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Splitting what would be a $4,000 purchase into two transactions, each of which falls under the micro-purchase threshold, is:

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7y ago

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Related Questions

How may purchase cardholders Approving Officials and certifying Officials be held accountable for the duties they perform in relationship to GPC activity?

Performance evaluations are used in these cases.


It is the cardholders responsibility to sign forms disputing and transactions made following the loss of a card?

True


Use of the GPC to acquire supplies or services that are unauthorized and intended for personal use or gain constitutes?

True or false use of the GPC to acquire supplies or services that are unauthorized and intended for personal use or gain constitutes abuse of the GPC program


Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the GPC to make simplified acquisitions up to 25000 outside the US and its jurisdictions?

False


How many days after the end of the monthly billing cycle must the GPC Cardholder reconcile and approve the information in his or her Statement of Account?

GPC Cardholders must reconcile and approve the information in their Statement of Account within 5 days after the end of the monthly billing cycle. This prompt action ensures timely processing and accountability for the transactions recorded during that period.


How many organizations hold purchase cardholders Approving officials and certifying officials accountable for the duties they perform in relationship to GPC activity?

The number of organizations that hold purchase cardholders, approving officials, and certifying officials accountable for their duties related to Government Purchase Card (GPC) activity can vary widely. Typically, federal agencies and large organizations implement oversight mechanisms to ensure compliance with regulations and proper management of GPC transactions. Accountability measures may include regular audits, training programs, and performance evaluations. The specific number of organizations implementing these accountability measures is not publicly quantified, but it is a common practice in many government and corporate settings.


Example of the responsibility program?

Sponsoring orphans and bright kids is an example of a responsibility program.


What is the last step of the GPC Program process flow?

the ch obtains required approvals


True or False. It is the cardholders responsibility to sign forms disputing and transactions made following the loss of a card.?

True or False. It is the cardholder's responsibility to sign forms disputing and transactions made following the loss of a card.


What are the GPC?

GPC is the way to measure the movements of the tectonic plates in centimeters...


Who establishes command supervisory and personal responsibility for use of the travel card?

Command supervisory and personal responsibility for the use of travel cards is typically established by the organization’s travel policy or regulations. This responsibility often falls to the immediate supervisor or designated travel manager, who oversees compliance and ensures that cardholders understand the proper use of the travel card. Additionally, individual cardholders are personally accountable for their transactions and must adhere to the guidelines set forth by their organization.


As an approver what can you do that cardholders cannot do?

Approvers can reject transactions, which average cardholders cannot do.