100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NPMA CPPS Practice Test with Verified Answers| 100% Correct| Grade A+ $12.49   Add to cart

Exam (elaborations)

NPMA CPPS Practice Test with Verified Answers| 100% Correct| Grade A+

 0 view  0 purchase
  • Course
  • NPMA
  • Institution
  • NPMA

NPMA CPPS Practice Test with Verified Answers| 100% Correct| Grade A+

Preview 2 out of 6  pages

  • November 6, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NPMA
  • NPMA
avatar-seller
Examsplug
NPMA CPPS Practice Test with Verified Answers|
100% Correct| Grade A+



When should property that has been taken offsite for approved use be returned? - ✔✔During
the physical inventory



What is the name of the movement document used to track the short-term movement of
equipment that may be used by multiple users? - ✔✔Equipment log-out form



The following characteristics are a factor when selecting a shipping container: Size and weight of item,
mode of transportation, manufacturer specifications, and ____________. - ✔✔Physical
characteristics



What are the two most important things that must be considered when assets are moved from point to
point? - ✔✔Physical protection and location changes in the records



When should the movement of an item be recorded in the property records? - ✔✔Following
the movement of the item



Who is responsible for maintenance and calibration? - ✔✔Anyone who observes, uses, or services
an item



What types of maintenance should be covered in a Maintenance Plan? - ✔✔Repair, unscheduled,
preventive maintenance, calibration



When selecting maintenance software, you should allow for what type of records? - ✔✔Multiple
Service Requirements

, What results in cost savings, preventing downtime and reduced production? - ✔✔Maintenance plan



What best describes a Maintenance Plan? - ✔✔Items requiring regularly-scheduled inspection
and service should be scheduled for recall via a systematic process



What is the role of the physical inventory? - ✔✔To ensure assets recorded in the property system
physically exist c. To ensure materials in storage have not exceeded their established shelf-life



Which equipment is more prone to loss other than theft? - ✔✔Roving Equipment



What is the factor that largely determines the frequency of a physical inventory? - ✔✔Type of property



Periodic inventories are based on what factors if not mandated by specific contract language? -
✔✔Type, location, and value of the property



Which type of physical inventory would one use if a 100% inventory is not cost effective or used for
low cost consumable items? - ✔✔Statistical Sampling



The Property Manager must establish support and maintain the utilization program by actively participating
in the management processes that establish and adjust requirements on which the business is based. Some
of these processes are: - ✔✔Managing current leases and proposing new leases



Using assets provided by another entity for the unauthorized purpose could result in which of the
following: - ✔✔Create a liability for the organization



Which is considered a benefit of property reutilization program? - ✔✔Transfer available excess
property among departments in lieu of new purchases



To have a reutilization program that works effectively, the property system must: - ✔✔Identify
excess assets and obsolete items

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Examsplug. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82215 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart