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vernmentwide Commercial Card Exam 2023 with co
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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
Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained following a case closure -
8Years//// 6 Years////// 10 Years An Unauthorized commitment is an agreement that is not binding solely because the agreement
Which two of the following must be included in supporting documentation for all governmentwide
Invoice.
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 ///////////
What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the
Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the
Which of the following is the term for a shipment of supplies or equipment that is delayed along the
Freight Whose Responsibility is it to comply with government agency standards of conduct? (Select the three
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
According to 10 united states code 2784, which two of the following could result from a
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
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'
Insight on Demand (IOD)
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
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,
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
Which of the following is a cardholder responsibility in the governmentwide commercial purchase card
Approving/billing Officer Agency/organization program coordinator Supervisor If commercial, Door to door shipping is not available for a governmentwide commercial purchase card
shipping information ans been provided /////// In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of
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
Which of the following terms is defined as "the intentional use of the government-issued charge card in
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
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
Decrease penalties for faulty disputes avoid prompt payment interest Allow for maximum refunds- New /////
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,
DoD policy allows for governmentwide commercial purchase card billing statement certification prior to
Avoid Prompt payment interests
Decrease penalties for faulty disputes avoid pecuniary liability 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial
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
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
Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? -
Automatic suspension of accounts Disruption to Government Purchases
Used to make mission-Essential Purchases Similar in nature to a commercial credit card
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
Review and ensure all cardholder supporting documentation supports the payment
Who is responsible for verifying proof of delivery for all governmentwide purchase card transactions
Who is the individual responsible for ensuring the existence, accuracy, and legality of information on
Coordinator//// In the event that a cardholder reports a misplaced, lost, or stolen card or check, which three of the
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.
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? -
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
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
Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? -
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 -