CLG 0010 Exam Spring 2022 Already Passed
who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? Correct Answer- approving/billing official what is the cardholder statement of account? Correct Answer- A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. cardholers who have been formally granted the appropriate authority in their letter of delegation may use the govermentwide commercial purchase card to make simplified aquisitions up to $25000 outside the united states and its jurisdictions. Correct Answer- true which three of the following describe the governmentwide commercial purchase card? Correct Answer- 1. used to make mission-essential purchases 2. similar in nature to a commercial credit card 3. reduced invoicing costs cardholders may be granted authority to use their governmentwide commercial purchase card accounts to make payments against contracts Correct Answer- true which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations"? Correct Answer- abuse what is the artificial intelligence data mining platform that automatically analyzes the dod's governmentwide commercial purchase card data to identify high-risk transactions? Correct Answerinsight on demand (iod) which three of the following statements about convenience checks are true? Correct Answer- the cardholder can dispute a convience check after payment has been made, convience checks must be secured in a locked container, funds must be available to cover the check value and the bank's processing fee
Document information
- Uploaded on
- February 20, 2024
- Number of pages
- 3
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers