Materials Management

Question 1

Petty cash can be used to reimburse employee up to $__.

Answer 1

$50

Question 2

Amounts for change fund/petty cash

Answer 2

Change fund $100
Petty cash $300

Question 3

Max purchase amount from petty cash

Answer 3

$50
Cannot split purchases to exceed

Question 4

Fund shortages shall be reported to FMS in writing no later than when?

Answer 4

First business day after discovery

Question 5

P-card purchases shall be made from which types of business if possible?

Answer 5

Small business
Micro business
Disabled vet business

Question 6

P-card shall not be used when shipping charges exceed $__.

Answer 6

$200

Question 7

Invoices must be paid within __ days.

Answer 7

45 days

Question 8

Lost or stolen p-card shall be reported within __ hours.

Answer 8

48 hours

Question 9

No major, sensitive, minor equipment shall be __ without approval from BSS, SSU. Once approved, shall be within __ days.

Answer 9

Discarded
20 days

Question 10

P-card single purchase limit

Answer 10

Office/janitorial $2,499.99
Canine operations $500