CLG 0010 Questions And Answers 100% Correct(GRADED A+)

Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? - ANSWERS#Increased information #Quicker payments #Earn refunds 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? - ANSWERSConduct Daily Data Mining (OM) Case Reviews to prevent and identify improper purchases. • Complete a questionnaire and document findings and disciplinary category determinations (if any) associated with any initiated cases for transactions identified by JOO as being at risk for noncompliance. • Ensure a OM case is initiated for each of their findings and disciplinary category determinations. • Identify additional transactions for review, at their discretion, using IOD. How many Cardholder accounts may be rolled up under a Managing Account? - ANSWERSThe A/BO is responsible for: Reviewing, approving, or disapproving transactions for up to seven GPC Cardholder accounts Which three of the following are cardholder considerations before purchase? - ANSWERS#Ensure adequate and appropriate funding are available #Determine if any special requirements or approvals are required #Check for availability from required sources Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWERS#Suspension after 180 days #Suject to increased scrutiny What must the Cardholder do to become qualified to make Governmentwide Commercial Purchase Card purchases up to $25,000 outside of the United States and its jurisdictions? - ANSWERSCHs must receive a formal written delegation of procurement authority and training commensurate with the responsibility delegated to them prior to using the GPC for any of the following GPC authorized uses: • Op