CLG 0010 EXAM LATEST WITH COMPLETE SOLUTION 150 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS)

CLG 0010 EXAM LATEST WITH COMPLETE SOLUTION 150 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS) How Long does Foreign Military Sales Documentation have to be retained following a case closure - ANSWER- 6 Years and 3 Months 6 Years 10 Years An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micropurchase threshold. - ANSWER- False Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? - ANSWER- Receipt Invoice Which three of the following are cardholder considerations before purchase? - ANSWER- Obtain Approval from the Agency/Organization Program Coordinator Ensure adequate and appropriate funds are available-Correct Determine if any special requirements or approvals are required.-Correct Check for availability from required sources-Correct What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. - ANSWER- Internal Fraud Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: - ANSWER- Strictly Prohibited Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? - ANSWER- Frustrated Freight Whose Responsibility is it to comply with government agency standards of conduct? (Select the three that apply) - ANSWER- Supervisor Approving/Billing officer Agency/Organization Program Coordinator The Governmentwide commercial Purchase card ______ used as the method of payment for commercial training requests using the SF-182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment. - ANSWER- Must be According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? - ANSWER- Recovery of costs from governmentwide commercial Purchase Card officials Increased data surveillance Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWER- Increased Scrutiny In step 10 of the governmentwide commercial purchase card program, what are three pieces of information that should be included in the cardholder purchase log - ANSWER- Name of the requestor Total Dollar Value of the transaction Date on which the item/service was ordered How many cardholder accounts may be rolled up under a managing account? - ANSWER- Nine Five Which three of the following are advantages of using the Governmentwide commercial purchase card? - ANSWER- Increased information Quicker Payment Increased Funding What are three authorized uses of the Governmentwide Commercial Purchase Card? - ANSWER- Open-Market Micro-Purchases Ordering officer purchases and payments Contract payment Commercial Training requirements using the SF-182-New Component Procedures may authorize DOD Governmentwide commercial Purchase Card ordering officers to make purchases up to the simplified acquisition threshold in which three of the following cases? - ANSWER- At or below the micro-purchase Threshold from any vendorCorrect At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank 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. ///- This one is correct/ Using simplified acquisition procedures above or below the micropurchase threshold against federal supply contract vehicles //// What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions - ANSWER- Insight on Demand (IOD) What are three examples of abuse of the Governmentwide Commercial Purchase Card? - ANSWER- Violating a specific-use Policy Exceeding the applicable micro-purchase Threshold Splitting requirements to avid card thresholds