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Exam (elaborations)

CLG (questions & answers)

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  • Course
  • CDFM - Certified Defense Financial Manager
  • Institution
  • CDFM - Certified Defense Financial Manager

CLG (questions & answers)

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  • September 22, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CDFM - Certified Defense Financial Manager
  • CDFM - Certified Defense Financial Manager
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Professorkaylee
CLG 0010 2023 (questions & answers)

Agency/Organization Program Coordinator (A/OPC) ANS -Manages and oversees CH and Managing
Accounts



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



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



Resource Manager (RM) ANS -Provides appropriate GPC account funding



Cardholder (CH) ANS -Is issued a GPC cardholder account



Which characteristic describes the GPC business model? ANS -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.) ANS -Expedited payment to merchant; Increased likelihood of the merchant doing business with
the Government; Reducing invoicing costs



Authorized DoD GPC Uses: ANS -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 ANS -Use of the GPC to streamline micro-purchases and payment for
mission-essential supplies and services



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

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



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



Overseas purchases up to $25,000 ANS -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: ANS -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 ANS -Ensure transactions are made with responsible merchants in
accordance with Component instructions



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



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



Supervisor Responsibility ANS -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. ANS -False



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

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