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CLG Exam 0010 solution spring -2022 latest 95 % correct guaranteed grade +A

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Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? Abuse Which three of the following are advantages of ... using the Governmentwide Commercial Purchase Card? Quicker Payments Increased Funding Increased Information What are three authorized uses of the Governmentwide Commercial Purchase Card? a. Open-market micro-purchases. b. Contract payments. c. Ordering Officer purchases and payments Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? Certifying Officer What are two advantages of the Procurement Integrated Enterprise Environment? Improves Data Quality and Access Reduces DoD Operating Costs Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. What are three violations of these orders? All except Making authorized commitments When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase Construction services over $2,000 Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. False Authorized uses of the Governmentwide Commercial Purchase Card include: Ordering Officer purchases and payments Commercial training requirements using the SF-182 Existing Government contracts Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? a. Interest penaltiesb. Automatic suspension of accountsc. Disruption to Government purchases 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 used. 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 True Suspected ethics violations should be reported to: The Supervisor 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 Decrease penalties for faulty disputes 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 Semi-Annual Head of Activity Reviews [Show More]

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