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Interest penalties Open-market micro-purchases CLG 0010 DoD Governmentwide Commercial Card Exam.pdf. through 2021. In step 10 of the Governmentwide Commercial Purchase Card Program, what arr three pieces of information that should be included in the Cardholder Purchase Log? which three of the following are cardholder considerations before purchase? QUESTION Clg 0010 dod governmentwide commercial purchase card. Defense Acquisition University. View more. There's a lot here, some of the questions I didn't get to and there's till even more that I haven't seen yet. Click the card to flip Definition 1 / 70 T03.E01, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Explain how this requirement is likely to affect the growth of human - ANSWER-You made a purchase for construction, with the Governmentwide Commercial Purchase Card that exceeded $2,000, Because they are a potential indicator of misuse, abuse, or fraud, delinquent accounts, are subject to what? B. &\textbf{2013}&\textbf{2012}\\ Commercial Training requirements using the SF-182-New. \quad\text{Diluted}& 713,456 &699,012\\ CLG 0010 DoD Governmentwide Commercial Purchase Card Overview Term 1 / 23 Which of the following is a cardholder responsibility in the Governmentwide Commercial Purchase Card Program? CLG 0010 DoD Governmentwide Commercial Card Exam 4.1 (12 reviews) Term 1 / 70 Which Of the Governmentwide Commercial Purchase Card Program's Mandatory oversight procedures involves validating that all data mining cases are closed and assessing the key purchasing and management internal controls? You receive a request to purchase construction services. The Government is not relieved of its obligation to pay for valid transactions made prior to the loss. Interest penalties CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. -Using Simplified Acquisition Procedures above or below the micro-purchase threshold against Federal Supply Contract vehicles. What conclusion is appropriate when H0H_0H0 cannot be rejected? Splitting requirements to avid card thresholds. A Best practice calls for the cardholder to reconcile transactions in the statement of account within how many days of the billing cycle end date? The Secretary of Defense authorizes an increase in the micro-purchase threshold to $20,000 to Use the vertical axis for depreciation cost and the horizontal axis for cubic yards of cement. The Governmentwide Commercial Purchase Card ___ used as the method of payment for commercial training requests using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. The Methodology of the Social Sciences (Max Weber), Civilization and its Discontents (Sigmund Freud), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), Give Me Liberty! Which three of the following are Cardholder responsibilities in the Governmentwide Commercial Purchase Card Program? Who is the individual responsible for ensuring the existence, accuracy, and legality of information on a Managing Account Billing Statement? How long does Foreign Military Sales documentation have to be retained following case closure? a. Course Hero is not sponsored or endorsed by any college or university. Authorized uses of the Government Commercial Purchase Card include (select three): Which three items describes external fraud? A. Using simplified acquisition procedures above or below the micro-purchase threshold against federal supply contract vehicles Netincome(inthousands)Weightedaveragenumberofsharesoutstanding(inthousands)BasicDiluted2013$1,456,091702,987713,4562012$1,200,472687,910699,012. \hline 703-805 . B. When you get back to the office, you realize that the envelope size will not meet the requirement, so you return the item to the merchant. Which of the Governmentwide Commercial Purchase Card Program's mandatory oversight procedures is a consolidation of the previous Monthly Agency/Organization Program Coordinator Reviews? Would he still think so if he saw how the government runs today? Monthly Agency/organization program coordinator reviews///// The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement by miscellaneous payment. Recovery of cost from Governmentwide Commercial Purchase Card officials, Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions. a. transactions? Reconcile the monthly Statement of Account Ensure disputes are tracked to resolution In five years, the value of Hybrid Golf is expected to be$270 million. If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? support declared contingency operations in Afghanistan. Transactions where the governmentwide commercial purchase card is used as a method of payment Journalize the companys: One office in an office building has an area of 5,200ft25,200 \mathrm{ft}^25,200ft2. Must not be Must be Is occasionally None of these 2. ( c ) Verify that the given f(x)f(x)f(x) has f(x)f^{\prime}(x)f(x) as its derivative, and graph f(x)f(x)f(x) to check your conclusions in part (a). CLG 0010 Exam 2022 Graded A What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Governments agents by charge card program officials. 20 laptops at $500 each for a total price of $10,000. What did you do wrong? Purchasing office supplies for home use - ANSWER-True, If required office paper is available from a mandatory source of supply (such as the. I dont know, Answers are wrong. Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. What are three authorized uses of the Governmentwide Commercial Purchase Card? C. The Cardholder can request that the bank "stop payment" on a check, The law requires the DoD to recover cost from Governmentwide Commercial Purchase Card officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases. c. Is committed by someone other than charge card program officials, An unauthorized commitment is an agreement that is not binding solely because the agreement involved a purchase amount above the micro-purchase threshold, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Who is responsible for verifying proof of delivery documentation for all Governmentwide Commercial Purchase Card transactions during their monthly transaction review? Reduced invoicing costsc. Defrauding the government \quad\text{Basic}& 702,987 &687,910\\ Objectives Download Course Objectives Target Attendees //////////. Decrease penalties for faulty disputes In order to use the GPC for simplified accusations up to $25,000 outside the United States and its jurisdictions, the card holder, merchant, and supply/delivery acquisition must be outside the United States and its jurisdictions. Bryce has prepared the following pro forma financial statements for Hybrid Golf assuming the merger takes place. Both companies have niche markets in the golf club industry, and both believe that a merger will result in synergies due to economies of scale in manufacturing and marketing, as well as significant savings in general and administrative expenses. The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits). Which of the governmentwide commercial purchase card program's mandatory oversight procedures involves the approving/billing official documenting findings and disciplinary category determinations? Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions, Which three of the following statements about convenience checks are true, Convenience checks must be secured in a locked container Reconcile the monthly statement of account. f(x)f^{\prime}(x)f(x) and its graph are given. \text{Weighted average number of shares outstanding (in thousands)}\\ Hybrid Golf has 8 million shares of stock outstanding. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to answer Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest question A. PUR. TO4.E01 Click the card to flip Definition 1 / 23 Approving/Billing Official Click the card to flip The Government Commercial Purchase Card _________ used as the method of payment for commercial training request using the SF-182, valued at o. Unintentionally Purchasing excessive quantities of an item with limited shelf life, Failure to certify a Managing Account Billing Statement in a timely manner results in what three things?T02.E04, Disruption to Government Purchases Contract payments. False Authorized uses of the Governmentwide Commercial Purchase Card include: Used to make mission-essential purchases. COM. The primary somatosensory area of the cerebral hemispheres is found in the precentral gyrus. A. Purchase of accountable property T07.E01, failing to certify Purchase Card Certification Statements" on time COM. CLG 0010 DoD Governmentwide Commercial Purchase Card Overview (Last modified:11/29/2022) Download Course Objectives. What are three examples of misuse of the governmentwide commercial Purchase card? The accountant will use a sample of future weekend guest bills to test the manager's claim. The Governmentwide commercial Purchase card ______ used as the method of payment for commercial training requests using the SF-182, Valued at or below 25,000, in lieu of an employee reimbursement by miscellaneous payment. . The cost of capital for Hybrid Golf is 12.4%, and the cost of equity is 16.9%. In the event that a Cardholder reports a misplaced, lost, or stolen card or check, which of the following is true? Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Clg 0010 dod governmentwide commercial purchase card Study with Quizlet and memorize flashcards containing terms like In order to use the GPC for simplified accusations up to $25000 outside the . What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's . Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? Which of the following is a cardholder responsibility in the governmentwide commercial purchase card program? giving preferential treatment to any person or organization. No Ordering officer may be appointed until they have received training commensurate with their delegated authority Which of the following is an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the government? - ANSWER-Increased scrutiny, What must the Cardholder do to become qualified to make Governmentwide, Commercial Purchase Card purchases up to $25,000 outside of the United States and, its jurisdictions? . Which of the following terms is defined as "the international use of the Government-issued charge card in violation of applicable regulations"? Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Paying for repairs of privately owned equipment Who is the individual responsible for ensuring the existence, accuracy, and legality of information on managing account billing statement? Interest penaltiesb. Similar in nature to a commercial credit cardb. You agree to make the purchase, and the construction company accepts your Governmentwide Commercial Purchase Card as the method of purchase. Assume that the normal operating range for the company is 90,000 to 96,000 cubic yards per year. involved a purchase amount above the micro-purchase threshold. /////, Frustrated freight may never reach the intended recipient. A purchase exceeds the micro purchase threshold. What is the procurement integrated enterprise environment (PIEE) module used to initiate, review, approve, store, and terminate required delegations of procurement authority and/or appointment? Bryce has asked you to analyze the financial aspects of the potential merger. payment against an existing contract, What are three examples of misuse of the Governmentwide Commercial Purchase Card? \text{United States}&\$\hspace{5pt}8,814&\$\hspace{5pt}8,528\\\ Specifically, he has asked you to answer the following questions. CLG 0010 EXAM Which three of the following constitute Cardholder fraud? You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. -Purchasing power tools for personal use (select the three that apply), If commercial, door-to-door shipping is not available for GPC purchase to be shipped overseas, the card holder must, Coordinate with a transportation service support office before initiating the transaction. CARD OVERVIEW EXAM, CLG 001 DoD Government Commercial Purchase Ca, DoD Government Purchase Card Refresher Traini, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield. Used to make mission-Essential Purchases MARKETING 305. test_prep. Disruption to Government purchases. When you get back to the office, you realize that the envelope size will not meet the requirement, so you return the item to the merchant. Which of the following is the term for a shipment of supplies or equipment that is delayed along the transportation chain and will not move until all problems are resolved? Recovery of cost from Governmentwide Commercial Purchase Card officials Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions - ANSWER-True The . You use your Governmentwide Commercial Purchase Card to purchase a case of envelopes from a merchant. what did you do wrong? Allow for maximum refunds- New Enables the government to earn refunds, Which two statements about managing accounts are true, Require a Primary Approving/billing Official Cardholders may be granted authority to use their Governmentwide Commercial Purchase Card accounts to make payments against contracts. Obtain Approval from the Agency/Organization Program Coordinator. Which of the following information must be included on detailed/itemized receipts? d. Given your calculation in part c, would you buy the additional shares from your broker at$ 73 per share? a. Supervisor - ANSWER-approving/billing official what is the cardholder statement of account?- ANSWER-A document reflecting all purchases and credits that have been posted to the CH's account during a 30-day billing cycle . Objectives Purchasing office supplies for home use. Take this Answer sheet with a grain of salt. Ordering officer appointments are distinct from the Governmentwide commercial Purchase card cardholder appointments Clarify mathematic. CLG 0010 Do D Governmentwide Commercial Purchase Card Overview Exam University Nevada State College Course Community health nursing (NUR 2611) Uploaded by Micah Brian Academic year2022/2023 Helpful? Who is the individual for ensuring the existence, accuracy, and legality of information on This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. Wat are three examples of abuse of the Government Commercial Purchase Card? b. Who is responsible for verifying proof of delivery for all governmentwide commercial purchase card transactions during the monthly transaction review? What is the artificial intelligence Data Mining platform that automatically analyzes Enables the Government to earn refunds If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? COM. c. conductive hearing loss Procurement Business intelligence service (PBIS) /////, When Using a Governmentwide Purchase Card, Which of the following is prohibited purchase. Small business Which three of the following constitute cardholder fraud? Description THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? Which three of the following describe the Governmentwide Commercial Purchase Card? A. Local. Overseas purchases up to 25000 Agency/Organization Program Coordinator////, In the event that a cardholder reports a misplaced, lost, or stolen card or check, which three of the following are true. Provide a vertical analysis of the regional segment revenues for both years. If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how man days of the transaction date?T06.E03, The Governmentwide Commercial Purchase Card ___________ used as the method of payment for commercial training requests using the SF-182, valued at or below $25,000, in lieu of an employee reimbursement be miscellaneous payment. What are three advantages of using the Governmentwide Commercial Purchase Card? Mrs Trobiano regularly works 40 hours per week, at a rate of d dollars per hour. Ensure adequate Funds are available to make the payment spending was $2.7 trillion, and it was projected to BIO Midterm 2 - BIO NOTES FOR CITOVSKYS CLASS ENJOYYY, Physio Ex Exercise 8 Activity 3 - Assessing Pepsin Digestion of Proteins, BIO 140 - Cellular Respiration Case Study, Mid term HIS 104 - Exam Questions and notes, BIO 115 Final Review - Organizers for Bio 115, everything you need to know, Sawyer Delong - Sawyer Delong - Copy of Triple Beam SE, Mini Virtual Lab Calculating GPP and NPP1, Kami Export - Jacob Wilson - Copy of Independent and Dependent Variables Scenarios - Google Docs, Chapter 1 - Summary Give Me Liberty! -Paying for repairs of privately owned equipment The comparative regional segment revenues for McDonalds Corporation are as follows: RecentYearPriorYear(inmillions)(inmillions)UnitedStates$8,814$8,528Europe10,82710,886APMEA*6,3916,020OtherCountries&Corprate1,5351,572Totalrevenues$37,567$27,006\begin{array}{lrr} The bank must close the account CLG001 DoD Govenmentwide Commercial Purchase Card Overview Exam. Recovery of costs from governmentwide commercial Purchase Card officials CLG 0010: DoD Governmentwide Commercial Purchase Card Overview: Online Training (OLT) N/A: N/A: 4: 02-Jun-2020: CLG 006 : Certifying Officer Legislation Training for Purchase Card Payments: Online Training (OLT) N/A: N/A: 1: 05-Nov-2019: Feedback. What are three violations of these Executive Orders?T06.E04, Defrauding the Government capital in Senegal. If required office paper is available from a mandatory source of supply (such as the Committee for Purchase from People Who Are Blind or Severely Disabled), the Cardholder must purchase the paper from the mandatory source, even if similar paper is available at a lower price from a non-mandatory source. How many Cardholder accounts may be rolled up under a Managing Account? Decrease penalties for faulty disputes - ANSWER-Abuse, How many Cardholder accounts may be rolled up under a Managing Account? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the truck depreciation cost from year to year. These procedures will address requirements related to which three of the following? Is a felonious act of corruption or attempt to cheat the Government f(x)=6x2x3(forf(x)=2x34x4), Hearing aids might be effective for treating the Cardholder can dispute a convenience check after payment has been made a. -Purchasing items or extra quantity of items for resale or to give away to relatives. A. In step 10 of the Governmentwide Commercial Purchase Card Program, what are three pieces of information that should be included in the Cardholder Purchase Log? Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. Above or below the micro-purchase threshold against contract vehicles issued for the component by contracting officer that contain a provision authorizing order and payment by the governmentwide commercial purchase card. What did you do wrong? (b) Use the graph of f(x)f^{\prime}(x)f(x) to determine where f(x)>0f^{\prime \prime}(x)>0f(x)>0, where f(x)<0f^{\prime \prime}(x)<0f(x)<0, and where f(x)=0f^{\prime \prime}(x)=0f(x)=0. an Managing Account Billing Statement. DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to (Select the three that apply), Avoid Pecuniary Liability-Correct The office costs are $87,360\$ 87,360$87,360 a year including rent, heating, cooling, lighting, and maintenance. Prepare a graph for raw materials. Authorized uses of the Governmentwide Commercial Purchase Card include: Failure to certify a Managing Account Billing Statement is a timely manner results in what three things? What are three advantages of using the governmentwide commercial purchase card? whose responsibility is it to comply with Government agency standards of conduct? Write an exponential function that models the A Cardholder's unauthorized purchase of power tools for personal useb. what are three violations of these executive orders? What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier. How many cardholder accounts may be rolled up under a managing account? CONCEPTUAL CONNECTION Briefly describe actions that Smith management could take to reduce the total raw materials cost from year to year. CLG 001 DoD Governmentwide Commercial Purchase Card Overview THIS COURSE WILL RETIRED AND BE REPLACED BY CLG 0010 02 JUNE 2020. Clg 001 test answers - Keep reading to learn more about Clg 001 test answers and how to use it. yo agree to make the purchase, and the construction company accepts your governmentwide commercial purchase card as the method of purchase. 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, which two of the following must be included in supporting documentation for all governmentwide commerical purchase card transactions, Frustrated freight may never reach the intended recipient, CLG 0010 DOD GOV. Who is responsible for making regular reviews of existing cardholders and their monthly spending limits? Approving/billing Officer Cardholders who have been formally granted the appropriate authority in their Letter of Delegation may use the Governmentwide Commercial Purchase Card to make Simplified acquisitions up to $25,000 outside the United States and its jurisdictions. \text{Total revenues}&\underline{\underline{\$37,567}}&\underline{\underline{\$27,006}}\\ CLG 0010 DoD Governmentwide Commercial Purchase Card Overview 4.7 (3 reviews) Term 1 / 23 Who is responsible for verifying proof of delivery for all Governmentwide Commercial Purchase Card transactions during the monthly transaction review? Chamberlain College of Nursing. Giving preferential treatment to any person or organization Which three of the following describe the Governmentwide Commercial Purchase Card? Purchases valued at more than $2,000. Last week she worked h overtime hours at double time. Which of the following is an appropriate circumstance for using a convenience check? Convenience checks must be secured in a locked container Every Governmentwide Commercial Purchase Card Cardholder should be issued both a card and convenience checks. CLG 0010 Exam with complete solutions who is responsible for verifying proof of delivery for all govermentwide commercial purchase card transactions during the monthly transaction review? Raw materials (cement, gravel, and so on) cost about$25 per cubic yard of cement. Improves data quality and access. . Gives DoD access to information about what its Components buy CLG 001. . a merchant. Executive orders 12674 and 12731 form the foundational policy on the ethical conduct of federal employees. What guidance does the Codification provide concerning the disclosure of research and development (R&D) costs? Prior to certifying the Managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Card, the Approving/Billing Official must do which one of the following? b. Which of the following is an agreement that is not binding solely because the Government representative who made it lacked the authority to enter into that agreement on behalf of the government? 6. Which three of the following are advantages of using the Governmentwide commercial purchase card? c. Total dollar value of the transaction, Whose responsibility is it to comply with Government agency Standards of Conduct? The Cardholder can request that the bank "stop payment" on a check The law requires the DoD to recover cost from Governmentwide Commercial PurchaseCard officials who have used the Governmentwide Commercial Purchase Card for illegal, improper, or erroneous purchases - ANSWER-True Which of the following is the term for a shipment of supplies or jurisdiction. Component Program Managers, Oversight Agency/Organization Program Coordinators, Primary and Alternate Agency/Organization Program Coordinators, Primary and Alternate Approving/Billing Officials, Cardholders, Convenience Check Writers, and Certifying Officers seeking to satisfy mandatory and refresher training for the DoD Purchase Card Program and those who have roles within the Government Purchase Card Program for which this course is recommended training. Hotel Guest Bills. Similar in nature to a commercial credit card Complete appropriate Training Description The DoD Governmentwide Commercial Purchase Card (GPC) Overview module was designed to help GPC Program participants learn how to make and process GPC transactions in accordance with applicable laws, regulations, and policies. competition What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions Insight on Demand (IOD) Once you establish a good working relationship with a particular supplier, you should make all of your purchases from that supplier false PUR. Paying for repairs of privately owned equipmentc. Paying for repairs of privately owned equipment, in step 12 of the governmentwide commercial purchase card program process, what are three Situations in which the acceptor must ensure written independent receipt and acceptance, Purchase of accountable property 10 United States Code 2784 requires specific corrective actions for Governmentwide Commercial Purchase Card Program violations, What is the artificial intelligence Data Mining platform that automatically analyzes the DoD's Governmentwide Commercial Purchase Card data to identify high-risk transactions, Authorized uses of the Governmentwide Commercial Purchase Card include (select three), a. \text{APMEA*}&6,391&6,020\\ Must not be Must be Is occasionally None of . Which of the following are you authorized to a. CLG 0010 DoD Governmentwide Commercial Card Exam. Date on which the item/service was ordered. Which of the following is an agreement that is not binding solely because the government representative who made it lacked the authority to enter into that agreement on behalf of the government? ), a. CLG 001 DoD Governmentwide Commercial Purchase Card Overview Exam 100% 1. A best practice calls for the Cardholders to reconcile transactions is the Statement of Account within how many days of the billing cycle end date? Clg 0010 dod governmentwide commercial purchase card. Public Notification-Correct This module was designed to provide individuals with a solid foundation for making Government Purchase Card (GPC) transactions in compliance with applicable laws, regulations, and policies. What are three authorized uses of the Governmentwide Commercial Purchase Card? DoD policy allows for governmentwide commercial purchase card billing statement certification prior to verification that all items submitted for payment have been received in order to Allow for maximum refunds Decrease penalties for faulty disputes Avoid prompt payment interest The Government Commercial Purchase Card used as the method of payment for Similar in nature to a commercial credit card T07.E02, When using a Governmentwide Commercial Purchase card, which of the following is a prohibited purchaseT06.E01, What is the Cardholder Statement of Account? What is defined as any felonious act of corruption or attempt to cheat the Government, or corrupt the Government's agents by charge card program officials?