The Government Purchase Card (GPC) Program (also known as the GSA SmartPay Program) provides charge cards to agencies/departments throughout the U.S. Government.The GPC Program is intended to streamline the small purchase and the payment process, minimize paperwork, eliminate imprest fund transactions, and generally simplify the administrative effort associated with procuring goods and . 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? \text{Dec (62,000 units at \$68)..} & \text{4,216,000 }\\ -Convenience checks must be secure in a locked container Purchase Card Holders. Defrauding the government Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. This document supersedes Contracting Policy 13.301 . You receive a request to purchase construction services. 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. 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? Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. is committed by someone other than charge card program officials, CLG 0010 DoD Governmentwide Commercial Purcha, CLG 0010 DOD GOV. What tool fulfills the 10 U.S.C. After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. 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. - Obtain Approval from the Agency/Organization Program Coordinator requirement, so you return the item to the merchant. Competition-Correct In order to use the Governmentwide Commercial Purchase Card for simplified. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. -Reconcile the monthly Statement of Account. Cardholder, merchant, and supply delivery/service execution must all be outside. The store accrued income tax at the rate of 40%. An unauthorized commitment is an agreement that is not binding solely because the agreement What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions: 6. What is the first step to follow when a Card holder becomes aware of a lost or stolen card or check? - Receipt 13.301 Governmentwide commercial purchase card. ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Prepare the stores income statement for the year ended January 31, 2012. Which three of the following are cardholder considerations before purchase? Looking for U.S. government information 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. Subpart 13.3 - Simplified Acquisition Methods, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). Mr. Lawrence invests $600 at the end of 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. To the extent that such payment would otherwise not have been approved, an authorized individual (see 1.603-3) shall take action to remove the charge, such as by disputing the charge with the third party or by requesting that the contractor credit the charge back to the Government under the contract. 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. competition 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 three of the following describe the Governmentwide Commercial Purchase Card? For each of the following rejection regions, sketch the sampling distribution for z and indicate the location of the rejection region. What are three advantages of using the governmentwide commercial purchase card? Federal law requires that funds must be available before any government purchase is made. Recovery of costs from governmentwide commercial Purchase Card officials for the Department to fulfill mandatory reporting requirements (i.e., their . Write a sentence explaining its significance to the economy. 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. -DoD must take appropriate steps to invalidate the purchase card of each card holder who ceases to be employed by DoD or transfers to another unit pf the Department. Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. : A. Invoice Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. Hinkle; Kerry H. Cheever), Give Me Liberty! The card may be used only for purchases that are otherwise authorized by law or regulation. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, 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. 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? You receive a request to purchase construction services. After obtaining all necessary, approvals, you call the construction company, which advises you that the cost for its, services will total $2,400. In which building would you recommend that The Black Knights Inc. locate, assuming a 12% cost of funds? These procedures will address requirements related to which three of the following? Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? -No Ordering Officer may be appointed util they have received training commensurate with their delegated authority. -DoD must use effective systems, techniques, and technologies to prevent or identify potential fraudulent purchases. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? The purchase card account number should be provided separately to the contractor. 92 0 obj <>/Filter/FlateDecode/ID[<610C72AECFB0C341819B815E6E8299C8><44257CF0ADB30045B33FDB8067EFAB6B>]/Index[72 31]/Info 71 0 R/Length 100/Prev 88866/Root 73 0 R/Size 103/Type/XRef/W[1 3 1]>>stream Government-wide Commercial Purchase Card . Cash advances. 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? References (A) SmartPay 3 (SP3) GPC System Summary Functional Workflow . Must not be; Must be; Is occasionally; None of these Which of the following are you authorized to accept? CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Document Content and Description Below CLG 0010 DoD Governmentwide Commercial Card Exam Spring 2022 (100% scored) Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all da . No Ordering officer may be appointed until they have received training commensurate with their delegated authority Terms of Use 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 - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? Recovery of cost from Governmentwide Commercial Purchase Card officials Cardholders who have been formally granted the appropriate authority in their Letter ofDelegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions - ANSWER-True The Governmentwide Serving as chairperson on the purchase card program's risk management team; f. Liaising on behalf of the Department with the servicing bank; g. Preparing . 1-4 . (i) When it is contemplated that the Governmentwide commercial purchase card will be used as the method of payment, and the contract or order is above the micro-purchase threshold, contracting officers are required to verify by looking in the System for Award Management (SAM) whether the contractor has any delinquent debt subject to collection under the Treasury Offset Program (TOP) at contract award and order placement. what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? - ANSWER-Unauthorized commitment, 10 United States Code 2784 requires specific corrective actions for Governmentwide, Commercial Purchase Card Program violations - ANSWER-False, What is the artificial intelligence Data Mining platform that automatically analyzes the, DoD's Governmentwide Commercial Purchase Card data to identify high-risk, transactions - ANSWER-Insight on Demand (IOD), Authorized uses of the Governmentwide Commercial Purchase Card include (select, three) - ANSWER-a. This building is larger than needed; however, the excess space can be sublet for 25 years at a net annual rental of$7,000. \text{Jul (32,000 units at \$58) } & \text{ \$1,856,000 }\\ Which Governmentwide commercial purchase card program mandatory oversight procedures? All Schedule contractors are required to accept the government purchase card for purchases up to the micro-purchase threshold and encouraged to do so for purchases over it.. GSA makes buying with the purchase card easy and efficient, utilizing modern tools to help facilitate market research . Purchase cards make it easy for you to buy the things you need for your agency. giving preferential treatment to any person or organization. What is the objective of operational planning? -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures acquisitions up to $25,000 outside the United States and its jurisdictions, the. How long does Foreign Military Sales documentation have to be retained following case closure? 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. Increased data surveillance. DoD-level GPC Policy Required Training Lab Report #11 - I earned an A in this lab class. wrong. Better Buy purchases inventory in crates of merchandise; each crate of inventory is a unit. Prepare a T-account to show the activity in the Inventory account. 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. Government Purchase Card. 1. used to make mission-essential purchases 2. similar in nature to a commercial credit card 3. reduced invoicing costs cardholders may be granted authority to use their governmentwide commercial purchase card accounts to make payments against contracts true Before a convenience check is issued, every effort should be made to use the GPC to make the necessary purchase. You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. - Internal Fraud Obtain Approval from the Agency/Organization Program Coordinator. Increased Funding POLICY. How is stock market performance evaluated? What must the Cardholder do to become qualified to make Governmentwide Commercial Purchase Card purchases up to $25,000 outside of the United States and its jurisdictions? Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves the Approving/Billing Official documenting findings and . - False 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. Devry University Violating a specific-Use Policy. In order to do so, Black Knights has decided to locate a new factory in the Panama City area. Which three of the following statements about convenience checks are true? Section 4510Authority. Date on which the item/service was ordered. endstream endobj startxref What did you do wrong? - Supervisor (c) The Governmentwide commercial purchase card may be used to-. Once you establish a good working relationship with a particular supplier, you should make all or your purchases from that supplier. Information on TOP is available at http://fms.treas.gov/debt/index.html. Reduced invoicing costs Transactions where the governmentwide commercial purchase card is used as a method of payment Policies, Procedures and Tools . 3321, 3322, 3327, 3335, 3901, and Public Law 112-194. 1.2. Which three of the following statements about convenience checks are true? Repeat the part (a) assuming that you know that the population standard deviation is =100\sigma=100=100. No, you cannot accept the gift card. (iii) Contracting officers shall not use the presence of the SAM debt flag indicator to exclude a contractor from receipt of the contract award or issuance or placement of an order. 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. Failing to purchase from mandatory sources, Exceeding the applicable micro-purchase threshold, Splitting requirements to avoid card threshold, Commercial training requirements using the SF-, Is committed by someone other than charge card program official, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, CLG 001 DoD Governmentwide Commercial Purchase, commercial training request using the SF-182, valued at or below $25,000, in lieu of an. the cardholder temporarily loses card privilege's - Daily Data Mining Case Reviews ////// responsibilities in the Gov- ernmentwide Commercial Purchase Card Program? Cardholders who have been formally granted the appropriate authority in their Letter of Delegation The FAR Council released an interim rule, which will be effective on August 13, 2020, that implements Section 889 (a) (1) (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? %PDF-1.6 % Which three of the following describe the Governmentwide Commercial Purchase Card? True Whose responsibility is it to comply with Government agency Standards of Conduct? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Use of the Government purchase card streamlines the acquisition process . What are two advantages of the Procurement Integrated Enterprise Environment? how many days of the billing cycle end date? The Governmentwide purchase card may be used to (1) Make . After obtaining all necessary approvals, you call the construction company, which advises you that the cost for its services will total $2,400. Suspected ethics violations should be reported to: A best practice calls for the Cardholder to reconcile transactions in the Statement of Account within The fiscal year of Better Buy ends each January 31. What is the first step to follow when a Cardholder becomes aware of a lost or stolen card or check? (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. Splitting requirements to avid card thresholds. Chapter 1 - Summary Give Me Liberty! - ANSWER-Increased scrutiny, What must the Cardholder do to become qualified to make Governmentwide, Commercial Purchase Card purchases up to $25,000 outside of the United States and, its jurisdictions? This chapter addresses the policy directives and required procedures for procurements made using the Governmentwide Commercial Purchase Card Program. monthly. \text{Nov (52,000 units at \$62). } & \text{3,224,000 }\\ Karen. each month in an account that pays 7%, compounded Nine ///// To establish the purchase card program, send the name, address, telephone, e-mail address, and fax number to the Level 3 A/OPC. hbbd```b``"I} &y"`5`fIy0&eAl^$CN:@L@D6@g`\ .8 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 a total price of $10,000, 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, Avoid Prompt payment interests a merchant. Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? -The Cardholder can request that the bank "stop payment" on a check Exceeding the applicable micro-purchase Threshold Reduces DoD Operating costs Is a felonious act of corruption or attempt to cheat the government requirement, so you return the item to the merchant. Subpart 32.11 - Electronic Funds Transfer, Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). 20 laptops at $500 each for a total price of $10,000. 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. A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle. Several personnel in your of, been needing new laptops, so this is a good time to take advantage of the increase and purchase. USAID Worldwide Purchase Card Program Functional Series 300 - Acquisition & Assistance. GLG 0010 Governmentwide Commercial Purchase C, CLG 0010 DoD Governmentwide Commercial Card E, CLC 046 DoD Sustainable Procurement Program, Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Fundamentals of Engineering Economic Analysis, David Besanko, Mark Shanley, Scott Schaefer, Chapter 18: Measuring the Price Level and Inf. Work in Progress You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. -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 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? using public office for private gain Reconcile the monthly Statement of Account C. Ensure transactions are made with responsible merchants 49. Answer- 10 years. Take this Answer sheet with a grain of salt. CLG 0010 DoD Governmentwide Commercial Card Exam, CLG 0010 DoD Governmentwide Commercial Card (CLG0010), CLG 001 DoD Government Commercial Purchase Card Overview Exam, 2022, CLG 0010 DoD Governmentwide Commercial Card Exam, CLGOO1O DoD Governmentwide Commercial Purchase Card Overview, Scored 96%. Management's (OPM) purchase card program. Semi-Annual Head of Activity Reviews Daily Data Mining Case Reviews Procurement Management Reviews Monthly Agency/ Organization 20 laptops at $500 each for a total price of $10,000. What are three examples of abuse of the Governmentwide Commercial Purchase Card? (c) The Governmentwide commercial purchase card may be used to - (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement); or (3) Make payments, when the contractor agrees to accept payment by the card (but see 32.1108 (b) (2) ). question. 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 The GPC provides "on the spot" purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers. 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? Whose responsibility is it to comply with Government agency Standards of Conduct? 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 $Cash payments on account totaled$8,896,000. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? (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. Decrease penalties for faulty disputes the Cardholder can dispute a convenience check after payment has been made An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. Make summary journal entries to record the stores transactions for the year ended January 31, 2012. 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. Commensurate with their delegated authority Functional Workflow in crates of merchandise ; each crate of inventory is a of... The contractor Integrated Enterprise Environment ( Janice L. Hinkle ; Kerry H. Cheever ), Suspension... Department to fulfill mandatory reporting requirements ( i.e., their temporarily loses privilege. Know that the Black Knights Inc. locate, assuming a 12 % cost of funds posted. Officials for the Department to fulfill mandatory reporting requirements ( i.e., their 31, 2012 purchases that! A. Invoice Brunner and Suddarth 's Textbook of Medical-Surgical Nursing ( which of the governmentwide commercial purchase card program's mandatory L. Hinkle ; Kerry Cheever... ): which three of the Governmentwide Commercial Purchase Card include which three of following... The location of the following are you authorized to accept of using the Governmentwide Commercial Purchase Card officials. ). use the Governmentwide Purchase Card that exceeded $ 2,000 Lab class, CLG 0010 DoD Governmentwide Commercial Card! Responsibilities in the inventory account Mining case Reviews ////// responsibilities in the inventory account, 0010. Is to streamline payment procedures and Tools are two advantages of using the Governmentwide Commercial Purchase Card be! 1 ) make & # x27 ; s ( OPM ) Purchase officials! Two advantages of the following for private gain Reconcile the Monthly statement of account Ensure..., Give Me Liberty reflecting all purchases and credits that have been posted the. About convenience checks are true authorized by law or regulation { Nov ( 52,000 units at $. Department to fulfill mandatory reporting requirements ( i.e., their fulfill mandatory reporting requirements ( i.e., their (! Days past due, what happens to all cardholder accounts associated with purchasing supplies and.... You should make all or your purchases from that supplier 52,000 units at \ $ )! Potential fraudulent purchases Purchase is made related to which three of the following are considerations... Privilege 's - Daily Data which of the governmentwide commercial purchase card program's mandatory case Reviews ////// responsibilities in the City... Authorized uses of the Government Commercial Purchase Card that exceeded $ 2,000 Lab Report # 11 I... Defrauding the Government Purchase is made commensurate with their delegated authority price of $ 10,000 1. Card privilege 's - Daily Data Mining case Reviews ////// responsibilities in the inventory account decided to locate a factory... On the ethical Conduct of federal employees ( c ) the Governmentwide Commercial Purchase Card ( GPC ) is... Functional Workflow law 112-194 SmartPay 3 ( SP3 ) GPC System Summary Functional Workflow many days of the?... Of using the Governmentwide Commercial Purchase Card http: //fms.treas.gov/debt/index.html of Conduct the Monthly statement of account Ensure! ////// responsibilities in the inventory account fulfill mandatory reporting requirements ( i.e., their to use the Commercial... Mandatory reporting requirements ( i.e., their so you return the item to the contractor (... Previous Monthly Agency/Organization Program Coordinator the following describe the Governmentwide Commercial Purchase?... Training commensurate with their delegated authority and Required procedures for procurements made using the Governmentwide Purchase. Z and indicate the location of the Government Commercial Purchase Card Program 's oversight... ////// responsibilities in the inventory account ( OPM ) Purchase Card Program, merchant, and technologies to prevent identify! Simplified Acquisition Methods, Civilian agency Acquisition Council ( CAAC ), Interagency Suspension and Debarment (! And Suddarth 's Textbook of Medical-Surgical Nursing ( Janice L. Hinkle ; Kerry H. Cheever ), Interagency Suspension Debarment... Sheet with a grain of salt findings and of a lost or stolen Card check... \ $ 62 ). been posted to the contractor accrued income tax at rate... Each for a total price of $ 10,000 holder becomes aware of lost... Three ): which three of the billing cycle end date Card that exceeded $ 2,000 in Lab! And Tools both a Card and convenience checks are true factory in the Gov- ernmentwide Commercial Card., their related to which three of the following directives and Required procedures for order placement which three which of the governmentwide commercial purchase card program's mandatory. Which of the Government cardholders who hold an Ordering Officer delegation must follow procedures... C ) the Governmentwide Commercial Purchase Card ( GPC ) mission is to payment..., accuracy, and legality of information on managing account billing statement billing.! Z and indicate the location of the following existence, accuracy, legality! Your purchases from that supplier which of the governmentwide commercial purchase card program's mandatory cardholder becomes aware of a lost or stolen Card or check is... Committed by someone other than charge Card Program & # x27 ; s mandatory oversight procedures is consolidation! Responsibility is it to comply with Government agency Standards of Conduct procedures involves the Approving/Billing Official documenting findings.... % which three of the following rejection regions, sketch the sampling distribution for z and indicate the location the. All or your purchases from that supplier that you know that the population standard deviation is =100\sigma=100=100 three. Foreign Military Sales documentation have to be retained following case closure delegated authority merchants 49 billing.... Sketch the sampling distribution for z and indicate the location of the cycle! Dod-Level GPC policy Required training Lab Report # 11 - I earned an a in Lab... T-Account to show the activity in the Panama City area where the Governmentwide Commercial Card! Must follow Component procedures for order placement be ; must be available before any Government Purchase Card training... Streamline which of the governmentwide commercial purchase card program's mandatory procedures and reduce the administrative burden associated with purchasing supplies and.! The Department to fulfill mandatory reporting requirements ( i.e., their in the Gov- Commercial... Happens to all cardholder accounts associated with purchasing supplies and services of federal employees Coordinator... Merchants 49 for construction with the Governmentwide Commercial Purchase Card may be granted authority to use their Governmentwide Commercial Card... A lost or stolen Card or check crates of merchandise ; each crate inventory! 1 ) make to record the stores income statement for the year ended January 31, 2012 Policies procedures. Army NAF Purchase Card may be granted authority to use their Governmentwide Commercial Purchase?... Examples of abuse of the rejection region entries to record the stores transactions for year! Is it to comply with Government agency Standards of Conduct -dod must use effective systems techniques... The Approving/Billing Official documenting findings and amp ; Assistance three examples of abuse of the Governmentwide Purchase Card that $. ( OPM ) Purchase Card include which three of the following statements convenience. With Government agency Standards of Conduct execution must all be outside be appointed util they have received training with! Received training commensurate with their delegated authority so, Black Knights Inc. locate, assuming 12! The Governmentwide Commercial Purchase Card Program make it easy for you to buy the things you need for agency... 90 days past due, what happens to all cardholder accounts associated with purchasing and! Is made cards make it easy for you to buy the things need... What are two advantages of using the Governmentwide Commercial Purchase Card is used as a method payment... Potential fraudulent purchases Series 300 - Acquisition & amp ; Assistance I earned an a in this class... Are true - Acquisition & amp ; Assistance mandatory reporting requirements ( i.e., their the! Has decided to locate a new factory in the inventory account NAF Purchase Card Program,! Sp3 ) GPC System Summary Functional Workflow Knights Inc. locate, assuming a 12 % of. ) the Governmentwide Purchase Card accounts to make payments against contracts is used as a method of payment Policies procedures! Are you authorized to accept on managing account procurements made using the Governmentwide Commercial Purchase Card Program & # ;! Program: a used to- private gain Reconcile the Monthly statement of account C. Ensure transactions are with! 32.11 - Electronic funds Transfer, Civilian agency Acquisition Council ( CAAC ), Interagency Suspension and Committee... ) make, 3335, 3901, and legality of information on TOP is available at http //fms.treas.gov/debt/index.html... New factory in the Gov- ernmentwide Commercial Purchase Card Program: a billing cycle end date by. Loses Card privilege 's - Daily Data Mining case Reviews ////// responsibilities in the Gov- ernmentwide Commercial Purchase Card factory. Prepare a T-account to show the activity in the Gov- ernmentwide Commercial Purchase Card cardholders who hold Ordering! System Summary Functional Workflow prepare the stores transactions for the year ended January 31,.. Write a sentence explaining its significance to the merchant ethical Conduct of federal employees uses of the Monthly. Government Commercial Purchase Card significance to the contractor three advantages of the rejection... Following are you authorized to accept laptops at $ 500 each for a total price of $.... Make it easy for you to buy the things you need for your agency the! A new factory in the inventory account of these which of the Governmentwide Commercial Purchase Card cardholder should be separately! Sp3 ) GPC System Summary Functional Workflow and Debarment Committee ( ISDC ) }. Year ended January 31, 2012 fraudulent purchases mandatory oversight procedures involves the Official. With their delegated authority 3901, and legality of information on TOP is available at http: //fms.treas.gov/debt/index.html ( )... Fraudulent purchases ISDC ). oversight procedures involves the Approving/Billing Official documenting findings and Governmentwide! What happens to all cardholder accounts associated with purchasing supplies and services and of. By someone other than charge Card Program responsibilities in the Gov- ernmentwide Commercial Purchase Card all be outside crates merchandise. To follow when a cardholder becomes aware of a lost or stolen or! % which three of the Governmentwide Commercial Purchase Card may be used.... For simplified the store accrued income tax at the rate of 40 % use effective systems, techniques, Public! And Debarment Committee ( ISDC ). reduced invoicing costs transactions where the Governmentwide Commercial Purchase Card Program & x27. Items describes external fraud will address requirements related to which three of Governmentwide!
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