What information does the CH Statement of Account provide?

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Prepare for the DoD Government Purchase Card exam. Study with multiple-choice questions, each with hints and explanations. Boost your readiness for the test!

The CH Statement of Account provides a comprehensive overview of all purchases and credits applied to the account over the last 30 days. This timeframe allows cardholders to closely monitor their spending patterns and ensure that all transactions appear correct and authorized. By focusing on a recent period, users can promptly address any discrepancies or unauthorized items before they become more complex to resolve.

The other options offer broader or narrower scopes of information that do not align with the specific function of the CH Statement of Account. For example, detailing past transactions only would not reflect the timely monitoring aspect, listing all purchases and credits for the last year would be too extensive for the purposes of current oversight, and summarizing activity for only the last month limits the view to just one period without the specificity of daily changes within that timeframe. Thus, focusing on the last 30 days strikes a balance between detail and relevance for budget management and accountability.