Question

Prior to certifying the managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Care, the Approving/Billing Official must do what two things?

Answer 1

The Approving/Billing Official must ensure accuracy of the billing statement and verify that the contract payment is within available revenues.

Step-by-step explanation:

Prior to certifying the managing Account Billing Statement for contract payment by Governmentwide Commercial Purchase Care, the Approving/Billing Official must do two things:

1. Ensure that the information provided on the billing statement is accurate and complete. This includes verifying the contract details, the products or services provided, and the corresponding prices and quantities.
2. Review and confirm that the contract payment falls within the available revenues of the organization. This is crucial to ensure that there are sufficient funds to cover the payment without exceeding the budget.