NPMA CPPA Practice Exam With
Comprehensive Questions and Well
Elaborated Correct Answers GRADED
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Discussion Posts and Replies
Which of the following is the most important factor in maintaining accountability for government
property? - correct ans:Implementing an effective record-keeping system
, What is the primary responsibility of a property administrator in a government contract? - correct
ans:To monitor compliance with property clauses and regulations
Under the Federal Acquisition Regulation (FAR), who is primarily responsible for ensuring proper
stewardship of government property? - correct ans:The contractor assigned to the property
Which document must a contractor maintain to track government property in their possession? - correct
ans:A property control system record
What is the purpose of DFARS 252.245-7003 in relation to government property? - correct ans:It sets
requirements for contractor property management systems
Which of the following is an acceptable method for performing a physical inventory? - correct
ans:Immediately after the discrepancy is identified
Which disposal method is preferred for government property that still has residual value? - correct
ans:Property that exceeds the needs of an agency and has no foreseeable requirement
Which of the following is NOT a core function of a property administrator? - correct ans:Overseeing
employee hiring processes
What is the first step in the approval process when making a purchase? - correct ans:Obtaining approval
to spend budgeted organizational funds
In organizations with online financial systems, which document is often used as part of a three-way
match of transactions prior to payment? - correct ans:Invoice
What is one accomplishment of tagging new, incoming property? - correct ans:Readily establishes
ownership
Which type of property generally requires serialized tags? - correct ans:Government property sensitive
property
Comprehensive Questions and Well
Elaborated Correct Answers GRADED
A+
Professional Academic Assistance Services
Services Offered
Proctored Exam Assistance
Online Class Management (Full Course Support)
Exam Preparation & Study Materials
Assignments and Coursework Support
Essays and Research Papers
Discussion Posts and Replies
Which of the following is the most important factor in maintaining accountability for government
property? - correct ans:Implementing an effective record-keeping system
, What is the primary responsibility of a property administrator in a government contract? - correct
ans:To monitor compliance with property clauses and regulations
Under the Federal Acquisition Regulation (FAR), who is primarily responsible for ensuring proper
stewardship of government property? - correct ans:The contractor assigned to the property
Which document must a contractor maintain to track government property in their possession? - correct
ans:A property control system record
What is the purpose of DFARS 252.245-7003 in relation to government property? - correct ans:It sets
requirements for contractor property management systems
Which of the following is an acceptable method for performing a physical inventory? - correct
ans:Immediately after the discrepancy is identified
Which disposal method is preferred for government property that still has residual value? - correct
ans:Property that exceeds the needs of an agency and has no foreseeable requirement
Which of the following is NOT a core function of a property administrator? - correct ans:Overseeing
employee hiring processes
What is the first step in the approval process when making a purchase? - correct ans:Obtaining approval
to spend budgeted organizational funds
In organizations with online financial systems, which document is often used as part of a three-way
match of transactions prior to payment? - correct ans:Invoice
What is one accomplishment of tagging new, incoming property? - correct ans:Readily establishes
ownership
Which type of property generally requires serialized tags? - correct ans:Government property sensitive
property
