Commercial Law > QUESTIONS & ANSWERS > GSA SmartPay Purchase Account (Account Holders). Questions with accurate answers. Rated A+ (All)
If your agency permits, convenience checks may be used instead of a traditional purchase card when - Ans-The merchant does not accept a traditional purchase card. Which of the following are NOT req... uired for purchase account records? - Ans-The contact information for the merchant's bank. It is your responsibility to dispute questionable charges. If you don't, you (the account holder) will be held personally liable for the amount of the questionable charge. - Ans-True A purchase account can be used for which of the following purposes? - Ans-Purchase of office supplies under the micro-purchase threshold. When making a purchase, an account holder was recently informed by the merchant that the purchase account has been suspended, who should the account holder contact to address this matter? - Ans-The Agency/Organization Program Coordinator (A/OPC All of the following are responsibilities of a purchase account holder EXCEPT: - Ans-Paying the bank invoice on approved purchases ________discounts is the term used to describe automatic discounts that merchants apply at the time of a sale when you use your purchase account to make a purchase. - Ans-Point of Sale [Show More]
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