Podcast
Questions and Answers
Which item is a benefit of using the travel card?
Regardless of the status of the traveler's reimbursement, they must pay their bill on time for an Individually Billed Account (IBA).
True
Which situation will most likely result in an individual being issued a restricted travel card?
The traveler refuses to authorize a credit check.
Which of the following is NOT an action that Patricia should take to prepare for going TDY?
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What does Vanessa need to do next before she can receive a travel card?
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Which is a reason for account suspension?
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The cardholder is responsible for authorized charges made before losing the travel card.
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Study Notes
Travel Card Benefits and Usage
- Travel cards allow travelers to avoid using personal funds for official travel expenses, ensuring ease and efficiency in managing travel costs.
- For Individually Billed Accounts (IBA), it is mandatory for travelers to pay their bills punctually, regardless of the status of reimbursements.
Restrictions and Responsibilities
- Individuals may receive a restricted travel card if they refuse to authorize a credit check, impacting their ability to manage travel expenses effectively.
- A traveler preparing for temporary duty (TDY) should not hold onto vouchers from previous trips to process later; this indicates mismanagement of travel funds.
Pre-Card Application and Account Management
- Before receiving a travel card, individuals must sign a Department of Defense (DoD) Statement of Understanding and submit it to their Authorizing Program Coordinator (APC).
- Accounts can be suspended if they remain delinquent for over 61 days, emphasizing the importance of timely payment.
Card Security and Liability
- Cardholders are accountable for all authorized charges made before reporting their travel card as lost or stolen, highlighting the need for vigilance in managing card security.
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Description
Test your knowledge of travel cards and their benefits with this assessment. The quiz covers various aspects of travel-related financial practices, including individually billed accounts and important definitions. Perfect for travelers and finance professionals alike.
