Correct Answers Graded A+
Identify the benefits of using the travel card. - Answer Saves costs due to tax exemption status in select
states.
Provides financial readiness.
Eliminates the need for you to pay for official expenses.
Which of the following establishes command, supervisory, and personal responsibility for use of the
travel card - Answer DoDFMR (Volume 9 - Chapter 3)
Which of the following statements about an individually billed account (IBA) are true? - Answer •The
cardholder receives the billing statement directly from the travel card vendor at the address provided on
the card application and/or address on file with the travel card vendor.
•In order to obtain a travel card, an applicant needs to first apply for an IBA.
•It is the cardholder's responsibility to notify the APC and the travel card vendor of changes to contact
information.
Identify the situations in which a restricted card can be issued - Answer •An individual does not meet
the credit requirements for a standard card.
•The individual declines a credit check.
•The commanding officer, supervisor, or APC requests a restricted card be issued.
How many days past the billing statement date must an account be before the travel card vendor
cancels it and refers it for Salary Offset? - Answer 126 days
Patricia, a standard cardholder, uses her card for the first time and makes an airline ticket purchase for
$500. How much of her total credit limit remains? - Answer Patricia has a standard card, which has a
credit limit of $7500. Withdrawing $500 leaves a balance of $7000 ($7500 - $500) on the card
Identify the reasons for account cancellation. - Answer •Two checks returned due to insufficient funds in
a 12-month period