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Exam (elaborations)

CLG 0010 EXAM

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Exam study book Testability Concepts for Digital ICs of F.P.M. Beenker, R.G. Bennetts, A.P. Thijssen - ISBN: 9781461523659 (CLG 0010 EXAM)

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  • October 11, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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CLG 0010 EXAM LATEST WITH COMPLETE SOLUTION 150
QUESTIONS AND CORRECT ANSWERS
Agency/Organization Program Coordinator (A/OPC) - ANSWER: Manages and
oversees CH and Managing Accounts

Approving/Billing Official (A/BO) - ANSWER: Reviews and approves GPC Managing
Account Invoices and transaction supporting data for compliance

Certifying Officer - ANSWER: Reviews Managing Account invoices in accordance with
DoD Financial Management Regulation (DoD FMR) requirements

Resource Manager (RM) - ANSWER: Provides appropriate GPC account funding

Cardholder (CH) - ANSWER: Is issued a GPC cardholder account

Which characteristic describes the GPC business model? - ANSWER: Similar to a
commercial credit card

What are the advantages to using a GPC instead of other forms of payment? (Select
the three that apply.) - ANSWER: Expedited payment to merchant; Increased
likelihood of the merchant doing business with the Government; Reducing invoicing
costs

Authorized DoD GPC Uses: - ANSWER: Contract payments; Open-market micro
purchases; Payments for training requirements on approved Standard Form (SF) 182;
Ordering Officer purchases; Overseas purchases up to $25,000

Open-market micro-purchases - ANSWER: Use of the GPC to streamline micro-
purchases and payment for mission-essential supplies and services

Ordering Officer purchases and payments - ANSWER: Use of the GPC against existing
Government contracts

Contract payments - ANSWER: Use of the GPC above the micro-purchase threshold
as a payment vehicle against existing Government contracts

SF-182 training payments - ANSWER: Mandated method for payment for
requirements using SF-182 up to $25,000

Overseas purchases up to $25,000 - ANSWER: Used outside the U.S. for purchases
exceeding the micro-purchase threshold but not exceeding $25,000

Sort the GPC Program Process steps in chronological order: - ANSWER: Identify the
requirement and ensure it fulfills a mission-essential need; Determine whether the

, specific funding type is available; Document the purchase file; Merchant transmits
the GPC transaction for processing; A/BO reviews transactions and supporting
documentation and signs the approval statement

Cardholder (CH) Responsibility - ANSWER: Ensure transactions are made with
responsible merchants in accordance with Component instructions

Certifying Officer Responsibility - ANSWER: Promptly certify that GPC Managing
Account (MA) Billing Statements are legal and proper for payment

Resource Manager (RM) Responsibility - ANSWER: Coordinate with the
Agency/Organization Program Coordinator (A/OPC) to review and adjust spending
limits

Supervisor Responsibility - ANSWER: Take appropriate personnel action(s) against
individuals committing GPC misuse, abuse, or fraud

An Approving/Billing Official (A/BO) is authorized to be a Cardholder (CH) under the
same Managing Account (MA) for which they are an A/BO. - ANSWER: False

A Cardholder (CH) may allow someone else to use their card or card number to place
orders and make purchases or payments. - ANSWER: False

Before a convenience check is issued, every effort should be made to use the GPC to
make the necessary purchase. - ANSWER: True

A Cardholder (CH) can use the GPC to buy items or services for personal use, such as
file folders for their home, clothing, and electronics. - ANSWER: False

Whom do you contact if you are not clear about GPC processes for your
organization? - ANSWER: The Agency/Organization Program Coordinator (A/OPC)
supporting your organization

Delinquent accounts are suspended after how many days? - ANSWER: 180 days past
due

A reinstatement fee may be incurred on suspended accounts. The incurred cost may
be which of the following? - ANSWER: $25

Who should determine limits for Cardholder (CH) accounts? (Select the three that
apply.) - ANSWER: Approving/Billing Official (A/BO); Comptroller - Financial/Resource
Manager (RM)/Budget Office or Other Fund Manager; CH's Supervisor

Delinquencies are a potential indicator of which of the following? - ANSWER: Misuse,
abuse, and/or fraud.

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