CLG 0010 DoD Governmentwide Commercial Card Exam Question And Answers Verified 100% Correct |A Grade|.

CLG 0010 DoD Governmentwide Commercial Card Exam Question And Answers Verified 100% Correct |A Grade|. what are two advantages of the procurement integrated enterprise environment? - ANSWERS-Reduces DoD Operating costs Improves data quality and access Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? - ANSWERS-Supervisors Which of the following describe the Governmentwide commercial purchase card? - ANSWERS-Reduced invoicing costs Similar in nature to a commercial credit card used to make mission-essential purchases Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. - ANSWERS-False Which three of the following statements are true? - ANSWERS-Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments No Ordering officer may be appointed until they have received training commensurate with their delegated authority Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. When you get back to the office, you realize that the envelope size will not meet the requirement, so you return the item to the merchant. Which of the following are you authorized to accept? - ANSWERS-Credit to your cardholder account DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to (Select the three that apply) - ANSWERS-Avoid Pecuniary Liability-Correct Decrease penalties for faulty disputes avoid prompt payment interest Allow for maximum refunds- New ///// Frustrated freight may never reach the intended recipient - ANSWERS-True Which of the following is an appropriate circumstance for using a convenience check? - ANSWERS-A merchant does not accept payment by credit card The secretary of defense authorizes and increases in the micro-purchase threshold to 20,000 to support declared contingency operations in Afghanistan. Several Personnel in your office have been needing new laptops, so this is a good time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000 - ANSWERS-False DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to - ANSWERS-Avoid Prompt payment interests Decrease penalties for faulty disputes avoid pecuniary liability 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations - ANSWERS-True Which three of the following constitute cardholder fraud - ANSWERS-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 in step 12 of the governmentwide commercial purchase card program process, what are three Situations in which the acceptor must ensure written independent receipt and acceptance - ANSWERS-Purchase of accountable property Transactions where the governmentwide commercial purchase card is used as a method of payment Self Generated Cardholder Purchases-Correct In order to use the governmentwide Commercial Purchase card for simplified acquisitions up to $25,000 outside the united states and its jurisdictions, the cardholder, merchant, and supply delivery/service execution must all be outside the united states and its jurisdictions - ANSWERS-true Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? - ANSWERS-Interest penalties Automatic suspension of accounts Disruption to Government Purchases What are three advantages of using the governmentwide commercial purchase card? - ANSWERS-Gives DoD access to information about what its components buy Reduces dod invoicing costs Enables the government to earn refunds Which two statements about managing accounts are true - ANSWERS-Require a Primary Approving/billing Official Are used to roll up cardholder accounts-New Whos responsibility is it to comply with Government agency standards of conduct - ANSWERS-Agency/Organization Program Coordinator Approving/billing Officer Merchant What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check - ANSWERS-Determine when and where the card/checks were last seen////// What are three examples of misuse of the governmentwide commercial Purchase card? - ANSWERS-Purchasing office supplies for home use Failing to certify "Purchase Card Certification Statements" on time Violating a specific-Use Policy What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? - ANSWERS-Procurement Business intelligence service (PBIS) ///// When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase - ANSWERS-Construction services over $2,000 Which three of the following describe the Governmentwide Commercial Purchase Card? - ANSWERS-Reduced Invoicing Costs Used to make mission-Essential Purchases Similar in nature to a commercial credit card What is the Cardholder Statement of Account? - ANSWERS-A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle.