Which three of the following are cardholder responsibilities in the GPC program?

Which three of the following are cardholder responsibilities in the GPC program?

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 is a GPC card holder?

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.

Which of the following is a cardholder responsibility in 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 three examples of misuse?

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 …

When using a GPC card 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.

What are the advantages of using GPC?

The main objective of the GPC is to provide an efficient method of purchasing and paying for low value, non-recurring goods and services which reduces the disproportionate time, effort and associated paperwork (and therefore cost) required when raising and processing large numbers of low value purchase orders, invoices …

What must the cardholder do to become qualified to make GPC purchases up to $25000 outside of the US and it’s jurisdiction?

In order to use the Governmentwide Commercial Purchase Card for simplified acquisitions up to $25,000 outside the United States and its jurisdictions, the Cardholder, merchant, and supply delivery/service execution must all be outside the United States and its jurisdictions.

What can be purchased with a GPC card?

The GPC is used to purchase supplies and services per the Federal Acquisition Regulation (FAR). Purchase Cards are used as the procurement method for micro-purchases as defined in FAR 13.2. The Micro-Purchase Thresholds are: $10,000 for supplies/equipment; $2,500 for services; and $2,000 for construction. 1-2. References

Is there sufficient documentation to support individual GPC transactions?

Adequate documentation is available to support individual GPC transactions. Facts presented in the cardholder’s documentation are complete and accurate. Cardholders follow all required policies and procedures regarding purchases with the GPC.

Who are the stakeholders in the GPC program?

Oversight of the GPC program is a shared responsibility. All stakeholders in the program, including the Resource Manager, local audit, and the oversight organization, play a vital role in the program success. Every effort must be made to ensure GPCs are used in the proper manner and only mission-essential purchases are made.

How long does it take to pay a GPC suspension?

GPC Account Suspension In the case of account suspension it is DoD policy to: Pay its invoices within 30 days of receipt. Suspend any outstanding balance over 60 days delinquent.