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(96% Scored) CLGOO1O DoD Governmentwide Commercial Purchase Card Overview $13.89   Add to cart

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(96% Scored) CLGOO1O DoD Governmentwide Commercial Purchase Card Overview

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96% CLGOO1O DoD Governmentwide Commercial Purchase Card Overview 1. Failure to certify a Managing Account Billing Statement in a timely manner results in what three things? 2. The Governmentwide Commercial Purchase Card __ used as the method of payment for commercial training requests using the SF-...

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  • April 12, 2022
  • 3
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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1. Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?
Disruption to Government purchases
Interest penalties
Automatic suspension of accounts

2. 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

3. What is the first step to follow when a Card holder becomes aware of a lost or stolen card or check?
Notify all affected parties.

4. Which two statements about Managing Accounts are true?
Require a Primary Approving/Billing Official
Are used to roll up Cardholder accounts

5. Which of the Governmentwide Commercial Purchase card Program's mandatory oversight procedures involves the Approving/Billing Official
documenting findings and disciplinary category determinations?
Daily Data Mining Case Reviews

6. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement. These procedures will address
requirements related to which three of the following?
Competition
Public notification
Small business

7. If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely
Disabled), the Card holder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory
source.
True

8. Which three of the following statements about convenience checks are true?
Convenience checks must be secured in a locked container.
Funds must be available to cover the check value and the bank's processing fee.
The Cardholder can request that the bank. "stop payment· on a check.

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