card is a purchase card that can be used to make purchases of products as well as services. Mr. Lawrence invests $600 at the end of 20 laptops at $500 each for a total price of $10,000. - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, 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), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. How many cardholder accounts may be rolled up under a managing account? Nine ///// Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. 31 U.S.C. Purchases for which no funding is available. -The Cardholder temporarily loses card privileges Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? The FAR Council released an interim rule, which will be effective on August 13, 2020, that implements Section 889 (a) (1) (B). \text{Dec (62,000 units at \$68)..} & \text{4,216,000 }\\ It provides audit steps designed to determine the effectiveness of a purchase card program's processes and . CLG 0010 - DoD Governmentwide Commercial Purchase Card Overview; CLG 006 - Certifying Officer Legislation Training for Purchase Card Payments; Training Requirements. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Anna Maria. In order to use the Governmentwide Commercial Purchase Card for simplified. Small business Decrease penalties for faulty disputes The Government reimburses the third party at a later date for the third partys payment to the contractor. card programs. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam. CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. See 32.1110(d) for instructions for use of the appropriate clause when payment under a written contract will be made through use of the card. Looking for U.S. government information and services? PUR. who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment True Whose responsibility is it to comply with Government agency Standards of Conduct? involved a purchase amount above the micro-purchase threshold. Monthly Agency/organization program coordinator reviews///// - Frustrated Freight Competition-Correct An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. -Ensure transactions are made with responsible merchants ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. -A Cardholder's unauthorized purchase of power tools for personal use. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? what are two advantages of the procurement integrated enterprise environment? 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? (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement); or. 5.04 Prohibited Purchases The purchase card must not be used for the following: Long-term rental or lease of land or buildings of any type. Federal law requires that funds must be available before any government purchase is made. an Managing Account Billing Statement. 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. The Government reimburses the third party at a later date for the third party's payment to the contractor. (c) The Governmentwide commercial purchase card may be used to- (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement); or (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108 (b) (2)). You receive a request to purchase construction services. By Tessa 6 months ago Exam $8 1 Governance> Exam > GOVT 407 Exam 3 questions-and-answers-solution-test-exam- (All) Subpart 32.11 - Electronic Funds Transfer, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). Docmerit is a great platform to get and share study resources, especially the resource contributed by past students and who have done similar courses. Dame of the requestor (FAR) authorizes the use of a Governmentwide purchase card for making and/or paying for purchases of supplies, services, or construction. Which two statements about Managing Accounts are true? The purchase card currently saves the Government approximately $1.3B annually in administrative costs. When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. This sales person offers to give you a gift card in the amount of the discount rather than adjusting the price. Gives DoD access to information about what its components buy Agency procedures should not limit the use of the Governmentwide commercial purchase card to micro-purchases. 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