Coordinate with their transportation service support office before initiating the transaction. A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. Must not be Must be Is occasionally None of these 2. Who is the individual for ensuring the existence . 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. Would he still think so if he saw how the government runs today? T03.E02, What is he Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? 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. Alabama State University. What are three advantages of using the Governmentwide Commercial Purchase Card? After completing the course, please be sure to complete the survey at the end. \hline CLG 001 DoD Government Commercial Purchase Card Overview Exam - Quizlet CLG 001 DoD Government Commercial Purchase Card Overview Exam 4.7 (36 reviews) Term 1 / 36 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/delivery acquisition must be outside the United States and its jurisdictions Click the card to flip CLG 0010 Exam Questions and Answers (Graded A) CLG 001 DoD Governmentwide Commercial Purchase Card Overview C. Ensure transactions are made with responsible merchants. b. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? Purchasing office supplies for home use Wat are three examples of abuse of the Government Commercial Purchase Card? avoid prompt payment interest T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? Contract payments. Exceeding the applicable micro-purchase Threshold Explain. (d) Calculate f(x)f^{\prime \prime}(x)f(x) and graph it to check your conclusions in part (b). Includes billing for items not ordered Birdie Golf, Inc., has been in merger talks with Hybrid Golf Company for the past six months. Classify truck depreciation and raw materials as variable or fixed costs. b. According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? There is no time limit for completing this course. CARD OVERVIEW EXAM, Honors Spanish I - Day of the Dead Project, 96% CLGOO1O DoD Governmentwide Commercial Pur, CLG 001 DoD Government Commercial Purchase Ca, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Managerial Accounting- Supplemental Practice, Pathology and Common Symptoms Arthritis: OA,. assessment. &\textbf{2013}&\textbf{2012}\\ Prepare a graph for raw materials. 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? The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. In five years, the value of Hybrid Golf is expected to be$270 million. What is the opportunity cost of your choice? Bundle contains 3 documents. Which of the following are you authorized to. ( c ) Verify that the given f(x)f(x)f(x) has f(x)f^{\prime}(x)f(x) as its derivative, and graph f(x)f(x)f(x) to check your conclusions in part (a). A Cardholder's unauthorized purchase of power tools for personal useb. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? - ANSWER-, 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, 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? Which Governmentwide Commercial Purchase Card Program mandatory program oversight procedure is used to detect and prevent improper purchases? 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. Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution Overseas purchases up to 25000 Used to make mission-Essential Purchases An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. - 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 . Which one of the following is an advantage of using the Governmentwide Commercial Purchase Card? Specifically, he has asked you to answer the following questions. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? c. conductive hearing loss Ordering Officer purchases and payments. a. Must not be Must be Is occasionally None of these 2. Using public office for private gain, Which of the Governmetnwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?T02.E02, 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? \hline What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? How many Cardholder accounts may be rolled up under a Managing Account? 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 answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question 703-805 . 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. You receive a request to purchase construction services. TO DO What was Campbells basic earnings per share in 2012 and 2013? CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam, Exams for Financial Accounting. price-icon. 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? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Disruption to Government Purchases. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) - CLG 0010 DoD How many cardholder accounts may be rolled up under a managing account? Giving preferential treatment to any person or organization \text{Europe }&10,827&10,886\\ CLG 0010 DoD Governmentwide Commercial Purchase Card Overview. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? /////, Frustrated freight may never reach the intended recipient. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Any exams in this course must be passed with a minimum score of 80%. b. Agency/Organization Program Coordinator 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. Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Following; Similar in nature to a commercial credit card Bryce Bichon, the financial officer for Birdie, has been instrumental in the merger negotiations. What is the artificial intelligence Data Mining platform that automatically analyzes The government is not relieved of its obligation to pay for valid transactions made prior to the loss - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. 6. Recovery of costs from governmentwide commercial Purchase Card officials Which of the following terms is defined as "the intentional use of the government-issued charge card in violation of applicable regulations". CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? University of the Cordilleras (formerly Baguio Colleges Foundation), Question 11 National income NI is calculated by adjusting GDP for depreciation, Click the Cost Account ID column label to display the cost accounts hierarchy, B1B4F8E6-9018-4505-BCCC-CCAF1B564D47.jpeg, 20 Who teaches you English a By whom were you taught English b By whom are you, Natanson v Kline 187 Kan 186 354 P2d 670 1960 There is corresponding support for, In Allen v Sixteen Stirling Investments Pty Ltd 1974 4 SA 164 D the plaintiff, Consumer buying patterns especially of high value purchases have changed in the, Source Futura Group Total Cost 2469 Portion Cost 617 Portion Nos 4 Portion Size, Given the six year payback the worst case is that the payback occurs at the end, A block code is called a linear code when the mapping of the k information bits, bbbbbbbbbbbboooooooooooooooooootttttttttttttttttthhhhhhhhhhhhhhhh, Bruckner 201914 89 Antibody test to check if youve had coronavirus NHS web 27, 36 Essay 2 Important qualities of a good supervisor A supervisor needs to, AUTO 132 W10 Ignition System Operation Worksheet.docx, Define and discuss the concepts of patient experience and satisfaction.docx. B. 20 laptops at $500 each for a total price of $10,000. Course Hero is not sponsored or endorsed by any college or university. jurisdiction. test_prep. A. Which of the following is an appropriate circumstance for using a convenience check? PUR. 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. 5 c. 15 d. 40. how many days of the billing cycle end date? 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 Which three of the following are advantages of using the Governmentwide commercial purchase card? &\textbf{(in millions)}&\textbf{(in millions)}\\ What is the Cardholder Statement of Account? CLG 001 DoD Government Commercial Purchase Card. \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Chamberlain College of Nursing. It expects its earnings-and hence its dividends-to grow at a rate of 7 % for the foreseeable future. The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} Automatic suspension of all Cardholder (CH) accounts. What are three authorized uses of the Governmentwide Commercial Purchase Card? Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. Objectives CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. b. Download. using public office for private gain Enables the Government to earn refunds This price is several weeks income for many families. 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 . Students also viewed Whose Responsibility is it to comply with government agency standards of conduct? Take this Answer sheet with a grain of salt. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Is a felonious act of corruption or attempt to cheat the Government CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within Which three of the following describe the Governmentwide Commercial Purchase Card? CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. (a) Use the graph of f(x)f^{\prime}(x)f(x) to determine (estimate) where the graph of f(x)f(x)f(x) is increasing, where it is decreasing, and where it has relative extrema. Defence Acquisition University CLG 0010 Test - Browsegrades Interest penalties Failing to certify "Purchase Card Certification Statements" on time b. the Cardholder can dispute a convenience check after payment has been made Approving/billing Officer T07.E01, failing to certify Purchase Card Certification Statements" on time How long does Foreign Military Sales documentation have to be retained following case closure? CLG 0010 Exam 100% Scored_ Spring 2022 1. Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? Paying for repairs of privately owned equipment CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam.docx Which of the following are you authorized to accept? At or below the micro-purchase Threshold from any vendor-Correct These procedures will address requirements related to which three of the following? a. 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? 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 Step 2 of the Governmentwide Commercial Purchase Card Program process? DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 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. What are three authorized uses of the Governmentwide Commercial Purchase Card? Dame of the requestor What are three authorized uses of the Governmentwide Commercial Purchase Card? Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. The firm recently paid a dividend of $3 per share. Supervisor Which of the following describe the Governmentwide commercial purchase card? 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? Automatic suspension of accounts, Which three of the following constitute Cardholder fraud? a. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. Which Governmentwide Commercial Purchase Card Program mandatory oversite procedure includes a consolidation of the previous six Monthly Agency/Organization Program Coordinator (A/OPC) Reviews. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. You are interested in purchasing the common stock of Azure Corporation. Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? Ordering officer purchases and payments At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank A. b. T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. 2. CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. 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? If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely Disabled), the Cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. Paying for repairs of privately owned equipmentc. T06.E02. support declared contingency operations in Afghanistan. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Must not be Must be Is occasionally None of . 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} Interest penalties Which of the following is an appropriate circumstance for using a convenience check? \quad\text{Basic}& 702,987 &687,910\\ CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. national health care spending, y, in trillions, as a What did you do wrong? Clg 0010 dod governmentwide commercial purchase card. CLG 0010 DOD GOV. Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: 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%. c. Purchasing items or extra quantity of items for resale or to give away to relatives. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. 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. CLG 0010 DoD Governmentwide Commercial Card Exam Objectives Download Course Objectives Target Attendees Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Reconcile the monthly Statement of Account. Which two statements about Managing Accounts are true? At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to a. View more. Total Dollar Value of the transaction Increased information You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Complete appropriate Training c. Ordering Officer purchases and payments. CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Agency/Organization Program Coordinator////, In the event that a cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true. 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. 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 Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest price-icon . CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. 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? Target Attendees Ensure transactions are made with responsible merchants Requires a Primary Approving/Billing Official I dont know, Answers are wrong. (select the three that apply) - ANSWER-1. Purchase of accountable property is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. Description 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. NY Times Paywall - Case Analysis with questions and their answers. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. 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 COM. a. [Show More] Clg 001 test answers - Math Assignments CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% requirement, so you return the item to the merchant. Prepare a graph for truck depreciation. 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 Express her total weekly salary algebraically. Which of the following information must be included on detailed/itemized receipts? Complete appropriate training a. 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? CLG 0010 DoD Governmentwide Commercial Purchase Card Overview - Quizlet (Select the three that apply. 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