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Government Purchase Card (GPC) Complete Questions And Solutions 2024/2025 $12.49   Add to cart

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

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

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  • September 24, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • GPC
  • GPC
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Government Purchase Card (GPC)
Complete Questions And Solutions
2024/2025
A/OPC CORRECT ANSWERS Agency Organization Program Coordinator

RA CORRECT ANSWERS Resource Advisor

AO CORRECT ANSWERS Approving Official

AAO CORRECT ANSWERS Alternate Approving Official

CH CORRECT ANSWERS Card Holder

What is GPC? CORRECT ANSWERS Commercial Master Card Credit Card used by
the Government to buy supplies and services for mission support

GPC purchases can be: CORRECT ANSWERS Supplies and Commodities up to
$10,000
Competition not required
Mandatory source use still required
Services up to $2,500
Construction up to $2,000

Supplies/Commodities from $10,000 to $25,000 (additional rules apply)

Why GPC? CORRECT ANSWERS Allows "just-in time ordering"
Reduces or eliminates procurement lead time
Saves money
Worldwide merchant acceptance
Reduces Prompt Payment interest
Vendors receive payment faster
AF receives quarterly rebates
Reduces workload as a whole

Anti-Deficiency Act CORRECT ANSWERS No government employee may create or
authorize an obligation in excess of funds available or in advance of appropriations.

Bona-fide need CORRECT ANSWERS Only purchase the quantity you need during the
time frame it will be used. Stock piling supplies is prohibited.

Splitting of purchase CORRECT ANSWERS Intentionally separating requirements
between days or vendors in order to avoid exceeding thresholds.

, GPC Hierarchy CORRECT ANSWERS Agency Organization Program Coordinator
(A/OPC)

Resource Advisor (RA)

Primary Approving Official (PAO)

Cardholder (CH)

A/OPC Responsibilities CORRECT ANSWERS Program implementation,
administration, training and monitoring
Primary point of contact for all GPC questions and ALL bank related matters
Nominate all A/O and CHs into the Joint Appointment Module (JAM)
Creates/Closes's all cards for cardholders
Complete A/O Changeovers
Review and final approve or reject all ECARS Requests (10K-25K)
Evaluate purchase card transactions, purchasing practices and account activity
Out-process all AOs and CHs (actives and civilians)
Conduct Surveillances via IOD Case Reviews
Initiate suspension and or revocation of GPC accounts

Approving official responsibilities CORRECT ANSWERS Verifies all CH transactions
Legal
Proper
Mission essential
Correct
Official Government Requirements
Using mandatory sources when applicable
Rotation of sources when possible
No splitting requirements to avoid the Micro Purchase Threshold (MPT)
CH has completed and has an approved ECARS from the GPC Office prior to
purchases over 10K

T or F The AO must register as an AO in ECARS? CORRECT ANSWERS TRue

Insight on demand CORRECT ANSWERS Answers cases assigned in a timely manner

SHOULD complete reviews throughout the billing cycle (rather than waiting until the end
of the month) to promote timely resolution (e.g., transaction dispute, Cardholder re-
training)

SHOULD complete reviews within 5 days of the billing cycle end date

MUST complete reviews within 30 calendar days of the billing cycle end date

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