Gcpc - Study guides, Class notes & Summaries

QUESTION 1 1. Which of the following is a correct statement of Fiscal Law Philosophy: If the law is silent as to whether a purchase can be made, it is probably safe to spend appropriated funds. authorized by Congress. If the commander says buy it, don’t worry about Fiscal Law Regulations. Absent a specific prohibition, expending appropriated funds is permitted. 20 points QUESTION 2 1. It is July 2010. The contracting officer at Fort Mason is about to award a contract for a comput...

Government Commercial Purchase Car (GCPC) Name the authorities in order form highest to lowest ️Head of Activity (HA) Agency Program Coordinator Approving Official (AO) Certifying Officer (CO) Cardholder (CH) Level 1 of GCPC Hierarchy ️DoD / GSA Contract Level 2 of GCPC Hierarchy ️Dept of Navy (DON) Level 3 of GCPC Hierarchy ️Major Component APC i.e. PACFLT Level 4 of GCPC Hierarchy ️TYCOM APC i.e. COMSURFPAC Level 5 of GCPC Hierarchy ️Activity APC - UIC Level 6...

What does GCPC stand for? - Answer Government Commercial Purchase Card What is the purpose of the GCPC? - Answer To be used as a last resort when material cannot be procured utilizing the Navy Supply System What is the HL3 position for the GCPC? - Answer Command Liaison to CCPMD What does the HL4 position do with the GCPC? - Answer Establishes and maintains COMMS and Policies with subordinate A/OPC What does the HL5 position do with the GCPC? - Answer Main POC for the ship ...

GOVERNMENT CARD PURCHASE PROGRAM LATEST UPDATE GRADED A+ Without the aid of reference, state in writing who must be indoctrinated on the ethical standards of conduct APC, FAPC, AO, Card Holder and all participants who use GCPC With the aid of reference, list in writing five pieces of information that must be on a purchase request PR for supplies or services Appropriation data Recommended supply source or service provider Validation that the requirement cannot by satisfied by Government ...

GOVERNMENT CARD PURCHASE PROGRAM QUESTIONS AND ANSWERS ALREADY PASSED Without the aid of reference, state in writing who must be indoctrinated on the ethical standards of conduct APC, FAPC, AO, Card Holder and all participants who use GCPC With the aid of reference, list in writing five pieces of information that must be on a purchase request PR for supplies or services Appropriation data Recommended supply source or service provider Validation that the requirement cannot by...

GCPC EXAM QUESTIONS AND COMPLETE SOLUTIONS.

Without the aid of reference, state in writing who must be indoctrinated on the ethical standards of conduct : APC, FAPC, AO, Card Holder and all participants who use GCPC With the aid of reference, list in writing five pieces of information that must be on a purchase request : PR for supplies or services Appropriation data Recommended supply source or service provider Validation that the requirement cannot by satisfied by Government supply system Priority "Mark for" instructions ...

Agency/Organization Program Coordinator (A/OPC) Certification Course with Verified Solutions Cardholder statement reconciliation is the process in which the ______________ reviews their monthly bank statement and reconciles each transaction against all purchase documentation and purchase logs. A) Head of Activity B) Agency/Organization Program Coordinator C) Cardholder D) All of the above C) Cardholder *The Navy pays interest on any invoice not paid within 30 days of statement da...

Agency/Organization Program Coordinator (A/OPC) Certification Course It is acceptable for the AO to use a Cardholder's purchase card to make purchases if the Cardholder is not available. A) True B) False If the bank statement includes a questionable charge, the Cardholder should attempt to resolve the issue by contracting the ______________ first. A) Vendor B) A/OPC C) Bank Help Desk D) AO The ________________ review is required to ensure adherence to internal controls and ensure the HA is in...

Without the aid of reference, state in writing who must be indoctrinated on the ethical standards of conduct APC, FAPC, AO, Card Holder and all participants who use GCPC With the aid of reference, list in writing five pieces of information that must be on a purchase request PR for supplies or services Appropriation data Recommended supply source or service provider Validation that the requirement cannot by satisfied by Government supply system Priority "Mark for" instru...