Clg 0010| stuvia - Study guides, Class notes & Summaries

Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? - ANSWERSDaily Data Mining Case Reviews ////// Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained following a case closure - ANSWERS6 Years and 3 Months //////// 8Years//// 6...

Which of the following terms is defined as "the intentional use of the Government-issued charge card in violation of applicable regulations"? - ANSWERSAbuse Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? - ANSWERSQuicker Payments Increased Funding Increased Information Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? - ANSWERSCertifying Officer ...

What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? - ANSWERSInternal Fraud If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? - ANSWERS90 Which of the following is an agreement that is not binding solely because the Government representative who made it...

Authorized uses of the Governmentwide Commercial Purchase Card include (select three) - ANSWERSExisting Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated Enterprise Environment? - ANSWERSReduces DoD operating costs Improved data quality and access An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the m...

Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? TO4.E01 - ANSWERSApproving/Billing Official Which three of the followin describes the Governmentwide Commercial Purchase Card? TO1.E01 - ANSWERS-Used to make mission-essential Purchases -Reduced invoicing costs -Similar in nature to a commercial credit card Who is the individual responsible for ensuring the existence, accuracy, and legalit...

Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? - ANSWERS#Increased information #Quicker payments #Earn refunds Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves validating that all Data Mining cases are closed and assessing the key purchasing and management internal controls? - ANSWERSConduct Daily Data Mining (OM) Case Reviews to prevent and identify improper purchases. • Complete a...

Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? - ANSWERSDaily Data Mining Case Reviews ////// Semi-annual head of activity reviews//// Procurement Management Reviews/////// How Long does Foreign Military Sales Documentation have to be retained following a case closure - ANSWERS6 Years and 3 Months //////// 8Years//// 6...

Authorized uses of the Governmentwide Commercial Purchase Card include (select three) - ANSWERSExisting Government contracts Ordering Officer purchases and payments Commercial training requirements using the SF-182 What are 2 advantages of the Procurement Integrated Enterprise Environment? - ANSWERSReduces DoD operating costs Improved data quality and access An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the m...

What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? - ANSWERSInternal Fraud If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? - ANSWERS90 Which of the following is an agreement that is not binding solely because the Government representative who made it...

Which three of the following are advantages of using the Governmentwide Commercial Purchase Card? - ANSWERS#Increased information #Quicker payments #Earn refunds Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures involves validating that all Data Mining cases are closed and assessing the key purchasing and management internal controls? - ANSWERSConduct Daily Data Mining (OM) Case Reviews to prevent and identify improper purchases. • Complete a...