COMMERCIAL CARD EXAM QUESTIONS AND
ANSWERS 100% PASS
Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures
involves validating that all data mining cases are closed and assessing the key purchasing and manage
ment internal controls? - correct answer-Daily Data Mining Case Reviews //////
Semi-annual head of activity reviews////
Procurement Management Reviews///////
How Long does Foreign Military Sales Documentation have to be retained following a case closure -
correct answer-6 Years and 3 Months ////////
8Years////
6 Years//////
10 Years
An Unauthorized commitment is an agreement that is not binding solely because the agreement involve
d a purchase amount above the micro-purchase threshold. - correct answer-False
Which two of the following must be included in supporting documentation for all governmentwide Co
mmercial Purchase card Transactions? - correct answer-Receipt
Invoice
Which three of the following are cardholder considerations before purchase? - correct 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
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What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the g
overnment's agents by charge card program officials. - correct 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: - correct answer-Strictly Prohibited
Which of the following is the term for a shipment of supplies or equipment that is delayed along the tr
ansportation chain and will not move until all problems are resolved? - correct answer-
Frustrated Freight
Whose Responsibility is it to comply with government agency standards of conduct? (Select the three t
hat apply) - correct answer-Supervisor
Approving/Billing officer
Agency/Organization Program Coordinator
The Governmentwide commercial Purchase card used as the method of payment for commerci
al training requests using the SF-
182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment. -
correct answer-Must be
According to 10 united states code 2784, which two of the following could result from a governmentw
ide commercial purchase card program violation? - correct 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 wh
at? - correct answer-Increased Scrutiny
In step 10 of the governmentwide commercial purchase card program, what are three pieces of informa
tion that should be included in the cardholder purchase log - correct 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? - correct answer-
Nine /////
Five/////