answer. How much will be in the account in The Government Commercial Purchase Card used as the method of payment for You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Better Buy uses a perpetual inventory system. What is the Cardholder Statement of Account? $9.45 Account? Interest penaltiesb. To establish the purchase card program, send the name, address, telephone, e-mail address, and fax number to the Level 3 A/OPC. Better Buy uses the average-cost method for inventories. Procurement Management Reviews/////// card programs. "Micro-purchase" means an acquisition of supplies or services in which the aggregate amount does not exceed $3,000, which three of the following are cardholder considerations before purchase? (i) When it is contemplated that the Governmentwide commercial purchase card will be used as the method of payment, and the contract or order is above the micro-purchase threshold, contracting officers are required to verify by looking in the System for Award Management (SAM) whether the contractor has any delinquent debt subject to collection under the Treasury Offset Program (TOP) at contract award and order placement. What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? -Recovery of costs from Governmentwide Commercial Purchase Card officials. 13.301 Governmentwide commercial purchase card. Used to make mission-Essential Purchases What are three advantages of using the governmentwide commercial purchase card? Similar in nature to a commercial credit card. support declared contingency operations in Afghanistan. Which of the following is an appropriate circumstance for using a convenience check? 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. Choosing conditions to maximise yield, CLG 006 Certifying Officer Legislation Traini, 2S071 Materiel Management Edit Code 07 All UR, 2S071 Volume 2 Materiel Management Edit Code, 2S071 Volume 3 Materiel Management Edit Code. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? must be 3. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Market-Research - A market research for Lemon Juice and Shake. Reconcile the monthly statement of account. 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 What is the first step to follow when a Card holder becomes aware of a lost or stolen card or check? You receive a request to purchase construction services. CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. accept? CLG 001 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:02-Jun-2020) . A Governmentwide commercial purchase card charge authorizes the third party ( e.g., financial institution) that issued the purchase card to make immediate payment to the contractor. CLG 0010 DoD Governmentwide Commercial Card Exam-Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed . Gives DoD access to information about what its components buy Automatic suspension of accountsc. What tool fulfills the 10 U.S.C. 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? The Government Purchase Card (GPC) Program (also known as the GSA SmartPay Program) provides charge cards to agencies/departments throughout the U.S. Government.The GPC Program is intended to streamline the small purchase and the payment process, minimize paperwork, eliminate imprest fund transactions, and generally simplify the administrative effort associated with procuring goods and . -The bank must closed the account Governmentwide commercial purchase card shall be the preferred method to purchase and pay for micro-purchases. With a profile at Docmerit you are definitely prepared well for your exams. The purchase card shall be used to . 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank Commercial Purchase Card (GPC) Program Overview Presented by: Denise Reich, OUSD(A&S)/DPC/CeB The DoD GovernmentwideCommercial Purchase Card (GPC) program continues to develop and enhance eBusiness capabilities to support program operations, and improve policy and . Terms of Use Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. Hinkle; Kerry H. Cheever), Give Me Liberty! Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. Suspected ethics violations should be reported to: 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 Increased data surveillance. With annual expenditures of approximately $13.7B, the purchase card is the primary payment and procurement method for purchases under $2,500 (often referred to as micro-purchases). An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Purchase Card Holders. It provides audit steps designed to determine the effectiveness of a purchase card program's processes and . What are three examples of misuse of the governmentwide commercial Purchase card? Information on TOP is available at http://fms.treas.gov/debt/index.html. (Select the three that apply). Anna Maria. Introduction . [Show More] -Splitting requirements to avoid card thresholds. Whose Responsibility is it to comply with government agency standards of conduct? 4. These procedures include program controls and invoice payments. Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Building C: Purchase for $650,000 cash. //////////. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. 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 The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training . - Internal Fraud acquisitions up to $25,000 outside the United States and its jurisdictions, the. This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for . Insights on Demand Data Mining (IOD DM) tool. 32.1108 Payment by Governmentwide commercial purchase card. N3029A17RC020FS Page 39 of 39 Section Supplies or Services and Price ITEM NO SUPPLIESSERVICES QUANTITY UNIT UNIT PRICE AMOUNT 0001 1 Each $664498 $664498 DELL POWEREDGE R330XD To the extent that such a payment would otherwise be approved, the charge against the purchase card should not be disputed when the charge is reported to the Government by the third party. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? \text{Dec (62,000 units at \$68)..} & \text{4,216,000 }\\ what are two advantages of the procurement integrated enterprise environment? Date on which the item/service was ordered. I find Docmerit to be authentic, easy to use and a community with quality notes and study tips. 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? 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? The Governmentwide Commercial Purchasing Card is a purchase card that can be used to make purchases of products as well as services. This memo establishes a deadline of December 31, 2021 for all DoD Governmentwide Commercial Purchase Card (GPC) personnel to use the Procurement Integrated Enterprise Environment (PIEE) Single Sign-On (SSO) capability to log in to U.S. Bank's Access Online, and for Agency/Organization Program Coordinators to use their PIEE Task Queue (PTQ) in 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. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. In which building would you recommend that The Black Knights Inc. locate, assuming a 12% cost of funds? The Army issues a task order to the servicing bank for its GPC services. Which three of the following describe the Governmentwide Commercial Purchase Card? Monthly Agency/organization program coordinator reviews///// /////////// 10 Years Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Government Purchase Card. Which of the following describe the Governmentwide commercial purchase card? You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Which of the following are you authorized to accept? the Cardholder can dispute a convenience check after payment has been made PUR. It's equivalent to a commercial credit card and it's only given to authorized agency employees. This document supersedes Contracting Policy 13.301 . -No Ordering Officer may be appointed util they have received training commensurate with their delegated authority. Building B: Lease for 25 years with annual lease payments of$69,000 being made at the beginning of the year. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? who is responsible for making regular reviews of existing cardholders and their monthly spending limit, in step 12 of the governmentwide commercial purchase card program process, what are three, Transactions where the Governmentwide Commercial Purchase Card is used as a method of payment The Cardholder must receive customized training. Compare the ways urban populations in Central America and those in your state have modified their physical environments. Determine when and where the card/checks were last used. 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. 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