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GLG 0010 Governmentwide Commercial Purchase Card Overview Exam

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GLG 0010 Governmentwide Commercial Purchase Card Overview Exam 1. What are three examples of abuse of the Governmentwide Commercial Purchase Card? - ️ Splitting requirements to avoid card thresholds - ️ Violating a specific-use policy - ️ Exceeding the applicable micro-purchase threshold (if you initially received feedback that one of these is incorrect, it may have been due to the specific context; generally, these are considered abuses). 2. Which three of the following constitute Cardholder fraud? - ️ A Cardholder's unauthorized purchase of power tools for personal use - ️ Purchasing items or extra quantity of items for resale or to give away to relatives - ️ Paying for repairs of privately owned equipment. 3. Which three of the following describe the Governmentwide Commercial Purchase Card? - ️ Reduced invoicing costs - ️ Similar in nature to a commercial credit card - ️ Used to make mission-essential purchases. 4. What are two advantages of the Procurement Integrated Enterprise Environment? - ️ Reduces DoD operating costs - ️ Improves data quality and access. 5. What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check? - ️ Determine when and where the card/checks were last used (though this may be the procedure, the immediate action often is to notify the issuing bank). 6. 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. - ️ True. 7. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? - Approving/Billing Official (while the A/BO has responsibility, in some contexts, the Certifying Officer holds primary responsibility for authorized procurement actions). 8. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? - ️ Overseas purchases up to $25,000 - ️ Payment against an existing contract - ️ Open-market micro-purchases. 9. Frustrated freight may never reach the intended recipient

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GLG 0010 Governmentwide Commercial Purchase Card
Overview Exam

1. What are three examples of abuse of the Governmentwide Commercial Purchase Card?

- ✔️ Splitting requirements to avoid card thresholds

- ✔️ Violating a specific-use policy

- ✔️ Exceeding the applicable micro-purchase threshold (if you initially received feedback that one of
these is incorrect, it may have been due to the specific context; generally, these are considered abuses).



2. Which three of the following constitute Cardholder fraud?

- ✔️ A Cardholder's unauthorized purchase of power tools for personal use

- ✔️ Purchasing items or extra quantity of items for resale or to give away to relatives

- ✔️ Paying for repairs of privately owned equipment.



3. Which three of the following describe the Governmentwide Commercial Purchase Card?

- ✔️ Reduced invoicing costs

- ✔️ Similar in nature to a commercial credit card

- ✔️ Used to make mission-essential purchases.



4. What are two advantages of the Procurement Integrated Enterprise Environment?

- ✔️ Reduces DoD operating costs

- ✔️ Improves data quality and access.



5. What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check?

- ✔️ Determine when and where the card/checks were last used (though this may be the procedure,
the immediate action often is to notify the issuing bank).

, 6. 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.

- ✔️ True.



7. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a
Managing Account Billing Statement?

- ❌ Approving/Billing Official (while the A/BO has responsibility, in some contexts, the Certifying
Officer holds primary responsibility for authorized procurement actions).



8. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the
following?

- ✔️ Overseas purchases up to $25,000

- ✔️ Payment against an existing contract

- ✔️ Open-market micro-purchases.



9. Frustrated freight may never reach the intended recipient.

- ✔️ True.



10. Whose responsibility is it to comply with Government agency Standards of Conduct? (Select the
three that apply)

- ✔️ Approving/Billing Officer

- ✔️ Supervisor

- ✔️ Agency/Organization Program Coordinator.



11. Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering
Officers to make purchases up to the simplified acquisition threshold in which three of the following
cases?

- ✔️ At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall,
or other ordering systems that are authorized in Component procedures

- ✔️ At or below the micro-purchase threshold from any vendor

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