Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review?
... [Show More] TO4.E01 - correct answer Approving/Billing Official
Which three of the followin describes the Governmentwide Commercial Purchase Card? TO1.E01 - correct answer -Used to make mission-essential Purchases
-Reduced invoicing costs
-Similar in nature to a commercial credit card
Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement?T01.E04 - correct answer Approving/Billing Official
The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to support declared contingency operations in Afghanistan. Several personnel in your office have been needing new laptops, so this is a god time to take advantage of the increase and purchase 20 laptops at $500 each, for a total price of $10,000. T03.E01 - correct answer True
Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. T03.E02 - correct answer False
What is he Procurement Integrated Enterprise Environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointments? T02.E01 - correct answer Joint Appointment Model (JAM)
If Commercial, door-to-door shipping is not available for a Governmentwide Commercial Purchase Card purchase to be shipped overseas. the Cardholder must: T05.E05 - correct answer Coordinate with their transportation service support office before initiating the transaction.
According to 10 United States Code 2784, Which two of he following could result from a Governmentwide Commercial Purchase Card Program violation? T07.E02 - correct answer Adverse Personnel Actions
Recovery of costs from Governmentwide Commercial Purchase Card officials
When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchase...T06.E01 - correct answer Construction services over $2,000
What is the Cardholder Statement of Account? T04.E02 - correct answer 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.
In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? T01.E03 - correct answer Name of requester
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? T02.E03 - correct answer Seven
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?T05.E02 - correct answer Cardholder must receive customized training
Executive Order 12674 and 12731 form the foundational policy on the ethical conduct of Federal employees. What are three violations of these Executive Orders?T06.E04 - correct answer Defrauding the Government
Giving preferential treatment to any person or organization
Using public office for private gain
Which of the Governmetnwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews?T02.E02 - correct answer Semi-Annual Head of Activity Reviews
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? T05.E03 - correct answer -At or below the micro-purchase threshold against Federal Supply Schedule contracts, FedMall, or other ordering systems that are authorized in Component procedures.
-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 GPC.
-Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles.
Which of the following is an appropriate circumstance for using a convenience check? T05.e01 - correct answer When a merchant does not accept payment by credit card.
If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how man days of the transaction date?T06.E03 - correct answer 90
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 be miscellaneous payment. T05.E04 - correct answer must be
Authorized uses of the Governmentwide Commercial Purchase Card include which three of the following? T01.E02 - correct answer open market micro-purchase
Overseas purchases up to 25000
payment against an existing contract
What are three examples of misuse of the Governmentwide Commercial Purchase Card? T07.E01 - correct answer failing to certify Purchase Card Certification Statements" on time
Violating a specific-use policy
Unintentionally Purchasing excessive quantities of an item with limited shelf life
Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04 - correct answer Disruption to Government Purchases
Interest penalties
Automatic suspension of accounts
Which three of the following constitute Cardholder fraud? T06.E02 - correct answer -Purchasing power tools for personal use
-Paying for repairs of privately owned equipment
-Purchasing items or extra quantity of items for resale or to give away to relatives. [Show Less]