CLG 001 CLG 001 EXAM QUESTION AND ANSWERS 100% CORRECT

A best practice calls for the CH to reconcile transactions in the Statement of Account within how many days of the billing cycle? A. 3 2. A best practice is for the CH to reconcile and approve the information in his or her SA within how many days of the end of the monthly billing cycle? a. 15 days (WRONG) b. 30 days (wrong) c. 3 days d. None 3. Which of the following statements is false? a. Only DOD contractors may be appointed as Ordering Officers 4. Which of the following is a CH responsibility in the GPC program? a. Recon monthly SA 5. You receive a request to purchase construction services. After obtaining all necessary approval totaling $2400 a. You made a construction purchase above $2000 6. Which is NOT an advantage of using GPC? a. Empowers a single individual to handle all aspects of the purchasing process3 7. Govt Charge Card Abuse