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How many basic accounts in the government purchase card program managing account and cardholder accounts?
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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 an accounts payable created when your company pays cash for a purchase?
An Accounts Payable is created when...
What is a purchase order in accounts payable?
Purchase order is a formal request to vendor for purchase of units of items or inventory.
What is the journal entry for purchase return goods on credit?
debit accounts payablecredit purchase returns
How do you record journal entry for a purchase return?
debit cash / bank / accounts payablecredit purchase return
What are the basic types of accounts in the Government Purchase Card Program?
Managing Accounts and Cardholder Accounts
What are the two basic types of accounts in the government purchase card program?
Managing Accounts and Cardholder Accounts
True false there are two basic types of accounts in the government purchase card program managing accounts and cardholder accounts?
True
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.
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:
When a cardholder's purchase card is about to expire he she should?
When a cardholder's purchase card is about to expire he/she should:
The Government Purchase Cardholder is encouraged to also be an accommodation / convenience check holder?
False
When making a purchase a cardholder was recently informed by the merchant that the purchase card account has been suspendedwho should the cardholder contact to address this matter?
The cardholder should contact the card company.
As a Government Purchase Cardholder or Approving Official you should direct any questions you have on Standards of Conduct to?
Agency Ethics Counselor
Who has responsibility to maintain a Purchase Log?
Cardholder
A cardholder recently received approval to purchase a new printer for the agency The cardholder has a purchase card that has a single purchase limit of 1000 However the required printer costs 1?
AO
Cardholder Luke Debrasi used his Government Purchase Card to purchase one dozen fish hooks for his underwater research When he received his shipment from the vendor the box contained two dozen fishh?
Return the additional items for a vendor credit against his Government Purchase Card account
