GLG 0010 GOVERNMENTWIDE COMMERCIAL
PURCHASE CARD OVERVIEW EXAM
QUESTIONS AND ANSWERS WELL
1. What are three examples of abuse of the Governmentwide Commercial
Purchase Card? ANS >>> -Splitting requirements to avoid card thresholds
-Violating a specific-use policy
-Exceeding the applicable micro-purchase threshold
wrong
2. Which three of the following constitute Cardholder fraud? ANS >>> -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
3. Which three of the following describe the Governmentwide Commercial
Purchase Card? ANS >>> -Reduced invoicing costs
https://www.stuvia.com/user/CULTIVATED 1/9
, -Similar in nature to a commercial credit card
-Used to make mission-essential purchases
4. What are two advantages of the Procurement Integrated Enterprise Environ-
ment? ANS >>> -Reduces DoD operating costs
-Improves data quality and access
5. What is the first step to follow when a Cardholder becomes aware of a lost
or stolen card or check? ANS >>> Determine when and where the card/checks
were last used
wrong
6. 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. ANS >>> True
7. Who is the individual responsible for ensuring the existence, accuracy, and
legality of information on a Managing Account Billing Statement? ANS >>>
Approv- ing/Billing Official
wrong
8. Authorized uses of the Governmentwide Commercial Purchase Card in-
clude which three of the following? ANS >>> -Overseas purchases up to
$25,000
-Payment against an existing contract
-Open-market micro-purchases
9. Frustrated freight may never reach the intended recipient. ANS >>> True
10. Whose responsibility is it to comply with Government agency Standards
of Conduct? (Select the three that apply) ANS >>> -Approving/Billing Officer
-Supervisor
https://www.stuvia.com/user/CULTIVATED 2/9
PURCHASE CARD OVERVIEW EXAM
QUESTIONS AND ANSWERS WELL
1. What are three examples of abuse of the Governmentwide Commercial
Purchase Card? ANS >>> -Splitting requirements to avoid card thresholds
-Violating a specific-use policy
-Exceeding the applicable micro-purchase threshold
wrong
2. Which three of the following constitute Cardholder fraud? ANS >>> -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
3. Which three of the following describe the Governmentwide Commercial
Purchase Card? ANS >>> -Reduced invoicing costs
https://www.stuvia.com/user/CULTIVATED 1/9
, -Similar in nature to a commercial credit card
-Used to make mission-essential purchases
4. What are two advantages of the Procurement Integrated Enterprise Environ-
ment? ANS >>> -Reduces DoD operating costs
-Improves data quality and access
5. What is the first step to follow when a Cardholder becomes aware of a lost
or stolen card or check? ANS >>> Determine when and where the card/checks
were last used
wrong
6. 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. ANS >>> True
7. Who is the individual responsible for ensuring the existence, accuracy, and
legality of information on a Managing Account Billing Statement? ANS >>>
Approv- ing/Billing Official
wrong
8. Authorized uses of the Governmentwide Commercial Purchase Card in-
clude which three of the following? ANS >>> -Overseas purchases up to
$25,000
-Payment against an existing contract
-Open-market micro-purchases
9. Frustrated freight may never reach the intended recipient. ANS >>> True
10. Whose responsibility is it to comply with Government agency Standards
of Conduct? (Select the three that apply) ANS >>> -Approving/Billing Officer
-Supervisor
https://www.stuvia.com/user/CULTIVATED 2/9
