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Exam (elaborations)

GPC Approving Official Test 100% Correct!

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GPC refresher training must be taken - ANSWERS(A) Once a year NO (B) Twice a year (*C*) Every two years (D) Every three years 7 - ANSWERSPer span of control policy, the maximum number of Cardholder accounts an AO may oversee is Credit balance - ANSWERSoccurs when the amount credited to an AO account exceeds the amount billed by the bank Which of the following transactions may not be disputed through the bank? - ANSWERS(A) Returned or canceled merchandise with no credit received (B) Invoice amount discrepancies (C) Duplicate billings and non-receipt of merchandise (*D*) Convenience Check transactions (T/F) A/OPC to AO and Cardholder accounts are not to exceed 1:300 - ANSWERSTRUE Approving Official authority is documented in a ___________ - ANSWERS(A) Certificate of Appointment (B) Appointment/Termination Record (DD Form 577) (*C*) Letter of Appoitment (D) Letter of Delegation (NO)

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GPC Approving Official
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GPC Approving Official

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Uploaded on
November 3, 2024
Number of pages
4
Written in
2024/2025
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GPC Approving Official Test 100%
Correct!

GPC refresher training must be taken - ANSWERS(A) Once a year NO

(B) Twice a year

(*C*) Every two years

(D) Every three years



7 - ANSWERSPer span of control policy, the maximum number of Cardholder accounts an AO may
oversee is



Credit balance - ANSWERSoccurs when the amount credited to an AO account exceeds the amount billed
by the bank



Which of the following transactions may not be disputed through the bank? - ANSWERS(A) Returned or
canceled merchandise with no credit received

(B) Invoice amount discrepancies

(C) Duplicate billings and non-receipt of merchandise

(*D*) Convenience Check transactions



(T/F) A/OPC to AO and Cardholder accounts are not to exceed 1:300 - ANSWERSTRUE



Approving Official authority is documented in a ___________ - ANSWERS(A) Certificate of Appointment

(B) Appointment/Termination Record (DD Form 577)

(*C*) Letter of Appoitment

(D) Letter of Delegation (NO)

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