CLG 0010 DoD Governmentwide Commercial Card Exam Latest Updates 2023 Question And Answers A Grade.

CLG 0010 DoD Governmentwide Commercial Card Exam Latest Updates 2023 Question And Answers A Grade. 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? - ANSWERS-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 - ANSWERS-6 Years and 3 Months //////// 8Years//// 6 Years////// 10 Years An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. - ANSWERS-False Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? - ANSWERS-Receipt Invoice Which three of the following are cardholder considerations before purchase? - ANSWERS-Obtain Approval from the Agency/Organization Program Coordinator Ensure adequate and appropriate funds are available-Correct Determine if any special requirements or approvals are required.-Correct Check for availability from required sources-Correct /////////// What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. - ANSWERSInternal Fraud Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: - ANSWERS-Strictly Prohibited Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? - ANSWERS-Frustrated Freight Whose Responsibility is it to comply with government agency standards of conduct? (Select the three that apply) - ANSWERS-Supervisor Approving/Billing officer Agency/Organization Program Coordinator The Governmentwide commercial Purchase card ______ used as the method of payment for commercial training requests using the SF-182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment. - ANSWERS-Must be According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? - ANSWERS-Recovery of costs from governmentwide commercial Purchase Card officials Increased data surveillance Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWERS-Increased Scrutiny In step 10 of the governmentwide commercial purchase card program, what are three pieces of information that should be included in the cardholder purchase log - ANSWERS-Name of the requestor Total Dollar Value of the transaction Date on which the item/service was ordered How many cardholder accounts may be rolled up under a managing account? - ANSWERS-Nine ///// Five///// Which three of the following are advantages of using the Governmentwide commercial purchase card? - ANSWERS-Increased information Quicker Payment Increased Funding ///////////// What are three authorized uses of the Governmentwide Commercial Purchase Card? - ANSWERS-Open-Market Micro-Purchases Ordering officer purchases and payments Contract payment Commercial Training requirements using the SF-182-New 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? - ANSWERS-At or below the micro-purchase Threshold from any vendor-Correct At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. ///- This one is correct/ Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles //// What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions - ANSWERS-Insight on Demand (IOD) What are three examples of abuse of the Governmentwide Commercial Purchase Card? - ANSWERS-Violating a specific-use Policy Exceeding the applicable micro-purchase Threshold Splitting requirements to avid card thresholds 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? - ANSWERS-90 Days