True
Managing Accounts and Cardholder Accounts
Managing Accounts and Cardholder Accounts
In the government purchase card program, there are typically two types of basic accounts: managing accounts and cardholder accounts. The managing account is responsible for overseeing multiple cardholder accounts, which are issued to individual users for making purchases. The specific number of accounts can vary widely depending on the agency or organization, but each managing account can control numerous cardholder accounts to facilitate procurement processes.
The Government who then seeks repayment from the cardholder.
False
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:
Agency Ethics Counselor
The cardholder should contact the card company.
Cardholder
AO
In the Government Purchase Card (GPC) Program, cardholder responsibility includes ensuring that purchases are made in compliance with applicable regulations, policies, and guidelines. Cardholders must maintain accurate records of transactions, including receipts and documentation, and ensure that all purchases are necessary for official government business. Additionally, they are responsible for reconciling their accounts and reporting any discrepancies or misuse. Failure to adhere to these responsibilities can result in disciplinary actions.