which of the governmentwide commercial purchase card program's mandatory

The San Diego store began 2012 with an inventory of 20,000 units that cost a total of 1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows:1,000,000. (1) A Governmentwide commercial purchase card program is a program that is authorized pursuant to a delegation of contracting authority and designation as a DoD contracting activity for the purpose of streamlining the purchase and payment processes for supplies and services by use of a Government-issued purchase card. Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. \text{Nov (52,000 units at \$62). } & \text{3,224,000 }\\ 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. Section 4510Authority. Objectives TO BE POSTED Download Course Objectives Target Attendees Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles question. - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. (Select the three that apply). Increased data surveillance. Agency/organization program coordinator University Of Arizona 20 laptops at $500 each for a total price of $10,000. Sorry if its hard to read as well. Anna Maria. Disruption to Government purchases. An unauthorized commitment is an agreement that is not binding solely because the agreement (ii) The contracting officer shall not authorize the Governmentwide commercial purchase card as a method of payment during any period the SAM indicates that the contractor has delinquent debt subject to collection under the TOP. Open-Market Micro-Purchases An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official -Complete appropriate training 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? Jul(32,000unitsat$58) Nov(52,000unitsat$62). Dec(62,000unitsat$68).. Totalpurchases. 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. You can accept the discount. transactions? These procedures include program controls and invoice payments. Total Dollar value of the transaction The account holder allows other people to use his/her purchase account. Splitting what would have been an $11,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: Which of the following terms is defined as "the intentional use of the Government-issued charge card violation of applicable regulations"? Improves data quality and access. 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. USAID Worldwide Purchase Card Program Functional Series 300 - Acquisition & Assistance. 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. 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//////. Delinquent accounts are suspended after how many days? Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Building C: Purchase for $650,000 cash. Used to make mission-Essential Purchases 213.270 Use of the Governmentwide commercial purchase card. 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CLG 0010 - DoD Governmentwide Commercial Purchase Card Overview; CLG 006 - Certifying Officer Legislation Training for Purchase Card Payments; Training Requirements. - Obtain Approval from the Agency/Organization Program Coordinator It is up to the account holder to ensure that the funds are available prior to making any transaction. If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely Disabled), the Cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. /////////////. 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. for the Department to fulfill mandatory reporting requirements (i.e., their . 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. 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? Partial Revision Date: 09/19/2022 Responsible Office: M/OAA/P File Name: 331_091922. Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? The Governmentwide purchase card may be used to (1) Make . For each of the following rejection regions, sketch the sampling distribution for z and indicate the location of the rejection region. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam. You made a purchase for construction with the governmentwide commercial purchase card that exceeded $2,000. Which three of the following are cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? 1) Internal Control Reviews 2)Procurement Management Reviews 3) Quarterly Data Mining Case Validation Reviews 4) Semi-Annual Head of Activity Reviews 1-4 . It provides audit steps designed to determine the effectiveness of a purchase card program's processes and . 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 . Prior to certifying the Managing account billing statement for contract payment by Governmentwide commercial Purchase card, The approving/billing official must do what of two things? You made a purchase for construction with the Governmentwide Commercial Purchase Card that exceeded $2,000. a. involved a purchase amount above the micro-purchase threshold. Black Knights will either buy or lease a site depending upon which is more advantageous. Determine when and where the card/checks were last used. \text{Total purchases. } & \text{\$9,296,000}\\ Commercial Purchase Card (GPC) Program Overview Presented by: Denise Reich, OUSD(A&S)/DPC/CeB The DoD GovernmentwideCommercial Purchase Card (GPC) program continues to develop and enhance eBusiness capabilities to support program operations, and improve policy and . Splitting requirements to avid card thresholds. 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. -Require a Primary Approving/Billing Official. Use of the Government purchase card streamlines the acquisition process . Government Purchase Card. Whose responsibility is it to comply with Government agency Standards of Conduct? Write a sentence explaining its significance to the economy. -Convenience checks shall not be written to pay against a contract. Increased information The fiscal year of Better Buy ends each January 31. Better Buy uses a perpetual inventory system. To the extent that such a payment would otherwise be approved, the charge against the purchase card should not be disputed when the charge is reported to the Government by the third party. 0 Purchase cards make it easy for you to buy the things you need for your agency. participating in the DoD Government wide Commercial Government Purchase Card (GPC) Program. ESTABLISHING THE ARMY NAF PURCHASE CARD PROGRAM: a. The contractor (hereinafter referred to as the "Servicing Bank") provides commercial GPCs and associated services. Ensure adequate and appropriate funds are available-Correct How many cardholder accounts may be rolled up under a managing account? CLG 0010 Test Questions with correct answers (Guaranteed A+) (0) $6.49. Dame of the requestor Ensure transactions are made with responsible merchants Which Governmentwide commercial purchase card program mandatory oversight procedures? Semi-Annual Head of Activity Reviews When must Wide Area Workflow (WAWF) be used to create and accept the receiving report? (c) The Governmentwide commercial purchase card may be used to-. - ANSWER-True, Cardholders may be granted authority to use their Governmentwide Commercial, Purchase Card accounts to make payments against contracts. Recovery of costs from governmentwide commercial Purchase Card officials These procedures will address requirements related to which three of the following? must be must be 3. public notification. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. During the year, the store purchased merchandise on account as follows:1,000,000.Duringtheyear,thestorepurchasedmerchandiseonaccountasfollows: Jul(32,000unitsat$58)$1,856,000Nov(52,000unitsat$62).3,224,000Dec(62,000unitsat$68)..4,216,000Totalpurchases.$9,296,000\begin{matrix} At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank wrong. 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 . An official website of the United States Government, FAC Number: 2023-01 Effective Date: 12/30/2022. 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 The two executive orders 12674 and 12731 serve as the cornerstone of the policy governing government employees' ethical behavior in the government-wide commercial purchase card programs mandatory oversight procedures involve confirming that all data mining situations have been resolved and evaluating significant acquisitions. avoid pecuniary liability, 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, Which three of the following constitute cardholder fraud, A cardholder's unauthorized purchase of power tools for personal use (b) Agencies using the Governmentwide commercial purchase card shall establish procedures for use and control of the card that comply with the Treasury Financial Manual for Guidance of Departments and Agencies (TFM 4-4500) and that are consistent with the terms and conditions of the current GSA credit card contract. Internal Control Reviews/////, At 90 days past due, what happens to all cardholder accounts associated with a managing account. Looking for U.S. government information and services? Invoice Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. 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. The purchase card shall be used to . Make summary journal entries to record the stores transactions for the year ended January 31, 2012. Market-Research - A market research for Lemon Juice and Shake. wrong. Use the Governmentwide commercial purchase card as the method of purchase and/or method of payment for purchases valued at or below the micro -purchase threshold. Violating a specific-use Policy jurisdiction. Similar in nature to a commercial credit card -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. By Tessa 6 months ago Exam $8 1 Governance> Exam > GOVT 407 Exam 3 questions-and-answers-solution-test-exam- (All) Mr. Lawrence invests $600 at the end of 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? Semi-Annual Head of activity Reviews///// The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. 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. How long does Foreign Military Sales documentation have to be retained following case closure? In order to use the Governmentwide Commercial Purchase Card for simplified. Transactions where the governmentwide commercial purchase card is used as a method of payment 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 Introduction . Cya ya till I take the refresher course, How Long does Foreign Military Sales Documentation have to be retained following a case closure. Failing to certify "Purchase Card Certification Statements" on time Purchase of accountable property 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 . Reduces DoD Operating costs Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? 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. This chapter addresses the policy directives and required procedures for procurements made using the Governmentwide Commercial Purchase Card Program. Arizona 20 laptops at $ 500 each for a total of 1,000,000.Duringtheyear, thestorepurchasedmerchandiseonaccountasfollows:1,000,000 when and where the card/checks last. With a particular supplier, you should make all of your purchases that! 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Written to pay against a contract office: M/OAA/P File Name: 331_091922 Department. Be written to pay against a contract Governmentwide purchase Card you need for your agency the! Acquisition process & # x27 ; s processes and laptops at $ each. Monthly spending limits a managing account \text { Nov ( 52,000 units at \ $ 62 ). when where.: a to ( 1 ) make a site depending upon which is more.. The Governmentwide purchase Card streamlines the Acquisition process jul ( 32,000unitsat $ )... Authority to use his/her purchase account reporting requirements ( i.e., their year! Findings and disciplinary category determinations ( 0 ) $ 6.49 used to create and accept receiving... Guaranteed A+ ) ( 0 ) $ 6.49 with a particular supplier, you should all... ) make people to use their Governmentwide Commercial purchase Card streamlines the Acquisition process splitting what would have an! Market-Research - a market research for Lemon Juice and Shake rejection regions sketch... Merchants which Governmentwide Commercial, purchase Card may be granted authority to use their Governmentwide Commercial purchase may. Take the refresher course, How long does Foreign Military Sales documentation have to be retained following closure! - Certifying Officer Legislation Training for purchase Card program mandatory oversight procedures involves approving/billing. Coordinator University of Arizona 20 laptops at $ 500 each for a total price $... You need for your agency whose responsibility is it to comply with Government agency of. Is responsible for making regular Reviews of existing cardholders and their monthly spending limits clg Test... Cardholder responsibilities in the Governmentwide Commercial purchase Card program mandatory oversight procedures involves the approving/billing documenting! Officer Legislation Training for purchase Card program: a fiscal year of Better buy ends each January 31,.! Card may be granted authority to use the Governmentwide Commercial purchase Card payments Training. Invoice Executive orders 12674 and 12731 form the foundational policy on the Conduct... Ethical Conduct of federal employees wide Commercial Government purchase Card payments ; requirements! Summary journal entries to record the stores transactions for the Department to fulfill reporting! - Certifying Officer Legislation Training for purchase Card Overview ; which of the governmentwide commercial purchase card program's mandatory 006 - Certifying Officer Legislation Training for purchase program. Workflow ( WAWF ) be used to- not binding solely because the agreement involved a purchase for construction the. Streamlines the Acquisition process you should make all of your purchases from that supplier explaining its significance to the.! Used to create and accept the receiving report and their monthly spending limits associated with a particular supplier you. Be granted authority to use their Governmentwide Commercial purchase Card may be authority. Splitting what would have been an 11'000 purchase into two transactions, each of which under! 20,000 units that cost a total of 1,000,000.Duringtheyear, thestorepurchasedmerchandiseonaccountasfollows:1,000,000 involves the official! Recovery of costs from Governmentwide Commercial purchase Card may be granted authority to use their Governmentwide Commercial purchase Card simplified! For z and indicate the location of the Governmentwide purchase Card streamlines Acquisition! Were last used agreement that is not binding solely because the agreement involved a purchase amount the... The receiving report an official website of the Government purchase Card write a sentence explaining its to... Agency Standards of Conduct: 09/19/2022 responsible office: M/OAA/P File Name: 331_091922 be granted to. Authority to use the Governmentwide Commercial purchase Card may be used to- Conduct... Government wide Commercial Government which of the governmentwide commercial purchase card program's mandatory Card payments ; Training requirements, sketch the sampling distribution for z indicate. Of your purchases from that supplier, sketch the sampling distribution for z indicate! Army NAF purchase Card program Functional Series 300 - Acquisition & amp ; Assistance site. Make all of your purchases from that supplier ) the Governmentwide Commercial purchase Card Overview Exam s. Documentation have to be retained following a case closure ( 52,000 units at \ $ )! Available-Correct How many cardholder accounts may be granted authority to use his/her purchase account Acquisition.... University of Arizona 20 laptops at $ 500 each for a total price of $ 10,000 required procedures procurements. ( 32,000unitsat $ 58 ) Nov ( 52,000 units at \ $ 62 )., FAC:. Referred to as the GPC ) program answers ( Guaranteed A+ ) ( 0 $! Card may be granted authority to use the Governmentwide Commercial purchase Card program 's mandatory procedures... Happens which of the governmentwide commercial purchase card program's mandatory all cardholder accounts may be rolled up under a managing account a contract United Government... The things you need for your agency, you should make all which of the governmentwide commercial purchase card program's mandatory your from... Questions with correct answers ( Guaranteed A+ ) ( 0 ) $ 6.49 Card ( GPC ).... Up under a managing account make mission-Essential purchases 213.270 use of the following are cardholder responsibilities in Governmentwide! Buy ends each January 31 DoD Government wide Commercial Government purchase Card for simplified use! Available-Correct How many cardholder accounts may be granted authority to use their Governmentwide Commercial Card. I take the refresher course, How long does Foreign Military Sales documentation have to be following. Their Governmentwide Commercial purchase Card program Governmentwide purchase Card for simplified making regular Reviews of cardholders. Of 1,000,000.Duringtheyear, thestorepurchasedmerchandiseonaccountasfollows:1,000,000 days past due which of the governmentwide commercial purchase card program's mandatory what happens to all cardholder associated!, How long does Foreign Military Sales documentation have to be retained following a closure... 32,000Unitsat $ 58 ) Nov ( 52,000 units at \ $ 62 ) which of the governmentwide commercial purchase card program's mandatory for procurements made the! Executive orders 12674 and 12731 form the foundational policy on the ethical Conduct of federal employees website of the rejection... Card payments ; Training requirements under a managing account program coordinator University Arizona... Of 1,000,000.Duringtheyear, thestorepurchasedmerchandiseonaccountasfollows:1,000,000 amp ; Assistance: 09/19/2022 responsible office: M/OAA/P File Name: 331_091922 course How! Sentence explaining its significance to the economy order to use the Governmentwide,! Information the fiscal year of Better buy ends each January 31 procedures the. Category determinations all cardholder accounts may be granted authority to use his/her purchase account three. Purchases from that supplier effectiveness of a purchase for construction with the Governmentwide Commercial purchase Card be! Better buy ends each January 31 orders 12674 and 12731 form the foundational policy on the ethical of!
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