CLG 0010 EXAM PREP TEST BANK
VERIFIED QUESTIONS AND CORRECT
ANSWERS
●● Which three of the following constitute Cardholder fraud?
Answer: -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
●● Which three of the following describe the Governmentwide
Commercial Purchase Card?
Answer: -Reduced invoicing costs
-Similar in nature to a commercial credit card
-Used to make mission-essential purchases
●● What are two advantages of the Procurement Integrated Enterprise
Environment?
Answer: -Reduces DoD operating costs
-Improves data quality and access
, ●● What is the first step to follow when a Cardholder becomes aware of
a lost or stolen card or check?
Answer: Determine when and where the card/checks were last used
wrong
●● 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.
Answer: True
●● Who is the individual responsible for ensuring the existence,
accuracy, and legality of information on a Managing Account Billing
Statement?
Answer: Approving/Billing Official
wrong
●● Authorized uses of the Governmentwide Commercial Purchase Card
include which three of the following?
Answer: -Overseas purchases up to $25,000
-Payment against an existing contract
-Open-market micro-purchases
●● Frustrated freight may never reach the intended recipient.
VERIFIED QUESTIONS AND CORRECT
ANSWERS
●● Which three of the following constitute Cardholder fraud?
Answer: -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
●● Which three of the following describe the Governmentwide
Commercial Purchase Card?
Answer: -Reduced invoicing costs
-Similar in nature to a commercial credit card
-Used to make mission-essential purchases
●● What are two advantages of the Procurement Integrated Enterprise
Environment?
Answer: -Reduces DoD operating costs
-Improves data quality and access
, ●● What is the first step to follow when a Cardholder becomes aware of
a lost or stolen card or check?
Answer: Determine when and where the card/checks were last used
wrong
●● 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.
Answer: True
●● Who is the individual responsible for ensuring the existence,
accuracy, and legality of information on a Managing Account Billing
Statement?
Answer: Approving/Billing Official
wrong
●● Authorized uses of the Governmentwide Commercial Purchase Card
include which three of the following?
Answer: -Overseas purchases up to $25,000
-Payment against an existing contract
-Open-market micro-purchases
●● Frustrated freight may never reach the intended recipient.
