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What are a cardholder's responsibility in the GPC Program?
Splitting what would be a $4,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is:
Which of the following entities is responsible for determining the availability of the required supply or service before a purchase is made with the GPC?
Certifying Officer
What are organizations required to maintain for three years when using GPC?
Receipts
What are orginzatons required to maintain for three years when using a GPC?
receipts
Is The intent of the GPC is to allow organizations to locally purchase accountable equipmentthey are not allowed to have in Allowance Standards?
The intent of the GPC is to allow organizations to locally purchase accountable equipment they are not allowed to have in Allowance Standards. True or false
The intent of the GPC is to allow organizations to locally purchase accountable equipmentthey are not allowed to have in Allowance Standards.?
The intent of the GPC is to allow organizations to locally purchase accountable equipment they are not allowed to have in Allowance Standards. True or false
The intent of the GPC is to allow organizations to locally purchase accountable equipmentthey are not allowed to have in Allowance Standards?
The intent of the GPC is to allow organizations to locally purchase accountable equipment they are not allowed to have in Allowance Standards. True or false
Is the intent of the GPC to allow organizations to locally purchase accountable equipmentthey are not allowed to have in Allowance Standards.?
The intent of the GPC is to allow organizations to locally purchase accountable equipment they are not allowed to have in Allowance Standards. True or false
An electronic or a manual Purchase Log must be maintained?
True: The GPC Purchase Log can be electronic or in a manual format.
What documentation is acceptable for GPC transactions?
For Government Purchase Card (GPC) transactions, acceptable documentation typically includes the purchase receipt, which should detail the item(s) purchased, the date, and the total cost. Additionally, a cardholder’s statement or transaction log may be required to provide context for the purchase. Any supporting documentation, such as quotes or justifications for the purchase, should also be included to ensure compliance with federal regulations. It’s essential to follow specific agency guidelines, as these can vary.
True or False The GPC is normally reissued every 12 months to each cardholder?
True or False The GPC is normally reissued every 12 months to each cardholder
GFEBS government purchase card?
If the GPC purchase exceeds the obligation amount, what must be adjusted in GFEBS for successful posting?
