GLG 0010 /Governmentwide Commercial Purchase Card Overview Exam/51 Questions With Correct Answers

What are three examples of abuse of the Governmentwide Commercial Purchase Card? - ️️-Splitting requirements to avoid card thresholds -Violating a specific-use policy -Exceeding the applicable micro-purchase threshold wrong Which three of the following constitute Cardholder fraud? - ️️-A Cardholder's unauthorized purchase of power tools for personal use -Purchasing items or extra quantity of items for resale or to give away to relatives -Paying for repairs of privately owned equipment Which three of the following describe the Governmentwide Commercial Purchase Card? - ️️-Reduced invoicing costs -Similar in nature to a commercial credit card -Used to make mission-essential purchases What are two advantages of the Procurement Integrated Enterprise Environment? - ️️-Reduces DoD operating costs -Improves data quality and access 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 used wrong