What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? TO6 EO3 - CORRECT ANSWER Notify all affected parties
TO5 EO5 Frustrated frieght may never reach the intended recipient. - CORRECT ANSWER True
TO6 EO1 Which of the following is an agreement that is ...
CLG 0010 Exam 100% Scored_ Spring 2022
What is the first step to follow when a cardholder becomes aware of a lost or stolen card
or check? TO6 EO3 - CORRECT ANSWER Notify all affected parties
TO5 EO5 Frustrated frieght may never reach the intended recipient. - CORRECT
ANSWER True
TO6 EO1 Which of the following is an agreement that is not bonding solely because the
Government representative who made it lacked the authority to enter into that
agreement on behalf of the Government? - CORRECT ANSWER Unathorized
Commitment
TO2 EO4 Failure to certify a Managing Account Billing Statement in a timely manner
results in what three things? - CORRECT ANSWER Disruption to Gov purchases;
automatic suspension of accounts; interest penalties
Which three of the following statements are true? TO5 EO3 - CORRECT ANSWER
Ordering officer appointments distinct from Government Commercial Purchase Card
Cardholder appointments; Ordering officers are established to provide DOD
components with the ability to make purchases.... ; No Ordering officer may be
appointed until they have received training.....
Which three of the following statements about convince checks are true? TO5 EO1 -
CORRECT ANSWER Funds must be available to cover the check value and the banks
processing fee; the CH can request that the bank stop payment on a check;
convenience checks must be secured in a locked container
The GPC ________ used as the method of payment for commercial training using the
SF182, valued at or below $25,000 in lieu of an employee reimbursement by
miscellaneous payment. TO5 EO4 - CORRECT ANSWER must be
Which three of the following are CH considerations before purchase? TO3 EO2 -
CORRECT ANSWER Ensure adequate and appropriate funds are available; Determine
if any special requirements or approvals are required; Check for availability from
required sources
Which three constitute CH fraud? TO6 EO2 - CORRECT ANSWER A CH unauthorized
purchase of power tools for personal use; paying for repairs of privately owned
equipment; purchasing items or extra quantity of items for resale or to give away to
relatives
Cardholders who have been formally granted the appropriate authority in their Letter of
Delegation may use the GPC to make simplified acquisition ls up to $25000 outside the
US and its jurisdictions. TO5 EO2 - CORRECT ANSWER True
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