Defence Acquisition University CLG 0010 DoD Governmentwide Commercial Card Exam | 70 Questions with 100% Correct Answers

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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 managemen... t internal controls? - ✔✔Daily 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 - ✔✔6 Years and 3 Months //////// 8Years//// 6 Years////// 10 Years An Unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold. - ✔✔False Which two of the following must be included in supporting documentation for all governmentwide Commercial Purchase card Transactions? - ✔✔Receipt Invoice Which three of the following are cardholder considerations before purchase? - ✔✔Obtain Approval from the Agency/Organization Program Coordinator Ensure adequate and appropriate funds are available-Correct Determine if any special requirements or approvals are required.-Correct Check for availability from required sources-Correct /////////// What is defined as any felonious act of corruption or attempt to cheat the government or corrupts the government's agents by charge card program officials. - ✔✔Internal Fraud Splitting what would have been an 11'000 purchase into two transactions, each of which falls under the micro-purchase threshold, is: - [Show More]

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