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vernmentwide Commercial Card Exam 2023 with co, Exams of Nursing

vernmentwide Commercial Card Exam 2023 with co

Typology: Exams

2022/2023

Available from 09/06/2023

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CLG 0010 DoD Governmentwide
Commercial Card Exam 2023 with
correct answers
Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures
involves validating that all data mining cases are closed and assessing the key purchasing and
management internal controls? - correct answer Daily Data Mining Case Reviews //////
Semi-annual head of activity reviews////
Procurement Management Reviews///////
How Long does Foreign Military Sales Documentation have to be retained following a case closure -
correct answer 6 Years and 3 Months ////////
8Years////
6 Years//////
10 Years
An Unauthorized commitment is an agreement that is not binding solely because the agreement
involved a purchase amount above the micro-purchase threshold. - correct answer False
Which two of the following must be included in supporting documentation for all governmentwide
Commercial Purchase card Transactions? - correct answer Receipt
Invoice.
Which three of the following are cardholder considerations before purchase? - correct answer
Obtain Approval from the Agency/Organization Program Coordinator
Ensure adequate and appropriate funds are available-Correct
Determine if any special requirements or approvals are required.-Correct
Check for availability from required sources-Correct
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Commercial Card Exam 2023 with

correct answers

Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and

management internal controls? - correct answer Daily Data Mining Case Reviews //////

Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained following a case closure -

correct answer 6 Years and 3 Months ////////

8Years//// 6 Years////// 10 Years An Unauthorized commitment is an agreement that is not binding solely because the agreement

involved a purchase amount above the micro-purchase threshold. - correct answer False

Which two of the following must be included in supporting documentation for all governmentwide

Commercial Purchase card Transactions? - correct answer Receipt

Invoice.

Which three of the following are cardholder considerations before purchase? - correct answer

Obtain Approval from the Agency/Organization Program Coordinator Ensure adequate and appropriate funds are available-Correct Determine if any special requirements or approvals are required.-Correct Check for availability from required sources-Correct ///////////

Commercial Card Exam 2023 with

correct answers

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. - correct answer Internal Fraud

Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the

micro-purchase threshold, is: - correct answer Strictly Prohibited

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? - correct answer Frustrated

Freight Whose Responsibility is it to comply with government agency standards of conduct? (Select the three

that apply) - correct answer Supervisor

Approving/Billing officer Agency/Organization Program Coordinator 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. - correct answer Must be

According to 10 united states code 2784, which two of the following could result from a

governmentwide commercial purchase card program violation? - correct answer Recovery of costs

from governmentwide commercial Purchase Card officials Increased data surveillance Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to

what? - correct answer Increased Scrutiny

Commercial Card Exam 2023 with

correct answers

Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. ///- This one is correct/ Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles //// What is the artificial intelligence data mining platform that automatically analyzes the DOD'

Governmentwide commercial Purchase card data to identify high-risk transactions - correct answer

Insight on Demand (IOD)

What are three examples of abuse of the Governmentwide Commercial Purchase Card? - correct

answer Violating a specific-use Policy

Exceeding the applicable micro-purchase Threshold Splitting requirements to avid card thresholds 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? - correct

answer 90 Days

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,

outside the United States and its jurisdictions - correct answer True

Which three of the following statements about convenience checks are true - correct answer

Convenience checks must be secured in a locked container the Cardholder can dispute a convenience check after payment has been made Funds must be available to cover the check value and the banks processing fee

Commercial Card Exam 2023 with

correct answers

Which of the following is a cardholder responsibility in the governmentwide commercial purchase card

program? - correct answer Reconcile the monthly statement of account

Who's Responsibility is it to comply with government agency standards of conduct - correct answer

Approving/billing Officer Agency/organization program coordinator Supervisor If commercial, Door to door shipping is not available for a governmentwide commercial purchase card

purchase to be shipped overseas, the cardholder must - correct answer Ensure approximate

shipping information ans been provided /////// 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? - correct answer Dame of the

requestor Total Dollar value of the transaction Date on which the item/service was ordered 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. - correct answer True

Which of the following terms is defined as "the intentional use of the government-issued charge card in

violation of applicable regulations" - correct answer Abuse

Commercial Card Exam 2023 with

correct answers

Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. 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. Which of the following are you authorized to

accept? - correct answer Credit to your cardholder 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 (Select the three that

apply) - correct answer Avoid Pecuniary Liability-Correct

Decrease penalties for faulty disputes avoid prompt payment interest Allow for maximum refunds- New /////

Frustrated freight may never reach the intended recipient - correct answer True

Which of the following is an appropriate circumstance for using a convenience check? - correct

answer 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. 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 - correct answer False

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 - correct answer

Avoid Prompt payment interests

Commercial Card Exam 2023 with

correct answers

Decrease penalties for faulty disputes avoid pecuniary liability 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial

Purchase Card Program violations - correct answer True

Which three of the following constitute cardholder fraud - correct answer A cardholder's

unauthorized purchase of power tools for personal use purchasing items or extra quantity of items for resale or to give away to relatives 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 - correct answer

Purchase of accountable property Transactions where the governmentwide commercial purchase card is used as a method of payment Self Generated Cardholder Purchases-Correct In order to use the governmentwide Commercial Purchase card for simplified acquisitions up to $25, 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 - correct answer true

Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? -

correct answer Interest penalties

Automatic suspension of accounts Disruption to Government Purchases

What are three advantages of using the governmentwide commercial purchase card? - correct

answer Gives DoD access to information about what its components buy

Commercial Card Exam 2023 with

correct answers

Which three of the following describe the Governmentwide Commercial Purchase Card? - correct

answer Reduced Invoicing Costs

Used to make mission-Essential Purchases Similar in nature to a commercial credit card

What is the Cardholder Statement of Account? - correct answer A document reflecting all purchases

and credits that have been posted to the CH's account during a 30-day billing cycle. 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? - correct

answer Ensure adequate Funds are available to make the payment

Review and ensure all cardholder supporting documentation supports the payment

Suspected ethics violations should be reported to: - correct answer supervisor

Who is responsible for verifying proof of delivery for all governmentwide purchase card transactions

during the monthly transaction review? - correct answer Approving/Billing offical

Who is the individual responsible for ensuring the existence, accuracy, and legality of information on

managing account billing statement? - correct answer 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 - correct answer The Bank must close the account

the cardholder temporarily loses card privilege's The Government is not relieved of its obligation to pay for valid transactions made prior to the loss.

Commercial Card Exam 2023 with

correct answers

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? -

correct answer Small Business

Vendor change card scanning capabilities Competition-Correct Public Notification-Correct I dont know, Answers are wrong Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal

employees. what are three violations of these executive orders? - correct answer Defrauding the

government using public office for private gain giving preferential treatment to any person or organization A Best practice calls for the cardholder to reconcile transactions in the statement of account within how

many days of the billing cycle end date? - correct answer 3

Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? -

correct answer Semi-Annual Head of activity Reviews/////

Monthly Agency/organization program coordinator reviews///// Internal Control Reviews///// At 90 days past due, what happens to all cardholder accounts associated with a managing account -

correct answer Automatically Suspended