c. conductive hearing loss The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Explain. - ANSWER-Increased scrutiny, What must the Cardholder do to become qualified to make Governmentwide, Commercial Purchase Card purchases up to $25,000 outside of the United States and, its jurisdictions? CLG 001 DoD Government Commercial Purchase Card. Recovery of costs from governmentwide commercial Purchase Card officials Wat are three examples of abuse of the Government Commercial Purchase Card? payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? a. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? Campbell Incorporated reported the following information in their consolidated income statement for the years ended December 31, 2012 and 2013: 20132012Netincome(inthousands)$1,456,091$1,200,472Weightedaveragenumberofsharesoutstanding(inthousands)Basic702,987687,910Diluted713,456699,012\begin{array}{lrr} The firm recently paid a dividend of $3 per share. certificate that costs $25. What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. through 2021. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Term 1 / 23 Which of the following is a cardholder responsibility in the Governmentwide Commercial Purchase Card Program? CLG 0010 DoD Governmentwide Commercial Card Exam/ How Long does Foreign Military Sales Documentation have to be retained following a case closure An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. We're available through e-mail, live chat and Facebook. f(x)f^{\prime}(x)f(x) and its graph are given. Increased Funding CLG 0010 DoD Governmentwide Commercial Card Exam. Course Hero is not sponsored or endorsed by any college or university. Target Attendees COM. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. Cross), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Principles of Environmental Science (William P. Cunningham; Mary Ann Cunningham), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. 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CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% 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), Avoid Pecuniary Liability-Correct Several personnel in your office have been needing new laptops, so this is a god time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000. It is used to solve problems in a variety of fields, including science, engineering, and finance. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. The Governmentwide commercial Purchase card ______ used as the method of payment for commercial training requests using the SF-182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 100% CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. COM. What must the Cardholder do to become qualified to make Governmentwide Commercial Purchase Card purchases up to $25,000 outside of the United States and its jurisdictions? Semi-Annual Head of activity Reviews///// spending was $2.7 trillion, and it was projected to Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. If an item is used in two places in a bill-of-materials, say level 3 and level 4, what low-level code would be assigned to the item? Slashes mean its wrong 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, Purchase of accountable property Which three items describe external fraud? What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? You receive a request to purchase construction services. Clg 0010 dod governmentwide commercial purchase card. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. The Government Commercial Purchase Card used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. capital in Senegal. Which option would you choose? - ANSWER-approving/billing official 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 . How many Cardholder accounts may be rolled up under a Managing Account? an Managing Account Billing Statement. using public office for private gain CLG 0010 DoD Governmentwide Commercial Purchase Card (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training requests using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. Explain how this requirement is likely to affect the growth of human Download. Must not be Must be Is occasionally None of these 2. DoD's Governmentwide Commercial Purchase Card data to identify high-risk, support declared contingency operations in Afghanistan. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. In 2011, national health care Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases -Paying for repairs of privately owned equipment The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Decrease penalties for faulty disputes What are three examples of abuse of the Governmentwide Commercial Purchase Card? Which of the following is a Cardholder responsibility in the Governmentwide Commercial Purchase Card Program? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet How long does Foreign Military Sales documentation have to be retained following case closure? Failing to certify "Purchase Card Certification Statements" on time - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. b. Which three of the following are advantages of using the Governmentwide commercial purchase card? 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. MARKETING 305. Which three of the following statements about convenience checks are true? James Madison believed that the Constitution would produce effective government and good policies. In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of information that should be included in the Cardholder Purchase Log? Defence Acquisition University CLG 0010 Test - Browsegrades Date on which the item/service was ordered. The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. Contract payments. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? (Select the three that apply). The financial statements include all synergistic benefits from the merger. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. whose responsibility is it to comply with Government agency standards of conduct? TO4.E01, Which three of the followin describes the Governmentwide Commercial Purchase Card? Decrease penalties for faulty disputes 20 laptops at $500 each for a total price of $10,000. How many cardholder accounts may be rolled up under a managing account? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 100% CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. Purchasing items or extra quantity of items for resale or to give away to relatives. Violating a specific-use Policy A. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DoD Governmentwide Commercial Card E, CLG 0010 DOD GOV. I dont know, Answers are wrong. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. What are three advantages of using the Governmentwide Commercial Purchase Card? used to make mission-essential purchases. &\textbf{(in millions)}&\textbf{(in millions)}\\ Monthly Agency/organization program coordinator reviews///// Violating a specific-use policy Who is the the individual responsible for ensuring the existence, accuracy, and legality of information on a managing account billing statement? View more. Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator What is the Cardholder Statement of Account? Ensure transactions are made with responsible merchants What conclusion is appropriate when H0H_0H0 cannot be rejected? ), a. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? Any exams in this course must be passed with a minimum score of 80%. CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) - CLG 0010 DoD A purchase exceeds the micro purchase threshold. Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Must be What are three advantages of using the Governmentwide Commercial Purchase Card? The Government Commercial Purchase Card used as the method of payment for CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da. Recovery of cost from Governmentwide Commercial Purchase Card officials 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 - ANSWER-True The . When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. b. Is a felonious act of corruption or attempt to cheat the government . 1. Account? &\textbf{Recent Year}&\textbf{Prior Year}\\ The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) . Purchase of accountable property A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? \quad\text{Diluted}& 713,456 &699,012\\ b. CLG0010 Test 100%.pdf - Test Results - Elizabeth Drumm Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? Currently, similar-risk stocks have required returns of 10 %. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Review and ensure all Cardholder supporting documentation supports the payment. -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, 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. In step 10 of the governmentwide commercial purchase card program, what are three pieces of information that should be included in the cardholder purchase log, Name of the requestor If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? Which of the following is an appropriate circumstance for using a convenience check? Several personnel in your office have Small business The Methodology of the Social Sciences (Max Weber), Civilization and its Discontents (Sigmund Freud), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), Give Me Liberty! Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? -, You receive a request to purchase construction services. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. Ensure adequate Funds are available to make the payment b. What is Step 2 of the Governmentwide Commercial Purchase Card Program process? f(x)=6x2x3(forf(x)=2x3x44)f^{\prime}(x)=6 x^2-x^3 \quad\left(\text { for } f(x)=2 x^3-\frac{x^4}{4}\right) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? When you get back to the office, you realize that the envelope size will not meet the Students also viewed a. The Cardholder must receive customized training. Similar in nature to a commercial credit cardb. A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. Identify the requirement and ensure it fulfills a mission essential need. Open-market micro-purchases Is a felonious act of corruption or attempt to cheat the Government Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Last week she worked h overtime hours at double time. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. Objectives Download Course Objectives Target Attendees price-icon . how many days of the billing cycle end date? Reduced invoicing costs avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use How long does Foreign Military Sales documentation have to be retained following case closure? Interest penalties CLG 0010 DoD Governmentwide Commercial Purchase Card After several rounds of negotiations, the offer under discussion is a cash offer of $250 million for Hybrid Golf. Local. CLG 0010 DoD Governmentwide Commercial Purcha, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Lab 6 - Acid-Fast and Endospore Stain Quiz. Obtain Approval from the Agency/Organization Program Coordinator. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip Approving/Billing Officer, Frustrated freight may never reach the intended recipient. DAU Training Course Details - Defense Acquisition University Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx 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. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Total Dollar Value of the transaction Reduces DoD Operating costs Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. DAU Continuous Module Details - Defense Acquisition University . CLG 0010 Flashcards | Quizlet CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. Includes billing for items not ordered 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, 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, Avoid Prompt payment interests What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . &\textbf{2013}&\textbf{2012}\\ a. Authorized uses of the Governmentwide Commercial Purchase Card include (select three) correct answers Existing Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated . (select the three that apply) - ANSWER-1. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. Component Procedures may authorize DOD Governmentwide commercial Purchase Card ordering officers to make purchases up to the simplified acquisition threshold in which three of the following cases? Which two statements about Managing Accounts are true? In the African nation of Senegal, to enroll in school a child needs a birth C. A new card or checks are issued. This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. When a merchant does not accept payment by credit card. CLG 0010 Exam Questions and Answers.docx - CLG 0010 Exam Who is the individual for ensuring the existence, accuracy, and legality of information on a. Failure to certify a Managing Account Billing Statement is a timely manner results in what three things?
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