CLG 001 DoD Government wide Commercial Purchase Card Overview Exam With Perfect Questions And Answers (Rated A+ Pass)
Which of the Government wide Commercial Purchase Card Program’s mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator (A/OPC) Reviews?
• Program Management Reviews
• Internal Controls Reviews
• Semi-Annual Head of Activity (HA) Reviews
• Quarterly Data Mining Case Validation Reviews
In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true?
• The Cardholder temporarily loses card privileges
• The bank must close the account
• A new card or checks are issued
• The Government is not relieved of its obligation to pay for all valid transactions made prior to reporting the loss
How many Cardholder accounts may be rolled up under a Managing Account (MA)?
• Five
• Seven
• Eight
• Nine
According to 10 United States Code 2784, which two of the following could result from Governmentwide Commercial Purchase Card Program violations?
• Recovery of cost from Governmentwide Commercial Purchase Card official
Adverse personal actions
• Destruction of the card
• Increased data surveillance
Frustrated freight may never reach the intended recipient.
• True
• False
Which three of the following are Cardholder consideration before purchase?
• Obtain approval from the Agency/Organization program Coordinator
• Ensure adequate and appropriate funds are available
• Check for availability from required sources
Determine if any special requirements or approvals are required
Component procedures may authorize DoD GPC Ordering Officers to make purchases up to the Simplified Acquisition Threshold in which three of the following cases:
• Above or below the micro-purchase threshold against contract vehicles issued for the Component by a Contracting Officer that contain a provision authorizing order and payment by the GPC
• At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures.
• At or below the micro-purchase threshold from any vendor
• Using Simplified Acquisition Procedures above or below the micro-purchase threshold
against Federal Supply Contract vehicles.
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.
• Must not be
• Must be
• Is occasionally
• None of these
Who is the individual for ensuring the existence, accuracy, and legality of information on an Managing Account Billing Statement.
• Certifying Officer
• Agency/Organization Program Coordinator
• Resource Manager
• Approving/Billing Official
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?
• Vouchers
• Credit to your Cardholder account
• In-store credit
• Gift cards
Suspected ethics violations should be reported to:
• The Supervisor
• No one, since there is no requirement to report ethics violations
• The card-issuing bank
• The violating individual
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?
• 30
• 10
• 15
3
What is the artificial intelligence Data Mining platform that automatically analyzes DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions?
• Insight on Demand (IOD)
• Procurement Business Intelligence Service (PBIS)
• Joint Appointment Module (JAM)
• Access Online
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