CLG 001 CLG 001 EXAM QUESTION AND ANSWERS 100% CORRECT

1. A best practice calls for the CH to reconcile transactions in the Statement of Account within how many days of the billing cycle? A. 3 2. A best practice is for the CH to reconcile and approve the information in his or her SA within how many days of the end of the monthly billing cycle? a. 15 days (WRONG) b. 30 days (wrong) c. 3 days d. None 3. Which of the following statements is false? a. Only DOD contractors may be appointed as Ordering Officers 4. Which of the following is a CH responsibility in the GPC program? a. Recon monthly SA 5. You receive a request to purchase construction services. After obtaining all necessary approval totaling $2400 a. You made a construction purchase above $2000 6. Which is NOT an advantage of using GPC? a. Empowers a single individual to handle all aspects of the purchasing process3 7. Govt Charge Card Abuse prevention act requires DOD to recost cost from GPG a. True 8. Which of the following descriptions does NOT apply to PCOLS? a. Allows automatic removal of GPC users upon retirement (Wrong) b. Allow automatic cancellation of CH accounts (WRONG) c. Tracks GPC purchase amounts for reporting to the DFAS d. Review GPC transactions for compliance with policy and regulation. 9. An unauthorized commitment is an agreement that is not binding solely because the agreement is a. false 10. Which of the following constitutes CH fraud? a. ALL of the above