What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? TO6 EO3
Notify all affected parties
TO5 EO5
... [Show More] Frustrated frieght may never reach the intended recipient.
True
TO6 EO1 Which of the following is an agreement that is not bonding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the Government?
Unathorized Commitment
TO2 EO4 Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?
Disruption to Gov purchases; automatic suspension of accounts; interest penalties
Which three of the following statements are true? TO5 EO3
Ordering officer appointments distinct from Government Commercial Purchase Card Cardholder appointments; Ordering officers are established to provide DOD components with the ability to make purchases.... ; No Ordering officer may be appointed until they have received training.....
Which three of the following statements about convince checks are true? TO5 EO1
Funds must be available to cover the check value and the banks processing fee; the CH can request that the bank stop payment on a check; convenience checks must be secured in a locked container
The GPC ________ used as the method of payment for commercial training using the SF182, valued at or below $25,000 in lieu of an employee reimbursement by miscellaneous payment. TO5 EO4
must be
Which three of the following are CH considerations before purchase? TO3 EO2
Ensure adequate and appropriate funds are available; Determine if any special requirements or approvals are required; Check for availability from required sources
Which three constitute CH fraud? TO6 EO2
A CH unauthorized purchase of 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
Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the GPC to make simplified acquisition ls up to $25000 outside the US and its jurisdictions. TO5 EO2
True
Whose responsibility is it to comply with Government agency Standards of Conduct? Select 3 that apply TO6 EO4
Agency/Org program Coordinator; Approving/Billing officer; Supervisor
What are three authorized uses of thr GPC? TO1 EO2
Open market micro-purchase; Contract payments; Ordering Officer purchases and payments
A best practice calls for the CH to reconcile transactions in the statement of account within how many days of the billing cycle end date? TO1 EO3
3
Which 2 statements about Managing Accounts are true? TO2 EO3
Are used to roll up CH accounts; Require a primary Approving/Billing official
Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? TO1 EO4
Certifying Officer
What are three examples of misuse of the GPC? TO7 EO1
Violating a specific use policy; Failing to certify Purchase Card Certification Statements on time; Unintentionally purchasing excessive quantities of an item with limited shelf life
The law requires the DoD to recover cost from GPC officials who have been using the GPC for illegal, improper, or erroneous purchases. TO7 EO2
True
DoD policy allows for GPC Billing Statement certification prior to verification that all items submitted for payment have been received in order to (select 3) TO4 EO2
Decrease penalties for faulty disputes; Avoid prompt payment interest; Allow for maximum refunds [Show Less]