CLG 0010 Test Questions with All Correct Answers

CLG 0010 Test Questions with All Correct Answers What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? TO6 EO3 - ANSWER Notify all affected parties TO5 EO5 Frustrated frieght may never reach the intended recipient. - ANSWER True TO6 EO1 Which of the following is an agreement that is not bonding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the Government? - ANSWER Unathorized Commitment TO2 EO4 Failure to certify a Managing Account Billing Statement in a timely manner results in what three things? - ANSWER Disruption to Gov purchases; automatic suspension of accounts; interest penalties Which three of the following statements are true? TO5 EO3 - ANSWER Ordering officer appointments distinct from Government Commercial Purchase Card Cardholder appointments; Ordering officers are established to provide DOD components with the ability to make purchases.... ; No Ordering officer may be appointed until they have received training..... Which three of the following statements about convince checks are true? TO5 EO1 - ANSWER Funds must be available to cover the check value and the banks processing fee; the CH can request that the bank stop payment on a check; convenience checks must be secured in a locked container The GPC ________ used as the method of payment for commercial training using the SF182, valued at or below $25,000 in lieu of an employee reimbursement by miscellaneous payment. TO5 EO4 - ANSWER must be Which three of the following are CH considerations before purchase? TO3 EO2 - ANSWER Ensure adequate and appropriate funds are available; Determine if any special requirements or approvals are required; Check for availability from required sources Which three constitute CH fraud? TO6 EO2 - ANSWER A CH unauthorized purchase of power tools for personal use; paying for repairs of privately owned equipment; purchasing items or extra quantity of items for resale or to give away to relatives Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the GPC to make simplified acquisition ls up to $25000 outside the US and its jurisdictions. TO5 EO2 - ANSWER True Whose responsibility is it to comply with Government agency Standards of Conduct? Select 3 that apply TO6 EO4 - ANSWER Agency/Org program Coordinator; Approving/Billing officer; Supervisor What are three authorized uses of thr GPC? TO1 EO2 - ANSWER Open market micro-purchase; Contract payments; Ordering Officer purchases and payments