NPMA CPPS CERTIFICATION TEST QUESTIONS AND
ANSWERS A+ GRADED. Buy Quality Materials!
2. Which of the following terms means "to possess and have use of property of
another with delegated responsibilities"? (pg. 1-2)(Chapter 1)
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)
a. Procedure
3. What element is crucial to the entire process of the property control system?
(pg. 1-7)(Chapter 1)
b. Records
4. When are property records modified? (pg. 1-7)(Chapter 1)
c. Throughout the property life cycle
5. What does reutilization reduce? (pg. 1-15)(Chapter 1)
d. Redundant
1. When does the Acquisition begin? (pg. 2-2)(Chapter 2)
a. Needs have been defined
2. What is the first step of the approval process when making a purchase? (pg. 2-
2)(Chapter 2)
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)
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)
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)
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)
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)
d. Receiving voucher log
3. What is a disadvantage of centralized receiving? (pg. 3-3)(Chapter 3)
d. Slower turn-around time for deliveries
4. What information is NOT typically recorded in a receiving voucher log? (pg. 3-
2)(Chapter 3)
c. Purchasing department order date and cost
5. Why is it important that the Receiving department inspect for damage? (pg. 3-5)
(Chapter 3)
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)
b. Establishes the official record for that item
2. Types of property that generally require serialized tags are : (pg. 5-2)(Chapter
4)
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)
c. Dollar value
4. What does the accuracy of bar-code technology depend on? (pg. 4-3)(Chapter
4)
a. The accuracy of the data capturing process
5. Assets acquired by the subcontractor must be tagged in accordance with the
_____________ policies and procedures unless otherwise specified in the
subcontract
award document. (pg. 4-5)(Chapter 4)
a. Prime contractor's
1. What is the method of inventory and distribution that moves the oldest items in
storage
to the location where they will be used first (i.e. there is concern that the items
may have
a limited shelf-life)? (pg. 5-7)(Chapter 5)
a. FIFO
2. Warehouse operations include several integrated functions including: (pg. 5-2)
(Chapter 5)
a. Space allocation
3. What does using proper temperature and humidity controls in a warehouse
environment
help ensure? (pg. 4-3)(Chapter 5)
d. Does not deteriorate when being stored
ANSWERS A+ GRADED. Buy Quality Materials!
2. Which of the following terms means "to possess and have use of property of
another with delegated responsibilities"? (pg. 1-2)(Chapter 1)
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)
a. Procedure
3. What element is crucial to the entire process of the property control system?
(pg. 1-7)(Chapter 1)
b. Records
4. When are property records modified? (pg. 1-7)(Chapter 1)
c. Throughout the property life cycle
5. What does reutilization reduce? (pg. 1-15)(Chapter 1)
d. Redundant
1. When does the Acquisition begin? (pg. 2-2)(Chapter 2)
a. Needs have been defined
2. What is the first step of the approval process when making a purchase? (pg. 2-
2)(Chapter 2)
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)
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)
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)
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)
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)
d. Receiving voucher log
3. What is a disadvantage of centralized receiving? (pg. 3-3)(Chapter 3)
d. Slower turn-around time for deliveries
4. What information is NOT typically recorded in a receiving voucher log? (pg. 3-
2)(Chapter 3)
c. Purchasing department order date and cost
5. Why is it important that the Receiving department inspect for damage? (pg. 3-5)
(Chapter 3)
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)
b. Establishes the official record for that item
2. Types of property that generally require serialized tags are : (pg. 5-2)(Chapter
4)
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)
c. Dollar value
4. What does the accuracy of bar-code technology depend on? (pg. 4-3)(Chapter
4)
a. The accuracy of the data capturing process
5. Assets acquired by the subcontractor must be tagged in accordance with the
_____________ policies and procedures unless otherwise specified in the
subcontract
award document. (pg. 4-5)(Chapter 4)
a. Prime contractor's
1. What is the method of inventory and distribution that moves the oldest items in
storage
to the location where they will be used first (i.e. there is concern that the items
may have
a limited shelf-life)? (pg. 5-7)(Chapter 5)
a. FIFO
2. Warehouse operations include several integrated functions including: (pg. 5-2)
(Chapter 5)
a. Space allocation
3. What does using proper temperature and humidity controls in a warehouse
environment
help ensure? (pg. 4-3)(Chapter 5)
d. Does not deteriorate when being stored
