GLG 0010 Governmentwide Commercial Purchase Card Overview
Exam Test Questions with Answers Graded A+
What are three examples of abuse of the jurisdictions. - ANSWER -True
Governmentwide Commercial Purchase Card? -
ANSWER --Splitting requirements to avoid
card thresholds Who is the individual responsible for ensuring the
-Violating a specific-use policy existence, accuracy, and legality of information
-Exceeding the applicable micro-purchase on a Managing Account Billing Statement? -
threshold ANSWER -Approving/Billing Official
wrong wrong
Which three of the following constitute Authorized uses of the Governmentwide
Cardholder fraud? - ANSWER --A Commercial Purchase Card include which three
Cardholder's unauthorized purchase of power of the following? - ANSWER --Overseas
tools for personal use purchases up to $25,000
-Purchasing items or extra quantity of items for -Payment against an existing contract
resale or to give away to relatives -Open-market micro-purchases
-Paying for repairs of privately owned equipment
Frustrated freight may never reach the intended
Which three of the following describe the recipient. - ANSWER -True
Governmentwide Commercial Purchase Card? -
ANSWER --Reduced invoicing costs
-Similar in nature to a commercial credit card Whose responsibility is it to comply with
-Used to make mission-essential purchases Government agency Standards of Conduct?
(Select the three that apply) - ANSWER --
Approving/Billing Officer
What are two advantages of the Procurement -Supervisor
Integrated Enterprise Environment? - -Agency/Organization Program Coordinator
ANSWER --Reduces DoD operating costs
-Improves data quality and access
Component procedures may authorize DoD
Governmentwide Commercial Purchase Card
What is the first step to follow when a Cardholder Ordering Officers to make purchases up to the
becomes aware of a lost or stolen card or check? simplified acquisition threshold in which three of
- ANSWER -Determine when and where the following cases? - ANSWER --At or
the card/checks were last used below the micro-purchase threshold against
wrong Federal Supply Schedule contracts, FedMall, or
other ordering systems that are authorized in
Component procedures
Cardholders who have been formally granted the -At or below the mirco-purchase threshold from
appropriate authority in their Letter of Delegation any vendor
may use the Governmentwide Commercial -Above or below the micro-purchase threshold
Purchase Card to make simplified acquisitions up against contract vehicles issued for the
to $25,000 outside the United States and its Component by a Contracting Officer that contain
1/5
, GLG 0010 Governmentwide Commercial Purchase Card Overview
Exam Test Questions with Answers Graded A+
a provision authorizing order and payment by the
Governmentwide Commercial Purchase Card How long does Foreign Military Sales
wrong documentation have to be retained following case
closure? - ANSWER -10 years
At 90 days past due, what happens to all
Cardholder accounts associated with a You receive a request to purchase construction
Managing Account? - ANSWER - services. After obtaining all necessary approvals,
Automatically suspended you call the construction company, which advises
you that the cost for its services will total $2,400.
You agree to make the purchase, and the
An unauthorized commitment is an agreement construction company accepts your
that is not binding solely because the agreement Governmentwide Commercial Purchase Card as
involved a purchase amount above the micro- the method of purchase. What did you do wrong?
purchase threshold. - ANSWER -False - ANSWER -You made a purchase for
construction with the Governmentwide
Commercial Purchase Card that exceeded
Which two statements about Managing Accounts $2,000
are true? - ANSWER --Are used to roll up
Cardholder accounts
-Require a Primary Approving/Billing Official A best practice calls for the Cardholder to
reconcile transactions in the Statement of
Account within how many days of the billing cycle
Cardholders may be granted authority to use end date? - ANSWER -15
their Governmentwide Commercial Purchase wrong
Card accounts to make payments against
contracts. - ANSWER -True
Which three of the following statements about
convenience checks are true? - ANSWER --
Which two of the following must be included in Convenience checks must be secure in a locked
supporting documentation for all container
Governmentwide Commercial Purchase Card -The Cardholder can request that the bank "stop
transactions? - ANSWER --Receipt payment" on a check
-Invoice -Funds must be available to cover the check
value and the bank's processing fee
Which of the Governmentwide Commercial
Purchase Card Program's mandatory oversight 10 United States Code 2784 requires specific
procedures involves the Approving/Billing Official corrective actions for Governmentwide
documenting findings and disciplinary category Commercial Purchase Card Program violations. -
determinations? - ANSWER -Semi-Annual ANSWER -False
Head of Activity Reviews
wrong
Once you establish a good working relationship
2/5
Exam Test Questions with Answers Graded A+
What are three examples of abuse of the jurisdictions. - ANSWER -True
Governmentwide Commercial Purchase Card? -
ANSWER --Splitting requirements to avoid
card thresholds Who is the individual responsible for ensuring the
-Violating a specific-use policy existence, accuracy, and legality of information
-Exceeding the applicable micro-purchase on a Managing Account Billing Statement? -
threshold ANSWER -Approving/Billing Official
wrong wrong
Which three of the following constitute Authorized uses of the Governmentwide
Cardholder fraud? - ANSWER --A Commercial Purchase Card include which three
Cardholder's unauthorized purchase of power of the following? - ANSWER --Overseas
tools for personal use purchases up to $25,000
-Purchasing items or extra quantity of items for -Payment against an existing contract
resale or to give away to relatives -Open-market micro-purchases
-Paying for repairs of privately owned equipment
Frustrated freight may never reach the intended
Which three of the following describe the recipient. - ANSWER -True
Governmentwide Commercial Purchase Card? -
ANSWER --Reduced invoicing costs
-Similar in nature to a commercial credit card Whose responsibility is it to comply with
-Used to make mission-essential purchases Government agency Standards of Conduct?
(Select the three that apply) - ANSWER --
Approving/Billing Officer
What are two advantages of the Procurement -Supervisor
Integrated Enterprise Environment? - -Agency/Organization Program Coordinator
ANSWER --Reduces DoD operating costs
-Improves data quality and access
Component procedures may authorize DoD
Governmentwide Commercial Purchase Card
What is the first step to follow when a Cardholder Ordering Officers to make purchases up to the
becomes aware of a lost or stolen card or check? simplified acquisition threshold in which three of
- ANSWER -Determine when and where the following cases? - ANSWER --At or
the card/checks were last used below the micro-purchase threshold against
wrong Federal Supply Schedule contracts, FedMall, or
other ordering systems that are authorized in
Component procedures
Cardholders who have been formally granted the -At or below the mirco-purchase threshold from
appropriate authority in their Letter of Delegation any vendor
may use the Governmentwide Commercial -Above or below the micro-purchase threshold
Purchase Card to make simplified acquisitions up against contract vehicles issued for the
to $25,000 outside the United States and its Component by a Contracting Officer that contain
1/5
, GLG 0010 Governmentwide Commercial Purchase Card Overview
Exam Test Questions with Answers Graded A+
a provision authorizing order and payment by the
Governmentwide Commercial Purchase Card How long does Foreign Military Sales
wrong documentation have to be retained following case
closure? - ANSWER -10 years
At 90 days past due, what happens to all
Cardholder accounts associated with a You receive a request to purchase construction
Managing Account? - ANSWER - services. After obtaining all necessary approvals,
Automatically suspended you call the construction company, which advises
you that the cost for its services will total $2,400.
You agree to make the purchase, and the
An unauthorized commitment is an agreement construction company accepts your
that is not binding solely because the agreement Governmentwide Commercial Purchase Card as
involved a purchase amount above the micro- the method of purchase. What did you do wrong?
purchase threshold. - ANSWER -False - ANSWER -You made a purchase for
construction with the Governmentwide
Commercial Purchase Card that exceeded
Which two statements about Managing Accounts $2,000
are true? - ANSWER --Are used to roll up
Cardholder accounts
-Require a Primary Approving/Billing Official A best practice calls for the Cardholder to
reconcile transactions in the Statement of
Account within how many days of the billing cycle
Cardholders may be granted authority to use end date? - ANSWER -15
their Governmentwide Commercial Purchase wrong
Card accounts to make payments against
contracts. - ANSWER -True
Which three of the following statements about
convenience checks are true? - ANSWER --
Which two of the following must be included in Convenience checks must be secure in a locked
supporting documentation for all container
Governmentwide Commercial Purchase Card -The Cardholder can request that the bank "stop
transactions? - ANSWER --Receipt payment" on a check
-Invoice -Funds must be available to cover the check
value and the bank's processing fee
Which of the Governmentwide Commercial
Purchase Card Program's mandatory oversight 10 United States Code 2784 requires specific
procedures involves the Approving/Billing Official corrective actions for Governmentwide
documenting findings and disciplinary category Commercial Purchase Card Program violations. -
determinations? - ANSWER -Semi-Annual ANSWER -False
Head of Activity Reviews
wrong
Once you establish a good working relationship
2/5
