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GLG 0010 Governmentwide Commercial Purchase Card Overview Practice Exam Questions with Definitive Solutions .

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GLG 0010 Governmentwide Commercial Purchase Card Overview Practice Exam Questions with Definitive Solutions . Terms like: What are three examples of abuse of the Governmentwide Commercial Purchase Card? - Answer: -Splitting requirements to avoid card thresholds -Violating a specific-use policy -Exceeding the applicable micro-purchase threshold wrong

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GLG 0010 Governmentwide Commercial Purchase Card Overview Exam




GLG 0010 Governmentwide Commercial
Purchase Card Overview Practice Exam
Questions with Definitive Solutions
2024-2025.
What are three examples of abuse of the Governmentwide Commercial Purchase
Card? - Answer: -Splitting requirements to avoid card thresholds
-Violating a specific-use policy
-Exceeding the applicable micro-purchase threshold
wrong


Which three of the following constitute Cardholder fraud? - Answer: -A
Cardholder's unauthorized purchase of power tools for personal use
-Purchasing items or extra quantity of items for resale or to give away to relatives
-Paying for repairs of privately owned equipment




1|Page

, GLG 0010 Governmentwide Commercial Purchase Card Overview Exam


Which three of the following describe the Governmentwide Commercial Purchase
Card? - Answer: -Reduced invoicing costs
-Similar in nature to a commercial credit card
-Used to make mission-essential purchases


What are two advantages of the Procurement Integrated Enterprise Environment?
- Answer: -Reduces DoD operating costs
-Improves data quality and access


What is the first step to follow when a Cardholder becomes aware of a lost or
stolen card or check? - Answer: Determine when and where the card/checks were
last used
wrong


Cardholders who have been formally granted the appropriate authority in their
Letter of Delegation may use the Governmentwide Commercial Purchase Card to
make simplified acquisitions up to $25,000 outside the United States and its
jurisdictions. - Answer: True


Who is the individual responsible for ensuring the existence, accuracy, and legality
of information on a Managing Account Billing Statement? - Answer:
Approving/Billing Official
wrong




2|Page

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