Non monetary gifts exceeding $350 should be reported to CG-8R within how many days of receipt?

Non monetary gifts exceeding $350 should be reported to CG-8R within how many days of receipt?

• A. 30 days
• B. 90 days
• C. 120 days
• D. 60 days

Answer: (D)

Gifts from outside sources that are non-monetary and exceed the value of $350 must be disclosed to CG-8R within 60 days of when you receive them. This 60-day window keeps disclosures timely and helps prevent any appearance that a gift could influence your official actions. The report is directed to CG-8R, following the Coast Guard’s ethics policy for gifts. For example, if you receive a non-monetary gift valued at $360, you should report it within 60 days of receipt, not later. The other time frames (30, 90, or 120 days) don’t align with this policy, so they’re not appropriate.

Gifts from outside sources that are non-monetary and exceed the value of $350 must be disclosed to CG-8R within 60 days of when you receive them. This 60-day window keeps disclosures timely and helps prevent any appearance that a gift could influence your official actions. The report is directed to CG-8R, following the Coast Guard’s ethics policy for gifts. For example, if you receive a non-monetary gift valued at $360, you should report it within 60 days of receipt, not later. The other time frames (30, 90, or 120 days) don’t align with this policy, so they’re not appropriate.