CLG 0010 EXAM ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS) |AGRADE

CLG 0010 EXAM ACTUAL EXAM QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS) |AGRADE Who is responsible for verifying proof of delivery for all government wide commercial purchase card transactions during the monthly transaction review? - ANSWERapproving/billing official What is the cardholder statement of account? - ANSWER- A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Cardholders who have been formally granted the appropriate authority in their letter of delegation may use the government wide commercial purchase card to make simplified acquisitions up to $25000 outside the United States and its jurisdictions. - ANSWERtrue Which three of the following describe the government wide commercial purchase card? - ANSWER1. Used to make mission-essential purchases 2. Similar in nature to a commercial credit card 3. Reduced invoicing costs Cardholders may be granted authority to use their government wide commercial purchase card accounts to make payments against contracts - ANSWER- true Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations"? - ANSWER- abuse What is the artificial intelligence data mining platform that automatically analyzes the dod's government wide commercial purchase card data to identify high-risk transactions? - ANSWER- insight on demand (iod) Which three of the following statements about convenience checks are true? - ANSWER- the cardholder can dispute a convince check after payment has been made, convince checks must be secured in a locked container, funds must be available to cover the check value and the bank's processing fee Cardholders who hold an ordering officer delegation must follow component procedures for order placement. These procedures will address requirements related to which three of the following? - ANSWER- competition, public notification, small business Splitting what would have been an $11000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: - ANSWER- appropriate as long as the proper approvals have been obtained 10 united states code 2784 requires specific corrective actions for government wide commercial purchase card program violations. - ANSWER- false Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? - ANSWER- reconcile the monthly statement of account Authorized uses of the government wide commercial purchase card include (select three): - ANSWER- existing government contracts, ordering officer purchases and payments, commercial training requirements using sf-182