Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed
... [Show More] and assessing the key purchasing and management internal controls?
Daily Data Mining Case Reviews //////
Semi-annual head of activity reviews////
Procurement Management Reviews///////
How Long does Foreign Military Sales Documentation have to be retained following a case closure
6 Years and 3 Months ////////
8Years////
6 Years//////
10 Years
An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold.
False
Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions?
Receipt
Invoice
Which three of the following are cardholder considerations before purchase?
Obtain Approval from the Agency/Organization Program Coordinator
Ensure adequate and appropriate funds are available-Correct
Determine if any special requirements or approvals are required.-Correct
Check for availability from required sources-Correct
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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.
Internal Fraud
Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is:
Strictly Prohibited
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?
Frustrated Freight
Whose Responsibility is it to comply with government agency standards of conduct? (Select the three that apply)
Supervisor
Approving/Billing officer
Agency/Organization Program Coordinator
The Governmentwide commercial Purchase card ______ used as the method of payment for commercial training requests using the SF-182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment.
Must be
According to 10 united states code 2784, which two of the following could result from a governmentwide commercial purchase card program violation?
Recovery of costs from governmentwide commercial Purchase Card officials
Increased data surveillance
Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts are subject to what?
Increased Scrutiny
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
Name of the requestor
Total Dollar Value of the transaction
Date on which the item/service was ordered
How many cardholder accounts may be rolled up under a managing account?
Nine /////
Five/////
Which three of the following are advantages of using the Governmentwide commercial purchase card?
Increased information
Quicker Payment
Increased Funding
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What are three authorized uses of the Governmentwide Commercial Purchase Card?
Open-Market Micro-Purchases
Ordering officer purchases and payments
Contract payment
Commercial Training requirements using the SF-182-New
Component Procedures may authorize DOD Governmentwide commercial Purchase Card ordering officers to make purchases up to the simplified acquisition threshold in which three of the following cases?
At or below the micro-purchase Threshold from any vendor-Correct
At or below the micro-purchase threshold against federal supply schedule contracts, fedmall, or other ordering systems that are authorized in component procedures.-Blank
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. ///- This one is correct/
Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles
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What is the artificial intelligence data mining platform that automatically analyzes the DOD' Governmentwide commercial Purchase card data to identify high-risk transactions
Insight on Demand (IOD)
What are three examples of abuse of the Governmentwide Commercial Purchase Card?
Violating a specific-use Policy
Exceeding the applicable micro-purchase Threshold
Splitting requirements to avid card thresholds [Show Less]