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False.

Immediately report a stolen or lost purchase charge card to your A/OPC and the purchase charge card contractor (the card-issuing bank).

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15y ago

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Who should the cardholder contact to increase the single purchase limit on the purchase card?

The Approving Officer (AO) or Agency/Organization Program Coordinator (A/OPC)


The Cardholder must notify the Approving Official the Agency Organization Program Coordinator and the card issuing bank prior to the end of the billing cycle upon discovery of a loss of a Governmen?

False


Whose responsibility is it to comply with Government agency Standards of Conduct?

approving officer, supervisor, and agency/organization program coordinator


Whose Responsibility is it to comply with the government agencies standards of conduct?

approving officer, supervisor, and agency/organization program coordinator :)


The agency organization program coordinator provisions which roles?

Approving/Billing Official (A/BO) Supervisor


As a Government Purchase Cardholder or Approving Official you should direct any questions you have on Standards of Conduct to?

Agency Ethics Counselor


Does Termination of Approving Official accounts result in the termination of all cardholder accounts assigned to them?

No, terminating an Approving Official account does not result in the termination of all cardholder accounts assigned to them. Cardholder accounts remain active unless individually terminated.


Termination of Approving Official accounts results in the termination of all cardholder accounts assigned to them.?

Yes, Termination of Approving Official accounts results in the termination of all cardholder accounts assigned to them.


If the Cardholder is aware that she will not be available to promptly reconcile the Statement of Account she must advise the Approving Official?

Yes. If the Cardholder is aware that she will not be available to promptly reconcile the Statement of Account she must advise the Approving Official.


Does termination of Approving Official accounts results in the termination of all cardholder accounts assigned to them?

No.


WHAT DOES CARDHOLDER AND APPROVING OFFICIALS DO?

Cardholders are individuals authorized to make purchases on behalf of an organization using a company credit card or procurement card. They are responsible for ensuring that purchases align with organizational policies and budget constraints. Approving officials review and approve cardholder transactions to ensure compliance with regulations and proper use of funds. Together, they help maintain fiscal accountability and transparency in financial operations.


True or False When performing Cardholder Account Maintenance the Approving Billing Official will send all maintenance requests directly to the bank?

False. When performing cardholder account maintenance the approving billing official will send all maintenance requests directly to the bank.