CLG 0010 DoD Governmentwide Commercial Purchase
Card Overview comprehensive Questions and Answers
with 100% Correct Answers | Latest Version
Question 1.
Which advantage is associated with the use of the Governmentwide Commercial Purchase
Card?
Correct Answer: Reduces invoicing costs for DoD
Question 2.
Which of the following information must be included on receipts?
Correct Answer: Date of purchase Name of merchant
Question 3.
Which of the following is an appropriate circumstance for using a convenience check?
Correct Answer: A merchant does not accept payment by credit card
Question 4.
You receive a request to purchase construction services. After obtaining all necessary
approvals, you call the construction company, which advises you that the costs for its
services will total $ 2,4000. you agree to make the purchase, and the construction company
accepts your Governmentwide Commercial Purchase Card as the method of purchase.
What did you do wrong?
Correct Answer: You made a purchase for construction with the Governmentwide
Commercial Purchase Card that exceeded $2000
Question 5.
What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or
check?
Correct Answer: Notify all affected parties
Question 6.
What is the purpose of the Daily Data Mining (DM) Case Review?
Correct Answer: To detect and prevent improper purchases
Question 7.
How many Cardholder accounts may be rolled up under a Managing Account?
Correct Answer: Seven
, Question 8.
When using a Governmentwide Commercial Purchase card, which of the following is a
prohibited purchase?
Correct Answer: Construction services over $2000
Question 9.
Which of the following actions will be taken for failure to certify a Managing Account (MA)
Billing Statement within 90 days of the billing cycle end date?
Correct Answer: Automatic suspension of all Cardholder (CH) accounts
Question 10.
splitting what would have been an $11000 purchase into two transactions, each of which
falls under the micro-purchase threshold, is:
Correct Answer: appropriate as long as the proper approvals have been obtained
Question 11.
Suspected ethics violations should be reported to:
Correct Answer: The Supervisor
Question 12.
Who is responsible for verifying proof of delivery for all Governmentwide Commercial
Purchase card transactions during the monthly transaction review?
Correct Answer: Approving/ Billing Official (A/BO)
Question 13.
What is Mastercard Insight on Demand (IOD) in relation to Governmentwide Commercial
Purchase Cards?
Correct Answer: An artificial intelligence data mining platform that automatically
analyzes the DoD's GPC data to identify high-risk transactions
Question 14.
Prior to certifying the managing account billing statement for contact payment by
Governmentwide Commercial Purchase Card, the approving/ Billing Official must do which
one of the following?
Correct Answer: Review and ensure all Cardholder supporting documentation
supports the payment
Card Overview comprehensive Questions and Answers
with 100% Correct Answers | Latest Version
Question 1.
Which advantage is associated with the use of the Governmentwide Commercial Purchase
Card?
Correct Answer: Reduces invoicing costs for DoD
Question 2.
Which of the following information must be included on receipts?
Correct Answer: Date of purchase Name of merchant
Question 3.
Which of the following is an appropriate circumstance for using a convenience check?
Correct Answer: A merchant does not accept payment by credit card
Question 4.
You receive a request to purchase construction services. After obtaining all necessary
approvals, you call the construction company, which advises you that the costs for its
services will total $ 2,4000. you agree to make the purchase, and the construction company
accepts your Governmentwide Commercial Purchase Card as the method of purchase.
What did you do wrong?
Correct Answer: You made a purchase for construction with the Governmentwide
Commercial Purchase Card that exceeded $2000
Question 5.
What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or
check?
Correct Answer: Notify all affected parties
Question 6.
What is the purpose of the Daily Data Mining (DM) Case Review?
Correct Answer: To detect and prevent improper purchases
Question 7.
How many Cardholder accounts may be rolled up under a Managing Account?
Correct Answer: Seven
, Question 8.
When using a Governmentwide Commercial Purchase card, which of the following is a
prohibited purchase?
Correct Answer: Construction services over $2000
Question 9.
Which of the following actions will be taken for failure to certify a Managing Account (MA)
Billing Statement within 90 days of the billing cycle end date?
Correct Answer: Automatic suspension of all Cardholder (CH) accounts
Question 10.
splitting what would have been an $11000 purchase into two transactions, each of which
falls under the micro-purchase threshold, is:
Correct Answer: appropriate as long as the proper approvals have been obtained
Question 11.
Suspected ethics violations should be reported to:
Correct Answer: The Supervisor
Question 12.
Who is responsible for verifying proof of delivery for all Governmentwide Commercial
Purchase card transactions during the monthly transaction review?
Correct Answer: Approving/ Billing Official (A/BO)
Question 13.
What is Mastercard Insight on Demand (IOD) in relation to Governmentwide Commercial
Purchase Cards?
Correct Answer: An artificial intelligence data mining platform that automatically
analyzes the DoD's GPC data to identify high-risk transactions
Question 14.
Prior to certifying the managing account billing statement for contact payment by
Governmentwide Commercial Purchase Card, the approving/ Billing Official must do which
one of the following?
Correct Answer: Review and ensure all Cardholder supporting documentation
supports the payment
