CLG 001 DoD Government Commercial Purchase Card Overview Exam and Answers

CLG 001 DoD Government Commercial Purchase Card Overview Exam and Answers 1. whose responsibility is it to comply with Government agency standards of conduct? (select the three that apply) - 1. approving/billing officer 2. supervisor 3. agency/organization program coordinator 2. If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must - Coordinate with a transportation service support office before initiating the transaction 3. What are the three examples of misuse of the Government Commercial Purchase Card? - 1. Purchasing office supplies for home use 2. failing to certify "purchase card certification statements" on time 3. violating a specific-use policy 4. Which of the following is an appropriate circumstance for using a convenience check? - A purchase exceeds the micro purchase threshold. 5. Which three of the following describe the Governmentwide Commercial Purchase Card? - a. Similar in nature to a commercial credit cardb. Reduced invoicing costsc. Used to make mission-essential purchases 6. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? - The Semi-Annual Head of Activity Reviews 7. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? - all of these 8. DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply) - ? 9. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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. - false 10. In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions - true 11. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? - approving/billing official?? 12. A best practice calls for the card holder to reconcile transactions in the statement of account within how many days of the billing cycle end date? - 30 13. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions - Insight on Demand (IOD) 14. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier - false 15. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - Increased scrutiny 16. How many Cardholder accounts may be rolled up under a Managing Account? - seven 17. What are three authorized uses of the Governmentwide Commercial Purchase Card? - a. Open-market micro-purchases. Contract payments. Ordering Officer purchases and payments 18. Which there of the following statements are true? - ? 19. Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? - Certifying Officer? 20. The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. - True? 21. Which three of the following constitute cardholder fraud? - a. A Cardholder's unauthorized purchase of power tools for personal useb. Paying for repairs of privately owned equipmentc. Purchasing items or extra quantity of items for resale or to give away to relatives 22. 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? - Unauthorized commitment 23. What are the three examples of misuse of the Government Commercial Purchase Card? -