What is the first step to follow when a cardholder?
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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 are three pieces of information that should be included in the cardholder purchase log?
Bids must include the vendor or catalog name, catalog page number (if applicable), product number, and item price. Cardholders must maintain a file for bid information and Sole Source Justification statements for audit purposes. Each log entry is composed of one line with six data fields applicable to an order.
Who is responsible for making regular reviews of existing cardholders?
SUPERVISORS
Which of the following is a cardholder responsibility in the GPC 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 are the three advantages of using the GPC?
Using Government wide Commercial Purchase Card has advantages such as they earn refunds, increased information and quicker payments. The cards do not increase funding.
What are three examples of abuse of the governmentwide?
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 …
What is the cardholder statement of account quizlet?
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.
What documentation is acceptable for GPC transactions?
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.
What must the cardholder do to become qualified to make GPC purchases up to $25 000?
Explanation: To qualify for making GPC purchases up to $25,000 outside the U.S. and its jurisdiction, the CH can be located within the United States as long as the merchant and supply/delivery execution is outside the United States and its jurisdiction.
What is the single purchase limit for GPC?
$3,000.00 per purchase
What is GPC on bank statement?
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 an advantage of using the GPC?
The GPC eliminates the requirement to set up ad-hoc/infrequent suppliers on the Finance System and the eProcurement System (Pecos). Cardholders are able to place orders directly with suppliers. The goods are delivered directly to the identified recipient.
When using a GPC 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.
How many days does a cardholder have to dispute an unauthorized purchase card transaction?
The issuer must acknowledge your dispute within 30 days of receiving it and resolve the matter within 90. Here’s how long you have to dispute a credit card charge: You have 60 days from when the relevant monthly statement was sent. That’s the postmark date for paper statements or the sent date for an email statement.
Is the cardholder is the only individual authorized to write checks?
The cardholder is the individual to whom a card/convenience check or cardless account is issued. The purchase card/convenience check bears the cardholder’s name and may only be used by the individual designated on the card/convenience check. No other person is authorized to use the account.
What are three examples of misuse of the governmentwide purchase card?
What are three advantages of using the GPC?
What is micro-purchase threshold?
The Federal Acquisition Regulation has officially been updated to increase the micro-purchase threshold and the simplified acquisition threshold, effective August 31, 2020. Here are what the new thresholds will be under the FAR. The Micro-Purchase Threshold would be increased from $3,500 to $10,000.
What are three examples of abuse of the GCPC?
Other GPC prohibitions include: 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 is GSA card?
The GSA SmartPay Program is the largest government charge card and commercial payment solutions program in the world. GSA SmartPay payment solutions enable authorized government employees to make purchases on behalf of the Federal Government in support of their agency/organization’s mission.
What is a GSA background check?
Completing a GSA/OIG background check is the first line of defense for any health care provider that receives federal funds. Providers who appear on an exclusion list are not eligible for payments or reimbursements, and any payments made to these providers put the organization at risk.
What is a GSA badge?
The GSA Access Card serves as the identity badge for GSA employees and contractors. GSA employees and contractors are required to use their GSA Access Card, along with a Personal Identification Number (PIN), to log into their computer and GSA networks, providing more secure and user-friendly access to information.
What does GSA stand for?
General Services Administration
