Questions and Correct
Answers | New Update
Authorized uses of the Governmentwide Commercial Purchase Card
include (select three) - ANSWER ✔✔Existing Government contracts
Ordering Officer purchases and payments
Commercial training requirements using the SF-182
What are 2 advantages of the Procurement Integrated Enterprise
Environment? - ANSWER ✔✔Reduces DoD operating costs
Improved data quality and access
, An unauthorized commitment is an agreement that is not binding solely
because the agreement involved a purchase amount above the micro-
purchase threshold. - ANSWER ✔✔False
How many CH accounts may be rolled up under a Managing Account? -
ANSWER ✔✔Seven
Frustrated freight may never reach the intended recipient - ANSWER
✔✔True
Which of the Governmentwide Commercial Purchase Card Program's
mandatory oversight procedures involves validating that all Data Mining
cases are closed & assessing the key purchasing and management
internal controls? - ANSWER ✔✔Monthly A/OPC Reviews
What is the Cardholder Statement of Account? - ANSWER ✔✔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.
What are the 3 advantages of using the Governmentwide Commercial
Purchase Card? - ANSWER ✔✔Reduces DoD invoicing costs.
Enables the Government to earn refunds.
Gives DoD access to information about what its Components buy.