CLG 0010 Exam Questions And Answers Graded
A+
1. who is responsible for verifying proof of delivery for all governmentwide
commercial purchase card transactions during the monthly transaction review? -
ANSWER: approving/billing official
2. what is the cardholder statement of account? - ANSWER: A document
reflecting all purchases and credits that have been posted to the CH's account
during a 30-day billing cycle.
3. 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 $25000 outside the united states and its
jurisdictions. - ANSWER: true
4. which three of the following describe the governmentwide commercial purchase
card? - ANSWER: 1. used to make mission-essential purchases 2. similar in
nature to a commercial credit card 3. reduced invoicing costs
5. cardholders may be granted authority to use their governmentwide commercial
purchase card accounts to make payments against contracts - ANSWER: true
6. which of the following terms is defined as "the intentional use of the government-
issued charge card in violation of applicable regulations"? - ANSWER: abuse
7. what is the artificial intelligence data mining platform that automatically analyzes
the dud’s governmentwide commercial purchase card data to identify high-risk
transactions? - ANSWER: insight on demand (iod)
8. which three of the following statements about convenience checks are true? -
ANSWER: the cardholder can dispute a convenience check after payment has
been made, convenience checks must be secured in a locked container, funds
must be available to cover the check value and the bank's processing fee #$%^
9. cardholders who hold an ordering officer delegation must follow component &*()(*
procedures for order placement. these procedures will address requirements &^%$
related to which three of the following? - ANSWER: competition, public %^&*
notification, small business )(*&^
%$%^
10. splitting what would have been an $11000 purchase into two transactions, each
&*()(*
of which falls under the micro-purchase threshold, is: - ANSWER: appropriate
as long as the proper approvals have been obtained &^%$
%^&*
))(*&^
%$#$
%^&*
)(*&^
%$%^
&*()(*
&^%$
A+
1. who is responsible for verifying proof of delivery for all governmentwide
commercial purchase card transactions during the monthly transaction review? -
ANSWER: approving/billing official
2. what is the cardholder statement of account? - ANSWER: A document
reflecting all purchases and credits that have been posted to the CH's account
during a 30-day billing cycle.
3. 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 $25000 outside the united states and its
jurisdictions. - ANSWER: true
4. which three of the following describe the governmentwide commercial purchase
card? - ANSWER: 1. used to make mission-essential purchases 2. similar in
nature to a commercial credit card 3. reduced invoicing costs
5. cardholders may be granted authority to use their governmentwide commercial
purchase card accounts to make payments against contracts - ANSWER: true
6. which of the following terms is defined as "the intentional use of the government-
issued charge card in violation of applicable regulations"? - ANSWER: abuse
7. what is the artificial intelligence data mining platform that automatically analyzes
the dud’s governmentwide commercial purchase card data to identify high-risk
transactions? - ANSWER: insight on demand (iod)
8. which three of the following statements about convenience checks are true? -
ANSWER: the cardholder can dispute a convenience check after payment has
been made, convenience checks must be secured in a locked container, funds
must be available to cover the check value and the bank's processing fee #$%^
9. cardholders who hold an ordering officer delegation must follow component &*()(*
procedures for order placement. these procedures will address requirements &^%$
related to which three of the following? - ANSWER: competition, public %^&*
notification, small business )(*&^
%$%^
10. splitting what would have been an $11000 purchase into two transactions, each
&*()(*
of which falls under the micro-purchase threshold, is: - ANSWER: appropriate
as long as the proper approvals have been obtained &^%$
%^&*
))(*&^
%$#$
%^&*
)(*&^
%$%^
&*()(*
&^%$
