CLG 0010 Exam with complete solutions

who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? - ANSWER-approving/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. cardholers who have been formally granted the appropriate authority in their letter of delegation may use the govermentwide commercial purchase card to make simplified aquisitions up to $25000 outside the united states and its jurisdictions. - ANSWER-true which three of the following describe the governmentwide commercial purchase card? - ANSWER-1. 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 governmentwide 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 governmentwide 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 convience check after payment has been made, convience 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 compnent 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 governmentwide 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 governmentwide commercial purchase card include (select three): - ANSWER-existing government contracts, ordering officer purchases and payments, commercial training requirements using sf-182 which of the government commercial purchase card program's mandatory oversight procedures involves validating that al data mining cases are closed and assessing the key purchasing and management internal controls? - ANSWER-daily data mining case reviews executive order 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. what are three violations of these executive orders? - ANSWER-using public office for private gain, giving preferential treatment to any person or organization, defrauding the government if commercial, door-to-door shipping is not available for a governmentwide commercial purchase card purchase to be shipped overseas, the cardholder must: - ANSWER-coordinate with their transportation service support office before initiating the transaction if required office paper is available from a mandatory source of supply (such as the committee for purchase from people who are blind or severely disabled), the cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. - ANSWER-true 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 seen because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWER-increased scrutiny which three of the following constitute cardholder fraud? - ANSWER-paying for repairs of privately owned equipment, a cardholders unauthorized purchase of power tools for personal use, purchasing items or extra quantity of items for resale or to give away to relatives which two statements about managing accounts are true? - ANSWER-are used to roll up cardholder accounts, require a primary approving/billing official when using a governmentwide commercial purchase card, which of the following is a prohibited purchase - ANSWER-construction services over $2000 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-date on which the item/service was ordered, name of the requestor, total dollar value of the transaction