Gpc purchases can be - Study guides, Class notes & Summaries

CLG Latest Update Graded A+ Agency/Organization Program Coordinator (A/OPC) Manages and oversees CH and Managing Accounts Approving/Billing Official (A/BO) Reviews and approves GPC Managing Account Invoices and transaction supporting data for compliance Certifying Officer Reviews Managing Account invoices in accordance with DoD Financial Management Regulation (DoD FMR) requirements Resource Manager (RM) Provides appropriate GPC account funding Cardholder (CH) Is issued a GPC c...

2024 CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Lesson 4 Complete Questions & Answers (Solved) 100% Correct 1. Receipts and Invoices Answer: Each GPC transaction must be supported by a de- tailed/itemized receipt or invoice from the merchant to document the transaction. The requirement for a detailed/itemized receipt or invoice appliesto all transactions,whether they are made over the phone, via the Internet, or in person. 2. Receipts Answer: A receipt is a writte...

GFEBS Spending Chain - Government Purchase Card Questions and Answers 100% Pass An invoice cannot be unblocked if the Managing Account on an EDI-821 and the EDI 810 _____ are different Invoice Which account assignment is used specifically for AXOL Rebates? R Which of the following is a government approved acquisition method that allows approved cardholders to make purchases? Purchase card If the GPC purchase exceeds the obligation amount, what must be adjusted in GFEBS for successful po...

92Y Supply SGT Board Questions and Answers 100% Pass GFEBS (General Fund Enterprise Business System) the Army's financial system. this is the system used to place PR's (purchase request) for you to use you GPC Card Global Combat Support System - Army (GCSS-Army) the tactical logistics system. This took the place of PBUSE and SAMS-E. It is the system you will use for property accountability. To create SLOC's(storage locations, which used to be called sub hand receipts) and component hand rece...

CLG EXAM QUESTIONS WITH COMPLETE SOLUTIONS 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 ...

CLG EXAM QUESTIONS WITH COMPLETE SOLUTIONS 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 ...

Contracting Block 3 Test Questions With Verified Answers Commodities - answersupplies in government contracting. Supplies are all property exept land or interest in land. Means a thing. agencies - answershall use simplified acquisition procedures to the maximum extent practicable for all purchases of supplies not exceeding the simplified acquisition threshold. Everytime you can use SAP need to use it. personal service contract - answeris characterized by the employer-employee relationship...

Government Purchase Card (GPC) Complete Questions And Solutions 2024/2025

By employing simplified acquisition, the government can: correct answer: -reduce its administrative costs -promote efficiency & economy in contracting -avoid burdening agencies & contractors Simplified acquisition procedures under the SAT shall be used to the maximum extent possible, unless correct answer: a mandatory source is required by part 8 or the requirement can be met under an existing contact Simplified Acquisition Procedures (SAP) correct answer: those methods prescribed in...

Contracting Block 3 Test Questions With Verified Answers Commodities - answersupplies in government contracting. Supplies are all property exept land or interest in land. Means a thing. agencies - answershall use simplified acquisition procedures to the maximum extent practicable for all purchases of supplies not exceeding the simplified acquisition threshold. Everytime you can use SAP need to use it. personal service contract - answeris characterized by the employer-employee relationship...