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. The secretary defense authorize an increase in the micro purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Defense Acquisition University 9820 Belvoir Road Fort Belvoir, VA 22060 CONTACT US. This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. Think of some of the options you have for spending time after school--sports practice, hobby clubs, work, or extra study, for example. ////, What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions. Ordering officers are established to provide DoD Components with the ability to make purchases against existing contracts to support their mission. Paying for repairs of privately owned equipment Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below 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 managemen . Must be What are three advantages of using the Governmentwide Commercial Purchase Card? Franklin Company purchased inventory costing $90,000 by signing an 8%, nine-month, short-term note payable. Course Hero is not sponsored or endorsed by any college or university. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Exam 2022 b. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. Authorized uses of the Governmentwide Commercial Purchase Card include: Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Date on which the item/service was ordered. (Select the three that apply. used to make mission-essential purchases. Click the card to flip Definition 1 / 23 ? Consider the following: a. the problem of gridlock b. the increase in the size of the United States. Clg 001 test answers - Math Methods order now. 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 the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? The Government Commercial Purchase Card used as the method of payment for Objectives What are three authorized uses of the Governmentwide Commercial Purchase Card? CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022. DoD's Governmentwide Commercial Purchase Card data to identify high-risk 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. Which of the following is a reason that 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: What is the Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. Clg 001 Test Answers Pdf - myilibrary.org 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 A member of the hotel's accounting staff noticed that the total charges for guest bills have been increasing in recent months. 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} Date on which the item/service was ordered. 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? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. Which of the following is an appropriate circumstance for using a convenience check? What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? A. a. Gives DoD access to information about what its Components buy PUR. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, Weightedaveragenumberofsharesoutstanding(inthousands), Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams, Alexander Holmes, Barbara Illowsky, Susan Dean. &\textbf{2013}&\textbf{2012}\\ The accountant will use a sample of future weekend guest bills to test the manager's claim. &\textbf{Recent Year}&\textbf{Prior Year}\\ giving preferential treatment to any person or organization. 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? \text{Weighted average number of shares outstanding (in thousands)}\\ Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. Failing to certify "Purchase Card Certification Statements" on time price-icon. Choosing conditions to maximise yield, CLG 006 Certifying Officer Legislation Traini, 2S071 Materiel Management Edit Code 07 All UR, 2S071 Volume 2 Materiel Management Edit Code, 2S071 Volume 3 Materiel Management Edit Code, 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. Quicker Payment Company Registration Number: 61965243 Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to an Managing Account Billing Statement. An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Bryce has asked you to analyze the financial aspects of the potential merger. 1. Smith Concrete Company owns enough ready-mix trucks to deliver up to 100,000 cubic yards of concrete per year (considering each trucks capacity, weather, and distance to each job). Reduced Invoicing Costs What is the highest exchange ratio Birdie should be willing to pay and still undertake the merger? CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. CLG 0010 Exam 100% Scored_ Spring 2022 1. Must not be Must be Is occasionally None of these 2. 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. B. According to 10 United States Code 2784, which two of the following could result from a Governmentwide Commercial Purchase Card Program violation. DAU Training Course Details - Defense Acquisition University CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% [Show more] Preview 2 out of 6 pages -Paying for repairs of privately owned equipment Reduced invoicing costs These procedures will address requirements related to which three of the following? 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. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. Adverse personnel actions CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. : an American History (Eric Foner), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. Reduces dod invoicing costs Which three of the following statements are true? You receive a request to purchase construction services. CLG 0010 DoD Governmentwide Commercial Card Exam. a. -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures. This price is several weeks income for many families. CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. False Authorized uses of the Governmentwide Commercial Purchase Card include: a. ( c ) Verify that the given f(x)f(x)f(x) has f(x)f^{\prime}(x)f(x) as its derivative, and graph f(x)f(x)f(x) to check your conclusions in part (a). Recovery of cost from Governmentwide Commercial Purchase Card officials, 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. approving/billing officer 2. supervisor 3. agency/organization program coordinator If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must . CLG0 0010 Test Review.pdf. What are three advantages of using the Governmentwide Commercial Purchase Card? Vendor change card scanning capabilities
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