CLG 001 DOD GOVERNMENT COMMERCIAL
PURCHASE CARD OVERVIEW EXAM QEUSTIONS
WITH ALL CORRECT ANSWERS.
1. In order to use the GPC for simplified accusations up to $25,000 outside the
United States and its jurisdictions, the card holder, merchant, and supply/de-
livery acquisition must be outside the United States and its jurisdictions: True
2. Executive orders 12674 and 12731 for the foundational policy on ethical
conduct a federal employees. All of the following are violations of these
executive orders except:: Making authorized commitments
3. Which of the following to find WASTE with regard to the Government Travel
Card Abuse Prevention Act?: It is defined as "to use or expend carelessly, extrav-
agantly, or for no beneficial purpose"
4. The term FRAUD includes unauthorized actions by both card holders in
merchant's.: True
5. Which of the following is the term for shipment of supplies or equipment
that is delayed on the transportation chain will not move in to our problems
are resolved?: Frustrated Freight
6. Penalties prescribed for employee misuse of purchase cards or conve-
nience check include dismissal of the employee.: False
7. A best practice calls for the card holder to reconcile transactions in the
statement of account within how many days of the billing cycle end date?: 15
8. Which of the following is NOT an advantage of using the GPC?: Increased
Funding.
9. Which of the following is not a cardholder responsibility in the GPC pro-
gram?: Terminate the GPC account.
10. The secretary defense authorize an increase in the micro purchase thresh-
old 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 the price of $10,000.: False
11. How long does foreign military sales documentation have to be retained
following case closure?: 10 years
12. Which of the following is an agreement that is not binding solely because
the government representative who made it lacked the authority to enter into
that agreement on behalf of the government?: All of these
1 H/ H
5
, 13. Which of the following must be included in supporting documentation for
all GPC transactions?: All of these
14. If transactions not made by the cardholder appear on the statement of
account, the card holder she disputing with the card issuing bank within how
many days a transaction date?: 30 days
15. Which of the following is an appropriate circumstance for using a conve-
H H H H
nience check?: A purchase exceeds the micro purchase threshold.
H H H H H H H H H
2 H/ H
5
PURCHASE CARD OVERVIEW EXAM QEUSTIONS
WITH ALL CORRECT ANSWERS.
1. In order to use the GPC for simplified accusations up to $25,000 outside the
United States and its jurisdictions, the card holder, merchant, and supply/de-
livery acquisition must be outside the United States and its jurisdictions: True
2. Executive orders 12674 and 12731 for the foundational policy on ethical
conduct a federal employees. All of the following are violations of these
executive orders except:: Making authorized commitments
3. Which of the following to find WASTE with regard to the Government Travel
Card Abuse Prevention Act?: It is defined as "to use or expend carelessly, extrav-
agantly, or for no beneficial purpose"
4. The term FRAUD includes unauthorized actions by both card holders in
merchant's.: True
5. Which of the following is the term for shipment of supplies or equipment
that is delayed on the transportation chain will not move in to our problems
are resolved?: Frustrated Freight
6. Penalties prescribed for employee misuse of purchase cards or conve-
nience check include dismissal of the employee.: False
7. A best practice calls for the card holder to reconcile transactions in the
statement of account within how many days of the billing cycle end date?: 15
8. Which of the following is NOT an advantage of using the GPC?: Increased
Funding.
9. Which of the following is not a cardholder responsibility in the GPC pro-
gram?: Terminate the GPC account.
10. The secretary defense authorize an increase in the micro purchase thresh-
old 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 the price of $10,000.: False
11. How long does foreign military sales documentation have to be retained
following case closure?: 10 years
12. Which of the following is an agreement that is not binding solely because
the government representative who made it lacked the authority to enter into
that agreement on behalf of the government?: All of these
1 H/ H
5
, 13. Which of the following must be included in supporting documentation for
all GPC transactions?: All of these
14. If transactions not made by the cardholder appear on the statement of
account, the card holder she disputing with the card issuing bank within how
many days a transaction date?: 30 days
15. Which of the following is an appropriate circumstance for using a conve-
H H H H
nience check?: A purchase exceeds the micro purchase threshold.
H H H H H H H H H
2 H/ H
5
