GLG 0010 Governmentwide Commercial
Purchase Card Overview Exam GRADE
A+ SOLUTIONS
What are three examples of abuse of the Governmentwide Commercial
Purchase Card?
-Splitting requirements to avoid card thresholds
-Violating a specific-use policy
-Exceeding the applicable micro-purchase threshold
wrong
Which three of the following constitute Cardholder fraud?
-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?
-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?
-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?
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.
True
Who is the individual responsible for ensuring the existence,
accuracy, and legality of information on a Managing Account Billing
Statement?
Approving/Billing Official
wrong
Authorized uses of the Governmentwide Commercial Purchase Card
include which three of the following?
, -Overseas purchases up to $25,000
-Payment against an existing contract
-Open-market micro-purchases
Frustrated freight may never reach the intended recipient.
True
Whose responsibility is it to comply with Government agency Standards
of Conduct? (Select the three that apply)
-Approving/Billing Officer
-Supervisor
-Agency/Organization Program Coordinator
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?
-At or below the micro-purchase threshold against Federal Supply
Schedule contracts, FedMall, or other ordering systems that are
authorized in Component procedures
-At or below the mirco-purchase threshold from any vendor
-Above or below the micro-purchase threshold against contract
vehicles issued for the Component by a Contracting Officer that
contain a provision authorizing order and payment by the
Governmentwide Commercial Purchase Card
wrong
At 90 days past due, what happens to all Cardholder accounts
associated with a Managing Account?
Automatically suspended
An unauthorized commitment is an agreement that is not binding solely
because the agreement involved a purchase amount above the micro-
purchase threshold.
False
Which two statements about Managing Accounts are true?
-Are used to roll up Cardholder accounts
-Require a Primary Approving/Billing Official
Cardholders may be granted authority to use their Governmentwide
Commercial Purchase Card accounts to make payments against contracts.
True
Which two of the following must be included in supporting
documentation for all Governmentwide Commercial Purchase Card
transactions?
-Receipt
-Invoice
Which of the Governmentwide Commercial Purchase Card Program's
mandatory oversight procedures involves the Approving/Billing
Purchase Card Overview Exam GRADE
A+ SOLUTIONS
What are three examples of abuse of the Governmentwide Commercial
Purchase Card?
-Splitting requirements to avoid card thresholds
-Violating a specific-use policy
-Exceeding the applicable micro-purchase threshold
wrong
Which three of the following constitute Cardholder fraud?
-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?
-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?
-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?
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.
True
Who is the individual responsible for ensuring the existence,
accuracy, and legality of information on a Managing Account Billing
Statement?
Approving/Billing Official
wrong
Authorized uses of the Governmentwide Commercial Purchase Card
include which three of the following?
, -Overseas purchases up to $25,000
-Payment against an existing contract
-Open-market micro-purchases
Frustrated freight may never reach the intended recipient.
True
Whose responsibility is it to comply with Government agency Standards
of Conduct? (Select the three that apply)
-Approving/Billing Officer
-Supervisor
-Agency/Organization Program Coordinator
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?
-At or below the micro-purchase threshold against Federal Supply
Schedule contracts, FedMall, or other ordering systems that are
authorized in Component procedures
-At or below the mirco-purchase threshold from any vendor
-Above or below the micro-purchase threshold against contract
vehicles issued for the Component by a Contracting Officer that
contain a provision authorizing order and payment by the
Governmentwide Commercial Purchase Card
wrong
At 90 days past due, what happens to all Cardholder accounts
associated with a Managing Account?
Automatically suspended
An unauthorized commitment is an agreement that is not binding solely
because the agreement involved a purchase amount above the micro-
purchase threshold.
False
Which two statements about Managing Accounts are true?
-Are used to roll up Cardholder accounts
-Require a Primary Approving/Billing Official
Cardholders may be granted authority to use their Governmentwide
Commercial Purchase Card accounts to make payments against contracts.
True
Which two of the following must be included in supporting
documentation for all Governmentwide Commercial Purchase Card
transactions?
-Receipt
-Invoice
Which of the Governmentwide Commercial Purchase Card Program's
mandatory oversight procedures involves the Approving/Billing
