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 three of the following are cardholder responsibilities in the Governmentwide commercial purchase card program?
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.
What must the cardholder do to become qualified to make GPC purchases up to?
What must the Cardholder do to become qualified to make GPC purchases up to
$25,000
outside of the U.S. and it’s jurisdiction? What is the Cardholder Statement of Account? A document reflecting all purchases and credits that have been posted to the CH’s account during a 30-day billing cycle.
When using a GPC 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.
What is an advantage of using the GPC?
The main objective of the GPC is to
provide an efficient method of purchasing and paying for low value, non-recurring goods and services
which reduces the disproportionate time, effort and associated paperwork (and therefore cost) required when raising and processing large numbers of low value purchase orders, invoices …
Which of the following is a cardholder responsibility?
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 must the cardholder do to become qualified to make GPC purchases up to $25000 outside of the US?
In order to use the Governmentwide Commercial Purchase Card for simplified acquisitions up to $25,000 outside the United States and its jurisdictions, the
Cardholder, merchant, and supply delivery/service execution
must all be outside the United States and its jurisdictions.
What is the first step to follow when a cardholder?
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.
What is government purchase card?
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.
What is the GPC micro-purchase threshold?
GPC Overseas Simplified Acquisition Cardholders reaching back to vendors in the United States are limited to the applicable micro-purchase threshold (
generally $10,000
, but see FAQ number 2 above).
What are 3 examples of abuse of the GPC?
Purchases made by individuals other than the authorized cardholder
. Purchases by individuals not trained. Making purchases and returning them to the merchant for cash or merchant credit slips (credit must be issued against same card on which purchase was made).
What are three examples of abuse of the government wide commercial purchase card?
- Purchasing office supplies for home use.
- failing to certify “purchase card certification statements” on time.
- violating a specific-use policy.
Which practice is prohibited when using a GPC?
Transactions with political organizations-Use of the GPC
for transactions with political organizations is prohibited. Court costs, alimony, and child support-Use of the GPC to pay court costs, alimony, or child support is prohibited. Fines-Use of the GPC to pay fines is prohibited.
What is US Code 2784?
§2784.
Management of purchase cards
.
(a)
Management of Purchase Cards . -The Secretary of Defense shall prescribe regulations governing the use and control of all purchase cards and convenience checks that are issued to Department of Defense personnel for official use.
Which of the Government commercial purchase card program’s mandatory oversight procedures involves?
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.
What is the procurement integrated enterprise?
The Procurement Integrated Enterprise Environment (PIEE) is
the DoD and federal one-stop-shop for procurement capabilities
. The PIEE is home to Wide Area Workflow and Electronic Data Access (EDA), MyInvoice, and capabilities including: Single sign on/role-based access based on job series.
What is defined as any felonious?
1 archaic :
very evil
: villainous. 2 : of, relating to, or having the nature of a felony felonious assault.
What are GPC services?
GPC Services. GPC Services is a
small, privately owned company
based in San Angelo, Texas. Our personnel are dedicated to rendering to our customers the latest developments in the power generation and welding equipment industry.
Who is responsible for granting waivers?
The Director of National Intelligence (DNI) is the only person that can issue a true waiver, which must be based on national security interests. While the head of an executive agency may grant a one-time waiver on a case
–
by-case basis, these types of waivers are really just delayed implementations.
Who is responsible for granting waivers 889?
Agency heads
may grant contractors a one-time waiver if the contractor shows a compelling reason for needing extra time to implement Section 889 requirements and identifies the equipment or services, and the agency head reports the waiver to the appropriate committees of Congress, along with an identification of the …
What is the GPC limit for services?
Key Thresholds:
Recurring Services SPL $2,500.00 per fiscal year. Non-recurring Services SPL $2,500.00 per requirement. Construction SPL $2,000.00 per project. Maximum GPC purchase limit
$25,000.00 per purchase
.
Can you use GPC for training?
DOD policy is to use the
Government
Purchase Card to make FMR-based Miscellaneous Payments for Training, Education and Professional Development services from non-Government sources.
Federal law only protects cardholders for a limited time —
60 days
to be exact — after a fraudulent or incorrect charge has been made. Thankfully I noticed the billing error within a few days of it posting to my account and started the dispute process right away.
What can you buy with a GPC?
2. The GPC is used
to purchase supplies and services per the
Federal Acquisition Regulation (FAR). Purchase Cards are used as the procurement method for micro- purchases as defined in FAR 13.2. The Micro-Purchase Thresholds are: $10,000 for supplies/equipment; $2,500 for services; and $2,000 for construction.
When an account holders purchase account is about to expire he she should?
When an account holder’s purchase account is about to expire he/she should:
Wait for the new account to arrive and destroy the old account once the new account is received
and activated. The _________oversees the proper processing of invoices and ensures invoices are paid according to the Prompt Payment Act guidelines.
Does 10 US Code 2784 require specific corrective actions?
10 united states code 2784 requires specific corrective actions for
governmentwide commercial purchase card program violations
.
