Table of Contents
- 1 Which three of the following are cardholders responsibilities in the government commercial purchase card program?
- 2 What are three authorized uses of the government wide commercial purchase card?
- 3 When using government commercial purchase card which of the following is a prohibited purchase?
- 4 Which of the following is a card holders responsibility in the government wide commercial purchase card program?
- 5 What is a government purchase card?
- 6 Which practice is prohibited when using a government purchase card?
- 7 Is there sufficient documentation to support individual GPC transactions?
- 8 Who is the USDA approving official ( AO )?
Which three of the following are cardholders responsibilities in the government commercial purchase card program?
Cardholders are responsible for maintaining proper documentation regarding the GPC, such as: Written requests, ● Funding availability, ● Purchase log, ● Local purchase authority, and ● Property book procedures as appropriate.
The Governmentwide purchase card may be used to (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement; or (3) Make payments, when the contractor agrees to accept payment by the card.
Who is responsible for making reviews of existing cardholders and their monthly spending limits?
SUPERVISORS-must make regular reviews of existing cardholders and their monthly spending limits to insure that the monthly spending limits are appropriate for the expected purchasing activity. #1.
What are three examples of abuse of the government purchase card?
Examples of misuse include: (1) purchases that exceed the cardholder’s limit; (2) purchases not authorized by the agency; (3) purchases for which no funding exists; (4) purchases for personal consumption; (5) purchases that do not comply with the Federal Acquisition Regulation (FAR) and/or other applicable procurement …
When using government commercial purchase card which of the following is a prohibited purchase?
5.04 Prohibited Purchases The purchase card must not be used for the following: • Long-term rental or lease of land or buildings of any type. Purchases of travel (airline, bus, boat, or train tickets) or travel-related expenses. Cash advances.
Which of the following is a card holders responsibility in the government wide commercial purchase card program?
The Cardholder is responsible for the following: 1. Completing all required training prior to being issued a Purchase Card. 2. Purchasing goods or services in accordance with established Department policy, procurement regulations, and individual internal office procedures.
What is the government purchase card used for?
The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. The GPC provides “on the spot” purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers.
Which of the following is a card holder responsibility in the government wide commercial purchase card program?
What is a government purchase card?
A Pcard is a purchasing card allocated to a Cardholder (i.e. a government officer) to use in transactions for the procurement of goods and services on behalf of a GSF agency. A Pcard has advanced commercial credit card features that facilitates and assists the GSF agency with management and control of expenditure.
Which practice is prohibited when using a government purchase card?
What is the first step to follow when a cardholder becomes aware of a lost or stolen card or check quizlet?
what is the first step to follow when a cardholder becomes aware of a lost or stolen card or check? Determine when and where the card/checks were last used.
Which of the Governmentwide commercial purchase card program’s mandatory oversight procedures involves the approving?
5. Which of the Governmentwide Commercial Purchase card Program’s mandatory oversight procedures involves the Approving/Billing Official documenting findings and disciplinary category determinations? 6. Cardholders who hold an Ordering Officer delegation must follow Component procedures for order placement.
Is there sufficient documentation to support individual GPC transactions?
Adequate documentation is available to support individual GPC transactions. Facts presented in the cardholder’s documentation are complete and accurate. Cardholders follow all required policies and procedures regarding purchases with the GPC.
Who is the USDA approving official ( AO )?
3.1 Approving Official (AO) It is USDA policy that the AO is the individual with oversight and approval responsibility for purchase card activity of cardholders under his or her purview. USDA prefers that the AO is the cardholder’s supervisor-of-record; however, other individuals may be appointed. Requests to
What’s the limit for the monthly purchase card?
The monthly purchase limit is the maximum total dollar amount a cardholder is authorized to procure each month. The monthly purchase limit applies to the monthly total of all purchase card and convenience check transactions. Policies & Regulation (Cont.)
How long is APC retained after final payment?
Certified billing statements and supporting documents are retained for six years and three months after final payment, and cardholder statements of account and associated receipts for three years after final payment according to FAR 4.805. The APC is notified prior to leaving his or her position.