CLG 001

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a comput...

CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100%

CLG 001 DoD Govenmentwide Commercial Purchase Card Overview Exam-with 100% verified solutions

What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? : Internal Fraud If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? : 90 Which of the following is an agreement that is not binding solely because the Government representative who made it lacked ...

CLG 001 DoD Government Commercial Purchase Card Overview Exam | Questions with 100% Correct Answers | Latest Update | Verified

CLG 001 DoD Government Commercial Purchase Card Overview Exam | Questions with 100% Correct Answers | Latest Update | Verified

Agency/Organization Program Coordinator (A/OPC) : Manages and oversees CH and Managing Accounts Approving/Billing Official (A/BO) : Reviews and approves GPC Managing Account Invoices and transaction supporting data for compliance Certifying Officer : Reviews Managing Account invoices in accordance with DoD Financial Management Regulation (DoD FMR) requirements Resource Manager (RM) : Provides appropriate GPC account funding Cardholder (CH) : Is issued a GPC cardholder account 2 | P...

What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? : Internal Fraud If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? : 90 Which of the following is an agreement that is not binding solely because the Government representative who made it lacked ...

Authorized uses of the Governmentwide Commercial Purchase Card include (select three) : Existing Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated Enterprise Environment? : Reduces DoD operating costs Improved data quality and access An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchas...

Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? : Daily Data Mining Case Reviews ////// Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained following a case closure : 6 Years and 3 Months //////// 8Years//// 6 Years///...