0
What else can I help you with?
Since most purchases are under the micro purchase threshold the Government will normally pay state and local taxes on purchases made with the Government Purchase Card?
False
Is defined as verifying that the supply or service purchased by the purchase card actually meets the minimum requirements of the Government and that the bill should be paid in full.?
If your agency permits, convenience checks may be used instead of a purchase card when
What are the two types of fraud that may lead to an erroneous payment In the Purchase Card program?
third party and government
IF PURCHASES ARE UNDER THE MICRO PURCHASE THRESHOLD WILL THE GOVERNMENT NORMALLY PAY STATE AND LOCAL TAXES ON A GOVERNMENT PURCHASE CARD?
Generally, the government is exempt from paying state and local sales taxes on purchases, including those made with a government purchase card, regardless of whether the purchases are under the micro-purchase threshold. This tax exemption applies to federal entities, and many states extend similar exemptions to state and local government purchases. However, specific regulations can vary by state, so it's essential to verify local laws and guidelines.
When a cardholder's purchase card is about to expire he or she should?
When a cardholder's purchase card is about to expire he/she should:
Is splitting a purchase a Government Purchase Card prohibition?
Yes!
When you make an over-the-counter purchase with your Government Purchase Card except?
Always have the Government hand receipt
If a government purchase card purchase is over 3000 do you have to have 3 bids?
YES
When you make an over-the-counter purchase with your Government Purchase Card what should you do?
When you make an over the counter purchase with your Government Purchase Card, you should keep the receipt for several reasons. It usually shows your remaining balance, and it is required for returns.
When you make over the counter purchase with your government purchase card what should you do?
When you make an over the counter purchase with your Government Purchase Card, you should keep the receipt for several reasons. It usually shows your remaining balance, and it is required for returns.
Who has overall responsibility for the government purchase card program?
DOD
Where are the answers to the Government Purchase Card test?
The Government Purchase Card test answers are not located anywhere on the internet. It is best to study the material thoroughly prior to the test to prepare and know the answers.
An AF Form 409 Government Purchase Card Fund Cite Authorization is what type of document?
The AF Form 409, Government Purchase Card Fund Cite Authorization, is a document used by the U.S. Air Force to authorize the use of funds for government purchase card transactions. It specifies the funding source and provides necessary financial oversight for purchases made with the government purchase card. This form ensures compliance with budgetary controls and allows for proper tracking of expenditures.
Which component of the Purchase Card On-Line System (PCOLS) suite of applications reviews purchase data for potential Government Purchase Card (GPC) misuse or internal?
DM - Data Mining
You agree to make the purchase and the construction company accepts your Government Purchase Card as the method of purchase What did you do wrong?
Based on the information provided, it seems like you may have made a mistake by using your Government Purchase Card for a purchase without following the proper procurement procedures or obtaining the necessary authorization. It is important to ensure that you follow the applicable regulations and guidelines when using government purchasing methods to avoid any potential issues or complications.
A cardholder had recently made a purchase with the purchase card It was not an approved government purchase and the cardholder was not able to return the purchased item to the merchant for a refund o?
The Government who then seeks repayment from the cardholder.
Which component of the Purchase Card On-Line System (PCOLS) suite of applications reviews purchase data for potential Government Purchase Card (GPC) misuse or internal fraud?
DM - Data Mining
