Clg001 - Study guides, Class notes & Summaries

CLG001 DoD Government wide Commercial Purchase Card Overview Exam Completed with Answers

CLG0010 |CLG 0010 Exam 100% Scored A+

CLG001 DoD Government wide Commercial Purchase Card Overview Exam Completed with Answers

CLG0010 DoD Governmentwide Commercial Purchase Card Overview Lesson 6 - GPC Challenges and Resolutions Unauthorized Commitments and Ratifications - ANS-An unauthorized commitment is an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the Government. Only individuals who have received a written delegation of procurement authority may bind the Government. A ratification is the act of app...

CLG001 DOD GOVERNMENT WIDE COMMERCIAL PURCHASE CARD OVERVIEW EXAM LATEST 2024 QUESTIONS WITH CORRECT ANSWERS GRADED A+

CLG001 DoD Government wide Commercial Purchase Card Overview Exam Completed with Answers

QUESTIONS AND ANSWERS

1) Which of the following does NOT describe the GPC? [Identify the business model for the GPC Program.] [Remediation Accessed :N] Used for travel and fuel Used to make mission-essential purchases Similar in nature to a commercial credit card Reduces invoicing costs 6) The GPC may be used to make purchases: [Recognize what the Cardholder must consider prior to making different types of GPC transactions.] All of these By phone Over the counter Via the Internet ...

Convenience Checks - Answer Occasionally, unique/rare cases arise where, for example, a merchant does not accept payment by credit card, or it is not practical to pay for items using traditional procurement methods. In these cases, the GPC convenience checks can be used. Fees associated with the use of convenience checks are specified in the General Services Administration (GSA) Contract. Because these fees are high, convenience checks should be used only as the last choice to meet mission ne...

CLG0010 DoD Governmentwide Commercial Purchase Card Overview Lesson 2