GPC APPROVING OFFICIAL TEST UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

GPC APPROVING OFFICIAL TEST UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS

Question:
1. (A) Once a year NO
(B) Twice a year (*C*) Every two years
(D) Every three years
Answer:
GPC refresher training must be taken

Question:
2. Per span of control policy, the maximum number of Cardholder accounts an AO may oversee is
Answer:
7

Question:
3. occurs when the amount credited to an AO account exceeds the amount billed by the bank
Answer:
Credit balance

Question:
4. (A) Returned or canceled merchandise with no credit received
(B) Invoice amount discrepancies
(C) Duplicate billings and non-receipt of merchandise (*D*) Convenience Check transactions
Answer:
Which of the following transactions may not be disputed through the bank?

Question:
5. TRUE
Answer:
(T/F) A/OPC to AO and Cardholder accounts are not to exceed 1:300

Question:
6. (A) Certificate of Appointment
(B) Appointment/Termination Record (DD Form 577) (*C*) Letter of Appoitment
(D) Letter of Delegation (NO)
Answer:
Approving Official authority is documented in a ___________

Question:
7. (A) Approved requirement documentation
(B) Sales receipt and merchant invoice
(C) Signed proof of delivery/acceptance (*D*) All of the above