COMMERCIAL PURCHASE CARD OVERVIEW
Authorized uses of the Governmentwide Commercial Purchase Card
include (select three): - correct answer- 1. Ordering officer purchases
and payments
2. Existing Government contracts
3. Commercial training requirements using the SF-182
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. - correct answer- T
Once you establish a good working relationship with a particular
supplier, you should make all of your purchases from that supplier. -
correct answer- F
Prior to certifying the Managing Account Billing Statement for contract
payment by Governmentwide Commercial Purchase Card, the
Approving/Billing Official must do which one of the following? - correct
answer-
There are processes in place to ensure compliance with 10 U.S.C. 4754.
- correct answer- T
, What is the purpose of the Daily Data Mining (DM) Case Review? -
correct answer- To detect and prevent improper purchases
When a Cardholder reports their Governmentwide Commercial Purchase
Card (GPC) as misplaced, lost, or stolen, what is the typical action that is
taken? - correct answer- The bank must close the account and a new
card is issued
When using a Governmentwide Commercial Purchase card, which of the
following is a prohibited purchase? - correct answer- Construction
services over $2,000
Which action is performed by the Cardholder as part of the
Governmentwide Commercial Purchase Card Program? - correct
answer- Reconciling the Purchase Log with the Cardholder Statement
of Account
Which advantage is associated with the use of the Governmentwide
Commercial Purchase Card? - correct answer- Reduce invoicing cost
for DoD
Which of the following actions must a Cardholder take if commercial
shipping is NOT used for a Governmentwide Commercial Purchase Card
purchase to be shipped overseas? - correct answer- Review and
ensure all Cardholder supporting documentation supports the payment