NPMA CPPS CERTIFICATION EXAM GUIDE WITH ACCURATE ANSWERS
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Course
NPMA CPPS Certification
Institution
NPMA CPPS Certification
NPMA CPPS CERTIFICATION EXAM GUIDE WITH ACCURATE ANSWERS
2. Which of the following terms means "to possess and have use of property of another with delegated responsibilities"? (pg. 1-2)(Chapter 1) - Accurate Answerc. Acountability
1. What is the document most organizations use that describes...
NPMA CPPS CERTIFICATION EXAM GUIDE WITH ACCURATE ANSWERS
2. Which of the following terms means "to possess and have use of property of another with delegated responsibilities"? (pg. 1-2)(Chapter 1) - Accurate Answer ✅✅c. Acountability
1. What is the document most organizations use that describes and conveys the process steps taken to produce a desired result? (pg. 1-2)(Chapter 1) - Accurate Answer ✅✅a. Procedure
3. What element is crucial to the entire process of the property control system? (pg. 1-7)(Chapter 1) - Accurate Answer✅✅b. Records
4. When are property records modified? (pg. 1-7)(Chapter 1) - Accurate Answer ✅✅c. Throughout the property life cycle
5. What does reutilization reduce? (pg. 1-15)(Chapter 1) - Accurate Answer ✅✅d. Redundant
1. When does the Acquisition begin? (pg. 2-2)(Chapter 2) - Accurate Answer ✅✅a. Needs have been defined
2. What is the first step of the approval process when making a purchase? (pg. 2-2)(Chapter 2) - Accurate
Answer✅✅c. Obtaining approval to spend budgeted organizational funds
3. When a decision has been made to buy new equipment, considerations should be decided, such as: immediate availability, extended service warranties, and _________.
(pg. 2-4)(Chapter 2) - Accurate Answer ✅✅b. Advanced technology
4. When a Purchase Order has been completed, Purchasing should provide a copy of the Purchase Order to property management, the originator, accounts payable, and what other department? (pg. 2-6)
(Chapter 2) - Accurate Answer ✅✅d. Receiving 5. What establishes delegation of authority for signature approval thresholds and types of property for those signature levels? (pg. 2-2)(Chapter 2) - Accurate Answer ✅✅a. Organization procedure
1. In organizations having online financial systems, documentation is created electronically
and is retained in the system's transaction history. It is often used as part of a three-way match of transactions prior to payment: the PO, the receiving documentation, and the
___________. (pg. 3-2)(Chapter 3) - Accurate Answer ✅✅a. Invoice
2. A ________________________ provides receiving activity information as well as a way
to trace items that are lost or misappropriated during the receiving process or during delivery from the receiving area. (pg. 3-2)(Chapter 3) - Accurate Answer ✅✅d. Receiving voucher log
3. What is a disadvantage of centralized receiving? (pg. 3-3)(Chapter 3) - Accurate Answer ✅✅d. Slower turn-around time for deliveries
4. What information is NOT typically recorded in a receiving voucher log? (pg. 3-2)(Chapter 3) - Accurate Answer✅✅c. Purchasing department order date and cost
5. Why is it important that the Receiving department inspect for damage? (pg. 3-5)(Chapter 3) - Accurate
Answer✅✅a. Provide information for a potential return of the item to the vendor
1. What is one accomplishment by tagging of new, incoming property? (pg. 4-1)(Chapter 4) - Accurate Answer✅✅b. Establishes the official record for that item
2. Types of property that generally require serialized tags are : (pg. 5-2)(Chapter 4) - Accurate Answer✅✅c. Government property sensitive property
3. Reasons accountable property is tagged because of its sensitivity, requirement for control and what? (pg. 4-2)(Chapter 4) - Accurate Answer ✅✅c. Dollar value
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