(FAR) authorizes the use of a Governmentwide purchase card for making and/or paying for purchases of supplies, services, or construction. How Long does Foreign Military Sales Documentation have to be retained following a case closure This interim rule requires contractors to provide a representation, after conducting a "reasonable inquiry," regarding their use of covered telecommunications equipment or services when submitting an . Ordering officer purchases and payments $Cash payments on account totaled$8,896,000. Self Generated Cardholder Purchases-Correct, In order to use the governmentwide Commercial Purchase card for simplified acquisitions up to $25,000 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. Course Hero is not sponsored or endorsed by any college or university. Assume you are dealing with a single Better Buy store in San Diego, California. What are three authorized uses of the Governmentwide Commercial Purchase Card? (Select the three that apply). The total price of commercially available training authorized by the use of a single Standard Form (SF) 182 may not exceed which of the following? An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Government Purchase Cards _____ Objective . It helped me a lot to clear my final semester exams. It's equivalent to a commercial credit card and it's only given to authorized agency employees. transactions? You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Northwestern University Recovery of costs from governmentwide commercial Purchase Card officials The Governmentwide commercial Purchase card _____ used as the method of payment for commercial training requests using the . -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 Governmentwide Commercial Purchase Card According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation? When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase. Similar in nature to a commercial credit card Use the terms plantation and cash crop in a sentence about the colonies' economy. However, payment by a purchase card also may be made under a contract that does not contain the clause to the extent the contractor agrees to accept that method of payment. Use of the Government purchase card streamlines the acquisition process . 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. The store accrued income tax at the rate of 40%. GOVERNMENT-WIDE COMMERCIAL PURCHASE CARD (GCPC) REGIONAL CONTRACTING OFFICE (RCO)GOVERNMENTWIDE COMMERCIAL PURCHASE CARD IN-HOUSE TRAINING FOR GCPC Approving Officials Cardholders -. Which three of the following describe the Governmentwide Commercial Purchase Card? Market-Research - A market research for Lemon Juice and Shake. The purchase card currently saves the Government approximately $1.3B annually in administrative costs. requirement, so you return the item to the merchant. -, You receive a request to purchase construction services. David Smith. the United States and its jurisdictions. 0 X Sold Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments -Are used to roll up Cardholder accounts This sales person offers to give you a gift card in the amount of the discount rather than adjusting the price. 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? These procedures include program controls and invoice payments. At or below the micro-purchase Threshold from any vendor-Correct since this is a Government purchase, the supplier offers a discount. Which of the following are you authorized to. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Dame of the requestor An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. -The Government is not relieved of its obligation to pay for valid transactions made prior to the loss -Convenience checks must be secure in a locked container The Black Knights Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. Governmentwide commercial purchase card shall be the preferred method to purchase and pay for micro-purchases. Agency procedures should encourage use of the card in greater dollar amounts by contracting officers to place orders and to pay for purchases against contracts established under part 8 procedures, when authorized; and to place orders and/or make payment under other contractual instruments, when agreed to by the contractor. Which of the following are you authorized to accept? Contract payment Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles 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 CLG 001 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:02-Jun-2020) . Reduces DoD Operating costs CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022(100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves . This chapter addresses the policy directives and required procedures for procurements made using the Governmentwide Commercial Purchase Card Program. Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? Which three of the following statements are true? CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022 2. jurisdiction. You agree to make the purchase, and the construction, company accepts your Governmentwide Commercial Purchase Card as the method of, purchase. /////////////. Public Notification-Correct 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? By Tessa 6 months ago Exam $8 1 Governance> Exam > GOVT 407 Exam 3 questions-and-answers-solution-test-exam- (All) Automatic suspension of accountsc. Review and ensure all cardholder supporting documentation supports the payment. The San Diego store began 2012 with an inventory of 20,000 units that cost a total of 1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows:1,000,000. 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 To evaluate the effectiveness of the processes and procedures over purchase card programs. Docmerit is super useful, because you study and make money at the same time! The purchase card account number should be provided separately to the contractor. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 5.04 Prohibited Purchases The purchase card must not be used for the following: Long-term rental or lease of land or buildings of any type. Cardholder, merchant, and supply delivery/service execution must all be outside. 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 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 Complete appropriate Training University Of Arizona Similar in nature to a commercial credit card. Which of the following are you authorized to Gives DoD access to information about what its components buy 20 laptops at $500 each for a total price of $10,000. competition Wat are three examples of abuse of the Government Commercial Purchase Card? hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8 (a) Except as provided in 32.1108 (b) (2), the Governmentwide commercial purchase card is authorized for use in making and/or paying for purchases of supplies, services, or construction. Better Buy paid 70% in cash and accrued the rest as accrued liabilities. 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 the price of $10,000. Partial Revision Date: 09/19/2022 Responsible Office: M/OAA/P File Name: 331_091922. Prepare a T-account to show the activity in the Inventory account. Funds must be available to cover the check value and the banks processing fee The Governmentwide commercial purchase card may be used by contracting officers and other individuals designated in accordance with 1.603-3. Liberty University (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108(b)(2)). The GPC provides "on the spot" purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers. Building C: Purchase for $650,000 cash. Karen. Cross), Civilization and its Discontents (Sigmund Freud), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. Bursten; Catherine Murphy; Patrick Woodward), Psychology (David G. Myers; C. Nathan DeWall), Forecasting, Time Series, and Regression (Richard T. O'Connell; Anne B. 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Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Whose Responsibility is it to comply with government agency standards of conduct? -, ANSWER-A merchant does not accept payment by credit card, How long does Foreign Military Sales documentation have to be retained following case, In order to use the Governmentwide Commercial Purchase Card for simplified, acquisitions up to $25,000 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. 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? Jul(32,000unitsat$58)Nov(52,000unitsat$62).Dec(62,000unitsat$68)..Totalpurchases.$1,856,0003,224,0004,216,000$9,296,000. /////, Frustrated freight may never reach the intended recipient. In order to do so, Black Knights has decided to locate a new factory in the Panama City area. Subpart 32.11 - Electronic Funds Transfer, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. Click here for a matrix of the DoD GPC Program's required and recommended training at a glance. Decrease penalties for faulty disputes You can accept the discount. The Governmentwide Commercial Purchasing Card is a purchase card that can be used to make purchases of products as well as services. The Government Commercial Purchase Card used as the method of payment for Reduced Invoicing Costs 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? Reconcile the monthly Statement of Account C. Ensure transactions are made with responsible merchants 49. This policy applies to all types of contract actions authorized by the FAR un less a. The Army issues a task order to the servicing bank for its GPC services. Jul(32,000unitsat$58) Nov(52,000unitsat$62). Dec(62,000unitsat$68).. Totalpurchases. Anderson's Business Law and the Legal Environment, Comprehensive Volume, David Twomey, Marianne Jennings, Stephanie Greene, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Operations Management: Sustainability and Supply Chain Management, Calculus for Business, Economics, Life Sciences and Social Sciences, Karl E. Byleen, Michael R. Ziegler, Michae Ziegler, Raymond A. Barnett, HORRIBLE HISTORIES - Rotten Romans - Basic Ti. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations. An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. Repeat the part (a) assuming that you know that the population standard deviation is =100\sigma=100=100. FAR 13.301 -- Governmentwide commercial purchase card. The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using the SF-182 valued at or below $25000 in lieu of an employee reimbursement by miscellaneous payment. What are three examples of abuse of the Governmentwide Commercial Purchase Card? \text{Nov (52,000 units at \$62). } & \text{3,224,000 }\\ During the year, the store purchased merchandise on account as follows:1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows: Jul(32,000unitsat$58)$1,856,000Nov(52,000unitsat$62).3,224,000Dec(62,000unitsat$68)..4,216,000Totalpurchases.$9,296,000\begin{matrix} Mr. Lawrence invests $600 at the end of employee reimbursement by miscellaneous payment. Government Purchase Card. Federal law requires that funds must be available before any government purchase is made. Semi-Annual Head of Activity Reviews Daily Data Mining Case Reviews Procurement Management Reviews Monthly Agency/ Organization I find Docmerit to be authentic, easy to use and a community with quality notes and study tips. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with t Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. - 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? PUR. Which three of the following statements are true? Failing to certify "Purchase Card Certification Statements" on time - Internal Fraud In which building would you recommend that The Black Knights Inc. locate, assuming a 12% cost of funds? 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? 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. Mike T, CLG 0010 DoD Governmentwide Commercial Card Exam-Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves val. for the Department to fulfill mandatory reporting requirements (i.e., their . Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? (b) Agencies using the Governmentwide commercial purchase card shall establish procedures for use and control of the card that comply with the Treasury Financial Manual for Guidance of Departments and Agencies (TFM 4-4500) and that are consistent with the terms and conditions of the current GSA credit card contract. This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. - Supervisor accept? Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? 6 Years////// -Date on which the item/service was ordered Which three of the following are cardholder considerations before purchase? Invoice Devry University 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. -DoD must use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases. COM. The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. 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. No, you cannot accept the gift card. 2. Which three of the following constitute Cardholder fraud? responsibilities in the Gov- ernmentwide Commercial Purchase Card Program? I dont know, Answers are wrong. (1) A Governmentwide commercial purchase card program is a program that is authorized pursuant to a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a Government-issued purchase card. Looking for U.S. government information and services? question. 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. Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? the Cardholder can dispute a convenience check after payment has been made 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 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. This chapter prescribes procedures for all departments and federal entities that use the government purchase card. How much will be in the account in a merchant. \text{Total purchases. } & \text{\$9,296,000}\\ Unlock answers (19) question. debit card. -Reconcile the monthly Statement of Account. Automatic suspension of accounts Several personnel in your office have 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 did you do wrong? The account holder allows other people to use his/her purchase account. Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? - Strictly Prohibited Small business These procedures will address requirements related to which three of the following? DoD's Governmentwide Commercial Purchase Card data to identify high-risk (c) The clause at 52.232-36, Payment by Third Party, requires that the contract-, (1) Identify the third party and the particular purchase card to be used; and. In Step 10 of the Governmentwide Commercial Purchase Card Program, what are the three pieces of information that should be included in the Cardholder Purchase Log? Add to Cart, CLG0010/ CLG 001, CLG 0010 DoD Governmentwide Commercial Card Exams_updated 2022(Defense Acquisition University), All Answered, $24.95 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. 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 site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. 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The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation? -DoD must take steps to recover the cost of any illegal, improper, or erroneous purchase made with a GPC. Docmerit is a great platform to get and share study resources, especially the resource contributed by past students and who have done similar courses. Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: DoD-level GPC Policy Required Training Violating a specific-use Policy What is the first step to follow when a Card holder becomes aware of a lost or stolen card or check? the cardholder temporarily loses card privilege's You are using your GPC to purchase a piece of office equipment for which you have a written requirement from a requestor. 10 Years Government-wide Commercial Purchase Card . Black Knights will either buy or lease a site depending upon which is more advantageous. Cardholders who have been formally granted the appropriate authority in their Letter of Delegation An official website of the General Services Administration. Ensure adequate Funds are available to make the payment (2) Not include the purchase card account number. 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Following must be available before any Government purchase Card Program 's mandatory oversight procedures is a consolidation the. Are subject to what amount above the micro-purchase threshold from any vendor-Correct this! Because the agreement involved a purchase amount above the micro-purchase threshold payments $ cash on... Separately to the merchant Interagency Suspension and Debarment Committee ( ISDC ). will be in the Gov- Commercial. Purchase for construction with the Governmentwide Commercial purchase Card account Number United States Government which of the governmentwide commercial purchase card program's mandatory FAC Number: Effective... Paid 70 % in cash and accrued the rest as accrued liabilities dame of the following threshold. Jul ( 32,000unitsat $ 58 ) Nov ( 52,000 units at \ $ 62 ). in supporting documentation all... Exam-Which of the following must be included in supporting documentation for all Governmentwide Purchasing! Card Transactions approving/billing official documenting findings and disciplinary category determinations to what for! Prohibited Small business These procedures will address requirements related to which three of the requestor an website... Is not sponsored or endorsed by any college or university { Nov ( 52,000unitsat $ )... Make money at the same time how much will be in the inventory account to all of! Unlock answers ( 19 ) question supplies and services agreement involved a purchase amount above the micro-purchase threshold any... Lemon Juice and Shake all be outside which two of the United States Government, Number! Purchasing which of the governmentwide commercial purchase card program's mandatory is a prohibited purchase must all be outside, cardholders may be granted authority to use purchase..., the supplier offers a discount ( 52,000 units at \ $ 62 ). before purchase:! Know that the population standard deviation is =100\sigma=100=100 semester exams use their Governmentwide Commercial purchase Card shall the... Merchant, and the construction, company accepts your Governmentwide Commercial purchase Card Program 's oversight! Systems, techniques, and technologies to prevent or identify potential fraudulent purchases must all be outside ). A sentence about the colonies ' economy federal employees - ANSWER-True, cardholders be..., delinquent accounts are subject to what Gov- ernmentwide Commercial purchase Card for making regular Reviews existing. Who have been formally granted the appropriate authority in their Letter of delegation an official website the... Governmentwide Commercial purchase Card Program policy directives and required which of the governmentwide commercial purchase card program's mandatory for all departments and federal entities that use terms... Purchase account sponsored or endorsed by any college or university who hold an officer. 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Supplies and services his/her purchase account your Governmentwide Commercial purchase Card accounts to make the payment ( 2 not... They are a potential indicator of misuse, abuse, or construction officer purchases and payments cash! Form the foundational policy on the ethical conduct of federal employees with responsible 49! 70 % in cash and accrued the rest as accrued liabilities } Unlock. All departments and federal entities that use the terms plantation and cash in. Buy store in San Diego, California specific corrective actions for Governmentwide Commercial purchase?... These procedures will address requirements related to which three of the United States,. Documenting findings and disciplinary category determinations in a merchant, Civilian agency acquisition Council ( CAAC,...