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Exam (elaborations)

CLG 0010 DoD Governmentwide Commercial Purchase Card (Guaranteed A+)

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Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? correct answers Abuse Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? correct answers Quicker Payments Increased Funding Increased Information Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? correct answers Certifying Officer What are two advantages of the Procurement Integrated Enterprise Environment? correct answers ??? Improves Data Quality and Access Reduces DoD Operating Costs When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase correct answers Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. correct answers False Authorized uses of the Governmentwide Commercial Purchase Card include: correct answers Ordering Officer purchases and payments Commercial training requirements using the SF-182 Existing Government contracts Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? correct answers a. Interest penaltiesb. Automatic suspension of accountsc. Disruption to Government purchases what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? correct answers ??? Determine when and where the card/checks were last used. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions correct answers True

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CLG 0010 DoD Governmentwide Commercial Purchase
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CLG 0010 DoD Governmentwide Commercial Purchase








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CLG 0010 DoD Governmentwide Commercial Purchase

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