Clg 001 test answers - Math Practice Sorry if its hard to read as well. \hline Automatic suspension of accounts Defence Acquisition University CLG 0010 Test - Browsegrades Approving/Billing Officer, Frustrated freight may never reach the intended recipient. b. These procedures will address requirements related to which three of the following? . COM. 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. The accountant will use a sample of future weekend guest bills to test the manager's claim. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. employee reimbursement by miscellaneous payment. grow at an average annual rate of 5.7% for 2011 - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. A. Exceeding the applicable micro-purchase Threshold spending was $2.7 trillion, and it was projected to C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. Paying for repairs of privately owned equipmentc. At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank Prepare a graph for raw materials. Must not be Must be Is occasionally None of these certificate that costs $25. Paying for repairs of privately owned equipment B. Small Business CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Currently, similar-risk stocks have required returns of 10 %. Chamberlain College of Nursing. Provide a vertical analysis of the regional segment revenues for both years. Purchases valued at more than $2,000. CLG 0010 Exam 100% Scored_ Spring 2022 1. T01.E03, Name of requester CLG 0010 Exam Questions and Answers.docx - CLG 0010 Exam 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. Interest penalties COM. PUR. Purchasing office supplies for home use Which three of the following describe the Governmentwide Commercial Purchase Card? f(x)f^{\prime}(x)f(x) and its graph are given. Requires a Primary Approving/Billing Official Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what? - ANSWER-approving/billing official what is the cardholder statement of account?- ANSWER-A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle . CLG 001. test_prep. requirement, so you return the item to the merchant. What is the annual cost of a supervisor's workstation that is 100ft2100 \mathrm{ft}^2100ft2 in area? DoD Govenmentwide Commercial Purchase Card Overview Exam.docx. been needing new laptops, so this is a good time to take advantage of the increase and purchase a. 2 b. b. involved a purchase amount above the micro-purchase threshold. giving preferential treatment to any person or organization. Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? CLG 0010. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. It is used to solve problems in a variety of fields, including science, engineering, and finance. Avoid prompt payment interest, Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous monthly agency/organization program coordinator reviews. What is the Cardholder Statement of Account? 00 Comments Please sign inor registerto post comments. a. a. The government is not relieved of its obligation to pay for valid transactions made prior to the loss According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. Last week she worked h overtime hours at double time. What are three advantages of using the Governmentwide Commercial Purchase Card? C. Reduces DoD invoicing costs. Which three of the following describe the Governmentwide Commercial Purchase Card? f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating Which three items describe external fraud, Includes billing for items not ordered PUR. through 2021. T05.E04, Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? b. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? (Select two). 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? 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 A document reflecting all purchases and credits that have been posted to the Cardholder's account during the 30 calendar days of the billing cycle. Specifically, he has asked you to answer the following questions. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% Interest penalties Violating a specific-use policy \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Identify the requirement and ensure it fulfills a mission essential need. Which of the following is an appropriate circumstance for using a convenience check? A. The law requires the DOD to recover costs from GCP card officials who have used the governmentwide commercial purchase card for illegal, improper, or erroneous purchases. Funds must be available to cover the check value and the bank's processing fee CLG 001. . Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. - ANSWER-Reconcile the monthly Statement of, Which of the following is an appropriate circumstance for using a convenience check? -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. The manager of the Danvers-Hilton Resort Hotel stated that the mean guest bill for a weekend is $600\$ 600$600 or less. b. How long does Foreign Military Sales documentation have to be retained following case closure? You receive a request to purchase construction services. the cardholder temporarily loses card privilege's Used to make mission-essential purchases. We're available through e-mail, live chat and Facebook. Contract payment 1. Funds must be available to cover the check value and the banks processing fee DOD policy allows for GCP Card billing statement certification prior to certification that all items submitted for payment have been received in order to (select all three that apply). Prepare a graph for truck depreciation. 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 Reduces dod invoicing costs capital in Senegal. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Term 1 / 23 Which of the following is a cardholder responsibility in the Governmentwide Commercial Purchase Card Program? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. what did you do wrong? The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Consider the following: a. the problem of gridlock b. the increase in the size of the United States. C. public notification. Vendor change card scanning capabilities Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. 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 CLG0 0010 Test Review.pdf. Increased data surveillance. By Nutmegs 7 months ago QUESTIONS & ANSWERS $10 1 In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? Date on which the item/service was ordered, How many Cardholder accounts may be rolled up under a Managing Account? \text{Net income (in thousands)}& \$1,456,091 &\$1,200,472\\ MARKETING 305. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last Modified:29-Nov-2022) 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. Gives DoD access to information about what its components buy Which there of the following statements are true? 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. Failing to certify "Purchase Card Certification Statements" on time Contract payments. University Of South Africa. Interest penalties What are three authorized uses of the Governmentwide Commercial Purchase Card? PUR. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments Are used to roll up cardholder accounts-New, Whos responsibility is it to comply with Government agency standards of conduct, Agency/Organization Program Coordinator Several personnel in your office have been needing new laptops, so this is a god time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000. What is the Cardholder Statement of Account? Alabama State University. Must not be Must be Is occasionally None of these 2. Review and ensure all Cardholder supporting documentation supports the payment. What are the three examples of misuse of the Government Commercial Purchase Card? Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. B. T07.E01, failing to certify Purchase Card Certification Statements" on time Hotel Guest Bills. CLG 0010 DoD Governmentwide Commercial Card Exam employee reimbursement by miscellaneous payment. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Account? a. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. Which of the following is an appropriate circumstance for using a convenience check? What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions Insight on Demand (IOD) Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier false how many days of the billing cycle end date? Which of the following is an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the government? d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? &\textbf{Recent Year}&\textbf{Prior Year}\\ \text{APMEA*}&6,391&6,020\\ Campbell Incorporated reported the following information in their consolidated income statement for the years ended December 31, 2012 and 2013: 20132012Netincome(inthousands)$1,456,091$1,200,472Weightedaveragenumberofsharesoutstanding(inthousands)Basic702,987687,910Diluted713,456699,012\begin{array}{lrr} c. Ordering Officer purchases and payments. Violating a specific-Use Policy. In five years, the value of Hybrid Golf is expected to be$270 million. Based on this small sample, what number of observations would be necessary to determine the true cycle time with a 95%95 \%95% confidence level and an accuracy of 5%\pm 5 \%5% ? Suspected ethics violations should be reported to: Who is responsible for verifying proof of delivery for all governmentwide purchase card transactions during the monthly transaction review? Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? (Select the three that apply. (select the three that apply) - ANSWER-1. 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. T04.E02. Enables the Government to earn refunds Date on which the item/service was ordered. Increased Funding CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. CLG 0010 DoD Governmentwide Commercial Card Exam 4.1 (12 reviews) Term 1 / 70 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? Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. 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? Download. Hybrid Golf has 8 million shares of stock outstanding. Merchant, What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check, Determine when and where the card/checks were last seen//////. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Clarify mathematic. -Paying for repairs of privately owned equipment Who is the individual for ensuring the existence, accuracy, and legality of information on 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? Approving/billing Officer Local. the Cardholder must: T05.E05. The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} Coordinate with their transportation service support office before initiating the transaction. CLG 0010 DoD Governmentwide Commercial Purchase Card Clg 001 test answers - Math Assignments What was Campbells basic earnings per share in 2012 and 2013? TO DO Express her total weekly salary algebraically. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. View more. CLG 0010 EXAM - QUESTIONS & ANSWERS (SPRING 2022) What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents. Convenience checks must be secured in a locked container Which of the following are you authorized to accept? After completing the course, please be sure to complete the survey at the end. A. At 90 days past due, what happens to all Cardholder accounts associated with a Managing Account? T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. function of the number of years after 2011, x, According to the most recent data, among workers who are paid at an hourly rate, about _______ percent have jobs that pay at or below the minimum wage. 20 laptops at $500 each for a total price of $10,000. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? price-icon. Semi-Annual Head of activity Reviews///// Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. What are three advantages of using the governmentwide commercial purchase card? The financial statements include all synergistic benefits from the merger. A purchase exceeds the micro purchase threshold. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam CLG Exam 0010.doc - Which of the following terms is defined 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. What did you do wrong? \end{array} DAU Continuous Module Details - Defense Acquisition University These procedures will address requirements related to which three of the following?
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